Today, Justin Sun, the Founder of the TRON Foundation, tweeted about the support from CoinEx and Coinoah that they will receive for their blockchain upgrade and token migration.
Justin Sun tweeted:
“#TRX $TRX @coinexcom will support #TRON blockchain upgrade and token migration.”
CoinEx is a ‘global and professional digital coin exchange service provider’ which aims towards making the platform highly secure, efficient and stable. In addition to supporting multiple languages, it provides services in about 100 countries across the world.
Coinoah is also a trading platform available globally, which is operated by the best professional teams from Singapore, South Korea, Japan, Thailand, and Hong Kong.
According to TRON’s official blog post:
“It is reported, TRON will launch virtual machine on May 25 (UTC+8), mainnet on May 31, token migration on June 21 and the first 27 super representative elections on June 26. With this date approaching, today, Coinoah announced that it would support the TRON blockchain upgrade and token migration.”
It further stated:
“Investors only need to deposit TRX’s ERC-20 tokens to Coinoah before later June in 2018 (UTC+8) and will receive the equivalent TRX token after mainnet launch.”
The same is valid for CoinEx, too. The blog also stated that, during the migration, the transactions will remain unaffected.
Other popular exchanges such as Binance, Bithumb, Trade Satoshi, Bitfinex, Bittrex, Coinegg, Coinrail, OTCBTC, and Zebpay have also come forward in support of the migration scheduled on June 24th.
According to CoinMarketCap, in the past 24 hours, TRON [TRX] is the only double-digit gainer this week. At the time of writing, TRON [TRX], currently at the 10 position on the crypto-charts, is trading at $0.04 with a market cap of $3.2 billion.
Cryptomist, a crypto enthusiast tweeted:
“As a wise DJ Khaled once said… Another one.”
Adam Samaeli, another Twitter user commented:
“The bulls are coming.”
anayzeal, another crypto enthusiast tweeted:
“What abt hitbtc.. My tokens aee there”
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Binance Coin surges by 9% in 24-hours after DEX announcement; breaks out of ‘saucer bottom’ pattern
Binance Coin [BNB] is nothing short of becoming the best performing crypto asset of 2019, as it creates higher highs every day. In a recent surge, BNB went up by approximately 12% in 24-hours breaking out of the ‘saucer bottom’ pattern.
BNB has been on a bull run since December 2018, it has surged by approximately 470% since that point. In the last 24-hours, the price was up by approximately 12% from wick-to-wick.
Moreover, the rise in the price over the day can be attributed to the announcement by Binance DEX, that was launched recently. The tweet read:
.@Binance Chain launches its mainnet and plans to execute Mainnet Swap on Apr 23, 2019.
— Binance DEX (@Binance_DEX) April 18, 2019
The new update will convert the BNB, which is an ERC20token, into BEP2, it will be called the “mainnet swap”. Furthermore, users have to convert their ERC20 tokens on Binance, the details of which will be released in the near future.
In addition, Mithril, a cryptocurrency project has announced that it will be the first project to migrate to the Binance Chain. It tweeted:
“$MITH token holders on the new @Binance_DEX will be the first to experience increased speed, security, and user friendliness while maintaining full control over their funds.”
A Twitter user, @carlitosblvd123, commented:
“So , all BNB we have now like erc20 in binance exchange and on trust wallet will be converted to bep2 automatically or we have to do anything to happen?”
@jigneshon, another Twitter user commented:
“Crypto Revolution will happen on 23rd April when Binance Chain Genesis block will be created. 🔥”
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