Guide to Independence: TRX Token Migration
The TRON Foundation’s Token Migration is right around the corner! We would like to remind everyone of some important dates, processes and information that will be helpful during this transition. To ensure that everyone is informed, we have outlined some useful information below.
Currently, the tokens TRX supporters hold are ERC20 tokens, that were created on the Ethereum network.
These tokens played a pivotal role in the early days of TRON, but as we move to our independent mainnet, these tokens will no longer be compatible with our platform.
We will be migrating from the ERC20 to the TRON20 standard, a native coin for the Tron Mainnet. Tron holders will be able to swap their ERC20 TRX for the TRON20 at any of the participating exchanges.
This will be a 1:1 swap, which will not impact any TRON supporter’s balance. What you put on the exchange for the migration is what you will have after it is completed.
Each exchange will offer their own timelines as to when they will no longer accept deposits for the June 24th token swap, so be sure to check with your appropriate exchange on the deadline for TRX token deposits.
To ensure your tokens are on the exchange in time for the migration, we recommend you move them as soon as possible.
If you are not able to get your tokens onto an exchange before the June 24th migration, Binance will offer an ongoing coin swap for TRX tokens. At any time, just transfer your ERC20 TRON tokens to Binance and they will complete the process. As of now, Binance is the only exchange that is offering this service to TRON holders.
Here are the exchanges and wallets supporting the token migration:
Binance www.binance.com ✅ Migration completed
Bitfinex www.bitfinex.com ✅ Migration completed
Bitforex www.bitforex.com ✅ Migration completed
Bitpie www.bitpie.com ✅ Migration completed
Bittrex www.bittrex.com ✅ Migration completed
Bit-Z www.bit-z.com ✅ Migration completed
BJEX www.bjex.com ✅ Migration completed
Cobo www.cobo.com ✅ Migration completed
CoinEgg www.coinegg.com ✅ Migration completed
Coinfalcon coinfalcon.com ✅ Migration completed
Coinnest www.coinnest.co.kr ✅ Migration completed
Cryptopia www.cryptopia.co.nz ✅ Migration completed
Gate.io www.gateio.io ✅ Migration completed
HitBTC www.hitbtc.com ✅ Migration completed
Huobi www.huobi.pro ✅ Migration completed
Koinex www.koinex.in ✅ Migration completed
Liqui www.liqui.io ✅ Migration completed
Livecoin www.livecoin.net ✅ Migration completed
Max Exchange www.max.maicoin.com ✅ Migration completed
OKEx www.okex.com ✅ Migration completed
OTCBTC www.otcbtc.com ✅ Migration completed
OVIS www.ovis.com.tr ✅ Migration completed
Quoine www.liquid.plus ✅ Migration completed
RIGHTBTC www.rightbtc.com ✅ Migration completed
Tokenomy www.tokenomy.com ✅ Migration completed
Upbit www.upbit.com ✅ Migration completed
Once the token swap is completed, you may keep your new TRX on the exchange, move them to the TRON Wallet, or to any device you are using to store your tokens.
Please remember that in order to vote in the TRON Super Representative Elections, you must move your new TRX to the TRON Wallet and use them as TRON Power to vote. You can learn how to create a wallet on our Explorer here.
Here is a tutorial to learn how to vote on our Explorer.
Please note that once the swap has completed, your Tron coins will no longer be ERC20 compatible. If you try to move them to an ERC20 wallet, you may lose your TRON coins. They must stay on the exchange or be moved to a TRON20 compatible wallet.
If you are unable to withdraw funds in time, you may contact the TRON token holder support to submit a request for withdrawal. This support system will be available until December 31, 2018 Singapore time.
Please contact us for any question related to the token migration: firstname.lastname@example.org
The token migration will be the final step that ushers in Tron’s Independence Day. We look forward to all the Tron supporters taking part in this process of swapping out their tokens for new TRX mainnet coins. Tron appreciates the assistance by all the exchanges that have offered to support the token migration and give Tron holders a reliable source for moving to the new TRX standard coin.
Q: What happens if I don’t move my tokens by June 24 00:00 AM GMT+8?
A: Binance will offer ongoing coin swap for those that do not get their tokens on the exchange in time.
Q: Can I move my ERC20 TRX tokens to Tron Wallet?
A: The Tron Wallet is compatible with TRX mainnet coins that have been swapped by the exchanges.
Q: Can I still trade my TRX tokens while they are frozen on the exchanges?
A: Token withdrawals and deposits will be frozen so that a snapshot of balance can be done. This will not affect TRX trading.
Q: Can I store my new TRX coins on cold storages like Nano Ledger?
A: Newly migrated Tron coins are only compatible with TRON20 wallets. If you do not want to leave them on the exchange, you can move them to one of the official Tron Wallets.