Introduction to TRMX (TourismX Token)
TRMX, or TourismX Token, is a cryptocurrency project designed to serve the global tourism industry. Launched in 2022, it operates on the BNB Smart Chain (BEP20) platform. The TourismX project plans to raise funds through the TRMX token and invest in carefully selected tourism projects worldwide.Once the project becomes profitable, a portion of the profits (up to 50%) will be used to repurchase TRMX tokens from the market and lock them in a treasury to reduce the circulating supply, with the aim of positively impacting the price of the TRMX token.
On which exchanges is TRMX listed?
As of this writing, TRMX has not been widely listed on major centralized cryptocurrency exchanges (CEXs) for direct spot trading. This means users cannot purchase TRMX directly with fiat currency or major cryptocurrencies on these large exchanges, as they can with Bitcoin or Ethereum.
- Centralized Exchanges (CEX) Status:
- Binance (Binance): Binance explicitly states that TRMX has not yet been listed on its centralized exchange (CEX) for trading or related services.
- Crypto.com: Although Crypto.com displays TRMX prices and market data and mentions that it can be traded via its “Onchain” decentralized product, this does not refer to direct spot trading on its main trading platform.
- Coinbase: Coinbase also provides TRMX price information and prompts users to create an account to buy and sell. However, its data shows that TRMX has a circulating supply of 0 and a 24-hour trading volume of 0, indicating that there is no active TRMX spot trading on its main trading platform.
- Bitget: Bitget states that TRMX has not yet been listed and advises users to monitor its announcements for the latest listing information.
- KuCoin: KuCoin also notes that TRMX has not yet been officially listed on its platform.
- Decentralized Exchanges (DEXs) and P2P Markets:
- Since TRMX is based on the BNB Smart Chain, users can swap tokens via decentralized exchanges (DEXs) that support the BNB Smart Chain. For example, the Binance Web3 wallet provides a guide on how to exchange stablecoins (such as USDT) for TRMX via a DEX.
- Some peer-to-peer (P2P) trading platforms, such as Symlix, may support the buying and selling of TRMX.
- CoinCarp’s tracking data also indicates that while TRMX may not currently be available for purchase on cryptocurrency exchanges, it can be acquired through over-the-counter (OTC) transactions from other traders; however, this method carries significant risks.
How do I buy and sell TRMX?
Since TRMX has not yet been widely listed on mainstream centralized exchanges, the following are the primary methods for purchasing and trading it at this time:
Buying via Decentralized Exchanges (DEXs)
This is currently the primary way to acquire TRMX and typically involves the following steps:
- Create and set up a Web3 wallet: Choose a Web3 wallet that supports the BNB Smart Chain, such as MetaMask, Trust Wallet, or the Binance Web3 wallet.
- Acquire base cryptocurrencies: Purchase BNB or stablecoins (such as USDT or USDC) on a centralized exchange (e.g., Binance, Coinbase, etc.), then withdraw them to your Web3 wallet. Be sure to select the BNB Smart Chain (BEP20) network when withdrawing.
- Connect to a DEX and make a swap:
- Open your Web3 wallet and connect to a decentralized exchange (DEX), such as PancakeSwap (the leading DEX on the BNB Smart Chain).
- On the DEX trading interface, select the BNB or stablecoin in your wallet as the “Payment” token, then select TRMX as the “Receive” token. You may need to manually enter the TRMX contract address to find it.
- Enter the amount of TRMX you wish to purchase or the amount of the base token you wish to spend, review the transaction details (including the slippage tolerance), then approve and execute the swap.
- Please note that DEX transactions incur network fees (Gas Fees), which are typically paid in BNB.
Trading via Peer-to-Peer (P2P) Marketplaces
Some P2P marketplaces may allow users to buy and sell TRMX directly with other users. This method involves dealing with individuals rather than an exchange, so you should exercise greater caution to guard against the risk of fraud.
Important Notes
- Risk Warning: The cryptocurrency market is highly volatile. As TRMX is a token not yet widely listed on major exchanges, its liquidity may be low, and it is subject to greater price volatility risks. Be sure to conduct thorough research and understand all relevant risks before investing.
- Contract Address: When trading on a DEX, be sure to verify the correct TRMX contract address to avoid trading counterfeit tokens.
- Transaction Fees: Trading on a DEX incurs network fees (Gas Fees) and DEX platform fees.
