TRON Trading 0.3% Higher This Week (TRX)

TRON (TRX) traded 0.2% lower against the dollar during the 24 hour period ending at 18:00 PM Eastern on March 4th. During the last seven days, TRON has traded up 0.3% against the dollar. One TRON coin can now be purchased for about $0.14 or 0.00000206 BTC on major cryptocurrency exchanges. TRON has a market capitalization of $10.06 billion and $486.40 million worth of TRON was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed during the last 24 hours:

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • Tezos (XTZ) traded 3.6% higher against the dollar and now trades at $1.42 or 0.00002087 BTC.
  • Terra Classic (LUNC) traded up 4.7% against the dollar and now trades at $0.0002 or 0.00000000 BTC.
  • Terra (LUNA) traded 0.9% lower against the dollar and now trades at $0.82 or 0.00001206 BTC.
  • aelf (ELF) traded down 1.6% against the dollar and now trades at $0.71 or 0.00001043 BTC.
  • GXChain (GXC) traded up 0.4% against the dollar and now trades at $0.40 or 0.00000583 BTC.
  • Adshares (ADS) traded up 4.5% against the dollar and now trades at $0.43 or 0.00000628 BTC.
  • BitShares (BTS) traded 2.6% higher against the dollar and now trades at $0.0042 or 0.00000006 BTC.

TRON Profile

TRX uses the hashing algorithm. Its launch date was September 26th, 2017. TRON’s total supply is 87,945,004,653 coins and its circulating supply is 71,659,659,264 coins. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. The official website for TRON is trondao.org. The Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed here. TRON’s official message board is medium.com/@tronfoundation.

According to CryptoCompare, “Tron (TRX) is a decentralized blockchain platform that offers high scalability and availability for decentralized applications (DApps). It has a native cryptocurrency, TRX, which was originally an ERC-20 token on the Ethereum blockchain. Tron aims to create a decentralized internet and its infrastructure, and supports smart contracts with a number of decentralized apps built on top of its network. Its decentralized finance (DeFi) ecosystem has billions in total value locked. The Tron network uses a delegated Proof-of-Stake (dPoS) algorithm, with TRX token holders delegating transaction validation to 27 “super representatives.” Tron was created by Justin Sun and launched in 2017, migrating to its own blockchain in 2018. TRX is used to pay for transaction fees on the Tron blockchain, can be staked for earnings, and is used in the Tron DeFi ecosystem for financial services.”

Buying and Selling TRON

It is usually not currently possible to purchase alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to acquire TRON should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TRON using one of the exchanges listed above.

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