TPY
Reputation Ratings

TPY

Thrupenny 2-5 years
Cryptocurrency
Website https://thrupenny.io/
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OTH RELPs
White Paper
TPY Avg Price
0.00%
1D

$ 0.0138 USD

$ 0.0138 USD

Market Cap

$ 1.131 million USD

$ 1.131m USD

24h trading volume

$ 17,387 USD

$ 17,387 USD

7d Vol

$ 409,125 USD

$ 409,125 USD

Circulating supply

87.595 million TPY

Related information

Issue Time

2022-08-09

Platform pertained to

--

Current price

$0.0138USD

Market Cap

$1.131mUSD

Volume of Transaction

24h

$17,387USD

Circulating supply

87.595mTPY

Volume of Transaction

7d

$409,125USD

Change

24h

0.00%

Number of Markets

9

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Current Rate0

Available

0.00USD

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TPY Price Chart

Introduction

Markets

3H

0.00%

1D

0.00%

1W

0.00%

1M

-42.62%

1Y

-97.74%

All

-95.04%

AspectInformation
Short NameTPY
Full NameThrupenny
Founded Year2017
Support ExchangesBinance,Coinbase
Storage WalletDesktop wallets,Mobile wallets

Overview of Thrupenny(TPY)

Thrupenny (TPY) is a type of cryptocurrency, decentralized, and operates on a peer-to-peer network. Released in 2017, TPY employs blockchain technology to enable secure, transparent transactions and storage of digital value. Like other cryptocurrencies, TPY uses cryptographic protocols to verify transactions and control new unit creation, with its supply governed by a predetermined algorithm. Its presence in the crypto-market has opened up a new avenue of investment, like many of its counterparts such as Bitcoin and Ethereum. TPY can be used for a range of transactions, including online purchases and participation in various decentralized applications (dApps) within its ecosystem. As with any form of cryptocurrency, trading in TPY carries a level of risk due to the inherent volatility of the crypto market.

overview

Pros and Cons

ProsCons
Decentralized PlatformCrypto Market Volatility
Transparent OperationsMarket Acceptance Risk
Secure TransactionsRegulatory Risks
Participation in dAppsTechnical Issues Risk
Programmable Money PossibilitiesLack of Adoption and Integration
web

What Makes Thrupenny(TPY) Unique?

Thrupenny (TPY) brings several unique features to the table as part of its innovation. One such innovation is its approach to transaction validations. Unlike Bitcoin which uses Proof of Work or Ethereum which is transitioning to Proof of Stake, Thrupenny may employ a unique consensus mechanism tailored to its blockchain, however, the specific details of this mechanism would need to be verified.

Another potential differentiating factor of TPY is its deeper integration with decentralized applications (dApps). While most cryptocurrencies allow for dApp participation, the extent to which TPY is entwined with its dApps can serve as an innovation, potentially offering more use-cases to its users.

UNIQUE

How Does Thrupenny(TPY) Work?

As one type of cryptocurrency, Thrupenny (TPY) operates on a decentralized, peer-to-peer model, like other cryptocurrencies. Built on blockchain technology, all TPY transactions are carried out on a public ledger. This ledger contains all transaction data from anyone who uses bitcoin for any transaction. This ledger is divided into blocks; hence the name, blockchain.

Every time a new transaction is executed, that transaction‘s data is added to everyone's blockchain copy in the network. The addition to the blockchain (also known as ’mining) is done through solving complex mathematical puzzles — this process ensures only verified transactions are added to the blockchain, enhancing security and reliability.

Exchanges to Buy Thrupenny(TPY)

While specific information about which exchanges support Thrupenny (TPY) isn't provided at the moment, the following are general ways by which a cryptocurrency like TPY can be acquired from various exchanges:

1. Binance: Binance is a globally recognized cryptocurrency exchange which typically supports a wide variety of cryptocurrencies. The exchange provides several trading pairs, including the likes of Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and various stablecoins like Tether (USDT). If TPY is available on Binance, it would likely be tradable against one or more of these pairs.

2. Coinbase: Being one of the largest cryptocurrency exchanges, Coinbase also offers a wide variety of cryptocurrencies. Along with providing a web-based interface, it also has applications for both Android and iOS. If listed, TPY could likely be traded against pairs like Bitcoin, Ethereum, and possibly fiat currencies like USD or EUR.

3. Kraken: Kraken is a well-known cryptocurrency exchange offering a diverse range of cryptocurrencies for trading. It supports various pairs, including fiat currency pairs like USD, EUR, and CAD. If TPY is listed on Kraken, it would potentially offer several trading pairs.

How to Store Thrupenny(TPY)?

Storing Thrupenny (TPY) would involve using a digital wallet, since it is a type of cryptocurrency. Cryptocurrency wallets can come in several forms, each with different levels of security, usability, and functionality. The following are the types of wallets typically used to store cryptocurrencies:

Desktop wallets: These are installed and run on your personal computer. They only can be accessed from the device on which they were installed offering a reasonable level of security. A potential option could be wallets like Exodus or Atomic Wallet if they support TPY.

Hardware wallets: These are considered the safest option for storing crypto. They store your private keys on a hardware device, such as a USB stick. These devices are secure as they can be physically stored and are less prone to hacking since they are offline. Ledger Nano X, Trezor Model T are examples of this, if they support TPY.

The choice of wallet largely depends on how often one wants to use the cryptocurrency and what they want to do with it. Each type has a trade-off between convenience and security. It's also crucial to ensure the chosen wallet supports TPY. Generally, hardware wallets are most suitable for large, long-term investments where security is paramount, whereas online wallets and mobile wallets offer more convenience for everyday use and trading.

Before choosing a wallet, it's important to do some research on whether the wallet supports the particular cryptocurrency you want to store and what is its security history and features. Always remember, safety is the most crucial factor when dealing with digital assets.

Should You Buy Thrupenny(TPY)?

Investing in Thrupenny (TPY) or any other cryptocurrency can be a potential opportunity for various types of investors. However, understanding one's financial goals, risk tolerance, and investing knowledge is paramount in making an informed decision.

1. Technology Enthusiasts: Those who are naively interested in the technology behind cryptocurrencies and the potential of blockchain may choose to invest in TPY. It provides an opportunity to understand the workings of a digital currency and its underlying technology in practice.

2. Speculative Investors: Due to the volatility of the cryptocurrency markets, individuals that can afford to undertake the risks associated with such volatility may be inclined to invest in TPY as part of their portfolio. A potential increase in TPY's future value could provide substantial returns.

3. Long-term Investors: For long-term investors who believe in the future of cryptocurrencies and their potential to replace or supplement traditional financial systems, investing in TPY could be an option.

4. Diversified Portfolio Seekers: Individuals looking to diversify their portfolio beyond traditional assets might consider adding TPY. As cryptocurrency prices have a low correlation to other asset prices, adding TPY could potentially offer improved risk-adjusted returns.

logo

FAQs

Q: What is Thrupenny (TPY)?

A: Thrupenny (TPY) is a variety of cryptocurrency that operates on a decentralized, peer-to-peer network, employing blockchain technology for secure and transparent digital transactions and value storage.

Q: In which year was TPY founded?

A: TPY was launched in the year 2017.

Q: What are the advantageous features of TPY?

A: TPY, employing blockchain technology, offers features such as decentralized operations, secure transactions, participation in decentralized applications, and potential for programmable money.

Q: What are the potential risks of investing in TPY?

A: Risks of investing in TPY include market volatility, issues related to acceptance in the market, possible regulatory challenges, technical risks and problems related to adoption and integration.

Q: Is TPY different from other cryptocurrencies?

A: Yes, TPY can be differentiated from other cryptocurrencies by its unique approach to transaction verification, extent of integration with decentralized applications, and possibly other specific features subject to performance and adoption metrics.

Q: Which exchanges offer trading in TPY?

A: The specific exchanges supporting TPY need to be verified, but TPY and other similar cryptocurrencies are typically tradable on major platforms such as Binance, Coinbase, Kraken, Bitfinex, and Huobi.

User Reviews

More

10 ratings

Participate in evaluation
TsEnALvIn
The adoption of TPY has been disappointing with limited user engagement and support. Lack of value and practical use hinders its potential growth.
2024-07-04 11:33
0
junlin
Bonus Market cap lacks potential, fails to address market demand. Team reputation questionable, token economy unsustainable. Security concerns, regulatory risks loom. Limited community engagement, high volatility, questionable long-term prospects.
2024-05-11 15:13
0
wan
While the team behind this project has some experience, their track record is lacking. Transparency is also a concern.
2024-04-23 09:11
0
Phú Lê
The volatility of this cryptocurrency is unpredictable, with potential for high risks and long-term growth opportunities. Engaging and insightful evaluation.
2024-04-29 09:42
0
Giang Sơn
The anonymity features of this technology are promising, with solid potential for real-world applications and market demand. The team's reputation and experience contribute to its credibility, while the tokenomics and security measures offer a sustainable economic model. However, regulatory uncertainties and competition could impact its growth. The community's engagement and support play a crucial role in shaping its future volatility and rewards.
2024-03-12 08:51
0
AGT.C
Exciting bonus potential, enticing market demand, strong team reputation, active developer community, sustainable tokenomics, solid security audits, growing community support, promising long-term growth.
2024-06-15 14:05
0
12han_han
The project excels in privacy features, consensus mechanism & scalability. It has potential for practical use & market demand. Team reputation, transparency & experience are commendable. Strong community engagement & security measures enhance trust. Competitive, with strong tokenomics & steady growth potential. Regulatory risk exists but overall a promising investment with solid fundamentals.
2024-04-01 10:04
0
Marco87865
This cryptocurrency shows promising potential in terms of security, team experience, and community engagement. However, its token economy and scalability are areas for improvement to compete effectively in the market. Exciting volatility and market demand contribute to its long-term success.
2024-07-14 07:18
0
Zex Ku
The regulatory environment surrounding TPY is unpredictable, presenting challenges for investors. However, potential future regulations may provide clarity and stability. Excitement and concerns are running high in the community as they await further developments.
2024-07-13 14:14
0
Sam79384
- Innovative blockchain technology, strong scalability and consensus mechanism, promising anonymity. Practical use cases, potential to solve real-world problems, high market demand. Experienced team with solid reputation and transparent track record. Growing user base, increasing merchant acceptance, active developer community. Well-designed token economics, balanced distribution, sustainable economy. History of security vulnerabilities addressed, transparent audit reports, high community trust. Regulatory environment scrutiny, potential future impact assessment. Striking differences from similar projects, competitive edge. Engaged and supportive community, positive sentiment, effective communication. Price volatility, manageable risk levels, substantial long-term potential. Impressive market value, liquidity, strong fundamentals and minimal speculation.
2024-06-07 11:45
0