Steemit Crypto Academy Contest / S8W3 - Steem and TRX Integration

_{Hello every amazing steemian!.. I hope everyone is doing okay!?, I kindly welcome you to the season 8 of the engagement challenge for the third week (week 3), and right now I will like to be participating in this week's challenge which entails us to throw a discussion on "Steem and Tron Integration.", See below my opinion..!,}

---

INTRODUCTION

The Steem and Tron integration is a clear atmosphere that tend to payout to every user of the Steemit platform. Behind the Steem and tron rewards received upon every created quality content, there are still more deeper knowledge to be explored. Please I will require your attention, let's learn together.

---

---

_{WHAT DO YOU KNOW ABOUT STEEM AND TRX INTEGRATION? WHAT ARE ITS PURPOSES?}

Generally, we ought to have understand that Steemit is a based social media platform that function through the use of blockchain technology thereby making it a decentralized social media platform, Evey user just need to create a quality plaigrarized free content on the platform and then get rewarded which then paid out in SP, STEEM, and TRX cryptocurrencies.

TRX integration is the included extra rewards steemians users earn to support them. It was initiated in 2018 when Justin sun made the decision of the steem blockchain, TRX is a native coin that is built on the TRON blockchain, which is a rewarding opportunity to steemian users for their quality content.

The Purpose of TRX Integration:

One of the major purpose TRX Integration servers on the Steemit platform is to give more rewards to users on the Steemit platform, And Secondly, I can state that it helps the TRON network to grow in its liquidity thereby adapting more tron and as the TRX become more exposed to people the cryptocurrency will enhance more growth to the TRON network. This integration in question might likely serve as a purpose of an Airdrop to both steemit users and a newly built

_{WHAT IS THE RATIO OF TRX TOKENS ON OUR PAYOUTS? ALSO, GIVE THE HISTORY OF THIS ratio (how it changed time by time)}

Talking about the ratio of TRX tokens on payouts, it has been prevalent for years now. On which this ratio depends on how the user set his/her payout.

Looking at the market conditions, we can still phantom on how this payout varies even as of date, the ratio of TRX to Steem is about 0.5 TRX which is equivalent to 1 SP, this condition totally differs from users who are on 100% power up, and have set 50/50 payout.

Thereabout two years to three years ago, the ratio of STEEM to TRX was about 2:1, which means that users as at then receive get to receive twice of TRX than their SP on every of their payout, it has fallen due to market changes and some basic factors, and this has continued to depreciate overtime, presently, 50% SBD / 50% SP will receive payout of 0.25TRX to 1 SP, meanwhile the Power Up 100% receives will receive thereabout 0.5 TRX to 1 SP. It adjustment was announced in the steemitblog development.

_{WHAT ARE THE WAYS TO CLAIM AND WITHDRAW THE TRX REWARDS FROM STEEMIT WALLET?}

To be able to claim the TRX reward, it's quite simple just as the same way you claim your steem tokens. See below the steps;

Step 1 :
Go to your steemit wallet and then sign -in using your private Active key.

Step 2 :
After you've logged into your wallet account, you will see a rectangular box which will require you to click on "Redeem Rewards" and then the TRX will reflect on the user's wallet.

Inorder to withdraw the TRX rewards from Steemit Wallet?

To withdraw from the steemit wallet is quite understandable too see below;

Firstly:
Go to your TRX balance, click on the 'transfer' button.

Secondly:
It will bring out a page. All you have to do is to click on ' Switch To Tron Account.' Then In the first box Space provided, you only have to put in the receiving TRX address, the amount of tron you wish to transfer then click on 'Next'.

Thirdly:
After clickiok on the next page. You will be required to input your tron private key to process the transaction.

_{This is all the steps involved in withdrawing the TRX reward from your steemit wallets.}

---

---

_{GIVE A COMPLETE GUIDELINE ON THE BEST WAY TO LINK AN EXTERNAL WALLET WITH THE STEEMIT WALLET TO CLAIM TRX TOKENS.}

There are various wallets which can be used to in linking the Steemit wallet for claiming of TRX, one of which I will be using today is the trust wallet. See below the steps.

In the first step:
I first downloaded the application by going to my google play store.

In the second step:
I proceeded with opening up the application, then click on create a new wallet.

In the third step:
It brought out a page requiring me to choose how I backup my wallet. Either manually or to Google drive. I saved for manual.

In fourth step:
It needs my permission to claim the losts are at my cost as I admit to save it manually. Then click on continue.

In the fifth step:
Now, my secret phrase or key is shown requiring me to copy it down and save. Then click on continue to verify I have save them then I click on done.

In the sixth step:
It created me a wallet, all I have to do is to add a trx token by clicking on add token. Search for TRX and add it

In the seventh step:
I clicked on the TRX and copy the address to receive some tron from my Steemit account.

In the eighth step:
I already made a transfer of some Steem to the account. And it is.

---

_{HAVE YOU FACED ANY PROBLEMS REGARDING TRX REWARDS? ALSO, GIVE YOUR FEEDBACK ON THE BENEFITS OF THIS INTEGRATION.}

I have faced several challenges regarding the TRX rewards whereby it gets to show in my tron balance at a later hour. It fluctuates around thereby enabling other users get before am the others although claiming same time. This are some issued faced with cryptocurrencies at times which could be as a result of delays providing to Network stability.

My Feedback on The Benefits of TRX Integration

On the Benefit of this integration, it gives users the more scenerio to receive rewards. With that Steemit have been able to present more earrings using the TRX.

This integration benefits the TRX network, thereby providing them with more publicity, more adoption of TRX and also more liquidity. The integration also give users the power to claim their earnings, as they receive it in TRX including Steem and Steem power.

Conclusion

Am delighted to have let you know all about steem and tron Integration. And ii believe you all grabbed something from this write up. It's good that TRX is back to Steemit Platform again thereby enabling us to earn on more token. I appreciate the steemit team if this community for the contest. It's really an eye opener.

---

I invite @noraandy @wirngo and @chukwu10 to join the challenge before it elapses.
THANK YOU ALL FOR READING!!..

---

Cc:
@crypto-academy