With this partnership in place, $TRX holders can now spend their tokens on Shopping.io’s platform.
Shopping.io continues to cement its place as the right place for crypto holders to carry out their shopping. In a new development, the E-commerce giant has engineered a collaboration with TRON. The collaboration of TRON and Shopping.io will further add to the value of cryptocurrencies in the world.
In a joint statement released by both companies, Arbel Arif, owner and CEO of Shopping.io, said:
“We are excited to give TRON holders the ability to shop with us.”
Speaking further, he said that the successful collaboration was one of the major goals of the company for the year. This he said was in furtherance of the company’s vision of a future where cryptocurrencies enjoyed mainstream adoption. The company also perfected another partnership with the payment platform PayPal to facilitate payments.
Also speaking about the collaboration, the founder of TRON Justin Sun said that they “are thrilled to be partnering with Shopping.io to allow the community to use $TRX on major E-commerce websites like Amazon, eBay, and Etsy”. He noted that the partnership with Shopping.io provided a unique opportunity for their users to find a real-world application for their token holdings.
Currently, $TRX ranks 25th among the digital currencies according to CoinGecko. It has a market capitalization of $5,995,989,678 and was up 1.8% in the last 24hours. Founded in September 2017, the system allows content creators to transact directly with their consumers – instead of going through middlemen – by combining peer-to-peer technology and blockchain technology.
With this partnership in place, $TRX holders can now spend their tokens on Shopping.io’s platform. Through the platform, users will be able to make purchases of everyday items from their favorite merchants including Amazon, eBay, Etsy, and Walmart. To encourage the $TRX token holders, Shopping.io is offering a 2% discount on all purchases made with the token within the first two weeks from when the collaboration was announced on August 25th, 2021.
Shopping.io is touted as the bridge between crypto and E-commerce. The crypto onboarding firm remains the only platform where users can spend their tokens and digital currencies on popular E-commerce websites. The platform also has two native coins, the $SPI, and $GSPI. With these coins, you can access even more discounts when you use them to make purchases. The company has a market capitalization of $65,400,252 and a 24-hour trading volume of $2,226,244 according to CoinGecko.