Token migration from ERC20 TRX to Mainnet TRX will occur between June 21st – June 25th(GMT+8)
$3 Billion Blockchain Tron Kicks Off Token Migration on June 22nd
The 10th most valuable cryptocurrency in the world is set to commence its token migration process on Thursday.
TRON mainnet will officially become independent on June 25, 2018 Singapore time. In light of mainnet updates and TRX migration, ERC20 services for Tron Official Website will be discontinued.
ERC20 deposit services for Tron Official Website will end on June 6, 2018 12:00 Singapore time.
ERC20 withdrawal services for Tron Official Website will end on June 22, 2018 12:00 Singapore time.
If you are unable to withdraw funds in time, you may contact TRON token holder support to submit a request for withdrawal. This support system will be available until December 31, 2018 Singapore time.
For the security of your funds, please confirm the remaining balance on your ERC20 Tron Official Website balance and withdraw funds into an exchange that supports TRX migration, where you will be able to convert to mainnet tokens.
Important News for token holders
For token holders, the swap merely means that the placeholder ERC-20 TRX tokens Tron distributed during its development phase will be switched out for native "TRON-20" TRX tokens.
Likewise, the swap means the balance of tokens in users' ethereum wallets will subsequently be transmitted to their Tron wallets.
Users who already hold their tokens on a participating exchange do not need to take any action.
From June 22 to June 25, users will be unable to withdraw their TRX from exchanges. On June 24, the exchanges will take "snapshots" of users token balances to ensure the sums transfer correctly, and on June 25, both TRX deposits and withdrawals on exchanges will be frozen. Users will still be able to trade TRX during this period.
According to Tron, the completion of the token migration on June 25 will mark the point at which the Tron mainnet will become "Fully Independent" from the ethereum blockchain.