Bitso Adds Support for Tron Network and USDT Transactions
Bitso, the Latin America-focused crypto exchange, has announced the addition of support for the Tron network and USDT transactions. This move eliminates the need for customers to use Ethereum as an intermediary for Tether transactions, resulting in faster and more cost-effective transactions.
Key Points:
- Bitso’s integration with the Tron network allows individual and institutional clients to make deposits and withdrawals more efficiently.
- Using Tron as a network for USDT transactions offers the possibility of protecting assets from inflationary changes or unstable economic contexts.
- Tether, the most popular stablecoin, holds 69.2% of the total stablecoin supply, valued at $84.1 billion.
- The Tron network is known for its speed and efficiency, enabling USDT transactions to be confirmed in seconds.
- With this integration, Bitso clients can take full advantage of market opportunities while enjoying significantly lower transaction fees.
Bitso’s Andrés Salcedo expressed his excitement about the integration, highlighting the speed and efficiency of the Tron network and the benefits it brings to clients.
Hot Take:
This integration between Bitso, Tron network, and USDT transactions is a significant development for crypto users. By leveraging the Tron network, Bitso provides its clients with a more efficient and cost-effective way to manage their funds and take advantage of market opportunities. This move showcases the continuous improvement and innovation within the crypto industry, aiming to enhance the overall user experience.
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