BitGo is pleased to announce Tron Gas Tank availability, a new feature designed to simplify and streamline the process of consolidating TRX tokens across multiple addresses.
This update allows users to automate the funding of receive addresses with native TRX, significantly improving the experience for those managing TRX-based assets.
The Problem: Time-Consuming and Manual Balance Consolidation
Previously, users had to manually track TRX balances on each address or use APIs to identify and fund those requiring consolidation fees. This was not only time-intensive but often prone to errors, impacting the ability to maintain optimal liquidity and driving up support requests.
The Solution: Automating TRX Allocation
The Tron Gas Tank automates the process, seamlessly allocating native TRX to addresses that receive token deposits. With a threshold of 36 TRX maintained per address, BitGo ensures that each receive address has the funds necessary to consolidate TRX tokens smoothly.
This automation saves time, reduces errors, and enhances the user experience for those holding TRX tokens, such as USDT and USDC, on the BitGo platform.
Key Benefits of the Tron Gas Tank
With the Tron Gas Tank, any BitGo wallet on the Tron network with a token balance will receive automatic TRX funding, ensuring that consolidation fees are covered. This automation reduces the need for clients to manually track and fund each address, saving time and minimizing errors.
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Automated TRX Funding: As soon as a token is deposited to a BitGo Tron address, BitGo checks the TRX balance and, if needed, funds the address from the Gas Tank.
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Simplified Operations: Eliminate the time-intensive task of managing multiple addresses by setting a recommended Gas Tank balance.
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Improved User Experience: Our system automatically ensures the necessary TRX is available to complete consolidations, allowing clients to focus on their core operations.
For more technical details and setup instructions, check out our Developer Portal.
Why Now? Increased TRX and Stablecoin Adoption
With the rise in TRX-based stablecoins and increased user adoption on the Tron network, the need for a more efficient consolidation solution became clear. Today, TRX-based assets command a significant share of the market, and we want our clients to manage these assets as efficiently as possible.
How to Get Started
Using the Tron Gas Tank is simple. Once your Gas Tank is funded with native TRX, BitGo will handle the rest. No more manual funding or delays—just a smoother, faster process for managing your TRX-based assets.
Have Questions?
If you have any inquiries or need assistance, don't hesitate to reach out by emailing support@bitgo.com.
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