TRX Is Being Handed Out By Huobi

The past two weeks have seen the cryptocurrency market in red for the most part but despite this, TRX has some good news. In a similar way to the rest of the market, TRX has experienced some big changes with an 8% decrease in price. TRX is currently priced at $0.013 after being down by 5 percent over the past 24 hours at the time of writing.

You might be thinking that this isn’t really good news, which is true but some of the latest updates from the cryptocurrency suggest otherwise. After it was recently listed on the China-based crypto exchange, Huobi the currency became more popular among the expanding market base. This time around, Huobi is extending its support even further.

The crypto market has various influential players, some include the exchanges and others as the digital currencies themselves. As a cryptocurrency, TRON and as an exchange platform Huobi being two of them. The eleventh biggest cryptocurrency in the world, TRX is now supported on the Huobi wallet. The announcement was made through the firm’s official Twitter account.

The Huobi Wallet

The wallet by Huobi is a product which has been designed and produced by the Huobi Group. The wallet uses several different security designs to ensure digital asset security. Its Digital Asset Management interface offers a simple, secure and handy approach to asset management. The system uses encryption techniques among many other tech patents to make data security is of the best standard.

As such, the Huobi Wallet supports around a thousand cryptocurrencies which now support TRON but in addition to this supports Ethereum, Bitcoin, Bitcoin Cash, Ethereum Classic, EOS and so on. With the wallet, users have direct access and control over their assets so they can manage their own private crypto keys.

Bounties

Huobi definitely has the strength the come up with a few surprises. In an attempt to boost the adoption of TRX, the firm is starting a bounty program to reward users who use the Huobi wallet to store their TRX tokens.

Huobi is offering 400,000 TRX to be shared among these lucky users. To clarify, the ‘bounty’ amounts to be won will all depend on the amount of the number of cryptos held by the user.

The Huobi wallet is available on both iOS and Android devices

What are your thoughts? Let us know what you think down below in the comments!