Tronix (TRX) is a Tron Foundation’s cryptocurrency. It was launched in 2017 and was initially an ERC-20 token. However, migrated onto its own blockchain at the end of June 2018. One of the most popular questions of TRX lovers is how to invest in TRON. Well, first things first!
Tron Foundation Limited is based in Singapore, was founded by Justin Sun (CEO), and has offices around the world. The project is considered to be a promising market player in the field of Chinese technology & blockchain. For example, it was listed in the ‘30 under 30’ ranking by Forbes China in 2015.
It’s a project with a goal of becoming one of the largest blockchain platforms worldwide, with the help of which it will be possible to decentralize various centralized apps. Tron Foundation itself strives to create a new, decentralized Internet.
In addition, Tron would like to enable other companies to create dApps on their blockchain. An aggressive marketing strategy allowed Tron to become one of the best-known cryptocurrencies within a very short time. That’s why a lot of people wonder how to invest in TRON cryptocurrency. Today, we’re going to find out!
How to Invest in TRON Cryptocurrency: Best Place to Buy TRX
Where is the best place to buy TRX crypto? How to invest in TRON digital currency safely? Let’s try to find out! Today, there are a lot of different providers and platforms on which you can buy the TRX cryptocurrency. However, there are more and more headlines devoted to hacks of another large crypto exchange. Due to the attacks, millions of dollars are stolen, users lose their money. That’s why each investor is afraid of becoming a victim of a hacker attack.
Thus, it’s so important to use a safe, regulated, and trustworthy platform that will protect your invested capital. If you’re interested in buying the crypto safely, you should definitely think about doing this at Switchere. On our platform, you have an opportunity to buy and sell TRX in the fastest and most convenient way. Moreover, we offer some surprising bonuses! Users of our platform enjoy a 0% service fee for the first order. Feel free to use our services!
How to Invest in ICO TRON: Invest in TRON or Not?
Once we’ve found out how to invest in TRON coin, let’s move on. Should you buy TRON? Or better not? We summarize key pros and cons of investing in TRX.
In recent years, a lot of global projects are based on platforms such as YouTube or Spotify, where artists promote and sell their products. The TRON (TRX) cryptocurrency is investing in exactly these distribution platforms.
With TRON, creative people will have more power of disposal over the marketing of their products and a larger share of sales as well. Similar to Bitcoin bypassing a middleman bank, TRON is bypassing a platform operator, who has so far determined which content is viewed particularly frequently on the Internet.
In order to achieve this, it should be possible to create and execute dApps and smart contracts on the TRON blockchain. This approach is quite similar to Ethereum.
In the news, TRON has been regularly criticized. Among other things, it became known that TRON didn’t write some parts of its whitepaper itself, but freely adopted sections of other whitepapers. Lines of code were also copied without any reference to their authors.
How to invest in ICO TRON? Is it really worth it? Well, TRON entered the top 10 most successful cryptocurrencies according to Coinmarketcap. TRON was able to collect 70 million US dollars through an ICO. During the crypto boom phase in 2017, the cryptocurrency reached a price level of $0.23 per coin. If you compare the current price, there is a lot of significant growth potential for the still-young cryptocurrency.
How to Invest in TRON Digital Currency: Final Conclusions
How to invest in TRON? So should you buy TRON? From our point of view, a lot of negative feedback speaks against this. In any case, we never advise large long-term investments. In the short term, you can certainly make sales with small sums in trading. If you want to try TRX trading, you should follow the TRON news regularly in order to be able to make your own sound decisions.
TRON is an exciting project that has yet to prove itself. Today, there is well-founded criticism of the company that doesn’t speak in favor of a large investment in the cryptocurrency. On the other hand, we think that smaller investments may take place.
If you want to buy TRON, you can do it with bitcoins and with real money as well. And you can choose among the most popular payment methods, such as credit cards, instant money transfer, Bitcoin, and even PayPal.
How to invest in TRON cryptocurrency? What other ways do you know? Feel free to share your knowledge in the comments!