IDEX: TRX Mainnet Token Swap Information (June 21st — 25th)
Dear IDEX Community,
We wanted to provide some basic information about the TRX Token Swap taking place on June 21st to the 25th.
“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.”
Will IDEX Support the TRX Token Swap?
IDEX is an Ethereum-based decentralized exchange, therefore we cannot support the token swap inside the exchange itself as TRX is no longer using the ERC-20 protocol for their tokens. However, there are a few options publicly communicated by the TRX team that will allow you to swap your tokens outside of IDEX.
Withdraw your tokens and deposit them into a centralized exchange supporting the token swap. The TRX team and those exchanges have released public statements indicating their support, and you can likely find information on the TRX website or the individual exchanges themselves. Please note that those exchanges will have control of your tokens and would be responsible for the execution of the swap.
Withdraw your tokens out of IDEX but leave them in your ERC-20 supported wallet. You will keep control of your funds, but will have to manually exchange them on TRX’s permanent token-exchange counter to exchange your tokens.
*Note: Once we have confirmation that TRX tokens are fully migrated and they will no longer be supporting the manual token swap we will be de-listing TRX from IDEX.
As always, thank you for your support of IDEX.
~The IDEX (Aurora) Team
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