{"id":55142,"date":"2018-05-24T00:16:16","date_gmt":"2018-05-24T07:16:16","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=55142"},"modified":"2019-11-07T02:31:28","modified_gmt":"2019-11-07T02:31:28","slug":"dragonex-exchange-will-support-trx-token-migration-on-june-21st","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/dragonex-exchange-will-support-trx-token-migration-on-june-21st\/","title":{"rendered":"DragonEx Exchange Will Support TRON&#8217;s TRX Token Migration on June 21st"},"content":{"rendered":"<p>The decentralized entertainment content sharing platform led by Justin Sun will be migrating TRX ERC-20 tokens to <a href=\"http:\/\/cryptoslate.com\/coins\/tron\">TRON's<\/a> mainnet on June 21st, 2018. On Wednesday, Justin Sun announced that <a href=\"https:\/\/medium.com\/@Tronfoundation\/dragonex-will-support-tron-blockchain-upgrade-and-token-migration-a1cd91fd406f\">DragonEx<\/a> will be supporting the token migration, alongside Binance, Bittrex, and Bitfinex.<\/p>\n<p>Those who wish to migrate their tokens with DragonEx\u00a0must deposit their ERC-20 TRX tokens to the DragonEx exchange before June 20, 2018, 23:59 (UTC+8). On June 26th, DragonEx will issue the equivalent\u00a0amount of TRON mainnet tokens to those who deposited their TRX ERC-20 tokens before the June 21st deadline.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/TRX?src=hash&ref_src=twsrc%5Etfw\">#TRX<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24TRX&src=ctag&ref_src=twsrc%5Etfw\">$TRX<\/a> <a href=\"https:\/\/twitter.com\/Dragonex_io?ref_src=twsrc%5Etfw\">@Dragonex_io<\/a> will support <a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&ref_src=twsrc%5Etfw\">#TRON<\/a> blockchain upgrade and token migration.? <a href=\"https:\/\/t.co\/oa7cg1wDDA\">https:\/\/t.co\/oa7cg1wDDA<\/a><\/p>\n<p>&mdash; Justin Sun (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/999301776703610880?ref_src=twsrc%5Etfw\">May 23, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>DragonEx Cryptocurrency Exchange<\/h2>\n<p>DragonEx is a Singapore-based cryptocurrency exchange \u2013 on May 15th they launched an English version of their site to expand their user base.<\/p>\n<p>TRON's price has continued to rise in anticipation of the mainnet launch and even with the recent market downturn, it is still up 1.21% over the past week.<\/p>\n<p>In January 2018, TRX increased significantly seemingly out of nowhere, trading from $0.03 to $0.29 in just over one week \u2013 afterward, the market quickly corrected itself and TRX plummetted back down to $0.03.\u00a0This time around, however, TRX has steadily worked its way back up to its current value of $0.07.<\/p>\n<figure id=\"attachment_55268\" aria-describedby=\"caption-attachment-55268\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-55268 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/tron-chart-1024x665.jpg\" alt=\"\" width=\"1024\" height=\"665\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/tron-chart-1024x665.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/tron-chart-300x195.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/tron-chart-768x499.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/tron-chart.jpg 1539w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-55268\" class=\"wp-caption-text\">TRON is trading on $615 million in volume over the past 24 hours.<\/figcaption><\/figure>\n<p>The mainnet launch may possibly have an effect on short-term price movement. Long-term price action will be dependent on the project's overall progress moving forward. Despite the bear market, TRX seems to be doing well.<\/p>\n<p>Named Odyssey 2.0, the mainnet will be officially launched on May 31st. The <a href=\"https:\/\/medium.com\/@Tronfoundation\/letter-to-tron-community-on-progress-of-tron-mainnet-and-ecosystem-966e0b7d5dc1\">announcement<\/a> highlighted numerous advancements that will improve the network, giving TRON the edge it needs to compete with Ethereum.<\/p>\n<p>According to the announcement, Odyssey 2.0 will:<\/p>\n<ul>\n<li>Provide highly available and asynchronous snapshot and reply functionalities<\/li>\n<li>Optimize dozens of core parameters through binary exponential backoff algorithms<\/li>\n<li>Distribute resources throughout the blockchain<\/li>\n<\/ul>\n<p>TRON is preparing for the genesis block of the mainnet launch on June 25 \u2013 for more information regarding TRON and the future of the project, check out our <a href=\"https:\/\/cryptoslate.com\/tron-prepares-for-mainnet-launch-and-competition-with-ethereum\/\">TRON guide<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decentralized entertainment content sharing platform led by Justin Sun will be migrating TRX ERC-20 tokens to TRON&#8217;s mainnet on June 21st, 2018. On Wednesday, Justin Sun announced that DragonEx will be supporting the token migration, alongside Binance, Bittrex, and Bitfinex. Those who wish to migrate their tokens with DragonEx\u00a0must deposit their ERC-20 TRX tokens [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":55265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DragonEx Exchange Will Support TRON&#039;s TRX Token Migration on June 21st<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/dragonex-exchange-will-support-trx-token-migration-on-june-21st\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DragonEx Exchange Will Support TRON&#039;s TRX Token Migration on June 21st\" \/>\n<meta property=\"og:description\" content=\"The decentralized entertainment content sharing platform led by Justin Sun will be migrating TRX ERC-20 tokens to TRON&#039;s mainnet on June 21st, 2018. On Wednesday, Justin Sun announced that DragonEx will be supporting the token migration, alongside Binance, Bittrex, and Bitfinex. Those who wish to migrate their tokens with DragonEx\u00a0must deposit their ERC-20 TRX tokens [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/dragonex-exchange-will-support-trx-token-migration-on-june-21st\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-24T07:16:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-07T02:31:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/tron-dragonex-social.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jacob Tuwiner\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"DragonEx Exchange Will Support TRON&#039;s TRX Token Migration on June 21st\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/tron-dragonex-social.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jacob Tuwiner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/dragonex-exchange-will-support-trx-token-migration-on-june-21st\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/dragonex-exchange-will-support-trx-token-migration-on-june-21st\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/jacob-tuwiner\/#person\",\"name\":\"Jacob Tuwiner\",\"url\":\"https:\/\/cryptoslate.com\/author\/jacob-tuwiner\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/jacob-tuwiner\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/jacob-tuwiner\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/01\/author-jacob-tuwiner.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/01\/author-jacob-tuwiner.jpg\",\"caption\":\"Jacob Tuwiner\"},\"description\":\"Jacob is an avid computer enthusiast interested in the crypto space and PC gaming hardware. 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