How to buy Truebit Protocol coin
The Tru crypto is not easy to buy, owing to the shortage of exchanges that list it. The 7 trading platforms offer 5 pairs. More information, including pairs, instructions and price prediction read below.
Where to buy Truebit Protocol
Step 1You need an account with a cryptocurrency exchange that supports Truebit Protocol crypto. All of them provided on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Uniswap V3 (Ethereum) | ?? / ?? | MEDIUM | No | $11217 |
|
Uniswap (v2) | 0.3 / 0.3 | MEDIUM | No | $1737 |
|
MEXC Global | 0.2 / 0.2 | HIGH | Yes | $25892 |
|
Sushiswap | 0.3 / 0.3 | MEDIUM | No | $1027 |
|
LBank | 0.1 / 0.1 | MEDIUM | Yes | $59333 |
|
BKEX | 0.15 / 0.2 | MEDIUM | Yes | $86372 |
|
Bilaxy | 0.2 / 0.2 | MEDIUM | Yes | $122 |
Transfer or purchase with P2P one of this coins: 0XC02A..., 0XF65B..., USDT, ETH or USDT.
Step 3Go to spot on crypto exchange and type the token name in search line. Choose between available trading pairs, then set order and push Buy TRU button.
Congratulations!
After pushing "buy" button, the Tru cryptocurrency will be deposited in your account on the exchange. Remember that only transferring your coins off exchange into secure crypto wallet like Trezor One or Ledger Nano S Plus, you help better protect your investments. Not only does this reduce your risk if your cryptocurrency exchange gets hacked, but if you pick cold wallet, your Truebit Protocol turn into almost unbreakable. Only con is usually have to pay a small fee to transfer your crypto off of the exchange.
What is Truebit Protocol
What Is Truebit (TRU)? Truebit allows software running outside a blockchain environment to provide trusted results to smart contracts and applications running within a blockchain. The platform allows practically unlimited external compute resources to be applied in a trusted way to extend the performance, throughput, and scalability of its host blockchain. Research began in 2015 on this verification solution which today connects blockchains to both on-chain and off-chain data while enabling smart contracts to securely perform complex computations in standard, easy-to-use programming languages at significantly reduced gas costs. Unlike sharding and other methods for distributing high transaction throughput, Truebit processes complex and large transactions via a consensus mechanism involving a minimal number of redundancies, making it a novel solution for Web 3.0 infrastructure. The bulk of computation occurs with off-chain resources. Verifier’s Dilemma - What Makes Truebit Unique? Rather than relying on external, cryptographic proofs of correctness, Truebit brings scalable computation to blockchains by leveraging game theory principles and financial incentives to increase the on-chain computation power of existing networks and reduce marginal gas costs. While smart contracts can perform small computations correctly, large computation tasks pose security risks for blockchains due to the Verifier's Dilemma
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Statistics and Externals
Concepts of hash algorithm not applicable to Truebit Protocol crypto. The blockchain was built by developers from United Kingdom.
Price and supply
The current total supply is 243.8 millions, with a circulating supply of 1253226039 TRU as of Oct 2024. The max amount of coins that will ever exist in the lifetime of the Truebit Protocol is 1449948652.8747.
The Tru coin price is $0.07067277681 as of 04:51 PM. The price was raised on 0.961% over the past 24 hours. The recent price action left the token's market capitalization at 0 USD. Thus far recent 30 days, the Truebit Protocol cryptocurrency has a change of 0.69%.
FAQ
What crypto exchange can I buy Truebit Protocol cryptocurrency?
Truebit Protocol can be bought from seven exchanges. And these are some of them: Bilaxy, Sushiswap, Uniswap V2 (Ethereum), BKEX and MEXC Global.
Is Tru a good investment?
The Truebit Protocol cryptocurrency is a risky asset that has strong potential to lose its value. Due to the high volatility of all Blockchain world you bear in mind: any cryptocurrency has a possibility price to crash to zero, learn the risks before you start trading and unexpected changes in market can lead to sharp and sudden moves in price. Aside from that investing in cryptocurrencies is possible extremely profitable.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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