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Buy Tellor (TRB)



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Tellor Price

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About Tellor (TRB)

Tellor is an oracle network founded in 2019. It utilises the proof-of-work (PoW) protocol to feed real-world data to blockchain-based smart contracts in a trustless and secure manner. Developers who want to feed data to smart contracts incentivise the PoW miners to perform the update.

The miners then compete with each other to solve the PoW puzzle to add the requested real-world information to the smart contracts. In this process, the developers use Tellor Tributes (TRB) as a means to incentivise the miners to perform their tasks. TRB is also a governance token of Tellor, meaning, TRB holders can vote on proposed updates to the network. Upon listing in late 2019, TRB was worth $1.28. 


How to Buy Tellor (TRB) in Australia

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Where is the best place to buy Tellor?

The best place to buy Tellor is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Tellor and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of Tellor determined?

The price of Tellor is determined by the forces of supply and demand in the market. Similar to other assets, the price of Tellor is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Tellor are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Tellor with credit card?

Swyftx does not allow you to directly buy Tellor with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Tellor instantly.

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

TRB Buys and Sells

By number of orders

44% Buy

Period: Last 24 hours

This should not be used to make investment decisions.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.