Social media giant LINE’s in-house crypto-to-crypto exchange dubbed as BitBox has been home to tens of thousands crypto enthusiasts looking to trade cryptocurrencies through an easy-to-use mobile platform. The platform has now included Tron (TRX) in BitBox’s listing committee. As a support system for Tron and an unexpected $10 million token venture fund has been launched.
Tron will now be available for trading on BitBox via multiple new trading pairs, such as TRX/BTC and TRX/ETH. To celebrate, LINE has partnered with Tron to airdrop nine million TRX tokens to all BitBox users “in a promotional event running until August 22nd.”
Youngsu Ko, the CEO of LINE Tech Plus, a Singapore-based subsidiary that runs BitBox, issued a statement:
“Integrating TRON (TRX) with BITBOX will enable us to connect with the world’s fastest-growing blockchain project. TRON has a solid tech platform, especially now it has joined forces with BitTorrent.”
In addition, Line noted that Tron’s addition marks an initiation to ensure that their customers have access to a diverse set of “coin options,” aided by an easy-to-use, efficient, and secure user-centered service.
LINE today announced an important new development in its cryptocurrency businesses – the BITBOX Exchange has added the coin project TRON (TRX) to its listings. TRON is the first coin project to pass the review process by the BITBOX open-listing committee. https://t.co/cpYXtDLm3f pic.twitter.com/v91hytIM1F— LINE Global (@LINE_Global) August 15, 2018