The TRON (TRX) network has successfully completed its long-anticipated mainnet upgrade, marking a pivotal milestone in its transition from an ERC-20 token on Ethereum to a fully independent blockchain. As a result, TRON deposits and withdrawals have officially resumed on major cryptocurrency exchanges, including OKX, following the successful swap and synchronization with the new mainnet.
This upgrade represents more than just a technical shift—it's a foundational step toward greater scalability, faster transactions, and increased decentralization for the TRON ecosystem. For users, understanding the implications of this change is crucial to safeguarding their assets and ensuring smooth operations across supported platforms.
Mainnet Swap Completed: What Changed?
On June 20, TRON executed its mainnet swap, automatically migrating all ERC-20-based TRX tokens to the new TRON blockchain. This process was seamless for most users holding TRX on exchanges or compatible wallets, but it came with one critical requirement: new deposit addresses.
As confirmed by OKX in an official statement:
“The mainnet swap of TRON is complete and the deposit and withdrawal services have been resumed as normal. Thank you for your understanding. Note: OKX will generate new TRX deposit addresses after the mainnet swap. Please use the new address instead of the old one to prevent any asset loss.”
This means that any funds sent to previous TRX deposit addresses—those tied to the Ethereum network—are now irretrievable. Users must always verify they’re using the updated, blockchain-native TRX address when making deposits.
👉 Generate secure, updated TRX deposit addresses now and ensure your funds are protected.
Exchanges That Have Resumed TRX Services
Following the mainnet stabilization, several leading digital asset platforms have re-enabled TRON deposits and withdrawals. These include:
- Bitforex
- Cobo Wallet
- Coinfalcon
- Gate.io
- OKX
- Upbit
These platforms completed rigorous testing and integration processes to ensure full compatibility with the new TRON blockchain, prioritizing user security and transaction reliability.
For traders and long-term holders alike, this restoration of functionality means renewed access to liquidity, staking opportunities, and participation in decentralized applications (dApps) built on the TRON network.
Why Hasn’t Binance Resumed TRX Withdrawals?
While most exchanges acted swiftly, Binance has yet to reinstate TRX withdrawal capabilities. In a public response shared via Reddit, Binance explained the delay, citing both timing and security concerns.
“Binance has much stricter security requirements than other exchanges and rigorously conducts tests until we deem the chains to be in stable and secure states.”
The exchange also highlighted the complexity of managing multiple concurrent mainnet swaps during late June, as several high-profile projects launched their independent blockchains around the same time.
Additionally, Binance emphasized its significant custodial responsibility:
“Speaking of TRON, Binance is responsible for ~19 billion TRX (1/5 of total supply), thus that’s why we have to be 100% sure that everything will go well.”
Given that Binance holds approximately 20% of all circulating TRX tokens, even minor technical issues could have widespread consequences. Their cautious approach reflects a commitment to platform integrity over speed—a stance that may frustrate some users but aligns with long-term risk management principles.
It’s worth noting that Binance is currently undergoing scheduled system maintenance, during which trading, withdrawals, and certain account functions remain temporarily suspended.
👉 Stay ahead of exchange updates and manage your TRX securely with real-time alerts.
Core Keywords and User Search Intent
To better serve users searching for information about TRON’s status post-upgrade, this article integrates key phrases aligned with common search queries:
- TRON mainnet upgrade
- TRX deposit address
- OKX TRX withdrawal
- Binance TRX delay
- TRON blockchain migration
- ERC-20 to TRC-10 swap
- TRX wallet compatibility
- Cryptocurrency exchange maintenance
These terms reflect high-intent searches from users seeking clarity on transaction availability, address changes, and platform-specific policies after major network upgrades.
Frequently Asked Questions (FAQ)
✅ When did the TRON mainnet upgrade complete?
The TRON mainnet swap was finalized on June 20, 2025. All eligible ERC-20 TRX tokens were automatically converted to native TRC-10 tokens on the independent TRON blockchain.
❌ Can I still send TRX to old deposit addresses?
No. Old Ethereum-based (ERC-20) deposit addresses are no longer valid. Any funds sent to these addresses will be permanently lost. Always use the new native TRX address provided by your exchange or wallet.
🔐 Is my TRX safe if I’m using OKX?
Yes. OKX has successfully completed the migration and generated new deposit addresses for all users. As long as you use the updated address format (starting with ‘T’), your funds are secure.
⏳ Why is Binance taking longer than other exchanges?
Binance cites two primary reasons: their stricter security protocols and the fact that they hold a large portion (~19 billion) of the total TRX supply. They are conducting extensive tests to ensure absolute stability before resuming withdrawals.
🔄 What should I do if I accidentally sent TRX to an old address?
Unfortunately, there is no recovery mechanism for transfers made to deprecated addresses. This underscores the importance of double-checking deposit addresses after major network upgrades.
📱 Which wallets support the new TRON blockchain?
Most major wallets—including Cobo, Trust Wallet, TronLink, and MathWallet—support the native TRON blockchain (TRC-10/20). Always confirm wallet compatibility before transferring large amounts.
👉 Access a trusted platform that supports seamless TRON transactions and real-time network monitoring.
Final Thoughts: Navigating Post-Mainnet Changes
The completion of the TRON mainnet upgrade signals a new era for one of the most active smart contract platforms in the crypto space. With faster transaction speeds, lower fees, and growing dApp adoption, TRON is positioning itself as a scalable alternative to Ethereum for decentralized finance (DeFi) and entertainment applications.
However, such transitions require vigilance. The discontinuation of old deposit addresses serves as a reminder that blockchain evolution demands user awareness. Whether you're trading, staking, or simply storing TRX, always verify network compatibility and follow official exchange guidelines.
As more platforms finalize their integration—and Binance eventually resumes withdrawals—the ecosystem will achieve full operational continuity. Until then, staying informed is your best defense against avoidable mistakes.
By prioritizing security, transparency, and user education, exchanges like OKX are setting strong precedents for handling future blockchain migrations. For investors and developers alike, this upgrade isn’t just technical—it’s transformative.