Prepare for EOS and TRX Mainnet Swaps!

in ethereum •  6 months ago

EOS and TRX are for now Ethereum ERC20 tokens but both of them will go into their own networks soon.

If you are skilled you can do swap/registration yourself and if you are unskilled or lazy you can move tokens to exchanges supporting the swap for them to do it for you.

TRX at May 31th, EOS 2nd June. Keep in mind that tokens like eosDAC also have to be swapped.

TRX Markets


Here i go with Binance and Bittrex (not in top10)

EOS Markets


Binance again but you can also choose decentralized OpenLedger.

eosDAC Markets


From these i chose BiBox or you can go for OpenLedger, they have low volume but support the swap. Both of them spoke of making the swap.

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I am more bullish on Steem than any other Cryptocurrency. Especially with the latest grading system made public by china and a B+ rating given by Weiss. Nothing compare to Steem now and it is only matter of time. I only now stick on the best blockchain.

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May I suggest you will want have some diversification? No matter which blockchains we are bullish on, we simply don't know 100% which will be the long term winners. You don't want to bet on only one horse.

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Dude, that's awesome. Do you happen to an Ethereum one by any chance :D

both will moon once platforms are ready

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Fair comment, I think lots of people are still very skeptical of EOS because of the ICO, I expect the price to pump on price discovery once the main-net tokens gets listed.

I wonder how much unregistered EOS is going to be circulating once the tokens become frozen. EOS reddit is about to turn into a madhouse.

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Last I heard 44% of EOS is unregistered. I think it will still be possible to do it after the swap but you won't get any of the launch airdrops. (Don't quote me on that).

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Damn, that's a huge number! I can't understand why so many people would buy EOS and not bother reading up on how to register them.

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We sometimes forget that crypto is actually very technical, lots of folks just buy because someone told them too and hold

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That's true. I'm just a bit surprised that people would invest their money like this without even reading up on the project. They will surely regret this if they end up loosing their tokens though.

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I'm just a bit surprised that people would invest their money like this without even reading up on the project.

Are you really? ;)

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Hehe, maybe I shouldn't be surprised by the stupid things people do. It just seems to strange to me, who prefer to read the Whitepaper and lots of other info about the coins or tokens I invest into.

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Alot of investers don't know much about crypto and are just here to make a fast book by selling it on when the price goes up. I'd say even less understand proof of stake.

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That's a good point. I hope most of them sell of their tokens before the launch of the blockchain then, or else they will regret not registering them..

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Hehe, yeah, it will probably be flooded with panicking people!

I hope that holders of EOS have either registered their tokens or made arrangements to do so. EOS is my largest position and I'm looking forward to the launch.

if you are unskilled or lazy you can move tokens to exchanges supporting the swap for them to do it for you.

While that's an okay way to do it for the really lazy ones, you risk on losing out on some airdrops that snapshots the token after it freezes.

Isn’t Tron an over-hyped shit-coin?

Thank you for the heads up... I am sure a lot of people who are into EOS and TRX will find this valuable.

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
EOSEOS12.437$-0.02%-11.19%
EOSDACeosDAC0.161$-8.57%-28.61%
ETHEthereum573.260$-3.02%-20.1%
TRXTRON0.071$-3.36%-9.82%
UPUpToken0.114$-1.82%-26.14%

thanks @kingscrown for the post about EOS and TRX. this is very valuable and is a new knowledge for me. I'm waiting for your next post @kingscrown

Going to be interesting for sure for the EOS launch we have not had a launch of this size in a long while

Very useful information

Seems as if I need to get on the EOS bandwagon. Great info!!

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It's a very interesting blockchain, so I would definitely suggest that you read up a bit on it :)

Thanks for this information

If I got my eosDAC from the holding of EOS, registration of EOS address alone with be enough for both coins right?

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Just move your EOS to Binance and they will do the conversion for you!

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you better off keeping your tokens on your own wallet mate, that way you'll get all forked tokens

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For the purpose of the conversion, you can either hold them on Binance over this period or keep them in a wallet and have to figure out how to do the conversion, which is not trivial. I'm not suggesting you hold them their long term.

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The problem is that you will miss out on potential airdrops based on a snapshot of the frozen ETH tokens, and potential forks.

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Thanks for this, are there any wallets that support the swap people should know about?

quiero ser lo que sea que me ayude a salir de esta crisis...

For trading advice and to hire a iot specialist

you always great at crypto analysis. feels good have you on this platform. great content deserves resteeming.

Really fast swaps are the future of all money markets. Today the process takes too long.

Eos and tron....no chance. picked up eos between $1 and $2. Has been pumped and extremely overvalued atm.
Tron i missed cause was only on shady bs exchanges. Then the pump came for no reason, and now definately choose to pass it up completely. I Would revisit tron at 1 cent after launch. till then stuff it.

Great post @kingscrown! Upvoted you :) Keep up the good work
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