Connect with us


Tron [TRX] announces that it will jump on the Satowallet bandwagon, another arrow in their quiver

Akash Anand



Tron [TRX] announces that it will jump on the Satowallet bandwagon, another arrow in their quiver
Source: Pixabay

On 27th August, the Tron Foundation announced on their official Twitter handle that they would like to initiate a partnership with Satowallet. This partnership, which was just revealed, will add another boost to the Tron behemoth and the imminent launch of the Tron Virtual  Machine [TVM] scheduled to go live on 30th August.

Tron Foundation's tweet | Source: Twitter

Tron Foundation’s tweet | Source: Twitter

Tron’s announcement came in the form of a retweet of Samuel Benedict’s tweet teasing users of a Tron collaboration with Satowallet. Samuel Benedict is the CEO of Satowallet.The wallet was in the news for announcing their partnership with Changelly.

Satowallet’s latest update would allow instant swap between several blockchain assets supported by Changelly Application Programming Interface [API]. The company has also stated that users can make use of the Changelly exchange directly from the Satowallet App.

The Changelly partnership was met with a few comments on its Twitter page with, Decrypted, a Twitter user stating:

“I still didn’t receive any response from the support about total missing of Bitcoins from my Satowallet. Why the trades were cancelled many hours after completion? I have negative bitcoin balance !! how is that even possible ??”

Coincidentally just a month back, Tron was listed on the Changelly exchange. Justin Sun, The Founder, and CEO of Tron had stated:

“#TRON #TRX is available now for $USD at @Changelly_team Instant Exchange. Users can use the credit card to purchase $TRX directly through it.”

Currently, Changelly is one of the most popular cryptocurrency exchanges in the cryptosphere which provides trading opportunities for users in the ecosystem.

Konstantin Gladych, CEO, and Co-Founder of Changelly, said:

“We are thrilled to partner with the top-10 cryptocurrency. TRON is a fascinating project that provides the infrastructure for the future of the internet. And the Changelly team is very proud to be part of that.”

Tron’s surprise announcement follows in the heels of the organization releasing its own wallet just a few weeks back. The company has stated that the main aim of the TronWallet is to make transactions and operations more seamless for the users. The wallet was developed by the Tron Foundation in collaboration with Getty/IO, a software company.

Subscribe to AMBCrypto’s Newsletter