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TRXUSD - Tron vs US Dollar

Current value in real time on the crypto market for investing

Swap Short: -20 %Swap Long: -20 %
Low: 0.05332Spread MT5 floatingHigh: 0.05475
Global Stock Exchanges Session Times
Sydney
7:33 am (Local)
Opens in 2h 17m
Tokyo
5:33 am (Local)
Opens in 3h 27m
London
8:33 pm (Local)
Opens in 11h 27m
New York
3:33 pm (Local)
Closes in 0h 27m

TRXUSD Trading Chart

D1
W1
M1
No chart data
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
Edge
Edge
MT4
MT5
Execution
Market Execution
Market Execution
EdgeFloating spreads
Minimum: 7.20Average: 9.36
Market Hours*Open Now
Market Hours*Open Now
Limit and Stop Level100
1 tick value0.00001
Minimum contract size0.01 lot
1 lot size1 TRX
1 PIP value per 1 lot in USD0.00001 USD
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position *0
Execution ModeMarket (irrelevant of platform or Account type)

* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

What is TRON

TRON is a crypto project developing in the entertainment content niche since 2017. At the same time, it is haunted by the glory of Ethereum and positions itself as its competitor.

The idea of the platform is that creators and distributors of interesting content can communicate directly with users within a single blockchain-based ecosystem and distribute their files with its help. Moreover, no other platform, like Google Play or the AppStore, was deliberately involved for these purposes. It is an entirely standalone project by a developer named Justin Sun.

Having in their arsenal only a landing page about the project and even non-original documentation, the Tron team managed to hold one of the largest ICOs in crypto history: they raised $70 million. Justin was lucky because soon after, China completely banned cryptocurrencies.

In 2018, the team wanted more independence, and therefore the project was transferred from the peer-to-peer Ethereum blockchain to its platform with the Delegated Proof-of-Stake algorithm. A little later, they acquired BitTorrent, a well-known file storage system.

In addition to the platform, the TRON cryptocurrency, included in the TOP-30 altcoins, is also popular. By August 2021, its capitalisation has increased to $8.8 billion, and daily trading volumes reach $1.2 billion.

In total, 100 billion coins have been issued, and so far, there are 71 billion in circulation. There is still room for growth, but TRX mining will not work. However, as Justin Sun recently said, with the due popularity of the project, he may reconsider his decision and allow production.