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What should TRX traders/investors do during TRON migration? Token swap between ERC20 TRX and Mainnet TRX

Tron, about $7.138 billion market capitalized cryptocurrency company has announced that its token migration from ERC20 TRX to Mainnet TRX would occur between June 21st – June 25th (GMT+8).

If your TRX is held on an exchange, no action is required. If your TRX is held in a wallet, you must deposit your TRX to an exchange before June 24, 2018 to avoid any losses. 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.

“Dear investors, TRON Mainnet is launching soon. Token migration from ERC20 TRX to Mainnet TRX will occur between June 21st – June 25th (GMT+8). If your TRX is held on an exchange, no action is required. If your TRX is held in a wallet, you must deposit your TRX to an exchange before June 24, 2018, to avoid any losses. From June 21st– 25th, TRX withdrawals on exchanges will be suspended. On June 25th, both TRX deposits and withdraws on exchanges will be suspended. Deposits and withdraws will resume on June 26th. During this period, TRX trading will not be affected. If your TRX is held in a wallet and you were not aware of the migration notice, or saw the migration notice after June 25th, please visit our permanent token-exchange counter to exchange your tokens for Mainnet TRX.”

The exchanges currently supporting the TRX token swap include: Bibox, Binance, Bitfinex, Bithumb, Bitpie, Bittrex, Bixin, Coinnest, Coinrail, Dragonex, Gate.io, Liqui, RIGHTBTC, Upbit, and Zebpay.

Many TRX holders are waiting for OKEx, Koinex, Bit-Z, and Huobi to part take in the migration.

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