TRX is the native coin of the decentralized blockchain platform TRON. Tron is founded in 2017 in Singapore and is owned by the Non-profit Tron foundation. Tron blockchain aims to create a cost-efficient entertainment-sharing digital platform. Tron owns the famous BitTorrent network in its ecosystem. Transactions are extremely fast and cheap on the Tron blockchain. TRX is used to pay for transactions on the blockchain.
With a total market cap of over $5.9 billion, TRON is the No. 15 cryptocurrency by market size. The currency symbol for TRON is TRX, it was launched in August 2017 and it originated in China. TRON uses the Delegated Proof-of-Stake hashing algorithm. The total supply of TRON is 91 billion coins.
We found savings accounts offering up to 11% APY on TRON deposits and loans as low as 6.9% APR against TRON used as collateral. Check out our TRON staking yields table and TRON loan rates table for further details.
The technical price analysis for TRON below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of TRON.
QIs it possible to stake TRON to generate passive income?
AYes, staking is available for TRON on a number of platforms. For a full list of TRON staking yields see our list of TRON staking yields.
QHow much can I earn staking TRON?
AYou can earn up to 11% APY by staking your TRON tokens. Check out our TRON staking yields table for further details.
QWhere is the best place to stake TRON?
ARight now the best staking rates are on Nexo with an income rate of up to 11% APY.
QIs it a good time to buy TRON?
AYou can check the technical indicators for TRON on the TRON Price Trend tab. These indicators are based on the analysis of multiple trading signals for TRON.
QWhere is the best place to buy TRON?
AYou can find the cheapest exchange on which to buy TRON on the TRON Buy tab.
QWhich crypto wallets support TRON?
AYou can check which wallets support TRON on the TRON Wallets tab.
QCan you get a TRON loan without collateral?
AAlmost all TRON loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is TRON flash loans which allow you to borrow uncollateralised TRON for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all TRON loans on the TRON Loans tab.