TRON Price Hits $0.15 on Exchanges (TRX)

TRON (TRX) traded up 0.5% against the US dollar during the one day period ending at 16:00 PM Eastern on September 20th. TRON has a market cap of $10.89 billion and $290.38 million worth of TRON was traded on exchanges in the last day. In the last week, TRON has traded up 2% against the US dollar. One TRON coin can now be purchased for approximately $0.15 or 0.00000241 BTC on popular exchanges.

Here is how related cryptocurrencies have performed in the last day:

• Tezos (XTZ) traded 0.6% higher against the dollar and now trades at $0.68 or 0.00001084 BTC.
• Terra Classic (LUNC) traded 2.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.9% higher against the dollar and now trades at $0.38 or 0.00000598 BTC.
• Terra (LUNA) traded 3.2% lower against the dollar and now trades at $0.39 or 0.00000615 BTC.
• GXChain (GXC) traded up 0.9% against the dollar and now trades at $0.31 or 0.00000499 BTC.
• Adshares (ADS) traded 8.9% lower against the dollar and now trades at $0.18 or 0.00000293 BTC.
• BitShares (BTS) traded 0.8% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

TRON Profile

TRX uses the hashing algorithm. It launched on September 26th, 2017. TRON’s total supply is 86,670,116,739 coins and its circulating supply is 71,659,659,264 coins. The Reddit community for TRON is https://reddit.com/r/tronix and the currency’s Github account can be viewed here. TRON’s official Twitter account is @trondao and its Facebook page is accessible here. The official message board for TRON is medium.com/@tronfoundation. The official website for TRON 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 possible to purchase alternative cryptocurrencies such as TRON directly using U.S. dollars. Investors seeking to trade TRON should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TRON using one of the aforementioned exchanges.

TRX/USD price chart by TradingView