TRON (TRX) Market with Zero Trading Fees
As part of our ongoing campaign to acquire more trading volume from popular and quality projects, Catex Exchange has chosen Tron Foundation to be a major aspect of its ecosystem. We believe the Tron blockchain and its cryptocurrency, TRX, are at the forefront of the industry. CEO of Tron, Justin Sun, has shown time and time again that he is a marketing genius. He has a willingness to be open to the idea of helping other exchanges besides Binance with marketing if they were to feature his company. Catex Exchange is early on in adapting Tron to its profit-sharing platform, however it has produced great results. For the last two months, we have hosted two TRX trading competitions. In total, the trading competitions brought in more than 4 million dollars worth of trading volume to the exchange. Even though the exchange broke even on the competitions, they brought in hundreds of new traders to the platform. Tron is the most popular coin to be traded and we knew this. Therefor, we decided to go a step further.
Catex now has a entire market dedicated to Tron. Over the last week, we have listed CATT/TRX, EOS/TRX, XRP/TRX, QTUM/TRX, BCH/TRX, LTC/TRX, ETC/TRX, DASH/TRX and last but not least, BTT/TRX. With the decision to open the Tron market, we knew we had a good chance of building on the momentum we had gained from the trading competitions. The hard work of the development team paid off! Tron’s marketing team made contact with us and decided to advertise our exchange for dedicating a market to them. Justin Sun and the Tron Foundation Twitter accounts had created a Tweet for detailing the opening of the market on catex.io. Justin has a million followers on Twitter. The post was also featured on their Facebook accounts.
Our main goal is to establish Catex Exchange as one of the top profit-sharing platforms on Coinmarketcap. To climb the ladder, we have made the decision to make the entire Tron (TRX) market with zero trading fees. Exception is the CATT/TRX pairing.Although this type of trading volume won’t directly effect the amount of dividends, we are positive it bring an influx of new traders who will use the other markets and services. Since enabling, our exchange volume has steadily grown from doing $750,000 in trading volume daily to almost $1,000,000. We expect this number to climb due the fact more serious traders are joining the Catex platform. A Tron market with zero trading fees is something quite unique. We will continue to add premium pairings such as with the recent BitTorrent (BTT) listing and we will absolutely offer future TRX trading competitions.
Well I hope you enjoyed reading this tidbit on our strategic decision to target more serious traders with the Tron market. If you are new and never heard of Catex Exchange before, come visit our website at www.catex.io. We will see you there!
