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Roqqu Update About Tron

Hope you and your loved ones are doing great?This year has been a unique one for every one of us and the whole world, it is with a lot of memorable activities and stories to tell in the future. During the last few months, lots of new features have been added to the Roqqu Services, below are a few of the new features.

  • Tron listing
  • Savings (Crypto Piggy Bank)
  • Roqqu API
  • and some security updates.

Tron also known as TRX is a Cryptocurrency designed to handle credit sharing, payment, development, and storage for a worldwide digital platform. In other words, it means those who own Tron will have total control and ownership of the data they create, including how it is distributed to the audience.
Tron was an idea of 26-year-old Justin Sun in 2017, a self-proclaimed protégé of Alibaba chief executive and billionaire Jack Ma. TRON Foundation raised $70 million in 2017 through an Initial coin offering.

The transaction that is made with Tron is recorded in the blockchain ledger.
Tron has taken a different approach than most Decentralized Ledger Protocols (DLT) out there. Most of the other projects try to gain traction by introducing new technologies and features to the ecosystem. Tron relies more on a heavy emphasis on advertising with a somewhat unimpressive technological development. As most of the core functioning of Tron is made from technology already pioneered by other projects it also supports various other blockchain networks like Ethereum, Bitcoin, EOS etc-these are all leading cryptocurrencies in the world. This enhances Tron’s utility-an unique ability which gives it an edge over other cryptocurrencies.

That is right, the most popular FIAT backed stable coin in the market is partially issued on the Tron network. It was created in April of 2019 using the TRC-20 standard. Again, Tron is not particularly original in this regard. The token is accepted in some major exchanges out there such as Binance, Polinex, OKEX, KuCoin, and many others. As of the time of writing, there are 500 million dollars of USDT issued on Tron circulating in the markets.

As the Ethereum network gets congested due to its limitations and the rise of DeFi, gas prices get more expensive. This makes using Tether on Ethereum a very expensive transaction. Here is where Tether on Tron can become an excellent alternative. 
As a result of the high gas price on the Ethereum network (ERC20), Roqqu now uses the Tron network (TRC 20) to accept USDT.

Roqqu Savings is a new feature that allows you to save cryptocurrency without the fear of volatility and earn upto 15% per annum.
Roqqu savings requires the user to save with Tether (USTD) which is the number one world stable cryptocurrency 1USDT = 1USD, saving with this USDT eliminates the fear of losing your money due to volatility.
The saving period has been divided into 4 different sage;

  • 1 month that allows you to earn 0.8% of your savings.
  • 3 months that allows you to earn 3% of your savings. 
  • 6 months that allows you to earn 7% of your savings. 
  • 12 months that allows you to earn 15% of your savings. 

We are happy to inform you that the long-awaited Roqqu API is out.Are you a store owner or do you have the intention of building to build your own service on the blockchain?Roqqu now offers you her core infrastructure to build your own blockchain network using her API, the API offers you access to work with multiple cryptocurrencies such as Bitcoin, Ethereum, Tron, USDT (using TRC20),  BNB,  and other listings on Roqqu. You’ll be able to generate addresses, get confirmation status of transactions, send and receive tokens easily from simple http requests.To get started visit https://developers.roqqu.com/reference and follow the instructions.
Remember,  a little act of kindness can make a big difference in someones life

CryptoNewer/SIA

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