Hello steemains, hope you all are having a nice time this season. In fulfilment of the steem crypto challenge, I will like to talk about Trons, a crypto currency I am into aside Steem.
Introduction
Crypto currency has become the order of the day and obviously the future we were all hoping for. I got to know about crypto currencies in 2016. Then bitcoin was invoke, but I was very skeptical about investing, thus I waived it away. Again in July 2020, a friend introduced me to tron and urged me to give it a trial. This led me to buying 500 worth of trons (TRX) for #8,000 and subsequently joined the superseidge tron community. To discuss more about trons.
What is Tron (TRX)
Tron is a type of cryptocurrency and a blockchain based decentralized protocol that constructs worldwide free content entertainment system with the block chain and distributed storage technology.
How to Buy Tron.
You can buy trons from a family or friend who have the tron coins for sell by sending them your wallet address to fund your wallet. Also, you can buy tron through the following method,
- Acquiring a bitcoin or ethereum through coin base( the largest bitcoin broker).
- Register with the binance.
- Import the funds and buy tron coins.
How to store your trons.
Trons can be stored in two different ways. Either by hardware or mobile wallets.
Each of this storage methods has its own benefits as well as risk.
For those who are new and with an intention to invest small, it is advisable to use the mobile wallet.
Mobile wallets
Merits- It is easy to use and provide instant access.
Demerits- It is prone to scammers and can be easily hacked.
Hard ware wallet.
Merits-They are more secure compared to mobile wallets.
Demerits- They are physical and needs to be protected from risk.
The Current worth of trons.
As of today, the price of trons is 0.028658 USD (-28.39%) with a 24 hour trading volume of $1,873,943,209. It has a circulating supply of 72 billion coins and a max supply of 101 billion coins. The most active trading market for tron is binance.
According to predictions, the value of the tron coin might increase to $0.035 by end of 2020 and might rise to $0.15 in 2021 making it a good currency to invest.
Wow. This is a whole lot of tron. I know that during the rise of bitcoin TRX also increased in value from 12 naira to 17 naira.
It may not sound as much but there's hope in that coin and I know that no one is underrating the coin as at now.
Well if it indeed has a steady rate of increase then it's definitely a good long term investment.
Don't forget to share this wonderful article on Twitter and include a screenshot and link in the comment section of this post.
#twopercent #nigeria
❤️❤️❤️❤️
Becky.
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There are platforms that also allow you to invest Tron and give you a good returns based on the interest rate. I have invest in a lot of platform like that and multiple my tron but I must also say this that you have to be careful and examine the platform before investing your money into it.
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Yes, thats true . But life is risk, so we can only keep trying .
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The future of tron is really high and I see if taking the world by storm in the coming years if only people can keep believing in it more.
#I-AM-MANDATE
#onepercent #twopercent #nigeria #affable
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@ mandate, exactly, tron is really going high.
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Tron is fast growing and I envinsage it to be in the top 10 list of cryptocurrencies by 2022.
Nice entry @onyinnenna, i learnt something new from your entry.
#twopercent #nigeria
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@iamlynxie, thanks so much. Obviously crypto currency is now the order of the day and trons is not an exception.
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Yes very true, you are welcome.
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Thank you for taking part in the Bitcoin is Booming Crytpo Challenge.
Keep following @steemitblog for the latest updates.
The Steemit Team
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Thanks so much @steemcurator01
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