- Cryptolocally, peer-to-peer crypto trading platform recently announced it had enlisted Tron on its platform.
- According to the release by CryptoLocally, the TRX traders will be able to start trading within minutes after registration.
- Moreover, the platform is also offering a lower transaction fee for TRX trades with reduced settlement times.
A significant peer-to-peer crypto trading platform Cryptolocally recently announced it had enlisted Tron on its platform. The platform notified that it will provide the fastest and easiest way to trade in TRX with multiple payments in currency depending on users’ choice.
The fastest and easiest way to trade in TRX
This will include various payment methods such as Cash Payment, PayPal, AliPay, Venmo, and many more. All the transactions on the platform will be conducted on-chain with additional benefits. This includes all the funds to be protected in an escrow until the completion of the transaction.
According to the release by CryptoLocally, the TRX traders will be able to start trading within minutes after registration. It is a private platform and does not require any KYC verification. It will offer the Tron users the fastest and cheapest method to buy and sell crypto appropriately, safely, and easily.
With this effort CryptoLocally cutoff the middleman barrier to purchase TRX tokens. With the request made by the Tron community, CryptoLocally offered a direct channel for fiat-TRX traders and with this step, the platform assured the users to provide a seamless transaction ecosystem.
CryptoLocally offers a lower transaction fee for TRX trades
Moreover, the platform is also offering a lower transaction fee for TRX trades with reduced settlement times. CryptoLocally remarked that Tron transactions will perform much faster on its platform as it is independent of the settlement times of Bitcoin or Ethereum.
To conduct trades on CryptoLocally, the TRX users need to follow three steps. Firstly, the user has to conduct open trades where he has to select TRX as the preferred cryptocurrency to trade. After the approval of buyers and sellers on the terms, the seller can transfer TRX to the secure escrow.
Once the trade is done, the user would send or receive the agreed amount of the local currency or cryptocurrency. Finally, once the funds have received, the user can release the escrow after that the TRX will be directly sent to the buyer’s wallet.