INTRODUCTION Greetings everyone! I am so glad that I am starting my Crypto Academy Courses here on steemit.com, this is my Introductory Courses Task 1 and out the three choices, I have practically transferred and traded some amount of my *STEEM* and *TRX* on *Poloniex* as instructed by the task requirement below and also answering other asked questions genuinely. This is my first trade on Poloniex and I am grateful for this wonderful [Steemit Crypto Academy Introductory Course](https://steemit.com/hive-108451/@steemitblog/steemit-crypto-academy-update-november-11th-2021-season-5-new-professors-and-rule-changes). I hope many finds this article helpful. ![Capturev t2.PNG](https://cdn.steemitimages.com/DQmT6XXRktzikE1D2G43T9odguwD1hnpBLLsdzDP2fKAUJg/Capturev%20t2.PNG) ^{source:my screenshot} >Perform a STEEM and TRX transfer(micro amount) to Poloniex exchange? What are the different markets available for TRX and STEEM to trade in Poloniex? Perform a small trade in either TRX or STEEM in Poloniex? What is the withdrawal fee if you withdraw TRX, STEEM, and TRC20 USDT in Poloniex? How cost-effective is TRC20 USDT as compared to ERC20 USDT? Make a comparison of TRC 20 USDT withdrawal fees with other major exchanges? ***Perform a STEEM and TRX transfer to Poloniex exchange*** * STEEM: Regarding this stage, I logged in to my Poloniex account and searched for my STEEM to copy my wallet address which is also called public memo to deposit as I had zero steem as shown in the screenshot below: ![Capture t3.PNG](https://cdn.steemitimages.com/DQmbVAqwKijyh9joSWoZLVx19b4jBX8XkoCVFoYPvRpHzQP/Capture%20t3.PNG) ^{source: my screenshot} I then returned to my steemit wallet to transfer my steem to poloniex. I took note of my *public memo*, because pasting or using the wrong memo will cost me losing my steem. ![Capture t4.PNG](https://cdn.steemitimages.com/DQmeo8J2a9masawFap7xpUns6PnvayoxZXJhwrug8r6yFWM/Capture%20t4.PNG) ^{source: my screenshot} ![Capture t5.PNG](https://cdn.steemitimages.com/DQmQSu5LpjC1ajKnUS9bkMnN5558iZZcSvPNdJKATX5pNbB/Capture%20t5.PNG) ^{source: my screenshot} My transfer was successful as I made sure to type/paste *poloniex* and my public memo correctly. I was debited from my steemit wallet, and after 2 minutes I refreshed my poloniex wallet and got the equal number of steem I transferred. see screenshots below: ![IMG_20211120_205705.jpg](https://cdn.steemitimages.com/DQmagmoPZh37U73d3gfGmizt57iVx3y9Dk5VZX7oYdpei6q/IMG_20211120_205705.jpg) ^{source: my screenshot} ![Capture t6.PNG](https://cdn.steemitimages.com/DQmU6beo9HKwxXmcMyoriVCsG9AhGnYVirBmV3WdPJyqbuv/Capture%20t6.PNG) ^{source: my screenshot} * TRX: Similar to the steps I followed to transfer STEEM to my poloniex with a little, I transferred TRX successfully to my poloniex trx wallet: After copying my poloniex trx wallet address, I returned to my steemit wallet to transfer to the copied address without mistake. see screenshot. ![Capture t7.PNG](https://cdn.steemitimages.com/DQmX5oKB5XhNnHSctJ2Hotvn4GkZSiXgLavQrmdFE3bSJzW/Capture%20t7.PNG) ^{source: my screenshot} ![Capture t8.PNG](https://cdn.steemitimages.com/DQmekTD3UUjpfqmpdoTqcxL6nCqDk31c1N7pRYkDGtV9EXS/Capture%20t8.PNG) ^{source: my screenshot} I made sure to paste the correct Tron Private Key in order for my transfer to be successful. Please keep your keys safe and private, I was very mindful of this to avoid lose. ![Capture t9.PNG](https://cdn.steemitimages.com/DQmWKMT43FvJbBSZNwc6W4uxCt1nVXqibzswbDARVLMFCaT/Capture%20t9.PNG) ^{source: my screenshot} I have successfully transferred *STEEM* and *TRX* to my poloniex account without stress or mistake. ![Capture t10.PNG](https://cdn.steemitimages.com/DQmVgs8eA51sg4emVAt5csBhX5365Ld6c4Kt5HEJTyG9bQq/Capture%20t10.PNG) ^{source: my screenshot} ***What are the different markets available for TRX and STEEM to trade in Poloniex?*** After searching with *poloniex search tool*, I discovered that one can trade *STEEM/USDT, STEEM/BTC, STEEM/TRX, TRX/USDT, TRX/BTC, TRX/USDC, and TRX/USDJ* on poloniex exchange. ![Capture t11.PNG](https://cdn.steemitimages.com/DQmbEJ28x5unjAU5cLHrqE98hKfJSP1BERyGHtLP6MFJyoA/Capture%20t11.PNG) ^{source: my screenshot} >***corrections:** Following the review and corrections of prof @shemul21, I carried out my research again on the available markets for STEEM and TRX on Poloniex, I found out that *there are 3 pairs just as mentioned above and **SEVERAL** pairs for TRX.* I ealier stated about 5 pairs for TRX which is NOT correct as I researched again and found many pairs for TRX on poloniex exchange;* ![Capture t22.PNG](https://cdn.steemitimages.com/DQmeD4JLzreo5r43yp3GuCjPtNnRiDd9fzKgetdQ2YGw7Wo/Capture%20t22.PNG) ^{source: my screenshot} ***Perform a small trade in either TRX or STEEM in Poloniex*** In order to perform a trade on Poloniex, a required minimun of coin, lets say TRX(100) was needed for the trade so I had to top up to the 20TRX I have and I also upgraded my level to Level 2, this was easy as I used the Poloniex mobile app for better user experience and camera capturing of my ID Card. It was successful and hence the trade. ![Capture t14.PNG](https://cdn.steemitimages.com/DQmPLgkSgx24wWmWKMLen1U2SQksmusKNj86sMzS32M6Xpw/Capture%20t14.PNG) ^{source: my screenshot} ![Capture t15.PNG](https://cdn.steemitimages.com/DQmaY69aHZuBiwqu22MqXAHXZpt8yEFA91QuSmqhSi8WUJi/Capture%20t15.PNG) ^{source: my screenshot} ***What is the withdrawal fee if you withdraw TRX, STEEM, and TRC20 USDT in Poloniex?*** I made a withdrawal of 29.77steem after the STEEM/TRX trading, and the cost to withdraw my amount of STEEM as shown in the screenshot below is 0.01STEEM. ![Capture t16.PNG](https://cdn.steemitimages.com/DQmaYn1rWLGKas9FK6pziiBxxoTrsshdsESPmUAsSMxdjB1/Capture%20t16.PNG) ^{source: my screenshot} From my screen I can read that it will cost me -0.01000000TRX to withdraw TRX. The cost for withdrawing TRX from Poloniex is very well explained in the screenshot below: ![Capture t18.PNG](https://cdn.steemitimages.com/DQmRs6D4RLvDXQKa1vW7XitBoiSeBDKzhH8tkA4GVT12yDP/Capture%20t18.PNG) ^{[poloniex trx fee schedule](https://poloniex.com/fee-schedule)} During the articulation of the task, I have 0USDT on my poloniex wallet, but clicking on the various Networks (TRC20 and ERC20) and entering a random number for withdrawal showed me a zero transaction fee. However, I shall fund usdt to my poloniex wallet and effect the various transactions to see the cost and will edit here if there is a change in the zero transaction fee. ![capture t20.png](https://cdn.steemitimages.com/DQmfNDJpRm3Z4pE51Wcn2ZTeWmeQVFuojFvngbeC2xxazTt/capture%20t20.png) ^{source: my screenshot} Comparing the difference between the withdrawal fee of the TRC20 and ERC20 network, the differences is very much. On Exchanges like *Binance*, it costs 1USDT to make a withdrawal on TRC20 network while it cost as much as 24USDT on ERC20 network. ![capture t21.png](https://cdn.steemitimages.com/DQmRH8gSpXQPYkQLGqdX8HppPCM311tNebjRH3MpEZ1zANe/capture%20t21.png) ^{source: my screenshot} Thank you for reading through to this part of my article, I hope you finds it worthful. During the practical transfer, trading and withdrawal regarding this task, I traded my 55.652TRX for STEEM And Invest my 104.9939TRX for STEEM. ![capture t19.png](https://cdn.steemitimages.com/DQmT6aUyWTWNy498QNWxJUu9KvurgSY1C4tLGpxdkhqHRVH/capture%20t19.png) ^{source: my screenshot} 55.652TRX earned = 9.63693103STEEM 104.9939TRX invested = 18.18117898STEEM Earned 2STEEM from a contest. TOTAL STEEM Powered Up on this day= 29.767STEEM I strive to work hard in order to add more to my SP. ![IMG_20211121_105419.jpg](https://cdn.steemitimages.com/DQmPwZjMyizuiySeCiH6poTCv9Y8JLgRrs3nD2tE7F6oVGE/IMG_20211121_105419.jpg) ^{source: my screenshot}