Freewallet is one of the first companies to fully support the TRON coin — the official currency of TRON, a decentralized entertainment content sharing platform that will eventually leverage blockchain and peer-to-peer network technology. TRON wallet by Freewallet on Android can be topped up with almost any cryptocurrency. The Crypto Wallet app manages multiple coins and enables users to cross-exchange them in one place. We will automatically swap your ERC-20 TRX tokens for the new TRX.
Silly question – what is TRON?
TRON (TRX) is the official currency of TRON, a decentralized entertainment content sharing platform that will eventually leverage blockchain and peer-to-peer network technology. TRON’s open, decentralized platform and distributed storage technology will allow creators of digital content to cut out middlemen such as the Apple Store and Google Play Store. Content producers will thus be able to obtain funds directly from consumers.
So, what’s up with it?
On June 25th, TRON’s team launched its mainnet. It means that the company has launched its own proprietary blockchain, to which it migrated all the TRX (ERC-20) tokens that previously circulated on the Ethereum blockchain. This event is referred to as the TRON Independence Day.
Got it. What do I have to do to exchange old TRX to new TRX?
Nothing! Unlike other TRON holders, our users don’t have to deposit their ERC-20 TRX to exchange to swap them for the new TRX. All Freewallet users that have any TRX(ERC-20) in their Token Wallet on July 23rd will have their tokens automatically swapped for the new TRX, accessible via TRON Wallet and Crypto Wallet with zero effect on the balance.
Zero effect? You mean you exchange it one-to-one?
Exactly! This swap will not affect your balance. For every TRX(ERC-20) you previously held in you account, you will receive exactly as many new TRX. Just check your Crypto Wallet balance right now or download TRON wallet!