What is Wrapped TRX (WTRX)?
Wrapped TRON (WTRX) is a TRC20 token that represents TRON (TRX) on the TRON blockchain. Launched to provide compatibility with Ethereum’s ERC20 standard, WTRX enables TRX holders to interact with DeFi applications on the Ethereum network. It represents a bridge between the TRON and Ethereum ecosystems, enhancing interoperability and access to Ethereum’s expansive DeFi ecosystem.
WTRX allows users to leverage the advantages of TRX, such as high transaction throughput and scalability, within Ethereum’s DeFi applications. This cross-chain integration exemplifies the growing trend of interoperability in the blockchain space, expanding the functionality and utility of existing blockchain assets.
WTRX allows users to leverage the advantages of TRX, such as high transaction throughput and scalability, within Ethereum’s DeFi applications. This cross-chain integration exemplifies the growing trend of interoperability in the blockchain space, expanding the functionality and utility of existing blockchain assets.
Why choose Rabbit Wallet for Wrapped TRX?
Whether you're a total crypto newbie or a seasoned pro, Rabbit Wallet's got your back for
handling your WTRX with ease. Check out some cool features that make Rabbit stand out:
Exchange Wrapped TRX (WTRX)
With the Rabbit's built-in coin swap feature, you can exchange your Wrapped TRX for
any other coin at the best rates without ever leaving the cozy confines of your
wallet.
Self-Custodial
With a self-custodial wallet, you control the keys to your Wrapped TRX, meaning that
nobody, not even Rabbit, can ever access your coins. This also leads to faster
transactions with no third-party fees except for miners and increased flexibility.
Optimal Fees
The unique fee calculation algorithms provide you with various options when
available, allowing you to choose the most optimal one to ensure your transaction is
confirmed both swiftly and cost-effectively.
User-Friendly
We've worked hard to make Rabbit Wallet user-friendly for everyone. Packed with
features, it suits users at all levels, and our developers respond directly when
help is needed.
How to use Rabbit Wallet?
Creating a new wallet takes just a few clicks, and requires no information from you.
Here is a short brief on how you can create your new wallet:
Here is a short brief on how you can create your new wallet:
Save your phrase
You will be given a phrase, which will act as a primary key to your wallet. Save it
securely.
Set your password
Password is required to both open your wallet, and to perform any transactions.
You are in!
Now you are all set to explore the crypto world! Welcome to freedom!
Friendly tip: Having your passphrase on a sticky note under a keyboard might not be the best way to
store it.