Cryptocurrencies

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What kind of currency is TRX coin? Introduction to the official website, circulation and trading platform of TRX coin

Tron's native cryptocurrency, TRX, powers the blockchain-based entertainment content sharing and creation network.

Oct 11, 2024 at 02:06 pm

What is TRX Coin?

1. Overview

Tron (TRX) is a blockchain-based operating system that aims to host a decentralized network for entertainment content sharing and creation. TRX is the native cryptocurrency of the Tron network, used for transactions, rewards, and governance.

2. Official Website

[Tron Foundation](https://tron.network/)

3. Circulation

As of August 2023, there are approximately 92 billion TRX coins in circulation. The maximum supply is 100 billion TRX.

4. Trading Platforms

TRX is listed on numerous cryptocurrency exchanges, including:

Binance
Huobi
OKX
Coinbase
Crypto.com

5. Use Cases

Content creation and distribution: TRX is used to incentivize content creators and reward users for sharing and engaging with content.
Decentralized applications (dApps): TRX powers dApps built on the Tron network, such as games, gambling platforms, and decentralized exchanges.
Governance: TRX holders can participate in governance decisions within the Tron network, proposing and voting on changes to the ecosystem.

6. Future Developments

The Tron Foundation has ambitious plans for the future, including:

TRON Virtual Machine (TVM): A virtual machine optimized for running smart contracts and dapps on the Tron network.
Decentralized storage (BitTorrent FS): A decentralized file storage system that allows users to share and store files without relying on centralized servers.
Tokenization of assets: TRX will be used to tokenize assets such as artworks, music, and real estate, enabling fractional ownership and trading.

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