Exchange Tornado Cash
If you're looking to swap Tornado Cash, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is Tornado Cash, or some fresh information about TORN’s price movements. And, of course, we provide you with multiple Tornado Cash exchange options so that you can choose the offer with the best rates and lowest Tornado Cash fees, as well as other parameters that suit you.
Tornado Cash price chart
Here you can see the current price of Tornado Cash, as well as Tornado Cash price history.
Tornado Cash price stats
To help you make a decision about exchanging your Tornado Cash, we gathered some cold hard numbers: Tornado Cash price chart and other stats, such as Tornado Cash market cap.
24H HIGH $9.02594305
MARKET CAP $87 446 524.8860952
CIRCULATING SUPPLY 9 999 997.526815 TORN
24H LOW $8.42225113
TORN PRICE $8.74465465
24H VOLUME $116 360.3837361725
What is Tornado Cash?
What is Tornado Cash (TORN)?
Tornado Cash (TORN) is a privacy-focused cryptocurrency protocol designed to enhance transaction anonymity on the Ethereum blockchain. Launched in 2019 by Roman Semenov and Roman Storm, Tornado Cash enables private transactions, addressing one of the core issues in the crypto space: lack of privacy.
Tornado Cash project milestones
- Launch of Tornado Cash: Tornado Cash officially went live in December 2019, introducing a decentralized way to send anonymous transactions on Ethereum.
- TORN Governance Token Release: In December 2020, the project launched its governance token, TORN, allowing token holders to propose and vote on changes.
- Full Decentralization: By May 2020, Tornado Cash achieved complete decentralization, ensuring community-based control without a central authority.
- Implementation of zk-SNARKs: Tornado Cash integrated zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) to bolster transaction privacy.
- Ecosystem Expansion: Throughout 2021, Tornado Cash expanded its services to support multiple ERC-20 tokens.
Stay updated with the latest Tornado Cash (TORN) news, as any update may significantly affect the TORN price. Learn more about the protocols involved in a Tornado Cash (TORN) swap to understand its potential impact.
Tokenomics of TORN
Tornado Cash (TORN) is built on the Ethereum blockchain as an ERC-20 token. It was issued to enable governance, incentivize ecosystem contributions, and reward early adopters. TORN serves the Tornado Cash (TORN) exchange and other financial activities within its network. The total supply of TORN is capped at 10 million tokens.
Key features of Tornado Cash (TORN)
The innovative aspects of Tornado Cash make it a noteworthy project in the crypto industry, pushing the boundaries of transaction privacy.
- Decentralization: Tornado Cash maintains full decentralization, allowing users full control over their actions without intermediaries.
- Zero-Knowledge Proofs: zk-SNARKs technology enhances security by enabling transactions without sharing complete information.
- Multi-Currency Support: The protocol supports multiple ERC-20 tokens, broadening its utility.
- Governance Model: Community-driven governance ensures that TORN holders participate in decision-making.
Use cases of Tornado Cash include:
- Enhancing transaction privacy for individuals and organizations.
- Securely handling sensitive financial data to protect user identity.
- Providing anonymity for charity donations.
- Minimizing risk in peer-to-peer transactions.
The average fees on the Tornado Cash Network
The average gas fee on the Tornado Cash Network is around $5 to $10 USD, although prices vary based on network congestion. Remember to factor in this cost when using the Tornado Cash (TORN) exchange.
The TORN token wallets
- Metamask: An easy-to-use Ethereum wallet for storing TORN and other ERC-20 tokens.
- Trust Wallet: Provides a secure, decentralized, and anonymous way to store your TORN tokens.
- MyEtherWallet: A web-based platform for interacting with the Ethereum blockchain, including holding TORN.
- Ledger Nano S: Offers a hardware solution for securely storing TORN offline.
- Coinbase Wallet: Known for its user-friendly mobile app, allowing for effortless storage and management of TORN.
Are you looking to make the most of Tornado Cash? Utilize the comprehensive features of Tornado Cash (TORN) to secure your trading activity and protect your privacy. Now is the perfect time for a Tornado Cash (TORN) swap on SwapSpace—explore its potential and capitalize on exciting TORN exchange rate opportunities. Whether you want to use the Tornado Cash (TORN) converter or analyze the Tornado Cash (TORN) price chart, SwapSpace provides the optimal platform for all your trading needs.
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A simple way to exchange Tornado Cash here at SwapSpace
Choose a pair
To help you make a decision about exchanging your TORN, we gathered some cold hard numbers: TORN price chart and other stats, such as TORN market cap.
Select the best rate
You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.
Transfer funds
Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
Receive your coins
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.
Frequently asked questions
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