Back in late September, Marcus Zhao, of Tron’s Public Chain Division, informed the TRON (TRX) community and the crypto-verse, on the progress of the project and what the future held. In the update, Marcus mentioned that after the activation of the Tron Virtual Machine, the team at the Foundation would follow through on activating a decentralized exchange.
Tron Decentralised Exchange on TronScan
The Tron community can be lauded for always being on top of things and never missing a development when it comes to their favorite project. It was due to the community’s keen eye that the Decentralized exchange on TronScan was made public via Twitter. Matthew Fetzer was one of the first community members to notice the addition on Tronscan. His tweet can be found below.
did everyone see the DEX tab on Tronscan!!!!! @WLFOFMYST @thacryptomaniac @curtiskitchen
— FetzLink1KEOY (@thefetztizzle) November 8, 2018
Further investigating the DEX tab on TronScan, we find that the exchange is live with three tokens listed against TRX as follows:
- dice/TRX
- WIN/TRX
- SEED/TRX4
Link Your TRX Wallet to Trade
Users who want to trade on the platform have to link their TRX wallets to the decentralized exchange using a tab on the top right-hand corner. There is also the option of creating a new wallet for anyone who does not have one. The screenshot below has been provided for a better visualization of how the platform looks like.
Have Your Token Listed on the DEX
Projects that have tokens created on the Tron network are encouraged to apply to have them listed on the decentralized exchange. All they have to do is fill out an application to have the digital asset listed.
Other Decentralized Exchanges
Tron Watch Market is another decentralized exchange on the Network that aims at being the fastest of its kind in the crypto-verse. Its token sale ended on the 23rd of October and the team has already released a Demo version of the exchange. Once completed, the Tron Watch Market decentralized exchange will allow users to trade between TRON, TRX10, and TRX20 Tokens in a secure manner.
What are your thoughts on the recently added decentralized exchange on TronScan? Please let us know in the comment section below.
Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.
