The TRON mainnet launch is set to take place between June 21st - June 25th. The TRON Foundation has steadily recruited exchanges to support its token migration.
Presently, TRX tokens are held on the Ethereum ecosystem, as ERC20 tokens, but upon TRON's mainnet stability, the tokens will be moved to their own blockchain.
The TRON team is ensuring the token migration is as smooth and effortless for its investors by working with the exchanges currently holding TRX. If you are a holder of TRX on one of its major exchanges, no further action needs to be taken.
If you hold your TRX in a wallet, you will need to transfer your funds to an exchange before June 21st. Not all exchanges have agreed to physically handle the token migration, but most of the major ones are participating.
On May 23rd, Tron's founder, Justin Sun, tweeted about the latest exchange to support the token migration.
Many TRX holders are waiting for OKEx, Koinex, Bit-Z, and Huobi to part take in the migration.
Still, if the exchange that you use does not reach an agreement by next month, there is still the option to trade your tokens on TRON's token exchange counter.
At press time, TRX is currently trading at $0.07151 per coin, down -1.51%, in 24 hours.
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TRON [TRX] ERC20 Token Swap
Published on May 25, 2018
by Cryptoslate | Published on Coinage
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