BitGuild, a platform for blockchain gaming and entertainment, will be starting its PLAT token migration from Ethereum (ETH) to TRON (TRX) on May 10.
Reminder that PLAT migration to #TRON starts in 2 days! pic.twitter.com/WR77OfmNXm
— BitGuild (@BitGuildPLAT) May 8, 2019
According to the announcement detailing the swap, PLAT holders will be able to migrate their ERC-20 tokens to the TRON network using the BitGuild Portal. Here’s what token holders need to make the transition:
- Ready access to the Private Key of your MetaMask or another Ethereum-supported browser wallet.
- GuildWallet or TronLink (most popular TRON wallets) Chrome extension installed.
From there, investors simply need to visit plat.bitguild.com and follow the instructions laid out by the BitGuild team.
This news follows the December decision by BitGuild to transfer Bitizens, a 3D, blockchain-based avatar game, from Ethereum to TRON. BitGuild stated at the time that it made the decision to move Bitizens from Ethereum due to congestion issues, long waiting times, high gas fees and poor stability. BitGuild sees TRON as the solution to these issues.
More Info: How to migrate your ERC20 PLAT to TRON
Related: BitGuild PLAT (PLAT) Revised Tokenomics
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.