TRON Price Reaches $0.13 on Major Exchanges (TRX)

TRON (TRX) traded 0.1% lower against the US dollar during the 1-day period ending at 14:00 PM E.T. on July 5th. During the last seven days, TRON has traded up 2.8% against the US dollar. One TRON coin can now be bought for about $0.13 or 0.00000226 BTC on major exchanges. TRON has a total market capitalization of $9.09 billion and $754.10 million worth of TRON was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• Tezos (XTZ) traded up 1.9% against the dollar and now trades at $0.72 or 0.00001288 BTC.
• Terra Classic (LUNC) traded 6.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Terra (LUNA) traded down 10.2% against the dollar and now trades at $0.33 or 0.00000596 BTC.
• aelf (ELF) traded down 5.5% against the dollar and now trades at $0.31 or 0.00000549 BTC.
• GXChain (GXC) traded 9.2% lower against the dollar and now trades at $0.33 or 0.00000582 BTC.
• Adshares (ADS) traded down 6% against the dollar and now trades at $0.34 or 0.00000612 BTC.
• BitShares (BTS) traded 3.1% lower against the dollar and now trades at $0.0020 or 0.00000004 BTC.

TRON Coin Profile

TRON uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 87,165,820,432 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 Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed here. The official message board for TRON is medium.com/@tronfoundation. TRON’s official website is trondao.org.

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 presently possible to buy alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to acquire TRON should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TRON using one of the exchanges listed above.

TRX/USD price chart by TradingView