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Tron [TRX]’s Justin Sun on Twitter – “All is going well”

Ranjitha Shastry



Tron [TRX]'s Justin Sun on Twitter- "All is going well"
Source: Pixabay

TRON mainnet was officially launched by Tron Independence Group [TIG] based on community consensus at 10:00 on June 25th [Singapore time]. The migration of TRX tokens from the ERC20 tokens to Tron’s mainnet tokens has also begun concurrently. As per the recent post by Justin Sun, exchanges that carry the migration have started the technical integration.

Justin Sun's tweet about the token migration update | Source: Twitter

Justin Sun’s tweet about the token migration update | Source: Twitter

TRX ‘s ERC20 tokens are said to remain till all ERC20 tokens are converted to TRON’s mainnet tokens. Tron Foundation mentions:

“Token holders can make the conversion at any exchange that supports TRX migration. For specific conversion time, please refer to the announcement made by the individual exchange.”

Currently, Binance and Gate are both supporting the conversion from ERC20 tokens to TRON’s mainnet token. Tron Foundation is still welcoming other exchanges to contact them in rendering constant support for the migration process. Upbit has also swapped the TRX mainnet asset at a 1:1 ratio for token holders. Upbit has re-opened the transaction of TRX deposit and withdrawal. Tron Foundation also mentions:

“TRON will provide timely updates of the list of exchanges that can provide continuous support for the migration.”

Additionally, the Super Representative Election has started and the SR candidates are asked to start the voting process. They will also have to be prepared towards their promotional campaigns which rely on the progress of the migration at the exchanges.

2ez28u, a crypto enthusiast, and a Twitter user commented:

“TRON’s mainnet was launched by TRON Independence Group based on community consensus at 10:00 on June 25, 2018 (Singapore time), and has been running smoothly ever since.”

Gino, a Twitter user commented:

“Are my tokens safe on Binance?”

Adeel Haroon, another Twitter user commented:

“Congratulations Justin. Now can you please tell is that when we can secure our Tron coins on Nano Ledger?”

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Ranjitha Shastry is a part of AMBCrypto's News Reporting Team. Having done her major in Journalism and mass communication, she is passionate about business and economic journalism.


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