TRCL

Aspect	Information
Short Name	TRCL
Full Name	Treecle
Founded Year	2020
Main Founders	DoHyung Kim
Support Exchanges	PancakeSwap, SushiSwap, KuCoin, Gate.io, BitMart
Customer Support	Telegram: https://t.me/trcl_0601
	Kakao Talk: https://open.kakao.com/o/g4yKT7dc
	Kakao Talk: https://open.kakao.com/o/g5FAl7gc
	Twitter: https://twitter.com/TRCL_0601
	Navar: https://blog.naver.com/treecle

Overview of TRCL

Treecle (TRCL) is a form of digital currency that leverages blockchain technology for secure transactions and asset control. It works on a peer-to-peer network and employs cryptography to regulate the creation of new tokens and verify transactions. As per its design, Treecle is decentralized, meaning there's no central authority like banks or government institutions that have control over the currency.

It operates based on a system of “smart contracts”, which are self-executing contracts that have the terms of the contract directly written into lines of code. This advanced system introduces applications in different sectors, including finance and real estate, among others. While Treecle's performance and reception in the market have varied over time, it remains an active participant in the continuous evolution of the cryptocurrency arena. To obtain more information, you can visit their website: https://www.treecle.io and try to log in or register to use more services.

Pros and Cons

Pros	Cons
Utilizes Secure Blockchain Technology	Market Performance is Subject to High Volatility
Operates on a Decentralized Platform	Lack of Central Authority
Employs the Use of “Smart Contracts”	Features and Complexity
Applications Across Diverse Sectors	Dependency on Adoption

Pros of TRCL:

1. Utilizes Secure Blockchain Technology: Treecle operates on the backbone of blockchain technology - a distributed, immutable ledger that records all transactions securely. This gives TRCL a level of robustness and security that is inherent in blockchain technologies.

2. Operates on a Decentralized Platform: As a decentralized platform, Treecle is free from control by a single authority. This architecture democratizes financial control, and can lead to the development of decentralized applications (dApps) and services.

3. Employs the Use of Smart Contracts: “Smart contracts” are programmable digital contracts that execute themselves when certain conditions are met. This feature in Treecle makes it possible for a wide range of applications, beyond just monetary transactions, to be executed autonomously and reliably.

4. Applications Across Diverse Sectors: The use of smart contracts and the decentralized nature of the Treecle platform allow for its potential use in a wide range of sectors like finance, real estate, supply chain, and more.

Cons of TRCL:

1. Market Performance is Subject to High Volatility: Like other cryptocurrencies, Treecle's value can fluctuate wildly in a short period of time, which can lead to unpredictable market performance.

2. Lack of Central Authority: While the decentralized nature of Treecle can be advantageous, it can also make the system susceptible to misuse. Absence of a central authority subjecting it to rules and regulations can also make it prone to illicit activities.

3. Features and Complexity: The concept of blockchain and smart contracts can be complicated for some, making it a challenging task for some users to understand and use Treecle.

4. Dependency on Adoption: Treecles success is highly dependent upon its acceptance and adoption by stakeholders in various sectors. If it fails to achieve sufficient market penetration or acceptance, its utility and consequently its value could be limited.

What Makes TRCL Unique？

TRCL introduces a number of innovative characteristics that set it apart in the crowded field of cryptocurrencies. One notable innovation is its utilization of smart contracts, which are self-executing, programmable digital contracts that automatically trigger when predefined conditions are met. This technological adaptation allows for greater automation and reduces the need for intermediaries in various transaction types, including but not limited to, financial trades, insurance premiums, property law, and supply chain logistics.

In addition, while many cryptocurrencies operate in a decentralized system, Treecle takes it a step further by building a platform that not only facilitates currency exchange but is also designed to enable the hosting and development of decentralized applications (dApps). This feature broadens the potential usage of Treecle beyond pure financial transactions and opens up possibilities for its integration into a multitude of sectors, ranging from finance and real estate to supply chain and more.

How Does TRCL Work？

TRCL operates using blockchain technology, which is a decentralized platform allowing secure and transparent transactions. This technology employs a distributed ledger system where every transaction made is transparent to all parties within the network, preventing any single entity from having control or tampering with the transactions.

One of the key working principles of Treecle is the use of smart contracts. These are self-executing contracts with the terms of the agreement directly written into lines of code. Smart contracts automatically execute when the conditions specified in the contract are met. This eliminates the need for a third party in transactions, increasing speed, reducing cost, and ensuring trustworthiness.

Moreover, Treecle aims to serve as a platform for decentralized applications (dApps). It is designed to be more than just a medium for financial transactions but a space where developers can create and host applications that leverage the transparency, security, and speed of the underlying blockchain.

Market & Price

The circulating supply of TRCL is currently 0.99655 billion TRCL tokens. And the max supply is 1 billion. The price of TRCL has been highly volatile since its launch in 2020. The all-time high price of TRCL was around $0.2275, which was reached on April 5, 2021. However, the price has since fallen to $0.001437, as of February 16, 2024. This represents a decline of over 99.99%.

Exchanges to Buy TRCL

Here is a list of supported exchanges and storage wallets for TRCL.

• Gate.io: Gate.io is a centralized cryptocurrency exchange that supports the trading of a wide range of cryptocurrencies, including TRCL. It offers trading pairs with various other cryptocurrencies and fiat currencies. See this link for details on how to buy TRCL: https://www.gate.io/how-to-buy/treecle-trcl.

Step 1 - Create an Account on Gate.io

Create an account with Gate.io, or login to your existing Gate.io account.

Step 2 - Complete KYC & Security Verification

Ensure that you have completed KYC and security verification.

Step 3 - Choose your preferred method to buy TRCL

You can choose from Spot Trading, Onchain Deposit and GateCode Deposit.

Step 4 - Purchase successful

Your TRCL is in your wallet now. If you havent received your crypto, you may visit the Help Centre or ask reach out to the customer service team by live chat.

• SushiSwap: SushiSwap is another decentralized exchange (DEX) that operates on the Ethereum blockchain. It allows users to trade ERC-20 tokens, including TRCL.

• KuCoin: KuCoin is a centralized cryptocurrency exchange that supports the trading of a wide range of cryptocurrencies, including TRCL. It offers trading pairs with various other cryptocurrencies and fiat currencies.

• PancakeSwap: PancakeSwap is a decentralized exchange (DEX) on the Binance Smart Chain (BSC). It allows users to trade BEP-20 tokens, which are tokens on the Binance Smart Chain, including TRCL.

• BitMart: BitMart is a global cryptocurrency exchange that offers a variety of trading pairs, including TRCL. It provides a secure platform for buying, selling, and trading cryptocurrencies.

How to Store TRCL？

TRCL can be stored in a digital wallet. A cryptocurrency wallet is a digital software application that stores private and public keys and interacts with various blockchains to enable users to send and receive digital currency and check their balances.

1. Hardware Wallets: These are physical devices, similar to a flash drive, that you can store offline. They keep your assets secure even when plugged into a compromised machine.

2. Software Wallets: These are apps you can download on your phone or desktop offering high levels of security and various functions depending on the specific software. These can be either hot wallets, meaning they are connected to the internet, or cold wallets, meaning they're offline-storage for your coins.

3. Web Wallets: These are web-based wallets where your assets are stored online. Web-browsers make it easy to access your wallet from any device, although they are considered less secure due to potential vulnerabilities like hacking.

4. Paper Wallets: These are an offline and safe method to store assets. A paper wallet generates a public and private key on paper, which can be used to send and receive Treecle (TRCL).

How to Earn TRCL Coins？

Charging Station Reviews: Users can earn TRCL by leaving reviews of charging stations, evaluating factors like access, availability, device status, and nearby amenities. This incentivizes user feedback and helps improve the platform's data and user experience.

Community Revitalization: Engaging in activities that contribute to the platform's community, like sharing driving routes, finding partners, or reviewing restaurants/cafes, can potentially earn TRCL. This encourages platform engagement and community building.

Conclusion

TRCL is a digital cryptocurrency that operates on the principles of blockchain technology. The currency's innovative application of smart contracts and its ability to host decentralized applications (dApps) could result in a potential array of applications across diverse sectors.

The development prospects for Treecle largely rely on its adaptation and acceptance across the various sectors it can potentially operate in. Success in these areas could lead to an increase in demand for the coin, which in return could drive its value upward. Nevertheless, this should not be taken as a guarantee of profit as cryptocurrencies, including Treecle, are subject to high market volatility. Before you decide to invest in Treecle, careful research, consultation, and consideration of individual risk tolerance levels are encouraged.

FAQs

Q: How can I earn TRCL coins？

A: Users can earn TRCL coins by engaging in activities such as leaving reviews of charging stations or contributing to the platform's community.

Q: What is the circulating supply of TRCL？

A: The circulating supply of TRCL is currently 0.99655 billion tokens, with a maximum supply of 1 billion tokens.

Q: Where can I buy TRCL？

A: Gate.io, KuCoin, PancakeSwap, SushiSwap, and BitMart.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.