Created in 2017 by Justin Sun, head of the Singapore-based Tron Foundation, TRON is a decentralized smart-contract platform that aims to serve as an alternative to the Internet that is free of middlemen, has close-to-zero fees, offers high throughput and scalability, and is readily available to all Decentralized Applications (DApps) in the TRON ecosystem. TRON’s  native currency is Tronix (TRX), and the cryptocurrency kicked off with a successful $70-million initial coin offering (ICO). The TRON protocol runs on a Delegated Proof-of-Stake (DPoS) model in which a consortium of Super Representatives (SR), voted in by TRX holders every 6 hours, maintain the transactions on the TRON blockchain. The DPoS model means that TRON cannot be mined, in contrast to Bitcoin, which relies on a Proof-of-Work (PoW) algorithm. Super Representatives receive block rewards that create new TRX as incentives for maintaining the integrity of the network. Tron is Ethereum-Virtual-Machine (EVM) compatible, meaning it has Turing-complete virtual-machine capabilities, but its bandwidth model is similar to that of EOS, making it less expensive and more seamless than Ethereum. There are currently two token standards that can be issued on Tron, namely TRC10 and TRC20, which can be easily swapped for TRX. The average block time for TRON is one minute. See below for a full selection of markets where you can trade TRX for other cryptocurrencies, US dollars, and other fiat currencies.


TRON

TRON (TRX)

Tether (USDT)

SK Won (KRW)

Ethereum (ETH)

US Dollar (USD)

Bitcoin (BTC)

Binance Coin (BNB)

ChainLink (LINK)

USD Coin (USDC)

Euro (EUR)

WINk (WIN)

XRP (XRP)


Poloniex	TRON (TRX)	Tether (USDT)	0.14 USDT	1.07%	$14,811,939	12.83%

Huobi Global	TRON (TRX)	Tether (USDT)	0.14 USDT	1.02%	$8,395,763	37.97%

UPbit	TRON (TRX)	SK Won (KRW)	191.90 KRW	0.07%	$5,136,985	11.51%

Bibox	TRON (TRX)	Ethereum (ETH)	0.0000421 ETH	0.00%	$108,763	0.00%

Huobi Global	TRON (TRX)	Ethereum (ETH)	0.0000422 ETH	1.04%	$28,178	69.43%

Bitfinex	TRON (TRX)	US Dollar (USD)	0.14 USD	1.10%	$25,386	58.52%

Huobi Global	TRON (TRX)	Bitcoin (BTC)	0.0000020 BTC	0.60%	$21,591	12.90%

Bitfinex	TRON (TRX)	Tether (USDT)	0.14 USDT	0.94%	$20,654	58.57%

Bitfinex	TRON (TRX)	Bitcoin (BTC)	0.0000020 BTC	0.59%	$14,278	67.80%

UPbit	TRON (TRX)	Tether (USDT)	0.14 USDT	1.02%	$6,687	69.95%

Poloniex	Ethereum (ETH)	TRON (TRX)	23,686.64 TRX	2.35%	$6,417	35.33%

Poloniex	TRON (TRX)	Bitcoin (BTC)	0.0000020 BTC	0.18%	$3,049	74.35%

UPbit	TRON (TRX)	Bitcoin (BTC)	0.0000020 BTC	0.29%	$1,946	84.28%

Poloniex	Binance Coin (BNB)	TRON (TRX)	4,200.02 TRX	1.48%	$1,368	331.13%

Bitfinex	TRON (TRX)	Ethereum (ETH)	0.0000422 ETH	1.15%	$410	20.79%

Poloniex	ChainLink (LINK)	TRON (TRX)	99.03 TRX	3.65%	$300	69.64%

Poloniex	TRON (TRX)	USD Coin (USDC)	0.14 USDC	2.20%	$258	1,289.04%

Bitfinex	TRON (TRX)	Euro (EUR)	0.13 EUR	1.18%	$254	88.30%

Poloniex	WINk (WIN)	TRON (TRX)	0.0006520 TRX	3.41%	$202	20.62%

Poloniex	XRP (XRP)	TRON (TRX)	4.32 TRX	3.86%	$37	99.16%