Good day once again to everyone, my name is oluwatimileyin and I welcome you to the season 8 of the engagement challenge.
I welcome you to my participation in the week 3 Engagement contest with the title: “Steem and TRX Integration".
First of all, what does an integration mean? Integration means coming together of two platform to come up with something unique, so let's look at what Steem and Trx is.
The Steem blockchain is the foundation of Steemit, i.e where the platform was built, Steemit a social media platform that reward users the creation of top-notch content.
On the other hand, TRX serves as the main cryptocurrency of the TRON blockchain, which is designed for the usage of decentralized applications and perform low-cost transactions
The integration of Steem and TRX Is an opportunity that allows users on Steemit to earn and withdraw TRX as a reward and this will be in an addition to the normal Steem rewards.
- What are the purposes of this Integration?
The integration of Steem and TRX token has several purposes
First, the integration expand as a multiple reward options for users who posts on Steemit, and this allows them to earn both Steem and TRX tokens for their contribution to the platform.
This integration also opens up several opportunities for traders as it allows then to participate in the Tron blockchain through Steemit.
The ratio of TRX tokens on our payouts has always change over time.
At first, the ratio was set at 1:1 when I joined the platform in 2021, meaning that as at the , users do always receive one TRX token for every Steem token earned from their reward.
But fortunately, this ratio has since reduces, and it currently stands at 1:0.5, meaning that users will receive 0.5 TRX tokens for every Steem token earned.
Additionally, as it stands now, the TRX rewards depends on your settings for payout, for example, a 💯 power up will earn 1:0.5 , while a 50/50 payout will earn 1:0.25, so this all depends on the users choice to earn more TRX or more Steem.
To claim, go to your Steemit wallets and claim ur outstanding rewards or you could claim them from your notifications bar as well.
- Go to your wallet tab, and claim by redeeming your rewards.
- Way to Withdraw the TRX rewards from Steemit Wallet?
To withdraw the TRX rewards, I will need to use another wallet for receiving the TRX from the Steemit account.
Step 1. Go to my Roqqu app and select the Tron coin, then I will click receive.
Step 2 . I will then click on the option that says TRC 20, then it will bring the address for me, which I then copy, and I will have to paste it to my Steemit wallet.
Step 3. After doing that, I will go the TRX bar, and choose transfer, which from the transfer page, is where I will copy the address I saved from the page before, then send from there.
Step 4.After putting the address and have already click next, It will bring me to the page to confirm my transaction where I will put my Tron key, and click transfer to complete the withdrawal.
The best external wallet to use is the Tronlink application which can be downloaded from playstore and Apple store.
Step 1. You have to link the Steemit wallet and the external wallet by doing this , after you have downloaded the Tronlink application, you click on import wallet.
Step 2. After you have agreed to import wallet, you will copy your private keys from the PDF you opened the account with, and paste in this address.
Step 3. Now that you have put the address, you now have to set a password and click import private key, then your account is all set and ready to work.
I have not personally faced any issues with claiming or withdrawing my TRX rewards from my account, the only thing that might happen is that sometimes when I claim rewards from the Steemit wallet, the TRX might take weeks before it can reflects in my wallet, other than that, everything is working fine for me
The Benefits of this Integration is that , it adds more value to Steemit platforms, and it allow users to earn more reward in the Tron blockchain.
Here is where I pen down my entry, therefore I would use this moment to invite @yakspeace, @Lhorgic, and @jueco to participate in this contest.
@negro-bby greetings
You tried to explain the tipic vertical well, introducing tron and its integration you made it clear for users and in simple words more convenient for readers to understand.
Although few points were not detailed and understandable for newcomers, then you told us how the tron may withdrawal and how wallet can be connected with external wallet.
In short you try to explain it very well. I appreciate yoir efforts yo share valuable knowledge with us.
Best wishes
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We support quality posts anywhere and any tags.
Curated by : @fantvwiki
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Hi,
I hope you are fine. Just came across your post and found it really interesting.
You have shared with us what you think about Steem and TRX integration and how it is beneficial for us.
You have talked about the payout ratio of TRX and Steem that was before 1:1 but now if we do 100% powerup then it is 0.5:1 TRX:STEEM.
You have also mentioned about claiming and withdrawal of TRX coins.
Overall, you have answered all questions just you need little more explanation (just a tip). I wish you best of luck for the contest. Thank you :)
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Thank you for the feedback, I understand that it takes a step by step to fully have a knowledge of a task, I am surely trying my best and will improve In the one.
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Stay Blessed :)
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hello dear,
Thanks for sharing your beautiful presentation. You said very nicely about steem and tron You shared how we were given sp amount of tron after the merger of steam and tron But since the new project of steem and tron we are being given tron again with half of sp Also how to withdraw tron to another exchange site, and how to add tron wallet to an external wallet. He also shared that he had problems with Tron being awarded Share how to connect with tronlink pro wallet Also shared a lot about Steam and Tron You have added a lot and taught a lot in your post Thank you so much for sharing such a beautiful contest with us. Wishing you success from afar. Best wishes to you.
best retards @shohel44
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This is a very informative article you have written buddy. Your explanations on how to use the Roqqu external wallet to receive TRX token from one’s steemit wallet is a very precisely and well written steps. Good luck
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Thank you , I am sure you could be familiar with roqqu as well, it's really a popular exchange in Nigeria.
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Not that familiar with it😞
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This is a very informative article you have blessed us with amigo. Your explanations on how to use the Roqqu external wallet were on point and of big help to those who are yet to use this external wallet. Good luck friend, thanks for sharing.
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Thank you also my Amigo, Goodluck to you too.
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Greetings dear friend, you have made a very straightforward entry with regards to the topic under consideration. You showed practical ways as to how one can claim his/her tron reward, you have also showed a step by step procedure on how to link our steemit TRX wallet to an external wallet. In all, your explanation are quite clear. I wish you success in the challenge.
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Hello brother @negro-bby,
You are absolutely right that this integration allows Steemit users to earn TRX tokens on their post payments with the STEEM, SP and SBD rewards.
Your explanation on TRX rewards was good, but you could explain it in more detail. You also told us how we can claim our TRX rewards, and your way of connecting the Steemit wallet to an external wallet is amazing.
I appreciate the effort you put into making this post, but some parts in this post is weak, I hope next time you will make an excellent post. Thanks for sharing. I wish success for you.
Regards,
@malikusman1
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Hello friend
You wrote well do you still need little more effort to become a perfect content creator, just like me I am still trying to add effort probably one day we will all be perfect.
Yea Trx is the native asset for the Tron Blockchain, just as steem is steemit is steem official native coin, indeed Tron is in of the best coin because it has really been very cheap to run transactions with.
Thanks for sharing please comment on my post
https://steemit.com/hive-108451/@starrchris/steemit-crypto-academy-contest-s8w3-steem-and-trx-integration
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Hi dear friend,
You clearly describe the purpose and benefits of Steem and Tron blockchain integration. You have briefly share the history of tron and Steem integration as it was the benefits of users for getting extra rewards after sharing their content on steemit. They will rewarded with Steem, Steem power, SBD and TRX. But it needs little bit more explanation just an advice don't mind.
Then you clearly share the ratio of Steem power and TRX after post payout in past and present ratio too. I like your post point that you clearly share the ratio of TRX which users will get after setting 50% /50 % payout and 100% power up of post payout. As you share we will twice Trx with setting 100% power up than 50%/ 50% post payout.
You have easily explain the steps of claiming Steemit rewards through steemit wallet also share the withdrawal method of TRX to other Cryptocurrency applications, wallets. I like you step by step explanation of linking external wallet to steemit.
You have explained all the questions but require a little bit more deep research and description. Thank you for sharing your participation. Best of luck. Please also visit my participation and share your views.
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