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TronWallet Embeds New Swap Mechanism for Exchanging Coins

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Sat, 02/08/2020 - 18:08
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  • TronWallet spreads the word about its new feature – a Swap tool that enables its holders to seamlessly change their Bitcoin, TRX and coins based on Tron

Cover image via 123rf.com

TronWallet has implemented a new tool for exchanging tokens, called Swap. From now on, TronWallet users can easily change their Bitcoin, TRX and TRX-backed coins. 

They do not have to rush to crypto exchanges to do that from now on – the new Swap tool will help them perform any token exchange.

In January this year, users became paying more attention to this new tool and its usage for exchanging coins spiked, since the new feature saves time. Swap volumes on TronWallet have grown tremendously over last month.

Besides, the new feature is helping TronWallet’s base grow – by now, there are almost 180,000 downloads of the wallet globally.

At the moment, TronWallet is embedding mechanisms for supporting Ethereum and ETH-based tokens.

 

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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  • Mike Novogratz is convinced that when central banks make money grow on trees, then it's time to buy Bitcoin

Cover image via www.bloomberg.com
Contents

When central banks make money grow on trees, Mike Novogratz, the CEO of Galaxy Digital, has one message for his followers - buy Bitcoin (BTC). 

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Yes, money does grow on trees   

'Money doesn't grow on trees' is a popular expression that parents constantly hammer into the heads of their children. It means that money is a limited resource and encourages people to put in a significant effort in order to obtain it. 

However, this fable apparently doesn't apply to the U.S. Federal Reserve and the Bank of England, who unleashed unlimited liquidity to save the ailing global economy from the coronavirus-driven fallout. 

As absurd as it sounds, fiat money does grow on trees in 2020 (at least for central banks). 

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2020 could be Bitcoin's year 

Against this backdrop of incessant money printing, Bitcoin, a disinflationary currency whose total supply is strictly limited to 21 mln, has never seemed more attractive. Novogratz described it as the strongest bull case for the benchmark cryptocurrency. 

Even though crypto failed to perform as a safe haven during the coronavirus-driven sell-off, the Wall Street bull recently opined that 2020 could end up being another big year for Bitcoin.     

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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