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Mercado Bitcoin brings TRON DAO’s TRX to its platform

Written byMaxwell Mutuma
Edited by Niharika Deshpande
January 12, 2024
in Cryptocurrency Exchange News
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Mercado Bitcoin recently announced listing Tron DAO’s TRX on its exchange. The announcement was made on the official X/Twitter account of Mercado Bitcoin.

As Brazil’s biggest crypto exchange, Mercado Bitcoin has a massive user base. Thus, TRX’s listing on the platform exposes it to a significant audience. According to the string of tweets, users can start trading TRX on the platform from R$1.

The tweet also talked about Tron and how it can support over 2 thousand TPS (transactions per second). It allows developers to build everything from games to dApps to smart contracts. Now, users can trade TRX with low costs and more flexibility.

The coin boasts the 11th largest market cap in the world. It also has a large DeFi ecosystem, facilitating participation in voting and activities on Tron.

TRX is the native utility token of Tron, making it a huge addition to the exchange as well. With the addition, Mercado Bitcoin has expanded its credible digital asset offering to users. Even Fabricio Tota talked about the recent listing.

As Mercado Bitcoin’s Director of New Business, Tota expressed delight about joining hands with Tron. According to Tota, it is a huge step for Brazil from a technological and business perspective. Every token has distinct characteristics and can cater to specific user bases.

Thus, it contributes to the expansion of the virtual economy, impacting people via tokenization, added the New Business Director.

Mercado Bitcoin is listing more tokens from Tron on its platform. These tokens include BTT, WIN, USDD, SUN, JUST, and APE NFT. Tron DAO’s Ecosystem Lead also talked about the listing.

According to David Uhryniak, the team is delighted to join Mercado Bitcoin’s lineup. The exchange has showcased its innovation and leadership in the circle for a long time. With the listing, TRX will increase interest in blockchain technologies in Brazil.

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Maxwell Mutuma

Maxwell Mutuma

Maxwell Mutuma is a crypto journalist at NameCoinNews, with over five years of experience in digital media and Web3 reporting. Since turning his focus to crypto in 2020, he has covered articles around blockchain infrastructure, DeFi protocols, exchange developments, and the broader decentralization movement. Maxwell's work is driven by a long-held conviction that decentralised technology represents a genuinely transformative force. He brings that perspective to his coverage of on-chain developments, regulatory shifts, and the global adoption of Bitcoin and digital assets.

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