Real-time TRB price analysis
Tellor’s current real-time price is $114.82and its trading volume is equal to US$32,000,432 in the last 24 hours. TRB price has fell on
0.53%
on the last day and decreased by
8.24%
in the last 7 days. It is important to note that Tellor’s current market capitalization is US$293,130,283Speaking of negotiable supply, TRB has 2 552 870 coins. Tellor’s current market rating is #192.
Tellor price today
80.72%
below
always on top and that’s it
10,271.12%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling TRB are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is Tellor (TRB)?
TRB, also known as Tribute, is the native token of the Tellor platform. It is an ERC-20 token for utilities and governance. Tellor is a decentralized oracle network. this allows smart contracts to access off-chain data without compromising its security. Current TRB price dynamics can be observed in the dynamic chart above.
Who are the founders of Tellor?
Tellor Company was founded Nick Fett, Brenda Loya and Michael Zemrose. Loya is the CEO of Tellor and an economist with experience in developing blockchain and scalable solutions. Fett is a CTO and has worked with machine learning and data science tools on Ethereum. Zemrose is Tellor’s Chief Security Officer, entrepreneur and business developer.
The idea to found Tellor came from blockchain problems related to the oracle problem. Smart contracts locked in the blockchain cannot access and process any information located off-chain. Tellor connects designated reporters to user requests to facilitate off-chain data transfer to the smart contract.
The platform was officially launched in 2019. Throughout its existence, the TRB price has been relatively volatile. Considering this, market capitalization may change frequently. The asset follows some general trends in the cryptocurrency market.
What are the tokenomics and features of Tellor?
Tellor tokens do not have a fixed quantity limit. Thus, there are no strict deflationary measures that could affect Tellor’s price. New tokens are created by miners, and new tokens can only be released if the community agrees to a decision through voting. TRB acts as governance tokenwhich allows network members to participate in decentralized autonomous organization (DAO).
The purpose of TRB is, first of all, pay for oracle services. Users make a deposit to reporters, who then find and transmit the necessary data off-chain in byte-sized files to access the smart contract.
The TRB deposit price may vary depending on the complexity of the request. If users believe that certain data records need updating, they can send hints to get their preferred values.
Users who want to participate online as reporters must TRB rate. Reporters are responsible for accepting data requests and loading valid values into the chain. If the data they provide is valid and remains online, reporters rewarded for their work as an incentive to continue to contribute.
Yes strong incentive to ensure data reliability. In other words, it ensures that all data transmitted through oracles is correct and secure. dispute system allows the Tellor community to vote on removing invalid values. If voters decide the data is invalid, the malicious reporter must surrender his deposit to the debater.
However, if the reporter is found to have been falsely accused, the accuser must pay a portion of the amount. dispute fee to the reporter. Tellor’s price for the fees that disputing parties must pay from the same ID increases with each report, ensuring that the feature is used fairly due to the financial implications.
What is Tellor’s trading volume in the last 24 hours?
TRB has trading volume US$32,000,432 in the last 24 hours.
What is the highest price in Tellor?
TRB has the highest price $595.70which was achieved at December 31, 2023 (1 month 3 weeks ago).
What is the lowest price in Tellor?
TRB has the lowest price US$1.11which was achieved at November 19, 2019 (4 years 3 months ago).
Which exchanges are best for buying and selling TRB?
Currently the most active and dominant exchanges for buying and selling Tellor are Binance, Kraken & Kucoin. The most popular Tellor trading pairs TRB/USDT
(on
Binance
),
TRB/USDT
(on
WhiteBIT
),
TRB/USD
(on
Kinbase
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the safest hardware wallets for storing TRB?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Tellor. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
Tellor related pages
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
