See More

TRON to Partner with Poloniex, Fueling Rumors Justin Sun Plans to Purchase

2 mins
Updated by Max Moeller
Join our Trading Community on Telegram
Poloniex has just announced that it has partnership plans with the TRON Foundation. The exchange even shared a live stream Q&A with Justin Sun.
To the surprise of many, Justin Sun held a stream question-and-answer session on Poloniex’s own Twitter. It has fed rumors that Sun may be planning on purchasing the exchange.

TRON Founder Speaks to Poloniex Users

Justin Sun told Poloniex users today that “big things” are coming in Q4. The founder of TRON recently held a Q&A stream shared on Poloniex’s own Twitter. The tweet confirmed that the TRON Foundation and the exchange are officially working together. Details during the Q&A live stream were sparse, but what we do know is that we can expect Poloniex to redesign its UI by the end of Q4. Sun also encouraged TRX holders to deposit their tokens into Poloniex, and there are expectations that a special giveaway event might be held for those who make deposits. The live stream’s reply tweets were overwhelmingly negative.

Justin Sun May Be Purchasing Poloniex

As BeInCrypto reported recently, rumors have been circulating about Sun potentially planning on purchasing Poloniex. The cryptocurrency exchange recently lost its support from Circle due to it merely being unprofitable, and will be rebranding to Polo Digital Assets as a result. However, reports indicate that TRON founder Justin Sun has been making appearances at Circle’s headquarters allegedly to strike a deal on the exchange. It seems that Sun is planning on acquiring the exchange. Poloniex bitcoin The recent live stream Q&A has only fed these rumors further, practically confirming that TRON and Poloniex have a close relationship. This is the first time we have seen Sun speak directly to Poloniex users. Of course, if Sun does end up acquiring the exchange, we can expect him to release an exchange token—Sun is, after all, notorious for tokenizing every project he acquires, despite criticism.
Did you know you can trade sign-up to trade Bitcoin and many leading altcoins with a multiplier of up to 100x on a safe and secure exchange with the lowest fees — with only an email address? Well, now you do! Click here to get started on StormGain!
Top crypto platforms in the US | April 2024
Coinbase Coinbase Explore →
AlgosOne AlgosOne Explore →
Chain GPT Chain GPT Explore →
iTrustCapital iTrustCapital Explore →

Trusted

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

photo_Anton_circle.jpg
Anton Lucian
Raised in the U.S, Lucian graduated with a BA in economic history. An accomplished freelance journalist, he specializes in writing about the cryptocurrency space and the digital '4th industrial revolution' we find ourselves in.
READ FULL BIO
Sponsored
Sponsored