How to start trading TRON with Capital.com?
To start investing in TRON with Capital.com, Open Capital.com CFD Account and log in to the Capital.com Official Website.
Then you need to make a deposit to your account before starting trading TRON.
You can log in to Capital.com platform to trade TRX Contracts for Difference (CFD) anytime, anywhere.
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What is TRON? What is cryptocurrency?
TRON or TRONix is the cryptocurrency used on the TRON network, which aims to build a content distribution platform in the digital entertainment industry. Cryptocurrencies can be divided into the following two types: one is public tokens, which are used to obtain service usage rights for projects and security tokens or to replace the value of the underlying asset; the other is payment tokens, such as Bitcoin. Encrypted currency is a digital asset that serves as a medium of exchange. Encryption technology is used to ensure the security of transactions, control supply and guarantee transfers. In short, cryptocurrency is a decentralized electronic currency. All kinds of cryptocurrencies can be stored in “electronic wallets”. You can store TRON coins in online or offline electronic wallets, and even store them in hardware.
Why invest in TRON?
TRON/TRON is a decentralized protocol that applies blockchain technology and aims to become a content distribution platform for the digital entertainment industry. Its founder is Justin Sun. The circulating currency of the TRON network is TRON (TRX), often referred to as TRON or TRONix.
TRON currency (TRX) is mainly used to purchase content on the TRON network. Publishers provide entertainment content to the public to earn TRX, which is stored in the account and can be used for cryptocurrency transactions or blockchain service consumption.
The purpose of the TRON network is to create a global free content ecosystem where creators can freely publish, store and own their own content on the TRON blockchain. Thanks to the decentralized guarantee, circulation and transaction of digital assets, consumers and creators in the entertainment industry can communicate directly, eliminating the need for middlemen. Currently, TRX is one of the top fifteen cryptocurrencies by market capitalization.
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History of TRON
TRON was launched in 2017 and launched on CoinMarketCap at a price of US$0.002 on November 13 of the same year. The trading volume on the day of the launch was US$48,512. So far, the highest price of Tron coin is USD 0.30 on January 5, 2018, because the maximum trading volume was announced the previous day of USD 4.089 billion. Although TRON is a decentralized network, the TRON Foundation is transparently managed by a non-profit organization led by Justin Sun. Initially, TRX was created on the Ethereum blockchain to conduct transactions in the ERC20 format (Ethereum Smart Contract). But on June 21-25, TRON will migrate all TRX to the TRON Genesis Blockchain and convert ERC 20 TRX to Mainnet TRX. Justin Sun is known to everyone for being listed on the Forbes Under 30 Elite List.
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Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...