TRON (TRX) is Now Supported on the Trust Wallet Backed by Binance

TRON (TRX) is Now Supported on the Trust Wallet Backed by Binance

In an announcement on the 26th of October, the team at Trust Wallet informed the crypto community that they had added support for the Tron (TRX) blockchain. All users of the wallet can now access and store TRX on the multi-coin wallet that is available on iOS and Android.

As the wallet evolves with time, it currently supports the following digital assets:

  • Support for Ethereum (ETH), GoChain (GO), POA Network (POA), Callisto (CLO), Ethereum Classic (ETC), Wanchain (WAN) and VeChain (VET), and TRON (TRX).
  • All ERC20, ERC223 and ERC721 tokens.
  • Planned support for Bitcoin (BTC), Litecoin (LTC), and Bitcoin Cash (BCC) by end of the year

The addition of Tron (TRX) is a step in the right direction for both the Tron and Trust Wallet projects. TRX is one of the most popular digital assets with its blockchain having over half a million accounts at the moment of writing this. In terms of daily transactions, the Tron blockchain has exceeded those of Bitcoin, Ethereum and XRP on an individual basis.

Backed By Binance

The cryptocurrency exchange of Binance acquired the Trust wallet back in July this year to provide better service and to enhance the safety for all users of the exchange. In the announcement about the acquisition, the team also added the following plans of its use it with the future Decentralized Exchange by Binance:

The acquisition of Trust Wallet will add an on-chain mobile wallet to the list of Binance services with other future integration possibilities. The Trust Wallet brand and team will retain the autonomy and freedom to develop the core product while benefiting from the increased synergy from Binance, including the broad user base and the upcoming DEX.

What are your thoughts on the Trust Wallet adding support for the Tron Blockchain? Please let us know in the comment section below. 

[Image courtesy of medium.com/@trustwallet]

Disclaimer: This article is not meant to give financial advice. Any opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

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