eToro TRON Trading
How to Trade TRX on eToro?
eToro's platform allows you to buy and sell TRON, copy experienced TRX traders, and invest in crypto with as low as $50.TRY NOW WITH REAL ACCOUNT PRACTICE WITH DEMO ACCOUNT
TRON is a blockchain and a decentralized virtual platform with a native cryptocurrency TRX or Tronix. Designed technically almost similar to Ethereum, TRON aims to create a free, decentralized global digital content entertainment system with the use of distributed storage technology.
Observers say: TRON produces a digital environment that is a semblance of a social networking platform, only it runs on a blockchain.
For developers, TRON can be used to promote their products which makes it a decentralized alternative to AppStore and Google Play.
Tronix (TRX) is by consumers to pay for the digital content they want to purchase or access. These TRX coins would then be stored in the content producers’ accounts, where they can option to exchange with other cryptocurrencies, or used to pay for other blockchain services.
You might be considering of trading TRON at this point but in case you do, just click the button below and this will redirect you to eToro's platform for TRX trading. This will give you a preview on how it looks like and should you decide to go on a trade, all you have to do is click the "Sign up" button on that page to quickly register.
67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Justin Sun—a tech entrepreneur—founded TRON in 2017. Known as TRON Foundation, it raised more than $70 million in 2017 via an IPO (initial coin offering) before China disallowed digital tokens.
In 2018, TRON transitioned to an independent peer-to-peer network from an ERC-20 token and Ethereum.
By 2019, TRON reached a market capitalization of over $1.6 billion.
The native coin of the TRON platform is TRX (TRONIX). This token is used to pay block creators and as internal payments. TRX has a current limit of 100 billion coins. Other than the TRX, there other sub TRX coins you can use in the network.
As the official token of the TRON network, the Tronix (TRX) acts as the basic currency on the platform that users can use to pay for in exchange of a wide range of platform products.
TRX also functions as the TRON platform's exchange currency. TRON allows decentralized application (DApp) creators to also launch their own digital coins.
With a cap of 100 billion coins, TRX has reached a circulation of 65.7 billion in 2018.
The simplest way to buy TRX is to sign up for an account with a cryptocurrency or trading broker that supports the direct BUY and SELL of TRX. One such cryptocurrency and trading broker is eToro.
The eToro is a great place to start since it offers a straightforward interface that allows for a seamless trading by clicking of a few buttons.
Currently, TRON's Tronix (TRX) is listed on more than 130 exchanges in the world, making it as one of the most sought-after cryptos.
TRX has a current 52-week average of $
Right now, the value of 1 TRX is
Remember that investing in cryptocurrency attracts a volatile risk where you can cash in on extreme increase in its value or experience loss when its price dwindles down. Researching about a particular crypto is still the key.
That said, the future of TRON appears bright thanks to its long-term plans and "date-tagged milestones" where they penciled release dates of new technology to improve its network. With the increasing demand in digital content and how TRON is making these available at a lower cost, the blockchain space of TRON keeps on becoming more attractive.
If you're planning on investing or trading TRX then it would be simpler to click the button below. This will take you to the eToro TRX trading page where you can easily check the current price of TRX and buy TRX of any value you plan to invest.
Before trading TRX on eToro, just simply open an account with them. Don't worry, the whole process will only take a few minutes.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.