News

Cryptocurrency exchange Binance supports Tron (TRX) Mainnet Token Swap and adds TRX/USDT trading pair

TRON (TRX) is an ambitious project dedicated to building the infrastructure for a truly decentralized Internet. The Tron Protocol, one of the largest blockchain based operating systems in the world, offers scalable, high-availability and high-throughput support that underlies all the decentralized applications in the TRON ecosystem. With over ten thousand transactions per second, high concurrency, low latency and massive data transmission, TRON is ideal for building decentralized entertainment applications.

Token migration from ERC20 TRX to Mainnet TRX will occur between June 21st – June 25th (GMT+8).

On June 11 a cryptocurrency exchange Binance announced support the Tron (TRX) Mainnet Token Swap. The exchange will suspend withdrawals for Tron (TRX) starting from 2018/06/24 0:00 AM (UTC). Binance will handle all technical requirements involved for all users holding TRX.

«Even after the TRX Mainnet comes online, if you choose to deposit ERC20 TRX tokens into your Binance account, we will continue to complete the token swap for you», – noted Binance.

The exchange will also open trading for TRX/USDT trading pair at 2018/06/11 11:30 AM (UTC).