LiraT (TRYT)
LiraT (TRYT)
0.02864662 -0.04 %
Rank # 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 0.00
Total Supply 450,000.00
Max Supply 0.00
  • Ethereum avalanche-0x95e376390f472fcaa21995169e11d523954b3bbb
  • Ethereum polygon-pos-0x95e376390f472fcaa21995169e11d523954b3bbb
  Week Month Year All Time
High

17-08-2024

0.029667104791
-3.44%

22-07-2024

0.030477075163
-6.01%

15-12-2023

0.03846665
-25.53%

14-11-2023

₹5,730,800.59
-25.54%
Low

12-12-2024

0.02864662
0.00%

12-12-2024

0.02864662
0.00%

17-08-2024

0.02835713
1.02%

06-12-2024

₹5,628.29
1.01%

LiraT News (Tryt News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

LiraT Chart (Tryt Chart)

LiraT Price USD (Tryt Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
LiraT Price History (Tryt Price History)
Price Market Cap Volume Date
Coin LiraT
Comments
LiraT Price Today (Tryt Price Today)
Launched in November 2022, LiraT (TRYT) is an asset-backed token redeemable 1:1 for 1 Turkish lira. Issued by Token Teknoloji Anonim Åžirketi, this token is fully backed by Turkish lira on the blockchain at a 1:1 ratio and indexed to the price of Turkish lira. For every TRYT created, an equivalent amount of Turkish lira is held as collateral in the company's reserves. TRYT provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of geographical boundaries. Unlike fiat Turkish lira transaction limits in the market, there are no minimum transaction limits for TRYT. TRYT transactions are executed instantly and any amount of TRYT tokens can be converted to fiat currencies, ensuring quick and efficient transactions. TRYT is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As the demand for TRYT tokens increases, Token Teknoloji Anonim Åžirketi will add the equivalent amount of Turkish lira to its reserves for each TRYT token upon request from institutions wishing to meet their demand. This ensures that the 1:1 ratio between Turkish lira and TRYT is maintained whilst keeping the market in balance between supply and demand. And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of TRYT tokens from circulation when needed, ensuring a balance between TRYT and the Turkish lira. Thanks to this mint-and-burn mechanism, the price of TRYT is always in equilibrium with the price of the Turkish lira. Also read: Lamas Finance Lmf Price USD
Frequently Asked Questions (Crypto FAQs)
The current price of LiraT (TRYT) is USD 0.02864662
24 Hours, High Price of LiraT (TRYT) is USD 0.02873374 and Low price of LiraT (TRYT) is USD 0.02858605
The total supply of LiraT (TRYT) is 450000 and Circulating supply of LiraT (TRYT) is 0.00
The trading volume of LiraT (TRYT) is In the last 24 hours