Launched in November 2022, LiraT (TRYT) is an asset-backed token redeemable 1:1 for 1 Turkish lira. Issued by Token Teknoloji Anonim Şirketi, 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 Şirketi 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.
Daily trade volume is 135.43 CNY.
The LiraT price today in CNY is 0.219624. Through the LiraT price history, the price ranges from 0.280445 CNY (all time high) to 0.211998 CNY (all time low). LiraT price last 24 hours fluctuated from 0.222138 CNY (24h high) to 0.219248 CNY (24h low).
Check the LiraT value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://www.token.com.tr/en/reserve-tokens/lirat-tryt/
Block explorers: https://avascan.info/blockchain/c/address/0x95E376390F472fcaA21995169E11D523954b3bbb/token https://polygonscan.com/token/0x95e376390f472fcaa21995169e11d523954b3bbb
Forums: https://www.instagram.com/tokencomtr/
Reddit: https://www.reddit.com
Twitter: https://twitter.com/tokencomtr/
LiraT live price may differ in various exchanges. Check TRYT real-time data to make informed decisions.
You can buy LiraT on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell TRYT at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT LiraT trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of LiraT and trade with REVENUEBOT in less than a second.
In short, only if the current value of LiraT will be less than the value of LiraT at the moment of selling in the future. The LiraT chart can only assist the LiraT value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current LiraT value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the TRYT supply. Check the LiraT live chart to see the current supply and predict how long it will take for the coins to run out.
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