Tron [TRX] Independence Looming: TronWallet & Support from 27 Exchanges


With just a few days left for the Tron’s independence and token migration about 27 of exchanges have come to support this swap involving big names like Binance, Huobi, OKEx and others. Recently, TronWallet DApp was also introduced that plans to be the world’s most secure wallet for Tron. Also, TRX price got green.

Crypto exchanges increasingly support Tron token swap

There are only 11 days left before Tron gets independent on June 24 and migrates to its own blockchain. With the latest developments, looks like things are moving pretty fast.

This independence also means the swap of TRX tokens which has got a lot of support from the exchanges. The new tally of the crypto exchanges that are supporting the migration of Tron tokens has reached 27.

This list includes some of the big exchanges like Binance, OKEx, Huobi, Upbit, Bitfinex, Bittrex and LBank among others along with the recently hacked Coinrail.

Recently, Tron Foundation also shared an official blog that introduces the TronWallet DApp which is an open source crypto wallet for Tron and that will apparently never ask for your secrets keys.

This has the Tron community really appreciate Tron’s ongoing efforts as a Tron fan Euxinus‏ Tweeted:

“NOBODY CAN STOP TRON”, another Tron enthusiast commented, “Awesome! I’ve been looking forward to a #Tron main net wallet.”

The aim of this wallet is to “create a fast, reliable and secure way to sign contracts and transactions on the blockchain, while also offering an outstanding user experience.”

Also, read: Justin Sun’s Big Plans for Tron [TRX] Cryptocurrency

TronWallet DApp, TRX price feeling the greens

With the mission to “empower users of TRON Network to securely sign smart contracts and transactions without ever asking for their secrets keys” this wallet plans to become the world’s most secure crypto wallet for Tron.

Dio Ianakiara, the Founder and CEO at Getty/IO Inc. further shares that this is where the “users can securely interact and unleash the full power of TRON Network.”

Talking about its various features, it comprises of MFA — 2 Factor Authentication, TronVault, number of widgets like bandwidth, user balances, frozen tokens, transactions, TRX price and receive etc., list tokens, create tokens and official new from Justin Sun twitter among others.

The wallet will further support “multi-factor authentication and encryption of data-at-rest and in-transit” and uses AWS Cognito for user authentication and federation.

For creating an account process, TronWallet doesn’t ask for secret keys rather the accounts are managed offline by TronVault.

Available for both Android and iOS, TronValut is a cold wallet mobile app that allows the restoration of accounts by 12 seed words and vault number.

Tron price

Tron keeps on making new development and after a deep red market, Tron is seeing the green again as it sits on $0.043 with a rise of about 1.83 percent in the past 24 hours. It is also up in the green against BTC and ETH.

With a market cap of $2.8 billion, Tron has been managing the 24 hour trading of about $280 million. Ranked at 10th as per Coinmarketcap, Tron Price has been on a constant dip since early this week at $0.0599 but from yesterday the prices have started rising from $0.039.

What are your views on TronWallet and the rising support from the exchange for upcoming token swap? Share your thoughts with us!

What are your views on TronWallet and the rising support from the exchange for upcoming token swap? Share your thoughts with us!

The post Tron [TRX] Independence Looming: TronWallet & Support from 27 Exchanges appeared first on Coingape.

Written by Anjali Tyagi @ June 14, 2018 Anjali Tyagi

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