TRON
About TRON
TRON (TRX) is a blockchain-based operating system designed to ensure the widespread use of this technology. The network claims to have a capacity of 2,000 transactions per second, immensely surpassing Bitcoin's six and Ethereum's 25. TRON focuses on decentralized content and entertainment sharing, with BitTorrent being one of its biggest acquisitions in 2018. The project broke down its objectives into six stages, including simple distributed file sharing, encouraging content creation through financial rewards, and decentralizing the gaming industry.
In the last hour, TRON's price has seen a change of -0.07%, and over the past 24 hours, its price has moved by -0.99%. Over the previous week, TRON's price has moved by +1.98%. The current price of TRON is BHD 0.1285, accompanied by a trading volume of 264.7M in the last day. TRON's price is currently 22.68% below its all-time high of BHD 0.1662, which remains the highest price TRON has achieved since its launch. The circulating supply of TRON stands at 94.96B, translating to a total market capitalization of 12.20B.
Market stats
Frequently asked questions
What is TRX?
TRX is the native cryptocurrency of the TRON blockchain platform. It is used to power various functionalities within the TRON ecosystem, such as executing smart contracts and participating in decentralized applications (DApps). TRX can be traded on many cryptocurrency exchanges.
How does TRON aim to improve the digital entertainment industry?
TRON aims to revolutionize the digital entertainment industry by providing a decentralized platform where content creators can directly connect with their audience without relying on intermediaries. Through TRON's blockchain technology, creators can monetize their content more efficiently and fans can support their favorite artists more directly.
What are some key features of the TRON network?
The TRON network boasts high scalability, enabling faster transaction speeds and lower fees compared to many other blockchain platforms. It also supports the creation and execution of smart contracts, allowing developers to build decentralized applications with ease. TRON's focus on decentralized content sharing and storage sets it apart in the blockchain space.
How to invest in TRON?
Rain offers you a number of ways to start investing in TRON, including buying TRON through bank transfers or by using your bank card. To purchase TRON on Rain, you can select TRON in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.
How to buy TRON with card?
Once you add your bank card to your Rain account, you can use it to buy TRON directly. You can start by adding your card to your payment options on your Rain account. To purchase TRON using your bank card, you can select TRON, click Trade then select Buy. Enter the amount you wish to buy and choose your card from the payment options. Click Next to review and complete your purchase by following the instructions on the screen.
note: The purchase option with debit or credit card is not available for our users in Turkey
How to buy TRON through bank deposit?
Rain enables you to buy TRON using your local currency. You can deposit funds through bank transfer, a process which takes 1-4 business days depending on your location. You can start by depositing funds to your Rain account from your bank account. Simply click on Deposit and enter the amount you would like to transfer. Click next and copy the instructions that will appear on your screen to complete the transfer from your bank account. Note that Rain does not automatically pull funds from your bank account and you will need to manually transfer the funds from your bank account to Rain's banking information.
Within 1-4 business days, the funds will be available in your Rain account and you will be able to use them to complete purchasing TRON. To do that, you can select TRON in your Rain account, click Trade and select Buy. Enter the amount you wish to buy with and click Next to review and confirm your purchase.
How to sell TRON?
This is an easy process that requires only a few clicks. Here are the steps needed to sell TRON successfully:
On your Rain account, select TRON then click Trade and select Sell. Enter the amount you wish to sell and click Next to review and confirm your sell transaction by entering an OTP. You will receive a confirmation email once the transaction is done with the details.
How to convert TRON into cash?
Rain gives you the opportunity to sell TRON and withdraw your funds from your Rain account to your local bank account. First, you need to add your personal bank account to your Payment Methods option on your Profile.
Once your bank account is added, you can sell TRON and withdraw the funds to your bank account by clicking on Withdraw and entering the amount you wish to withdraw. Click Next to review and confirm your withdrawal information by entering an OTP.
Once the withdrawal request is submitted, you will receive a confirmation email that the withdrawal is being processed. Processing your withdrawal request can take between 1-4 business days.
How to receive TRON?
If you would like to receive TRON in your Rain account, simply click on Receive and select TRON from the list at the top of the page. You can then either copy the address visible at the botom of the screen or share the QR code to to complete your receive transaction.
Make sure that you are using the correct network when receiving TRON to avoid possible loss of funds.
How to send TRON?
You can easily send your TRON from your Rain account to any external wallet by clicking on Send and selecting TRON from the list at the top of the page. Enter the amount you wish to send and add the external wallet address you are sending to. Click Next to review and confirm your send transaction by entering an OTP.
Why buy TRON with Rain?
When you buy TRON with Rain, you ensure that your assets are going to be safely stored on a regulated platform that follows strict compliance standards and is subject to periodic audits. Rain also uses bank-grade security measures like Cold Storage systems. Trading and storing TRON on Rain also means that your asset is going to be stored on 1:1 basis, which means your assets will always be available to you.
What is a TRON wallet?
A TRON wallet is where you can securely store TRON. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a TRON address?
A TRON address is a string of unique characters that is tied to your TRON wallet. The address functions just like a bank account number and it is what you use in order to send TRON from your wallet, or to receive TRON to your wallet.
What trading pairs available for TRON?
There are over 200 currency pairs available on Rain for you to trade with. You can trade TRON with Bahraini dinar, Kuwaiti dinar, Emirati dirham, Omani rial or US dollar, depending on your location. Additionally, you can swap TRON with 200 other assets like BTC, LTC, XRP, ETH. You can explore your options by visiting the market page on your Rain account: https://www.rain.com/market
What is the minimum order size to buy TRON?
You can trade TRON with any amount above $30 or equivalent in your account's currency. You can start trading TRON now by clicking the Trade button on your Rain account.
What are the most popular cryptocurrencies besides TRON?
Besides TRON, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What blockchain is TRON built on?
TRON is built on the TRX blockchain. This determines how transactions are verified, fees are structured, and how compatible it is with wallets and other decentralized applications (dApps).
How do I keep my TRON safe?
To keep your TRON safe, make sure to use trusted wallets that support TRX. Enable two-factor authentication (2FA), store long-term assets in cold wallets, and never share your private keys with anyone. You can always refer to our Security & Policies section for more tips.
What will the price of TRON be in next 5 years?
Price predictions for TRON over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading TRON taxable?
Trading TRON may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is TRON's ATH?
TRON’s all-time high (ATH) was BHD 0.1662 on 03 Dec 2024. This represents the highest recorded market price of the asset to date.
What is the market cap of TRON?
With a market capitalization of 12.20B, TRON is ranked 8 among other crypto assets.
What is the all-time high of TRON?
The highest valuation of TRON since its launch was at BHD 0.1662, marking its all-time high.
What is the 24-hour trading volume of TRON?
The trading activity of TRON over the last 24 hours was at 264.7M, highlighting its liquidity in the market.
How many TRON are there in circulation?
There are approximately 94.96B units of TRON currently in circulation, affecting its market dynamics.
What is the relative popularity of TRON?
TRON market cap is around 12.20B.
When was TRON created?
TRON was introduced on 31 May 2018.
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