Tronix (TRX), the crypto of Tron network
Jun 07, 2023
Launched in 2018, TRX, or Tronix, serves as a payment method for the Tron blockchain. The Tron network was founded to offer better resources for who wants to create or develop decentralized app...
More about TRX, the crypto of Tron blockchain
TRX and Tron: what is the difference?
Tron is the name of the blockchain on which the Tronix cryptocurrency, or TRX, is based. The Tron project was developed to be an alternative to the Ethereum network, offering faster transactions while charging cheaper fees. In the Tron network, it is also possible to stake TRX, that is, commiting your assets to ensure liquidity and increase the security of the network by receiving TRX as a reward.
What is the price/value of TRX crypto?
As of June 2022, the price of a unit of TRX was approximately 0.07 USD, subject to market variations. There is no limited maximum supply of TRX and new units of the cryptocurrency can be issued.
What are the future prospects for TRX?
TRX is a cryptocurrency linked to the Tron network. Therefore, in addition to the usual variations of the crypto market, their appreciation (or depreciation) depends on the future of the Tron network project. In 2021, Tron took an important step towards decentralization. As it became a DAO, the asset and platform management started being operated by the user community itself.
Where to buy and sell TRX?
It is possible to purchase TRX directly on the Tron network or on exchanges such as Bitso. At Bitso, you can purchase TRX on our website or app. Just register on our platform, make an initial deposit of 5 USD and convert to TRX. Enjoy and check other cryptoassets we offer. If you have any questions, our team of experts is here to help with whatever you need.