TRON Crypto Price Prediction, Value and Chart (TRX)

TRON (TRX) Frequently Asked Questions

What is TRON?

TRON is a cryptocurrency payment platform. It allows the users to perform cryptocurrencies transactions between them on a global scale within a decentralized ecosystem. TRON has finished its native token (TRX) migration to the mainnet. In addition, users can access the platform digital wallet, the TRON Wallet where it is possible to store and manage their digital assets, with support for desktop and mobile devices. Since July 24th, 2018, TRON acquired BitTorrent Inc. which is an Internet technology company based in San Francisco. It designs distributed technologies that scale efficiently, keep intelligence at the edge, and keep creators and consumers in control of their content and data. The TRX token is a cryptographic currency developed by TRON. Formerly an ERC-20 token, the TRX has now finished its migration to the TRON mainnet. This token is the medium for the users to exchange value between them when using the platform services. Whitepaper (Description provided by CryptoCompare)

How do I buy TRON?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including TRON.

What do investment analysts think about TRON?

Weiss Research, an investment research firm that rates cryptocurrencies, has given TRON an overall rating of "C", a technology and adoption rating of "C", and a market performance rating of "B-".

Where can I get TRON wallet?

TRON produces its own wallet software that is available for download on its website, which allows you to store TRON on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of TRON?

One TRON (TRX) is currently worth $0.07 on major cryptocurrency exchanges. You can also exchange one TRON for 0.00000296 bitcoin(s) on major exchanges. The value (or market capitalization) of all available TRON in U.S. dollars is $6.50 billion.

What hashing algorithm does TRON use?

TRON is a delegated proof of stake (DPoS) coin that uses the Delegated Proof-of-Stake algorithm.

How do I mine TRON?

TRON is a proof-of-stake (PoS) currency, which means that blocks on the TRON blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by "staking" existing coins on the network or by running a master node.

What coins are similar to TRON?

The following coins use the same hashing algorithm (Delegated Proof-of-Stake) as TRON: Hive, WAX, Velas, GXChain, FIO Protocol, 0Chain, LiquidApps, Metaverse Dualchain Network Architecture, 8X8 PROTOCOL, BeatzCoin, YAS and Ndau.

What is the Reddit page for TRON?

The official Reddit community (subreddit) for TRON is r/Tronix.