BitGo announces the addition of Tron's TRX into its services
The payment company BitGo has announced in a social media post the integration of Tron's TRX into its services. Now all BitGo clients will be able to use TRX through BitGo with this new feature.
According to representatives of the company, the decision to add TRX was made in connection with the growing demand for the asset.
“We worked with the TRON development team to develop their first institutional multi-currency wallet,” said Benedict Chan, technical director of BitGo.
He believes the partnership will bring potential adoption by institutional investors. This will increase not only the adoption of the Tron project’s native token TRX but also its value.
Tron has been performing well recently, TRX/USD is up 2.31% today and recently broke a long term trendline to the upside. The level now to beat is 0.017573 as if it gets taken out it will make the first higher low higher high in around four months on the daily chart.
Author
Rajan Dhall, MSTA
FX Daily
Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.
