Waltonchain (WTC) is now live on ARAX

By April 30, 2019LaLa World
Waltonchain (WTC) is now live in Arax

Hello Community,

Arax Crypto Wallet is becoming a tad bit more Universal with the integration of a new coin.

You will now be able to store, send, receive and exchange WTC coins along with your other cryptocurrencies in your Arax Wallet App.

About WTC

Waltonchain is an amalgamation of blockchain with IoT (specifically RFID) to generate a supply chains management system.

Waltoncoins are the native currency of Walton ecosystem. At the time of creating the genesis block, 100 million WTC were issued and no more WTCs will be created post reaching this number. Currently, 70 million WTCs are present for supply and a little more than 40 million are in circulation. The remaining coins will be mined in the coming years.

The six core functions of WTC are:

  1. To issue sub chains
  2. Dividend interest
  3. Credit and mortgage system
  4. Distributed asset exchange
  5. Distributed voting and governance system
  6. Decentralized exchange

Some of these functions overlap with each other. In simple terms, the utilization of WTC is done as a transactional coin to complete tasks off of the parent chain. It is done through byte fee payments. The coin also facilitates association between sub-chains and reward nodes for maintenance of the network.

About Arax

At launch, Arax supported 12 cryptocurrencies across different Blockchains. Staying true to our word, we have successfully integrated 15 new coins. We now support 27 cryptocurrencies across 7 Blockchains.

At present, Arax is supporting the below-mentioned coins:

  1. Bitcoin
  2. Stellar
  3. Ripple
  4. Litecoin
  5. Ethereum
  6. LALA Token
  7. 0X
  8. Binance
  9. Basic Attention Token
  10. OmiseGo
  11. TrueUSD
  12. Tron
  13. EOS
  14. DAI
  15. Lisk
  16. Polymath
  17. ZIL
  18. AE
  19. CVC
  20. GNT
  21. REP
  22. DGD
  23. MCO
  24. KNC
  25. MITH
  26. PPT
  27. WTC

Arax also offers various in-app services including mobile bill payments & recharges via cryptocurrencies. We also offer instant cryptocurrency conversions, and remittance (to be live soon). You can also send crypto with its industry-first feature “Near By” via GPS instantly. It is a single storage app for multiple digital assets that gives each user true immutable ownership.

We are making every effort to bring the best services to our users and expand our partnerships. Follow us on our social media channels for more updates. We extend our heartfelt gratitude for your undying love and support.

Best,

Team Arax

Join Us:

Telegram– https://t.me/LaLaWorld

Twitter– https://twitter.com/mylalaworld

Website– arax.io

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