HOW TRONXMINER WORKS?
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Frequently Asked Questions
Here are some of the questions you might have asked
What is TRON
TRON's ambitious plan is to build a decentralised entertainment-content ecosystem with the help of blockchain based operating systems. Using TRON protocol, users can build their own decentralised applications or content for themselves or the community in the TRON ecosystem, and store the same on the TRON Blockchain. This ensures that websites, content, and applications can be created without the need for centralised services. These applications utilise smart contracts, thus making the process of decentralised crowdfunding and token issuance much more simple.
TRX is an ERC20 token which means that it was created on the Ethereum Blockchain. As a result, any wallet that supports Ethereum Blockchain should be able to support TRX tokens too. Some of the most popular wallets are Trustwalletapp, MyEtherWallet, Jaxx, Nano Ledger S, Trezor, and many more. As a rule of thumb, it is advisable to store these virtual currencies in a hardware wallet which are immune to hacking and virus attacks.
Where to buy TRX cryptocurrency?
TRX tokens are available for sale on some of the leading cryptocurrency exchanges in the world. To list a few, there is Bittrex, Bitfinex, Coolcoin, Liqui, Coinnest, Gatecoin, et cetera.
As mentioned earlier, TRON protocol utilises the proof-of-stake algorithm and as a result, it is not possible to mine TRX. The only way to procure TRX coins is by visiting the cryptocurrency exchanges which support TRON.
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