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What is TRX Coin And How To Buy TRX Coin

What is TRX Coin And How To Buy TRX Coin

What Is TRX Coin£¿

TRON is one of the largest blockchain-based operating systems in the world with two main functions. First, it serves as a global online content sharing platform, and secondly, it allows developers to create their own autonomous applications that operate without the need for intermediaries. It is a platform built specifically for peer-to-peer file sharing with the goal of competing with centralized media tech giants such as YouTube.

TRONIX is the mainnet native token of the TRON Protocol issued by TRON DAO, known as TRX. TRX is the basic unit of accounts on the TRON blockchain. TRX is also a natural medium currency for all TRC-based tokens. TRX connects the entire TRON ecosystem, with abundant application scenarios that power transactions and applications on the chain.

On June 25, 2018, TRON's mainnet was launched, and the ERC20-based TRX has migrated to TRON's mainnet; therefore, TRON DAO has gradually burnt the ERC20-based TRX. As of now, the total number of ERC20 TRX burnt is 99,188,397,993.45, accounting for 99.19% of the total supply.

TRX Application Scenarios

lCredit card payment: Credit card Spend supports TRX payment.

lTRON ATM machine: TRON ATM machine supports TRX online transfer.

lParticipate in token issuance on TRON: TRX can be used to purchase tokens to be issued on TRON.

lObtain energy and bandwidth: Obtain corresponding amount of energy and bandwidth by freezing TRX.

lObtain voting rights: Obtain TRON Power, voting rights for super representatives by freezing TRX.

lReceive BTT airdrop: Addresses holding TRX will automatically receive BTT airdrop reward.

lParticipate in the Tronics Support Plan: Participate in the Tronics Support Plan and receive TRX rewards.

lPornhub supports TRX payment: The world's largest adult website supports TRX payments.

What Makes TRON Unique£¿

High-throughput: High throughput is achieved by improving the TPS in TRON, which has surpassed Bitcoin and Ethereum, to a daily-use practical degree.

High-scalability: Applications are given a wider variety of ways to be deployed in TRON because of its scalability and highly effective smart contract. It can support enormous numbers of users.

High-availability: More reliable network structure, user asset, intrinsic value and a higher degree of decentralization consensus come with an improved rewards distribution mechanism.

Where To Buy TRX?

TRX is listed on over 130 exchanges, and it is one of the most promising cyptos, connecting millions of value. We recommend the world¡¯s leading exchanges to trade TRX such as Binance, Coinbase, FTX and Bitfinex.


Disclaimer: Cryptocurrency investment is subject to high market risk. TOPSINCRYPTO is not responsible for any of your trading losses. The opinions and statements made above should not be considered financial advice.