There are now 3,000 Bitcoin (BTC) on the Tron blockchain

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Tron founder and CEO, Justin Sun, has shared a new milestone on the TRON blockchain in the form of the Tron network now hosting 3,000 Bitcoin in the form of BTCTRON. It is a wrapped version of Bitcoin. Sun informed the crypto community of this milestone via twitter and continued that BTCTRON now has 838 owners who have performed 8,128 transactions using the digital asset of BTCTRON.
The owners of BTCTRON have increased to about 900 and they have carried out a total of 8,831 transactions using BTCTRON.
Justin Sun tweet includes a screenshot of the TRC20 version of Bitcoin (BTC) on the Tron blockchain.
In early September, Justin Sun hinted at launching a wrapped version of Bitocin on the Tron blockchain for use in the Tron Decentralized Finance or DeFi ecosystem. His hint became a reality after a month when Poloniex announced on the 1st of October, that it was the first exchange to support Bitcoin on Tron.
Clients of Poloniex are able to opt to exchange their Bitcoin (BTC) for BTCTRON using a new swap feature on the exchange and directly from their Poloniex wallet. There are no fees charged when swapping Bitcoin to BTCTRON or BTCTRON to Bitcoin. Moreover, BTCTRON’s value is pegged to that of Bitcoin (BTC) in a 1:1 ratio.
A wrapped version of Bitcoin on the Tron blockchain enables users to transfer the value of Bitcoin (BTC) on the efficient network of Tron. This means that the TRC20 version of Bitcoin can now be used for yield farming on the growing Decentralized Finance (DeFi) platforms in the Tron ecosystem.
About Tron: Tron is a blockchain-based decentralized platform that wants to build a free, global digital content entertainment system with distributed storage technology, and enables easy and cost-effective sharing of digital content. The Tron network uses its cryptocurrency which is called Tronix (TRX).

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