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Tron [TRX] website’s ERC20 Wallet Withdrawal Service shut down; Exchanges open to token holders


Over seven months since Tron [TRX] launched its main net on June 25th last year, its website shut down its ERC20 Wallet withdrawal service yesterday. The announcement was made by the Tron Foundation on Medium, following the completion of the one-month extension the Foundation had provided its users for the same service.

Since the launch of the main net in June, Tron had given its users the option to exchange their Ethereum-based tokens, the ERC20 tokens in favor of Tron-powered ones on the main net. This effort, running since 13 July was an attempt by Tron to make token migration easier for those holding tokens. The ERC20 wallet’s withdrawal service allowed a seamless exchange of ERC20 tokens for the new Tron main net-enabled tokens.

However, a month after the end of the extension Tron had given its users to do so, the deadline is now reached and the ERC20 Wallet service is no longer available for token holders.

However, as announced by the Foundation, this does not mean that…



Read Full Story : AMBCrypto

2019-02-01 20:30:40

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