Cryptocurrencies are volatile, so it’s hard to make an exact prognosis. However, you can read our Tellor price prediction to see what the experts say in their trb’s forecasts.

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Exchange Tellor (TRB)

If you're looking to swap Tellor, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Tellor or some fresh information about TRB’s price movements. And, of course, we provide you with the multiple Tellor exchange options so that you can choose the offer with the best rates and lowest Tellor fees, as well as other parameters that suit you.

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Tellor Price Stats

To help you make a decision about exchanging your Tellor, we gathered some cold hard numbers: Tellor price chart and other stats, such as Tellor market cap.

24H HIGH $42

TRB MARKET CAP $94,974,229.423

CIRCULATING SUPPLY 2,393,503.766 TRB

24H LOW $37.85

TRB PRICE $39.68

24H VOLUME $1,428,434.472

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Tellor Price Chart

Here you can see the current price of Tellor, as well as Tellor price history.

What is Tellor?

Tellor Tribute (TRB) is a utility and governance token powering Tellor – a blockchain oracle service that provides a way to bring off-chain data to the chain to be used by dApps in DeFi space. Tellor was launched in 2019.

Typically, blockchain is a closed system, accepting only the information that already lives on-chain. But developing and executing truly useful smart contracts often requires data from the “outside world” like current exchange rates, otherwise, their utility is quite limited. Tellor as an oracle solves this problem by letting users request data and putting it on the chain using a trustless network, which incentivizes adding honest data. The network is secured using Proof-of-Work (PoW) protocol and staking.

To make a request, TRB token holders add TRB “tips” to the data types they want to update. Every five minutes tips are tallied up and 5 requests that received the most funding are put together into a block for mining. The first five miners to provide both the PoW challenge solution and the requested data itself get rewards. Half the tips are divided between the 5 winning miners, while the other half is burned, which helps maintain scarcity. A TRB holder can then dispute the data (for a fee) if necessary, after which other holders can vote on the dispute. The token is also used for governance.

A Simple Way To Exchange Tellor Here At SwapSpace

Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 900 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2

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.

Step 3

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!

Step 4

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.

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