OKEx adds margin trading facility for TRON (TRX) on their platform, following Bitcoin Cash (BCH) just 2 days ago.
Following the announcement of margin trading for Bitcoin Cash (BCH) on their platform, OKEx adds another cryptocurrency available for the same facilities just recently.
The Hong Kong-based exchange now offers margin trading for the crypto that just took the the 8th position on the crypto by market cap list, overthrowing Bitcoin SV (BSV) and Tether (USDT), TRON.
Effective from January 10th at 5am UTC+1, users can use an amount of loan of up to 5,000 USDT for TRX/USDT pairing and 100 BTC for TRX/BTC pairing.
Moreover, TRX is also supported by OKEx’s newly-launched feature, the OK PiggyBank that allows users get the interest from the spare tokens they put into a shared fund.
Such facilities will likely boost TRON’s transaction on OKEx, but will it be significant enough to bring TRX to a higher rank on the top coin by market cap list?
With more than 210 million difference with the 7th ranked Litecoin, it seems a bit impossible to achieve with only one addition of exchange that provides margin trading facility.
Nevertheless, anything is possible in cryptocurrency. Let’s just wait and see.