Coins: 10053 Exchanges: 858 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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TrueFi price

TrueFi Price (TRU)

$0.0343674

1.51%
Rank #433

TrueFi Price Chart (TRU/USD)

Last updated 02 Aug 2023, 14:15PM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance TRU / USDT $0.03559993 0.28% $343,035
2 Coinbase Exchange TRU / USD $0.03570000 0.28% $124,998
3 Binance TRU / BTC $0.02978716 1.13% $123,305
4 BitMart TRU / USDT $0.13351800 0.98% $90,756
5 Huobi Global TRU / USDT $0.03335712 0.30% $88,130
6 BKEX TRU / USDT $0.10577600 2.01% $87,819
7 Bitget TRU / USDT $0.03464816 0.12% $87,805
8 LBank TRU / USDT $0.10141900 0.49% $41,902
9 FTX TRU / USDT $0.04826714 0.26% $38,135
10 Coinbase Exchange TRU / BTC $0.07621700 0.36% $37,272
11 Phemex TRU / USDT $0.03465171 0.29% $36,458
12 Bitrue TRU / USDT $0.03488920 0.29% $29,208
13 Poloniex TRU / USDT $0.03425291 1.85% $28,110
14 Poloniex TRU / TUSD $0.03425216 3.25% $27,632
15 Coinbase Exchange TRU / USDT $0.04510067 0.44% $26,522
16 Digifinex TRU / USDT $0.03475960 0.86% $24,564
17 MEXC Global TRU / USDT $0.03510972 0.60% $23,569
18 Binance TRU / RUB $0.02946619 0.47% $23,225
19 AEX TRU / USDT $0.03054318 0.33% $21,848
20 Gate.io TRU / USDT $0.03444981 0.30% $20,068
21 KuCoin TRU / USDT $0.03430190 0.23% $15,385
22 BingX TRU / USDT $0.03587883 1.89% $13,360
23 Coinbase Exchange TRU / EUR $0.02997471 0.36% $12,400
24 CoinW TRU / USDT $0.03497536 1.14% $11,464
25 Crypto.com Exchange TRU / USDT $0.04067645 0.54% $4,628
26 LATOKEN TRU / USDT $0.03477934 0.45% $4,575
27 Kraken TRU / EUR $0.04334297 0.20% $3,882
28 TokoCrypto TRU / USDT $0.04071871 0.25% $3,680
29 Kraken TRU / USD $0.03796000 0.24% $3,610
30 CoinEx TRU / USDT $0.03560697 0.25% $3,605
31 Gemini TRU / USD $0.06157000 0.52% $2,317
32 Coinspro TRU / PHP $0.03451212 1.20% $1,589
33 Crypto.com Exchange TRU / USD $0.03865400 1.37% $1,477
34 TokoCrypto TRU / BTC $0.04099982 1.06% $1,202
35 KuCoin TRU / BTC $0.02825628 1.47% $965
36 Nominex TRU / RUB $0.03362319 1.72% $108
37 Bilaxy TRU / ETH $0.03610422 1.49% $15,176
38 Pionex TRU / USDT $0.03908657 0.26% $1,515
39 Nominex TRU / BTC $0.05140000 0.98% $1,481
40 Nominex TRU / USDT $0.03579056 0.28% $439
41 Mercado Bitcoin TRU / BRL $0.04306236 9.58% $223
42 HitBTC TRU / USDT $0.05819700 0.44% $180
43 FTX TRU / USD $0.04160000 0.66% $529,013
44 ZB TRU / USDT $0.08329100 51.69% $25,702
45 XT.COM TRU / BTC $0.03574208 2.89% $2
46 HitBTC TRU / BTC $0.06153000 1.08% $0
47 Bilaxy TRU / USDT $0.03936561 4.25% $16,936
48 Poloniex TRU / BTC $0.03447651 7.18% $6,833

TRU Price Statistics

$0
24H Range
$0
  • TrueFi Price Now $0
  • 24h Low / 24h High $0 / $0
  • Trading Volume $786,591
  • Market Cap Rank #481
  • Market Cap $36,519,505
  • Volume / Market Cap 0.0215
  • All-Time High $1 -96.62%
    Aug 12, 2021
  • All-Time Low $0 30.40%
    Dec 24, 2022
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Introduction to TrueFi Cryptocurrency


TrueFi is a cryptocurrency that aims to revolutionize the lending and borrowing industry. Built on the Ethereum blockchain, it utilizes decentralized finance (DeFi) principles to provide users with transparent and secure financial services. In this article, we will delve deeper into what TrueFi is all about and how it differs from traditional lending platforms.

The Basics of TrueFi


TrueFi is designed to operate as an open and permissionless lending platform, meaning anyone can participate without any intermediary or central authority. By eliminating middlemen, it allows for direct interaction between lenders and borrowers, resulting in reduced fees and increased efficiency.

The Trust Protocol


TrueFi employs a unique mechanism called the Trust Protocol to ensure the integrity of transactions on the platform. It involves a comprehensive process of vetting borrowers and evaluating their creditworthiness. This avoids the need for collateral, making lending more accessible for individuals and businesses without substantial assets.
Furthermore, the Trust Protocol utilizes smart contracts for loan management, repayment scheduling, and interest calculations. These contracts are programmed to execute automatically, ensuring that the terms of every agreement are met without any human intervention.

Transparency and Security


One of the key features of TrueFi is its transparency. Every lending and borrowing activity is recorded on the blockchain, making it verifiable and immutable. This provides an extra layer of trust as users can easily audit and verify the transactions.
Moreover, TrueFi employs advanced security measures to protect user funds. The use of secure smart contracts and cryptographic encryption techniques ensures that the platform remains resilient against cyber-attacks.

The Native Token - TRU


The TrueFi ecosystem operates on its native token called TRU. TRU has a vital role in governing the platform and making decisions. Token holders can participate in staking and voting, influencing the direction and development of TrueFi.
Furthermore, TRU acts as an incentive for lenders and borrowers. Lenders earn TRU tokens as a reward for providing liquidity to the platform, while borrowers can improve their reputation and creditworthiness by utilizing TRU as collateral.

The Future of TrueFi


TrueFi represents a significant milestone in the evolution of decentralized lending platforms. By leveraging the power of blockchain technology, it offers enhanced transparency, security, and efficiency compared to traditional lending systems. As the DeFi space continues to grow, TrueFi is poised to play a crucial role in shaping the future of finance.