Tron price today – when is the Main Net launch and how does the cryptocurrency work?

AFTER Bitcoin’s price exploded last year, all eyes have been on the volatile cryptocurrency market.

Tron, which hit the market in September 2017, is one of the newest kids on the crypto-block…

What is TRX?

Like Bitcoin, Tron is cryptocurrency which is traded online.

But unlike Bitcoin, it is attached to a new blockchain-based technology that aims to revolutionise the way people consume entertainment.

Tron claims to allow users to freely publish, store and own data – which can create a decentralised content distribution platform.

The company says this will allow it to undercut its centralised competitors like Google Play and Apple's App Store, which charge high fees.

It is based on the technology behind another cryptocurrency – Ethereum.

Tron’s official cryptocurrency is called Tronix (TRX).

What's the price of Tron and how do you buy it?

Tron has been trading since mid-September, and went from strength to strength as the hype around cryptocurrencies exploded.

The cryptocurrency is worth just $0.065 (£0.049) for a single unit as of May 28, 2018.

That's a climb gtom January 5, though, its value had soared to over $0.25.

There are few places where you can buy TRX for real money.

Instead, you need to buy Bitcoin or another cryptocurrency and trade it for TRX.

You can make this trade using an online currency exchange such as Coinnest, Binance or Liqui.