TRX price in fiat currency 

The launch price of TRX was USD $0.0019, and it quickly gained popularity in the crypto community. Within just a few months, it reached an all-time high of $0.30 in January 2018, during the peak of the crypto market bubble. However, the price subsequently experienced a significant drop, and by December 2018, it had fallen to a low of $0.011.

Throughout 2019 and 2020, the price of TRX remained relatively stable, hovering between $0.01 and $0.03. However, in early 2021, the cryptocurrency market experienced a massive bull run, and TRX’s price skyrocketed. In March 2021, it reached a new all-time high of $0.231.

Since then, the price of TRX has experienced some fluctuations but has generally remained in the range of $0.05 to $0.15. As of March 2023, the current price of TRX is approximately $0.06. That makes it around the 15th most valuable cryptocurrency traded, with a market cap of approx $5.8 billion.

Advantages of a Tron Casino 

Tron gambling on roulette, blackjack, baccarat and poker

At Tron casinos like Stake or BC.Game, find all the casino games and sports betting you could wish for. Real money online casino classics like video poker, live casino and live dealer games, progressive jackpots, and 1,000s of slot games.

Plus, find Tron casino games that you won’t find at other traditional gambling sites – we’re talking crypto gambling games like Plinko and Dice with a super low house edge.

The sites on this page offer more than just TRX casino play. Other payment options are available, including BTC, Bitcoin Cash, EOS, and other digital currencies.

On registration with some basic personal information at a Tron casino, you will be able to claim welcome offers, Free Spins, join the VIP program

Crypto decentralization

The DPoS consensus mechanism is designed to encourage decentralization by incentivizing token holders to vote for a diverse set of block producers. Additionally, TRX has made efforts to decentralize further by partnering with a number of independent companies and organizations to promote the adoption and development of the platform.

Cryptocurrencies are independent of banks, and transactions at a Tron gambling site are usually accepted in unlimited amounts. This is attractive for high-rollers, who can make huge Tron transactions when depositing and withdrawing.

Wallet security, anonymity, and privacy

Your casino deposits and withdrawals benefit from blockchain technology and increased privacy, like all cryptos. Banks and other prying eyes have no access to your transactions, and only the casino will know who you are. 

Tron casinos are not totally anonymous, but the network does offer some degree of privacy through the use of pseudonymous addresses. Users can create and use multiple TRX addresses without revealing their true identity, which can help to protect their privacy to some extent.

Additionally, a number of privacy features in its network, such as confidential transactions and zk-SNARKs, which allow for the concealment of transaction amounts and other data. These features are designed to enhance privacy on the Tron network, but they do not make transactions completely anonymous. If you are really concerned with privacy, we recommend playing at a Monero casino.

Transaction speeds

Fast transfers are a benefit to both players and crypto casinos. Tron casinos are way ahead of Bitcoin in this respect. And in general, TXR seems solid and reliable – exactly what you want when gambling online. 

The TRX network is capable of processing up to 2,000 transactions per second (TPS) on its mainnet. The actual speed of a transaction can vary depending on a number of factors, including network congestion, gas prices, and the complexity of the transaction.

In general, however, transactions are typically confirmed within a few seconds, making it one of the fastest blockchain networks in terms of transaction speed. This speed is made possible by the use of a delegated proof-of-stake (DPoS) consensus mechanism, which enables fast block times and high transaction throughput.

The token is manageable

TRX is easy to buy on leading crypto exchanges, either by using traditional payment methods like a credit card, exchanging it with dollars, or exchanging it with other crypto coins you may have. 

But more importantly, it’s easy to manage. Unlike Bitcoin (worth around $45,000), TRX is worth far less, and so it’s far easier to keep track of how much you are depositing, your winnings, and anything you lose at Tron casinos.

Disadvantages of Tron Casinos

There isn’t much TRX publicly available

As it stands, only around 15% of all TRX is in circulation for private investors. The rest is held by the company itself and other selected institutions. 

This means there could come a time when deposits or withdrawals from Tron casinos simply aren’t possible anymore. For example, you might have a big win that the casino’s reserve wouldn’t cover.

The Foundation holds a significant amount of TRX, and the delegated proof-of-stake (DPoS) consensus mechanism could potentially lead to centralization if a small number of token holders control a significant portion of the voting power.

Less Tron casino choice

The relative lack of TRX may be one reason why there are very few Tron casinos online. Currently, it’s just not a viable option for many crypto casinos, particularly when Bitcoin and Litecoin are so dominant.

But don’t worry – if you have Tron and you want to gamble with it, head back to the top of the page to find the best Tron casinos. We still have more than five great Tron casino gambling options for you and will update this page as more Tron casinos appear.

Lack of transparency

Some critics have accused the Foundation of lacking transparency and failing to provide adequate information about its operations and development roadmap.

Competition from other platforms

The Tron blockchain competes with a number of blockchain platforms, including Ethereum, Binance Smart Chain, and others. It remains to be seen whether Tron casinos will be able to compete effectively in the long run against bigger and better-known tokens.

Perception issues

Finally, TRX has faced criticism and controversy over a number of issues, including allegations of plagiarism and other ethical concerns. While these issues may not necessarily impact the technical capabilities of the platform or your Tron wallet, they could impact Tron casino adoption and perception.

Bitcoin Casino vs Tron Casino – where’s best to gamble?

A few years ago, Bitcoin casinos had a clear advantage over Tron casinos due to the latter’s limited availability. However, this has changed significantly with the rise of Tether-compatible casinos, making them a viable option for online gambling enthusiasts.

Today, top-rated Tron casinos like Stake, BitStarz, BetFury, BC.Game, Cloudbet, and many others offer a wide range of games and services that are comparable to Bitcoin casinos. Although Bitcoin still enjoys wider acceptance across the cryptocurrency gambling landscape, many Bitcoin casinos have adopted TRX payments into their offering, giving players the chance to experience the thrill of crypto gambling with their TRX.

Whether Tron casinos will become more prevalent and popular among online gamblers remains to be seen, but it’s hard to deny that the best TRX casino that exists now is not on a par with Bitcoin casinos in terms of features, offerings, and overall user experience in 2023.

Top 3 Tron Casinos

BetFury

BetFury is an incredible social casino and betting platform that has been charming players since 2019. With a focus on incredible promotions, huge game choices, and building a community of fans, BetFury is a fantastic Tron casino site. It also accepts dozens of other crypto tokens.

Stake

You’ve probably already heard of Stake. Since launching in 2017, it’s become of the biggest and best Tron casinos. With hugely valuable promotions, a beautiful user interface, amazing Stake Originals games, and a social element, Stake deserve its reputation as a top Tron casino.

Cloudbet

One of the biggest crypto casinos, full stop, Cloubet has been offering crypto gambling for a decade. It accepts dozens of crypto tokens, including TRX, and can easily be called a leading Tron casino.

Tron Casino Frequently Asked Questions