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Blockchain.com now lists TRX, the native token of the Tron ecosystem, on exchanges and wallets.
Blockchain.com, one of the world’s leading cryptocurrency companies, announced Tuesday, September 13th that it has listed TRON’s native utility token TRX on its platform.
This latest development means TRX is now available on Blockchain.com exchanges and wallets.
According to a press release shared with Coinjournal, Blockchain.com is offering multiple incentives, including a program where users can earn up to 8% in annual rewards for holding TRX in their Blockchain.com Rewards account. Said the program would be introduced.
Additionally, TRX can be used to send, receive, buy, sell, exchange, earn rewards on the Blockchain.com Wallet, deposit, trade and withdraw on the Blockchain.com Exchange.
Blockchain.com says the addition is a means of growing the Web3 landscape by attracting more notable layer 1 public blockchains.
Blockchain.com is one of the oldest cryptocurrency exchanges and has been around since 2011. At the time, it was the first Bitcoin blockchain explorer and later created a cryptocurrency wallet and exchange.
In addition to consumer services, Blockchain.com offers a one-stop-shop for institutional investors, including OTC trading, custody, and lending capabilities. The company also partners with institutional investors to create bespoke solutions for specific purposes.
Blockchain.com currently has over 37 million verified users and 84 million wallet holders worldwide. Having such a huge number of his TRX on the platform means the coin will be available to millions of users around the world.
Blockchain.com added that the listing of TRX on its platform and other major exchanges has been a common theme of TRON DAO throughout the year.
Staking rewards, enhanced liquidity, and increased user reach have all helped expand the TRON ecosystem to become more mainstream, the team added. We concluded that it will be easier for the general public to utilize TRX in TRON dApps to further grow the ecosystem.
Blockchain.com revealed earlier this year that it has processed over $1 trillion in transactions since its launch 11 years ago. He is one of a number of cryptocurrency companies looking to go public in the next few years.
