TronWallet’s Latest Version Allows Bitcoin/ USDT Swap

TronWallet’s Latest Version Allows Bitcoin/ USDT Swap

TronWallet, a peer-to-peer digital wallet, has launched the latest version of an app that allows users to swap Bitcoin (BTC) for Tether (USDT).

The latest version will be available on Apple Store and Google Play Store.

The solution will include a variety of attractive features, such as swap of BTC/USDT, low exchange rate and low swap prices.

Additionally, the new interface will have a feature called VIP Tier Feature that would help users decrease swap fees.

Thus, the upgrade will add to the popularity of TRONWallet.

The company stated that the upgrade was developed by TRONWallet’s professional team as well as Getty / IO. The move aims to ease the burden on consumers by widening the range of options for users who exchange coins and tokens on the network.

Through TronWallet mobile app, consumers can easily exchange BTC to USDT and vice versa.

USDT/TRON swaps carried out in seconds

The USDT that eligible for exchanging is USDT-TRON, which currently has a market cap of $598 million. The USDT-TRON swaps are carried out for free within 3 seconds.

Ironically, the swap feature will play an important role in resolving the uncertainty issue for customers.

Meanwhile, TWX token owners will be able to use the VIP Tier product, which would allow them to reduce their swap fees by almost 25%.

In addition, the relationship between TWX token and swap fees is going to be indirect. This means that customers with more TWX tokens will pay lower swap fees.

Last month, TronWallet announced that it will add Ethereum to its network soon, especially after its earlier announcement to add Bitcoin has received an overwhelming response from the crypto community.

Earlier, Cryptolydian reported that Tether Treasury has completed the burning of 102 million USDT.

The issuance of USDT is very common in the crypto market. The USDT, the world’s ninth largest cryptocurrency, has been linked to Bitcoin (BTC), with an accuracy rate of 70%. 

However, the market’s reaction to this significant event is still unclear.

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Rabea Maguid 551 Articles
Rabea Maguid is a journalist completely obsessed with crypto industry. He holds B.A. from Al-Azhar University, and has a background in journalism and economics. Rabea Maguid likes to think about the future in a positive way, and sees blockchain as a potential driver of deep societal change.