OKEx, a well-established cryptocurrency exchange, has addressed its users concerning the TRX MainNet Swap. In particular, the exchange suggested that the swap will begin in the second half of June 2018.
Based on the claims made on the OKEx website, the exchange will take care of “all technical requirements involved in completing the registration of your TRX tokens on our platform.” Similarly, Justin Sun sent out a tweet to confirm the support provided by OKEx today. As for trading TRX, users will neither be able to deposit nor withdraw their holding during the swap. This is mainly because of the changes that will be made to the addresses.
Services are believed to restart around May 31st, 2018, which is right after the TRX MainNet Launch. Getting back to the addresses, OKEx will be taking the necessary measures to create new TRX deposit address after the token swap. Users will have to use the new addresses to continue their trading, otherwise there will be a high chance that one’s holdings will go lost.
In addition to the remarks made by OKEx, users need to note the “Risk Warning” emphasized as it stresses the importance of understanding the risks associated with the swap, using the wrong addresses, and if needed seeking professional help.
As for TRX’s future plans, right after the MainNet launch, a Super Representatives election will be taking place June 26th, 2018. Based on Sun’s Twitter announcement, here is the list of candidates:
- AntPool, Cryptoguyinza, GSC, FreeSpace, Bitcoin Gold, GIFTO, com, Node Capital, AlphacoinFund, Next Genius, LINKVX, READ, Infinity Stones, 34rth, OCN, BitcoinWorld, DAC, CryptoDiva, ChainDD, DAG, MDT, OK Blockchain Capital, BEECOOL, RightBTC, Hyperpay, Cobo, Skypeople, Zhu Yuanyuan, Tron Europe, Sesameseed, Genesis, Lianjinshu and Treamtronics
While many traders view TRX as a ‘shitcoin’, there are several others who are strongly supporting the project and are appreciating the success and steps that are in store for the future. Will Tron continue to excel within the cryptoworld?