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Home Altcoins

Canadian Exchange Lists TRON, Says BSV’s Pump & Dump Scheme will Destroy its Reputation

by Khalid Lawal
January 16, 2020
in Altcoins, Cryptocurrency, General News
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A Canadian crypto exchange, majorly focused on XRP, has just announced support for TRON cryptocurrency but won’t be listing Bitcoin SV.

Hours before announcing support for TRON, the CEO of Coinfield crypto exchange, Bob Ras, closed the door on Bitcoin SV. Ras said the listing of Bitcoin SV will never happen on the crypto exchange.

The CEO rebuked the cryptocurrency for its trend in the market. Ras said BSV is full of pumps and dumps, and this will only make investors lose their funds uselessly.

He said listing BSV on the crypto exchange will make the platform susceptible to losing the reputation it has been building over time.

“This is why we never list BSV on CoinFieldEX. These pumps and dumps will cause investors to loose [sic] significant amount of money while destroy [sic] all the trust that have been built in crypto space”, Ras said.

Ras based his argument on the fact that Bitcoin SV surges in the market without any “legit reasons or solid developments behind” its growth.

Fair enough, but if SOLO goes up 200% in a day without any legit reasons or solid developments behind that then I believe it's fair to issue the same statement.

— Bob Ras (@bobrasX) January 15, 2020

Among 100 cryptocurrencies in the market today, Bitcoin SV has seen the greatest loss within 24 hours. At press time, the BCH hardfork cryptocurrency presented a value change of -14% within 24 hours. This came after the digital currency saw a price increase of over 100%.

After rising to as high as $434 per unit value yesterday, Bitcoin SV fell down the chart, moving below $300.

Although most of the assets in the crypto market are shedding from their value today, BSV, aside from witnessing the greatest loss, is known for its high fluctuating market price.

Coinfield Pairs Tron with 6 Fiat, Make Coin Available in 193 Countries

Launched by Central Crypto Exchange Corp in April 2018, Coinfield announced the onboarding of TRON native token TRX on its platform for trading purposes.

The announcement came after the CEO of the exchange jabbed Bitcoin SV for its trend in the market.

Coinfield noted that it would make TRX token available in 193 countries of the world, and pair it with 9 fiat currencies.

News Alert: @Tronfoundation TRX comes to CoinField 🙌@justinsuntron

🚨#TRON trading pairs will go live on Jan 26, 11 PM CET🚨

💡Available in 193 countries 🌎
💡Supported Fiat 👉 USD, EUR, GBP, CAD, JPY & AED

Happy Trading! #TRX #CryptoNews #Cryptocurrency pic.twitter.com/kcUNMuRa9U

— CoinField (@CoinFieldEX) January 15, 2020

Tags: bitcoin svBitcoin SV NewsBob RasCoinfieldCoinfield NewsTRONTron (TRX)Tron NewsTron TRX NEws
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NewsLogical Inc. is a U.S.-centric firm established in 2019 with the aim of providing resourceful and up-to-date cryptocurrency and blockchain information.

Email: info@newslogical.com

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Contents on NewsLogical.com are only for informational purposes and should not be construed as financial or investment advice.

Trading cryptocurrency is considered a high-risk activity that requires technical knowhow because digital currencies are generally volatile.

Contact financial experts for guidance before making any cryptocurrency investment decision.

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