What is TRON?
TRON (TRX) is a Top 20 Cryptocurrency whose aim is to ‘decentralise’. Faster than Bitcoin (3 - 6 transactions per second or TPS) and Ethereum at (25 TPS), Tron’s claimed 2,000 TPS makes it a fast and efficient blockchain platform.
TRON is geared towards providing a user-pays, decentralised-content platform that anyone can use.
In 2018, the Tron Foundation bought online file-sharing company BitTorrent for $120 million (USD) to accelerate its commercial aims in content and media. Following the acquisition, it also launched the BitTorrent Token (BTT) on the Tron blockchain network - its first native utility token or 'TRC-10’ token.
If Tron can drive real-world adoption and usage of its TRX token in media, content, and gaming, the Tron network could have a bright future.
What is the price of TRX?
TRX was one of the most popular coins traded during the 2017/2018 cryptocurrency bull market, going from $0.002 (USD) at the start of December 2017 to $0.182 on January 8th, 2018.
Aside from a significant rise at the end of April 2018, it has mostly been trading between $0.01 and $0.04 since June 2018.
The TRX price changes continuously, as it is traded 24/7 on major exchanges (including Uphold.com).
How to buy TRX
With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet. Nothing could be easier.
Here’s how fast it is to get started:
1. Go to Uphold.com and click sign up.
2. Enter your email address and personal details.
3. Click the link we send you and create a password
… and you’re off to the races!
Just start trading.
Cryptoassets are very high risk, speculative investments. You should be aware and prepared to potentially lose some or all of your money. You should carefully consider whether trading or holding cryptoassets is suitable for you in light of your financial condition. Additional risk warnings are contained on Uphold’s.
May not be available in all jurisdictions.
This content is correct as of January 2022.
Note: this cryptocurrency is not available for withdrawal to external crypto wallets. It can be bought, held, and sold on Uphold.
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