
Troy (TROY)
Key data
updated $0Troy (TROY) is the native token of Troy Trade, a crypto prime broker that offers trading, asset management and other financial services to both retail and institutional clients. Simply put, the project tries to be a one-stop shop for crypto trading, and TROY is the utility token that powers its ecosystem.
Frequently asked questions
What is Troy and how is it different from other crypto projects?
Troy Trade positions itself as a prime brokerage for cryptocurrencies, combining trading, custody, data and asset management in one platform. Unlike simple exchanges, it targets both individual traders and institutional clients, and the TROY token is used within this ecosystem for fees, services and incentives.
How does Troy's technology work?
The platform aggregates liquidity from multiple exchanges and venues so users can trade through a single account. The TROY token itself was issued as an ERC-20 token on the Ethereum network, which means transactions rely on Ethereum's proof-of-stake consensus rather than a separate Troy blockchain.
How is TROY token issuance structured?
TROY has a fixed maximum supply, with tokens allocated across the team, ecosystem development, investors and community incentives. A meaningful portion was distributed through public sales and community programs, while the rest is released gradually according to the project's vesting schedule.
How can I store and use TROY tokens?
Since TROY is an ERC-20 token, it can be stored in any Ethereum-compatible wallet, such as MetaMask, Trust Wallet or a hardware wallet like Ledger. Within the Troy Trade ecosystem, the token is used to pay for services, access features and participate in platform incentives.