$TRX is the 'gas fee' of the TRON blockchain, which can be used to pay transaction fees, transfer money, and buy things, just like WeChat Pay. The TRON chain emphasizes speed (2000 transactions per second) and low fees (a few cents), making it suitable for frequent small transactions, such as transferring money to friends or buying game items.

Payment tools: Supports both online and offline payment scenarios, allowing direct TRX payments or instant cross-border transfers.

Earn interest: Storing TRX can earn interest (similar to Yu'ebao), with an annual yield of about 5%-10%, and you can also vote to select 'TRON administrators' (super representatives).

Play DeFi and NFTs: You can use it for mining, buying NFT artworks, or collateralizing for loans (for example, using TRX as collateral to borrow USD stablecoins).

Token issuance: Ordinary people can also issue their own tokens on the TRON chain using TRX (for example, creating a fan token), with costs being dozens of times cheaper than Ethereum.

Advantages: Cheap and fast: Transferring 100 yuan costs less than 1 dime in fees, and it arrives instantly, which is much better than international bank transfers. Rich ecosystem: There are many things to play with (games, financial services, NFTs), and many projects will airdrop new tokens to TRX holders (getting new coins for free).

Disadvantages: High price volatility: It could be 1 yuan today and drop to 0.8 yuan tomorrow, so don’t hoard if you have a weak heart.