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Troy
About Troy
TROY is a cryptocurrency that powers the Troy Trade network, a global prime broker specialized in crypto trading and asset management. It provides crypto brokerage services for institutional clients and professional traders. The TROY coin is used as a medium of exchange within the Troy Trade network for transactions such as asset custody, spot trading, margin trading, and staking. TROY Trade handles transactions more quickly than Ethereum. Kira Sun is the co-founder of Troy Trade.
Troy (TROY) is a cryptocurrency functioning as a utility token for the Troy Trade platform, a global prime broker that offers a comprehensive suite of services tailored for institutional clients and professional traders. These services include spot and margin trading, derivatives, data analysis, asset custody, lending, and staking, all accessible through a single account. Troy Trade combines both centralized and decentralized elements to create a "smart hybrid trading platform" designed to streamline crypto trading and asset management.
The TROY token plays a central role within its ecosystem, acting as the medium of exchange on the Troy platform. It is used for several purposes, such as facilitating transactions, covering trading fees, accessing premium features, and rewarding participants in the Relayer network. The token is also involved in the synchronisation and broadcasting of orders, and is burned as a gas fee, contributing to the network's sustainability. Furthermore, TROY supports unconventional token trading pairs and provides incentives for brokers and other contributors to the ecosystem.