What kind of currency is TRX coin? Introduction to the official website, circulation and trading platform of TRX coin

Tron's native cryptocurrency, TRX, powers the blockchain-based entertainment content sharing and creation network.

Oct 11, 2024 at 02:06 pm

What is TRX Coin?

1. Overview

Tron (TRX) is a blockchain-based operating system that aims to host a decentralized network for entertainment content sharing and creation. TRX is the native cryptocurrency of the Tron network, used for transactions, rewards, and governance.

2. Official Website

[Tron Foundation](https://tron.network/)

3. Circulation

As of August 2023, there are approximately 92 billion TRX coins in circulation. The maximum supply is 100 billion TRX.

4. Trading Platforms

TRX is listed on numerous cryptocurrency exchanges, including:

Binance
Huobi
OKX
Coinbase
Crypto.com

5. Use Cases

Content creation and distribution: TRX is used to incentivize content creators and reward users for sharing and engaging with content.
Decentralized applications (dApps): TRX powers dApps built on the Tron network, such as games, gambling platforms, and decentralized exchanges.
Governance: TRX holders can participate in governance decisions within the Tron network, proposing and voting on changes to the ecosystem.

6. Future Developments

The Tron Foundation has ambitious plans for the future, including:

TRON Virtual Machine (TVM): A virtual machine optimized for running smart contracts and dapps on the Tron network.
Decentralized storage (BitTorrent FS): A decentralized file storage system that allows users to share and store files without relying on centralized servers.
Tokenization of assets: TRX will be used to tokenize assets such as artworks, music, and real estate, enabling fractional ownership and trading.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

FLZ

$2.3922

72.38%

Trade Now
AERGO

$0.2118

27.22%

Trade Now
ZBCN

$0.0019

26.78%

Trade Now
ORBR

$0.1159

13.65%

Trade Now
SIGN

$0.0938

12.59%

Trade Now
MNSRY

$0.0596

11.79%

Trade Now

Latest Crypto News

Stablecoins Are Signalling the Crypto Market's Sentiment and Liquidity
2025-05-04 07:10:13
Buy the Dip, 2X Your Coins: BTFD's FINAL100 Offer and 2900% Potential Makes It the Next Crypto to Explode
2025-05-04 07:10:13
Now known simply as Strategy, the firm formerly called MicroStrategy, has definitively secured its spot as the world's largest corporate holder of Bitcoin.
2025-05-04 07:05:13
Bitcoin (BTC) Market Finds Itself at a Critical Crossroads as It Leans Against the Short-Term Optimistic Trading Patterns
2025-05-04 07:05:13
Bitcoin (BTC) price resumed its upward trend this week
2025-05-04 07:00:12
Ruvi (RUVI) Could Trump Solana (SOL) as the Top Blockchain Project by 2025
2025-05-04 07:00:12

Related knowledge

What is Ethereum’s Slashing mechanism and how to punish malicious behavior?

Feb 20,2025 at 03:08am

Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validatorsOngoing discussions and potential improvementsEthereum's Slashing Mechanism: Punishing Malicious BehaviorEthereum's slashing mechanism is an essential tool for ensuring network security and punishing mal...

What is the verifier node of Ethereum and how to become a verifier?

Feb 19,2025 at 06:00pm

The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a Verifier NodeMinimum Requirements for Becoming a Verifier NodePotential Difficulties in Running a Verifier Node1. What is a Verifier Node?A Verifier Node is an independent entity on the Ethereum network th...

What is Ethereum’s staking, and how to participate and earn money?

Feb 19,2025 at 04:37pm

Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTechnical Requirements and Hardware OptionsPotential Challenges and Troubleshooting TipsFAQs on Ethereum StakingWhat is Ethereum's Staking?Proof-of-Stake (PoS) is a consensus mechanism used in blockchain netw...

What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?

Feb 20,2025 at 03:12am

Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat is Ethereum's DAO (Decentralized Autonomous Organization) and How Does It Work?Definition and Structure of a DAOA Decentralized Autonomous Organization (DAO) is an innovative governance and management fram...

What is Ethereum's multi-signature wallet and how to improve security?

Feb 20,2025 at 02:18pm

Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig WalletStep-by-Step Guide to Generating a Multisig WalletImplementing Strategies for Enhanced Security1. Understanding the Concept of a Multi-Signature WalletA multi-signature (multisig) wallet in the Ethereum e...

What is Ethereum's oracle and how to provide data for smart contracts?

Feb 21,2025 at 01:30am

Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contractsAddressing potential challenges and considerationsWhat is Ethereum's Oracle?Oracles are crucial components in the Ethereum ecosystem, enabling smart contracts to access real-world data and off-chain even...