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Cryptocurrency

Tron (TRX) Is Now Tradeable on Magnum Wallet

Great news for all the TRON (TRX) fans and investors. The digital currency TRX has now been made available for trading on yet another wallet called Magnum Wallet. The official announcement was made by the TRON founder, Justin Sun, through his official Twitter handle on 15th April 2019.

Magnum Wallet also reaffirmed its association with TRON through the micro-blogging platform. That means now users would easily be able to trade and manage their TRC10 as well as TRC20 tokens along with TRX coins on the Magnum Wallet’s platform.

For those who come in late, Magnum is a thoroughly decentralized and light cryptocurrency wallet that doesn’t store or access its users’ private keys. In fact, the wallet never prompts the users to provide their personal information, such as their names. It neither stores users’ IP addresses. So not only the users have complete control over their private keys, but they can also send, receive as well as exchange their crypto coins without having to share their personal data.

Interestingly, the Magnum Wallet also makes it possible for its users to gain on the missed forks and airdrops. Considering the increasing popularity of TRX, it seems this update is going to generate positive results for both TRON and the Magnum Wallet.

Besides TRX, Magnum Wallet has also been declared as an official wallet previously for a number of cryptocurrencies like ZCash, Komodo (KMD), Bitcoin Air, Peercoin, Aion, Anon, Bitcore, Bitcoin Zero, BitSend, BitCloud, BitcoinX, and MicroBitcoin. It must be noted that Magnum is considered as one among the top three wallets for Tezos baking as well.

On the other hand, TRON is definitely going stronger day by day. It was only recently that Sun had announced the availability of TRX tokens on ZB.com (ZB Global). The platform has listed the pairs of TRX/BTC, TRX/QC, and TRX/USDT for the users to carry out TRX trading.

https://twitter.com/justinsuntron/status/1117690732024713216

If that was not all, Sun has revealed yet another update making TRX tokens tradeable on BW.com. He shared the information on 16th April via his official Twitter account where he informed the users that they can now trade TRX/USDT, TRX/ETH, and TRX/BTC on BW platform as well.

https://twitter.com/justinsuntron/status/1118048985900412928

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.
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