What is the current price of TrueFi (TRU)?

The current price of TrueFi (TRU) is 0.05187944987867725 AUD, representing a -1.35 from the day prior.

Can I buy TrueFi (TRU) on Coinstash?

Yes - you can easily buy and sell TrueFi (TRU) on Coinstash. Simply login or sign up, to start buying TrueFi (TRU) in minutes.

Where is the best place to buy TrueFi (TRU) in Australia?

The best place to buy TrueFi (TRU) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell TrueFi (TRU) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of TrueFi (TRU)?

The trading volume of TrueFi (TRU) is 21.8M AUD in the last 24hrs, representing a -1.35 from the day prior.

How can I buy TrueFi (TRU)?

TrueFi (TRU) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of TrueFi (TRU)?

The current market cap of TrueFi (TRU) is 66.0M AUD.

Can I convert TrueFi (TRU) to cash?

Yes - With Coinstash you can convert your TrueFi (TRU) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many TrueFi (TRU) are there?

The current circulating supply of TrueFi (TRU) is 1.3B.

Is Coinstash a safe place to buy TrueFi (TRU) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling TrueFi (TRU) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy TrueFi (TRU)

What is TrueFi?

TrueFi is a decentralised lending protocol that offers uncollateralised lending services, allowing institutional-grade borrowers to secure loans without needing collateral. It operates under a decentralised autonomous organisation (DAO) model, where TRU token holders govern the protocol and manage key decisions.

How does TrueFi work?

TrueFi is built on the Ethereum blockchain, employing a hybrid DAO model that uses a combination of on-chain and off-chain elements. It operates on a Proof of Stake (PoS) consensus mechanism for governance and decision-making. The platform utilises an on-chain credit-rating system, smart contracts for managing lending pools, and TRU staking pools, which are used for borrower onboarding, loan approval, and protocol governance.

What are the potential use cases for TrueFi?

TrueFi's potential use cases include:

Providing uncollateralised lending services for institutional investors.
Offering liquidity provision for decentralised exchanges and automated market makers.
Facilitating staking for governance and voting rights.
Supporting lending pools for stablecoins and other assets.
Delivering credit scoring and assessment for borrowers.

What is the history of TrueFi?

TrueFi was launched by TrustToken on November 21, 2020, as the first uncollateralised DeFi lending platform. It was initially funded via SAFT token sales in 2018, raising over $31 million. The platform expanded to support multiple stablecoin assets by June 2021 and has formed partnerships with major institutions and data partners. TrueFi has also completed significant funding rounds and has progressively decentralised, allowing TRU holders to govern its future through on-chain voting.