TRON and EOS both of which will be migrating from the ERC-20 mainnet to their own respective mainnet have the launch around the corner. The TRON mainnet launch is on May 31 while EOS meanwhile will be launching their mainnet on June 1.
Currently, TRX and EOS are functioning an ERC20 tokens which means you can use your Ethereum wallet address to send and receive them. Many people choose to leave their tokens on the exchanges but a safer option is to use the blockchain directly via services such as MyEtherWallet/MyCrypto, or a plugin such as Metamask, or even safer a cold wallet.
However, if you need to move your tokens from the ERC-20 system, you will need to move them to an exchange that supports the new wallets.
In a medium post MyEtherWallet has explained how to do this with emphasis on knowing what exchanges will support the changeover. Binance is highly recommended as they have already announced support and it is one of the world’s largest and most reliable exchanges;
“Binance would like to confirm that we will support the EOS MainNet Token Swap. We will handle all technical requirements involved for all users holding EOS.”
The same applies for TRON. On May 25th, TRON Foundation will be launching a virtual machine to facilitate the migration of dApps from the Ethereum network to Tron’s however this does not affect TRX holders.
You can access your Ether wallet address and load up the other tokens stored there, by using MEW or mycrypto.com in this case TRX and EOS. In the Binance find the deposit address for TRX or EOS and use that as the destination back in MEW. You will need a tiny amount of ETH to cover the cost of the transaction.
According to the Exodus Movement, which recommends registering your EOS address, all ERC20 tokens will be frozen on June 1;
“EOS Mainnet tokens are to be distributed in a 1:1 ratio to the ERC20 tokens held by registered addresses. The current ERC20 EOS tokens are simply placeholders. All tokens are said to be swapped for Mainnet EOS tokens after the launch of the Mainnet.”
There is a further clarification extended in the post which tells that EOS developer Block.One are not launching the mainnet but creating the software for block producers to create their own blockchains. This will not affect token holders though providing they have been moved to an exchange which supports the migration. EOS is a little more complicated than Tron as it is effectively down to developers to launch their own blockchains on the platform.
TRON is also rewarding its clients with several rewards if they migrate from ERC-20 to TRON’s mainnet.