Steemit Crypto Academy Contest / S8W3 - Steem and TRX Integration by @drhira
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Hello, energetic and genius community members of #steemitcryptoacademy hope you are doing great, i am also good. I am feeling very excited while taking part in third week of engagement challenge. TRX integration helped me alot therefore i am here to share my participantion. |
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I will try best to answer the all questions in a simplified form so that every steemian can understand about the Steem and TRX integration.
What do you know about Steem and TRX Integration? What are its purposes? |
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Blockchain developed the remarkable feature of steem and TRX integration. Steemit is best decentralized platform till now, as it theme is amazing to give the rewards to users in terms of good work, reward may be in either sp, SBD or steem. While the in Feb, 2020 this decentralized system introduced a unique TRX system and it was enormous changed in steemit blockchain system.
The theme of TRX integration played a significant role on steemit blockchain system it increase the reward system for steemit users and it leads to gave users more motivation for producing high quality content. In the same way it proven useful for blockchain network and increased its integration for users.
With the rewards system, of TRX i am feeling very happy as i have no need to worry for my daily needs i can easily withdrawal TRX and its sufficient for me to fulfill my basic needs although its rate may vary according to steem price. Still it attracted many new commers and motivated older for better working because everyone wanted better reward to grow generously in steemit blockchain system.
As keys are given during account creation so withdrew and account making is comparatively easy for users. These are all benefits of Trx which i mentioned above and may helpful for every steemian who is working on steemit and now more with better reward system.
What is the ratio of TRX tokens on our payouts? Also, give the history of this ratio (how it changed time by time) |
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The payout system, is very simple and balanced as
1 SP = 1 TRX
So its quite amazing how much a user is getting sp same amount of trx are also given by blockchain.
So in more simple form amount of sp and TRX are equally received to steemit users.
10 SP= 10 TRX
Now next question is who can get more benefits of TRX.
Of course, the users with club100 may get its benefits more as compared to club75 and club5050, as club 100 users through setting post payout may definitely got double amount of TRX in wallet. It based on payout set system of post if we set it 50% sp then automatically we we get same amount of TRX. Strategy of reward system may change with time to time in steemit reward system.
Although few amendment has been done in Oct, 2022 under the steem and TRX integration, which has changed the reward system for post payout.
Through this integration updates the reward system in amount of TRX has been decreased to half, now it may as follows;
1Sp = 0.5TRX
For example, in post i get 6 sp reward on my post i will get 3 TRX.
Similarly, changes has been observed for reward of curattion, it was equall as sp but after new amendment now curation reward is also reduces to half amount.
What are the ways to claim and withdraw the TRX rewards from Steemit Wallet? |
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The process of Claim for TRX is very convenient for steemit users, it can be processed as follows.
Step 1
I clicked on the wallet as it can be see in picture i highlight it with red arrow.
Step 2
Now, we have to click on Redeem Rewards as i highlight it with red color, just on clicking the reward may be claimed and goes to wallet.
Some ways to withdraw TRX |
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Here i will explain few methods which are generally used for withdrawal of TRX into wallet. Like wallets, crypto exchange and P2P etc.
Wallet |
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First, simple method for TRX withdrawal is connected of Steemit wallet with Tronlink, through this linking TRX can easily be withdrawn without any difficulties. This process is easy to process and anyone can effectively used it without having extra knowledge and expertise.
Crypto exchange method |
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This method of withdrawal is also reliable and may effectively utilized by steemit users. It based on binance system, this crypto exchange method is also easy to process and there is no extra time required for its withdrawal. By the use of TRX address from the binance we can simply withdrawn Trx from steemit wallet.
P2P method |
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This method is also reliable and easy to process for everyone as it allowed us to transfer trx from one person's wallet to other users without any problem. In simple words we can send our TRX from wallet to other person wallet.
Give a complete guideline on the best way to link an external wallet with the Steemit Wallat to claim TRX tokens. |
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The steemit wallet can be linked to external wallet source. Here i would like to explain how i can connet my steemit wallet to tronlink wallet by these simple steps.
Procedure
As i wanted to link my steem wallet with the Tronlink, for this i have to click on tronlink in my mobile as i have shown in the picture. After this i click on the icon of import wallet for enabling of linking my steemit wallet with the tronlink wallet.
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I will use the Tron private key for creation of name and password, i will paste the private key in given box and then click for next, here i have set my name and password for linking purpose. It can be done easily with the help of tron private key.
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Through these simple step i connected my steemit wallet with tronlink wallet, so its very easy how with few steps we can attach steemit wallet with external link wallet system.
Have you faced any problem regarding TRX rewards? Also give your feedback on the benefits of this Integration method. |
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Yeah, sometimes the TRX rewards are not received into redeem i was very curious to find the reason why it happened. Then my friends helped me and told me there is issued in upgradtion system, soon you will receive it. Then thank God after few months it again redeem in my steemit wallet and i was very happy to know this, steemit team solved this issue in short span of time as everyone was curious and find the reason for delayed. Steemit team is always there to help their users in case of any difficulties we faced.
If i discuss its benefits definitely i am very happy with it as its an extra rewards to my efforts which i served in producing quality content, its human nature he always fascinated towards goid rewards. These extra reward helped me out in many financial issue which i faced now a days due to inflation.
So, in simple i can say integration system proved very effective for steemit users as it urges more people to be active on steemit and their increasing number is visible in different communities, it helps in increasing the more better growth of steemit and encouraged more new users to this blockchain system with every passing day.
With proper understand it attracts me to join the higher club system like i am working on club5050 but this fascinating reward system, motivated me to join club75 and 100 in near future as i wanted to increase my sp and built my wallet strength too. This extra reward will help me out and i can powr up my 100 % earnings for strengthening my wallet.
This is all about my today's engagement post about steem and TRX integration, before i end it i would like to invite my dear friends @lhorgic, @tahispadron and @mariami to take part in this wonderful contest.
I have tried to explain the given topic upto my best knowledge, i am waiting for your feedback ad its my motivation to write much better content |
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Thank you, friend!
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Hola @drhira
Fue un gusto leerte, te deseo mucho éxito en el concurso.
Gracias por la invitación.
Saludos.
Hello Dear,
You shared a lot about steem and trx. The steem & tron instigation integration has allowed steem & tron users to learn and gain a lot You have shared all these information that 1 trx was given for 1 steem power after the merger of steem and tron Also you have shown linking an external wallet to the tron wallet Also you have shared how we can claim tron You are very beautiful steem and tron instigation shared Good luck with your entry Good luck to you.
Best regards @shohel44
Hi dear,
You have shared a great participation. I am to glad to see your participation. You have clearly describe the purpose and benefits of integration between Steem and Tron blockchain. Which is beneficiary for both social media platforms as they are best platforms for sharing content and get rewards.
You have clearly show the steps of connecting your steemit wallet to any external wallet like Tronlink pro application and the steps of redeeming your rewards on steemit within just 2 steps.
I think everyone face the issue is not receiving Trx in their wallets and they were more worried because most of the club100 users will only withdrawing Trx to earn. But thanks to steemit team that they resolve this matter as soon as possible.
Thank you for sharing your great participation. Best of luck to you. Wish you success for your participation.
An amazing entry from you my friend. Its great to see your entry in this wonderful topic for the week. You have a good knowledge of the steem and TRX integration and you have also gone ahead to share practical approach as to how you can claim your TRX reward and also how to connect your wallet to an external wallet. Sincerely, you have presented an amazing entry here. I wish you success in the challenge my friend.
Hi Doctor Hira sahib,
Sabsy pehly mje ye dekh kar bht zyada khushi huii ha k apny b SCA k contest me hisa lia ha, Pakistanio ki taraqi dekh kar dil khush hota ha, Allah ham sabko kamyab kary.
Apny Steem or Tron ki integration par kafi achi research ki ha or ham sabko ek malumati post fram ki ha. Apny ratio k bary me bht achy or detail tareeqy se bataya ha.
Apny Steemit wallet ko Tronlink pro wallet se bht kamyab tareeqy se jora ha. Me apki is bat se b itfaq karta hun k Is integration ki waja logo ko higher clubs join karny me kafi madad milti ha. Or yehi waja ha k me club100 me hun 😁.
Ek kafi malumati post, Isi tarah agy barty raho, Allah ham sabko kamyab kary.
Regards,
@malikusman1
Thank you for reading my post, dua and achi khwaishat k lye shukriya ye pehli try the insha Allah agy behtri aye gi
Friend, I like your explanation it is very easy to understand. You have a deep understanding about TRX and Steem integration. I think the integration of TRX is really helping us. I wish you good luck.
Greetings @drhira, I hope you are fine.
Your content is among those which I like most. You have explained really well what is your view on Steem and TRX integration and how it is beneficial for Steemians.
You have also mentioned about the ratio of TRX rewards in payouts. Yes it was 1:1 ratio in start but now it is reduced to 0.5:1 ratio and I think it will reduce more in future. I hope it will not happen and if it happens I wish that SBD starts printing with it.
Then you have explained the steps on how one can claim TRX tokens in Steemit wallet and how he/she can withdraw TRX from Steemit wallet to other wallets or exchanges.
You have also beautifully explained how one can attach external wallet with Steemit wallet in order to claim TRX directly to their external wallet.
All in all, you have presented quality content with us with all questions answered properly and to the point. I appreciate that you put great efforts in research and content creation.
I wish you success in this and all other contests. Thank You :)