TRON Foundation’s TRC20-ETH (ETHTRON) had been making waves since the start of the year and most exchanges or cryptocurrency wallets had been adding ETHTRON on their platforms.
This February, another crypto wallet company joins them as Math Wallet now supports ETHTRON withdrawals and deposits.
What is Math Wallet?
MATH has closed $12 Million B Round financing, led by @BinanceLabs, it will boost MathWallet’s future innovation in DeFi and blockchain space and serve the community in a better way. @Binance @BinanceChain https://t.co/iEWOG8u1S5 pic.twitter.com/ajeWjpWu2G
— MathWallet (@MathWallet) December 17, 2020
Math Wallet is a multi-platform universal cryptocurrency wallet that enables token storage of 60 plus blockchains including BTC, ETH, Polkadot, Filecoin, Solana, BinanceChain, just to name a few and it supports cross-chain token exchange, multi-chain dApp store and operates nodes for POS chain.
Math Wallet is available for both iOS and Android users, they also have a web browser extension, a cloud-based web wallet and supports hardware wallets such as Ledger and Wookong Bio.
The crypto wallet company was founded in 2017 and the previous year, Math Global Foundation, the Singapore-based foundation behind the development of MathWallet, completed a $12m Series B funding round from Binance Labs.
Asides from their multi-platform wallet, they also had MATH staking, a VPoS Pool that rewards users for their mining, the MATH Swap for instant and secure cryptocurrency exchange and lastly, their very own MATH token which can be used to redeem Math Wallet products.
What is ETHTRON?
(1/2)🚀@defi_just launched #BTCTRON & #ETHTRON, furthering growth for #JUST ecosystem.#BTCTRON is available on 20+ exchanges including @Poloniex, @Kucoin, @MXC_Exchange etc., 20+ wallets including not but limited to @TrustWalletApp, @imTokenOfficial, @mathwallet. pic.twitter.com/i8NxImXsRN
— Justin Sun🌞 (@justinsuntron) December 16, 2020
ETHTRON (Ethereum on TRON) is a TRC20 token based on TRON which injects the Ethereum’s value into the TRON network. The TRC20-ETH token was launched last year by Justin Sun as a way to bring Ethereum into the TRON blockchain which made it more reliable and efficient.
Compared to Ethereum, ETHTRON under the TRON blockchain has lower transaction fees which made more users switching to ETHTRON.
What is next for ETHTRON?
— TRON Foundation (@Tronfoundation) February 2, 2021
TRON had been sailing smoothly with their ETHTRON, we believe that there would be more cryptocurrency wallet companies and exchanges to support ETHTRON on their platforms.
With Math Wallet supporting ETHTRON are you seeing more cryptocurrency wallet companies follow? Only one thing for sure, that there are no signs of slowing down for the ETHTRON this year.
For more news and updates, see Tron Spark.