Huobi Pro completes TRON mainnet upgrade
Huobi Pro has completed TRON mainnet upgrade and the deposit of the new TRON [TRX] coin is now available. According to sources, withdrawal service has been disabled. The users will be notified when the exchange enables the withdrawal service.
They launched their Mainnet on May 31, and they celebrated their Independence Day on June 25. TRON is now an outstanding independent mainnet blockchain project. It is now associating more closely and cooperating with the major exchanges and wallets. Many of the exchanges have backed TRON. Also, major exchanges have supported TRX migration and some of them has opened the deposit and withdrawal service.
On 4th July, Huobi Pro tweeted on their official Twitter, “TRON mainnet upgrade has been completed, deposit will be available from July 4, 6 PM [GMT+8]. TRON withdrawal service has been disabled, kindly stay tuned to our announcement for updates. @Tronfoundation @justinsuntron #HuobiPro $TRX.”
TRON mainnet upgrade has been completed. Deposit will be available from July 4, 6PM (GMT+8). TRON withdrawal service has been disabled, kindly stay tuned to our announcement for updates.
— Huobi Global (@HuobiGlobal) July 4, 2018
The exchange announced the launch of the new TRX Mainnet. According to the sources, the withdrawal of the old coin has been unavailable on Huobi Pro from 21:00, July 3rd [GMT+8] and the deposit of new TRX coins will be available from 18:00, July 4th [GMT+8].
TRON’s founder Justin Sun tweeted:
— Justin Sun (@justinsuntron) July 4, 2018
Soon after the mainnet launch, TRX was supported by more than 50 digital money trades and exchanges that include Zebpay, Bittrex, and Upbit.
In addition to this, Some major exchanges have completed the mainnet upgrade and resumed TRX deposit and withdrawal – Bitforex www.bitforex.com, Cobo www.cobo.com, Coinfalcon coinfalcon.com, Gate.io www.gateio.io, OKEx www.okex.com, Upbit upbit.com.
The foundation launched two recent updates including BitForex trades for TRX deposits and the second one concerned with speed of the platforms network. In the recent past, all TRX tokens of BitForex had finished the main network migration.
Despite all the positive launches and efforts, TRON’s price is plunging. TRX had a tough time to go up the ladder despite its successful MainNet launch, followed by token migration and migration. All TRON supporters and crypto enthusiasts were expecting a rise in the price of TRX post the mainnet launch but nothing astonishing happened. April was a bullish month for TRX — the price increased by 260%. Since then it just went down until recently, the cryptocurrency saw a positive spike on June 18, which brought the TRX price up from $0.041 USD to $0.051 USD. Currently, TRX is trading at $0.0352 with a market cap of $2.59 B.
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