We have been following the Tron cryptocurrency since 2017 as one of the potential growth leaders. Our predictions have been confirmed at the end of the year, investment in TRX would bring investors some profits. Tron is still in the top ten of the world’s largest cryptocurrencies by CoinMarketCap (capitalization over $2 billion).
News from the cryptocurrency Tron in mid-2018
The biggest challenge in the middle of the year 2018 is the migration of tokens from Ethereum ERC-20 technology to the native technology of the cryptocurrency Tron. Fortunately for investors who keep their funds on stock exchanges, the transfer will be made automatically on most major exchanges. This procedure has been confirmed by e.g. Binance. So, does it encourage us to expect positive impact on the TRX course? June’s handling has been successfully conducted.
What to expect from cryptocurrency with potential, is Tron coin one?
One of the main reasons why it is worth considering investing in the Tron cryptocurrency is access to the Chinese investment market in blockchain. Bitcoin and other cryptocurrencies will remain in the financial world for a long time. It is safe to assume that this eastern landscape the crypto ecosystem will develop jointly between Tron and Neo. These two would be also the largest exposures for research and experiments in blockchain’s China. In short, TRX and NEO are the shortest way to locate resources in Chinese blockchain.
Cryptocurrency Tron is a Chinese project of a decentralized protocol, aiming to provide a global commerce (applications, services) and entertainment system based on free access to data (movies, music, content, etc.). Data stored in a blockchain-based system and distributed data storage would ensure freedom in the publication, storage and ownership of content. A new approach to digital content, the potential of this project was already appreciated by early investors and cryptocurrency Tron in 2017 and early 2018. Nowadays, according to CoinMarketCap, TRX was in 11th place in the cryptocurrency ranking.
How to buy Tron coin?
Tron (TRX) is available on cryptocurrency exchanges in Asia: Binance.com (largest turnover relative to popularity), OKex or many others. How to buy Tron on the largest cryptocurrency market step by step?
- Register a free account on the Binance
- Deposit cryptocurrencies: BTC or LTC, ETH, one that allows cheap and fast transfer
- Find the TRX/BTC or TRX/USDT currency pair and buy Tron, make sure you have discounted fees
- Transfer cryptocurrency to secure wallet if possible
If you do not have cryptocurrencies yet, it’s easy to get them by buying them on stock exchanges that allow you to top up your account with wire or electronic cash transfer: BitBay or BitMarket. If you want to follow the experienced cryptocurrency users right from the start and take care of your anonymity, Bitcoins should be acquired without giving up too much personal details.
Is Tron price going up in the long term?
Well, nobody knows the exact future of this interesting project. If you are going to invest your money in TRX, make sure you work out your personal investment framework, which allows you to follow news from the industry and from team leading Tron. Keep in mind that you are investing not only in blockchain cryptocurrency, hoping for value to go up, but also in wide blockchain industry, so it is investment in technology portion of portfolio. It is worth having exposure to fresh and promising technologies.