TRON cryptocurrency: What is TRON? TRX crypto FAQs (2024)

Only restore wallets from secret recovery phrases and private keys that you trust 100%. You can learn more here: Don't import TRON 12-word secret recovery phrases or private keys!

Everything you need to know about TRON (TRX) and TRON tokens - both TRC10 and TRC20 - inside of your Exodus wallet. How to use Tether (USDT) on the TRON network and much more!

Do you need a self-custody wallet to interact with your TRON and TRON tokens? You can download Exodus here.

In this article:

  • What is TRON?
    • Video tutorial: What is TRON?
  • What are the benefits of TRON?

TRON token FAQs

  • TRC10 vs TRC20
  • Which TRON tokens does Exodus support?
  • Why can't I see my TRC20 tokens?
  • How do I activate my TRC20 tokens?
    • Mobile
    • Desktop

How do TRON network fees work?

  • What is a frozen TRON balance?
  • Bandwidth
  • Energy
  • How do I see my frozen balance?
  • Why can't I freeze TRON (TRX)?
  • How do I unfreeze my TRON inside of Exodus?
    • Desktop
    • Mobile
  • How do I receive a TRON token?
  • How do I send or exchange a TRON token?
  • What happens if I send an unsupported TRON token to my Exodus TRON address?
    • Mobile
    • Desktop

What is TRON?

The TRON blockchain is designed to support free and decentralized digital content while keeping transaction fees low through its primary asset TRON (TRX). TRON is also a blockchain platform for decentralized applications (dApps).

Development for TRON was started in 2017 by a Singapore non-profit called the TRON Foundation by Founder and CEO Justin Sun. TRON began as an ERC20 token on the Ethereum network until it was launched on its own TRON network in 2018.

Video tutorial: What is TRON?

What are the benefits of TRON?

TRON allows you to send TRC10 and TRC20 tokens without having to pay network transaction fees. This can be done by freezing some TRON in your wallet.

If you do not have enough Energy or Bandwidth from freezing TRON, then you can pay TRON network transaction fees in TRON (TRX).

TRON token FAQs

What are TRC10 and TRC20 tokens?

Like other blockchain networks such as Ethereum, TRON allows users to create or issue tokens. These tokens can be used as a dApp's currency.

Like Ethereum has ERC20 tokens, TRON has TRC10 and TRC20 tokens.

TRC10 is a technical token standard, and TRC20 is a technical standard used for smart contracts on the TRON blockchain.

TRC10 vs. TRC20

Aside from easy token creation (TRC10) and smart contract functionality (TRC20), there are a few other key differences between the two types of tokens:

  • TRC10 is accessible via API (application programming interface)
  • TRC10 has 1000 times lower transaction fees than TRC20 but has bandwidth costs for API transfers and deposits
  • TRC10 transfers and deposits into smart contracts cost bandwidth and energy

Bandwidth allows users to perform TRON transactions, and Energy allows users to process TRON smart contracts. Instead of paying gas fees (small amounts of cryptocurrency, such as in Ethereum's network where Gas = small amounts of ETH) to perform these tasks, users freeze or lock up TRON (TRX), which generates bandwidth and energy.

For more differences between TRC10 and TRC20, see this guide on TRON's website: TRON Ecosystem Introduction.

Which TRON tokens does Exodus support?

You can download Exodus to interact with the following TRON tokens:

Tether (USDT TRX) TRC20 token Send, receive, exchange
JUST (JST) TRC20 token Send, receive, exchange
Sun (SUN) TRC20 token Send, receive, exchange
BitTorrent (new) (BTT)* TRC20 token Send, receive, exchange
BitTorrent (BTTOLD) TRC10 token Send, receive

*New BTT is referred to as BTTC in Binance. If sending BTTC from Binance, please use the TRON network.

If you currently hold BTTOLD, and would like more information on the BTT migration, or instructions on how to swap your BTTOLD for new TRC20 BTT tokens, check out this Knowledge Base article: How do I swap old BitTorrent (BTT) for new BTT?

To enable TRC20 BTT, follow the steps in this guide: How do I enable/disable assets in Exodus?

Why can't I see my TRC20 tokens?

If your TRON address doesn't have any TRX in it, it doesn't exist on the blockchain.

So if you send TRC20 tokens to your wallet, or swap some crypto to a TRC20 token, your TRC20 tokens will not appear. You'll also pay higher transaction fees to send TRC20 tokens to this address.

If your TRC20 token (USDT TRX, BTT, JST, or SUN) balance does not appear, or if you'd like to send tokens to a new TRON address with a lower fee, you can activate your TRON address in Exodus.

You can do this by sending your TRON address some TRX, or by following the steps below.

How do I activate my TRC20 tokens?

Mobile

1
In Exodus, open your TRC20 token wallet.

TRON cryptocurrency: What is TRON? TRX crypto FAQs (1)

2
If the asset is supported on multiple networks, a) tap the dropdown menu and b) select the TRON network. If not, skip to step 3.

If you do not see the TRON network as an available option, you'll need to enable it by following this guide: How do I enable/disable assets in Exodus?.

TRON cryptocurrency: What is TRON? TRX crypto FAQs (2)

3

Tap on Activate Account.

Activating your TRC20 wallet will result in a 0.000001 TRX deposit to your TRX wallet.

TRON cryptocurrency: What is TRON? TRX crypto FAQs (3)

Desktop

1
In Exodus, open your TRC20 token wallet.

TRON cryptocurrency: What is TRON? TRX crypto FAQs (4)

2
If the asset is supported on multiple networks, a) tap the dropdown menu and b) select the TRON network. If not, skip to step 3.

If you do not see the TRON network as an available option, you'll need to enable it by following this guide: How do I enable/disable assets in Exodus?.

TRON cryptocurrency: What is TRON? TRX crypto FAQs (5)

3

Click Activate Account.

Activating your TRC20 wallet will result in a 0.000001 TRX deposit to your TRX wallet.

TRON cryptocurrency: What is TRON? TRX crypto FAQs (6)

How do TRON network fees work?

What is a frozen TRON balance?

The TRON network allows you to freeze TRON (TRX) for Energy and Bandwidth. This allows you to send TRX, TRC10, and TRC20 transactions from your wallet without paying transaction fees.

The amount of TRX needed to be frozen in order to send TRX, TRC10, and TRC20 transactions without paying transaction fees can vary. Use this calculator to determine how much TRX you will need to freeze.

If you do not have enough Bandwidth, you will need to pay a network fee. During usual network conditions, the network fee will be between 10 and 20 TRX. However, during spikes in activity, network fees may increase.

When sending TRC20 tokens, the Max Network Feewill usually be between 50 and 100 TRX. Depending on the address you are sending tokens to and the token you are sending, theMax Network Feemay increase. In Exodus, you can always see the estimatedMax Network Feebefore you send your TRC20 tokens.

The Max Network Fee is set to ensure your transaction is successful, even during spikes in network activity. You will only be charged the required network fee for sending the transaction. Click here to learn more about the Max Network Fee.

Bandwidth

Freezing TRON for Bandwidth allows you to be able to perform more TRON (TRX) and TRC10 transactions without having to pay network fees. The TRON is frozen for a minimum of 3 days, after 3 days, you can choose to unfreeze your TRON or leave it frozen.

Check out this TRON calculator to find out how much bandwidth you can get for freezing your TRON: tronstation.io/calculator.

Energy

Freezing TRON for Energy allows you to be able to perform more transactions with TRON smart contracts without having to pay network fees. This includes all TRC20 token transactions. Your TRON is frozen for a minimum of 3 days. After 3 days, you can choose to unfreeze your TRON or leave it frozen.

Check out this TRON calculator to find out how much Energy you can get for freezing your TRON: tronstation.io/calculator.

How do I see my frozen balance inside of Exodus?

If you have frozen some TRON in a different wallet using your Exodus TRX private key and want to check the balance in Exodus, all you need to do is go to your TRON wallet inside of Exodus, click the three dots in the top right corner, and click on Advanced Options.

TRON cryptocurrency: What is TRON? TRX crypto FAQs (7)

Here you will see Total Balance, Frozen Balance, and Available Balance.

Why can't I freeze TRON (TRX)?

The TRON network is undergoing an upgrade. While Exodus works to implement support, you will not be able to freeze your TRON (TRX).

Freezing TRX for energy or bandwidth will be temporarily unavailable as of March 27, 2023. These features will become available as soon as the new upgrade is implemented by Exodus.

In the meantime, you can still send, receive, swap, and unfreeze your TRX.

Until the upgrade is complete, you will see this message:

Mobile

TRON cryptocurrency: What is TRON? TRX crypto FAQs (8)

Desktop

TRON cryptocurrency: What is TRON? TRX crypto FAQs (9)

How do I unfreeze my TRON inside of Exodus?

Desktop

After you have waited a minimum of 3 days and you have decided you want to unfreeze your TRON, follow the steps below:

1
First, open your TRON wallet in Exodus Desktop, click on the More icon in the top right corner, then click on Advanced Options.

TRON cryptocurrency: What is TRON? TRX crypto FAQs (10)

2
Scroll down to the resource you want to unfreeze, Bandwidth and/or Energy, click on the Unfreeze tab, then click on Unfreeze.

TRON cryptocurrency: What is TRON? TRX crypto FAQs (11)

And that is it! You have now unfrozen your TRON, and you can send or exchange it.

Mobile

After you have waited a minimum of 3 days and you have decided you want to unfreeze your TRON, simply follow the steps below:

1
First, open your TRON wallet in Exodus Mobile, then tap on the Advanced Options icon in the top right corner.

TRON cryptocurrency: What is TRON? TRX crypto FAQs (12)

2
Swipe down to the resource you want to unfreeze your TRON for, Bandwidth and/or Energy, and tap Unfreeze.

TRON cryptocurrency: What is TRON? TRX crypto FAQs (13)

And that is it! You have now unfrozen your TRON, and you can send or exchange it.

How do I receive a TRON token?

1
Open your Exodus wallet on your mobile or desktop device.
2
You will need to ensure you have enabled the wallet in Exodus. To do so, follow these instructions: How do I enable/disable assets in Exodus? Look for the TRX badge and icon to ensure you are enabling the correct version of your token.

Mobile

TRON cryptocurrency: What is TRON? TRX crypto FAQs (14)

Desktop

TRON cryptocurrency: What is TRON? TRX crypto FAQs (15)

3
Once enabled, open the wallet and click or tap Receive.

How do I send or exchange a TRON token?

You will need some TRON (TRX) in your Exodus wallet to pay for transaction fees to be able to send or exchange your TRON tokens.

What happens if I send an unsupported TRON token to my Exodus TRON address?

Mobile

You will need to use a computer that you trust. Anyone with access to your private keys or 12-word secret recovery phrase can spend your funds.

1
First, find a computer you trust and download Exodus on it.
2
Link your mobile wallet to your desktop device following this guide: How do I sync my wallet to a computer?
3
Now, follow the desktop instructions to see how to recover your unsupported TRC20 token sent to your Exodus TRON address.

If want to delete your Exodus wallet from your desktop device, follow this guide to completely remove it.

Desktop

1
Open your Exodus TRON wallet on your desktop computer and find your TRON private key following this guide.
2
Once you have your TRON private key, you will need to import it into a wallet that supports your token. Here is a list of TRON wallets you can research to see which works for your purpose: tron.network/wallet.

Please be very careful with your 12-word secret recovery phrase and private keys, because they control access to your funds. Never share them with anyone, and only import them into platforms that you trust 100%. If you choose to import your secret recovery phrase or private keys into a third-party platform, you do so at your own risk. To find out more, check out this article from our Knowledge Base: How do I keep my money safe?

Exodus is not affiliated with any third-party platforms, external links, or any other third-party resources mentioned in this article. As such, Exodus cannot guarantee the performance of third-party products or services, or that the steps shown and the information provided will always be accurate.

TRON cryptocurrency: What is TRON? TRX crypto FAQs (2024)

FAQs

What is Tron TRX for? ›

Tron uses blockchain technology to operate a global system of content. The token, TRX, is used to pay content creators and share their content on the platform. Unlike traditional social media platforms, Tron uses permissionless tools and protocols to deliver content to users.

What distinguishes Tron TRX from other cryptocurrencies? ›

Originally, TRX tokens were ERC-20-based tokens deployed on Ethereum, but a year later they moved to their own network. TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. The TRON software supports smart contracts, various kinds of blockchain systems, and dApps.

Is Tron TRX worth investing? ›

According to our current TRON price prediction, the value of TRON will increased by 236.30%, reaching $0.19 by end of 2025. As per the forecast and algorithmic analysis, the the price of 1 Tron (TRX) will be around $0.2130 in 2028. Crypto asset investing is highly volatile and unregulated in some EU countries.

Does Tron coin have a future? ›

It was founded in 2017, in Singapore, under a non-profit organization called the 'Tron Foundation'.
...
What Is The Future Of TRON? Is TRON a good investment?
YearBest Case ScenarioWorst Case Scenario
2024$6.11$0.25
2025$8.11$0.08
2026$7.18$0.05
2027$9.12$0.03
4 more rows
6 days ago

What makes TRON so special? ›

On TRON, an efficient instruction set and a stack-based virtual machine are used. TRON's smart contracts are written in Solidity and other advanced languages. Furthermore, Block Storage and State Storage make up the distinctive distributed storage protocol created by TRON.

Why is TRON so special? ›

TRON gives creators the ability to own their content in its entirety. The network also offers personal ICOs, which individuals can use to raise funds for projects.

Why is TRON so cheap? ›

Yes, TRX has trading pairs with USDT, ETH, and BTC on KuCoin exchange. Why is Tron So Cheap? Tron appears cheaper many other cryptocurrencies due to the much high supply of the TRX token. Bitcoin's supply is limited to 21 million coins, whereas there exist 100 billion TRX tokens.

Why is TRON TRX so cheap? ›

Find out the Reasons for TRON's Low Market Price

The price of Tron is so low because the circulating supply is high and its price depends on the supply side. To put it simply, the more the supply is, the less the price will be. Experts predict that the price of Tron will likely rise again at some point in the future.

Who are TRX TRON competitors? ›

TRON's competitors and similar companies include Blockchain, Amber, Lethean and Streami.co.

Can Tron reach $100 dollars? ›

Given its underlying characteristics, namely its circulating supply and present valuation, Tron (TRX) reaching $100 is extremely unlikely. With regard to this rate of growth for TRX, market wizardry like token redenomination is the best bet.

How does TRX make money? ›

Tron works on a delegated proof-of-stake consensus mechanism. In this system, transactions are validated by 27 super representatives that are entrusted to maintain the transaction history. Super representatives are chosen every six hours, and earn TRX coin generated by the mechanism as a reward for their services.

Could Tron reach $1000? ›

Both technical and fundamental analysis of the TRON price indicates that it will be highly unlikely for the token value to reach $1,000 or even $10,000 in the short to medium future.

How much will 1 TRX cost in 2025? ›

TRON Price Prediction 2025

Based on the technical analysis by cryptocurrency experts regarding the prices of TRON, in 2025, TRX is expected to have the following minimum and maximum prices: about $0.189981 and $0.229977, respectively.

Will Tron ever reach a dollar? ›

By 2025, the site said, tron could be worth $0.18, possibly reaching $0.26 in 2026, $0.38 in 2027 and $0.54 in 2028 and potentially closing the decade at $0.54. The site made a tron price prediction for 2030 of $1.16, with the coin predicted to hit $1.70 in 2031.

How high will TRX go? ›

Tron (TRX) Overview

Bullish Tron (TRX) price predictions range between $0.304822 and $0.575775 by 2030. Market analysts believe TRX could reach $0.237084 by 2025. Bearish Tron market price prediction for 2023 is $0.054191.

Is TRX risky? ›

TRX's current risk score means it is a relatively moderate risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments. TRX has traded 1.07% lower over the past 24 hours to its current price of $0.07.

Which is better TRON or Ethereum? ›

The speed of transactions on Ethereum and Tron

The current Tron network has the capacity to process 2000 transactions per second. Ethereum, on the other hand, is limited to 30 transactions per second in terms of transaction speed.

What is the disadvantage of Tron? ›

TRON Cons. The TRON platform is often accused of being too centralized. About 50% of the TRX tokens on the market are stored in ten addresses. Consequently, the owners of these addresses can influence the price of this cryptocurrency.

Which crypto will boom in 2023? ›

5 top cryptos to buy in 2023
  • DeeLance - Decentralized freelancer marketplace with upcoming Metaverse.
  • Love Hate Inu - Exciting new meme coin with vote-to-earn rewards.
  • Ecoterra - Sustainable crypto project that pays users to recycle.
  • RobotEra - Virtual sandbox to build and earn.
Apr 5, 2023

Which country owns TRX? ›

Tron is a blockchain-based decentralized digital platform with its own cryptocurrency, called Tronix or TRX. Founded in 2017 by a Singapore non-profit organization, the Tron Foundation, Tron aims to host a global entertainment system for the cost-effective sharing of digital content.

What company owns TRON? ›

The Walt Disney Company

Who is TRX good for? ›

Regular movements such as push-ups, pull-ups, planks, lunges, and squats can all be done and elevated with the use of these straps. Because TRX uses your own weight as resistance, it is suitable for everyone, regardless of age or fitness level. It welcomes beginners, professional athletes, and everyone in between.

How much Tron is $50 usd? ›

How much is 50 US Dollar in TRON? 50 US Dollar is 731.437009 TRON.

Can Tron get to $10? ›

Some analysts predict the Tron price will go as high as $10 in 10 years. More conservative estimates put TRX price closer to $5 in that time.

What is the future prediction for Tron in 2030? ›

2030: Maximum expected price of TRX in USD by 2030 is 11.11 USD, min expected price is 6.66 USD.
...
TRX Price Long Term Prediction 2026 to 2030.
TRX Price PredictionMaximum PriceMinimum Price
2030$11.11$6.66
4 more rows

Why is TRX so good? ›

TRX suspension training is a great way to build strength, improve mobility, increase cardiovascular endurance, and develop core stability by utilizing adjustable straps and bodyweight exercises. It is a great way to get a full-body workout quickly, but it's also low-impact, and you can do it almost anywhere.

How to sell TRX for cash? ›

If you're ready to sell TRX, follow these simple steps below:
  1. Sign up for a Kraken account. You just need to create an email address, username and a strong password.
  2. Verify your Kraken account. Provide your name, birth date, country of residence and phone number.
  3. Send TRX to Your Kraken Address. ...
  4. Sell TRX.

How long will the TRX be around? ›

Ram brand CEO Mike Koval Jr. told Motor Authority that the 700-hp plus Ram 1500 TRX would continue past 2023 and do so in its current form.

Will the TRX end in 2023? ›

The mighty Ram 1500 TRX goes unchanged for 2023 as it enters the third year of its model lifecycle. We're not sure why anyone would want to change this beast anyway. The 2023 TRX does get a limited-production Havoc Edition with exclusive Baja Yellow paint and Prowler Yellow interior stitching.

How much will the 2023 TRX cost? ›

The 2023 Ram 1500 TRX is adding a limited-production Havoc Edition with exclusive Baja Yellow paint. To match its brightly colored body, the Havoc Edition's interior includes Prowler Yellow contrast stitching. The new TRX Havoc Edition will go on sale in early 2023 with a lofty starting price of $106,445.

What will Tron be worth in 5 years? ›

According to our TRON price prediction, the TRX coin price might trade in a range from $0.06 to $0.14 in 2023. TRON is predicted to hit $0.22 by 2025. Based on TRX price prediction, the TRON coin price can trade in a range from $0.15 to $0.22 for 2025.

What are the next cryptos to explode? ›

The Most Likely Crypto to Explode Next
  • AiDoge (AI) – New project leveraging AI to create memes from text prompts. ...
  • Spongebob (SPONGE) – New meme cryptocurrency, which has exploded by over 600% in the last 24 hours. ...
  • Love Hate Inu (LHINU) – Vote-to-earn platform rewards users for voting 'love' or 'hate' on viral issues.
6 days ago

How much TRX in $5? ›

Convert US Dollar to TRON
USDTRX
1 USD14.43 TRX
5 USD72.13 TRX
10 USD144.25 TRX
25 USD360.63 TRX
5 more rows
May 2, 2023

Which crypto is best to invest? ›

  1. Bitcoin (BTC) Market cap: Over $550 billion. ...
  2. Ethereum (ETH) Market cap: Over $ 220 billion. ...
  3. Tether (USDT) Market cap: Over $80 billion. ...
  4. Binance Coin (BNB) Market cap: Over $50 billion. ...
  5. XRP (XRP) Market cap: Over $23 billion. ...
  6. Cardano (ADA) Market cap: Over $13.4 billion. ...
  7. Solana (SOL) Market cap: Over $8 billion. ...
  8. Polkadot (DOT)
May 3, 2023

How much is $1000 in TRX instantly? ›

1000 US Dollar is 14773.59 TRON.

How much will TRX be worth in 5 years? ›

Tron (TRX) Overview

Market analysts believe TRX could reach $0.243658 by 2025.

What is the prediction for Tron in 2030? ›

2030: Maximum expected price of TRX in USD by 2030 is 11.11 USD, min expected price is 6.66 USD.
...
TRX Price Long Term Prediction 2026 to 2030.
TRX Price PredictionMaximum PriceMinimum Price
2030$11.11$6.66
4 more rows

Which is better to invest in Tron or Dogecoin? ›

Dogecoin (DOGE) user rating is 4.7, based on 7 user reviews. Tron (TRX) user rating is 4.5, based on 8 user reviews.

What is the highest price TRX has ever been? ›

The current price is $0.0684 per TRX. TRON is 77.19% below the all time high of $0.30. The current circulating supply is 90,489,242,021.124 TRX.

How high could Tron TRX go? ›

TRON Price Prediction 2023

According to the technical analysis of TRON prices expected in 2023, the minimum cost of TRON will be $0.0603185142. The maximum level that the TRX price can reach is $0.0673225404. The average trading price is expected around $0.0743265666.

Can TRON go to $10? ›

Considering the practical growth rate of 5x in 38 months, It will probably take about 127 years for Tron to reach $10.

What will be the price of TRON in 2023? ›

TRON's Long Term Price Prediction
YearsAvg PriceLowest Price
2023$0.09$0.072
2024$0.094$0.075
2025$0.12$0.1
2026$0.16$0.13
8 more rows

Which crypto can give 1000x in 2023? ›

DigiToads (TOADS) : The Meme Coin with 1000x potential could outperform Dogecoin (DOGE) in 2023. DigiToads (TOADS) is a new meme coin that has taken advantage of Dogecoin's popularity in crypto. It is also making strides to become the most recognized cryptocurrency on the market by the end of 2023.

What is the best crypto to buy for long term? ›

Ethereum – Top Crypto to Buy for Long-Term Growth Loved by Web3 Developers. Ethereum is the favorite blockchain for decentralized app (dApp) developers because of its scalability, speed and ease of development, as well as large user base.

Which crypto has best future for 2025? ›

Overall, Ethereum's positioning as the blockchain at the forefront of Web3 development, and the significant demand for its network from thousands of crypto projects, makes it among the most promising cryptos that could 10X by 2025.

Why you should invest in TRON? ›

Tron offers zero transaction fees and has a very high tps compared to Bitcoin and Ethereum. It is a fastly growing crypto asset, which exceeded $108 million within a month of its launch. Even staking or simply holding TRX enables holders to earn income, where users stake their TRX at a 1:1 ratio.

Why buy TRON? ›

Tron bills itself as a smart contract platform that allows users to build and deploy decentralized applications. It also boasts a number of additional services such as a non-fungible token (NFT) marketplace, a sidechain protocol and the BitTorrent protocol for content sharing.

How efficient is Tron coin? ›

Tron Uses Nearly 100% Less Energy Than Bitcoin and Ethereum, Study Shows.

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