Tron Crypto Explained
It’s time to talk about the latest cryptocurrency news and updates! Here, we will do an in-depth analysis on Trx Cryptos recent developments! The future of this crypto trading platform is not complete without a deep understanding of it all. Let's start with what did you think of Trx Crypto?
Trx Crypto Review
Trx Crypto - Token Sale and ICO are one of the most highly anticipated and expected development that we have seen in a new cryptocurrency market. They are two completely different entities and their main aim is twofold:
The team behind Trx believes in building world-class products and services out of them. Through the Tx token sale, they believe in launching several powerful features which can be used by individuals worldwide for free! Their users can use these functions such as; Trading (Trading & NFT), Earn/Trade (Earn & Trade), Private Wallet etc and more.. Their vision is to provide traders with easy access to top trading platforms around the globe via its platform. For our community members, Trx aims at removing the barriers of entry and providing a safe, secure environment that offers privacy, peace of mind and convenience. We believe in bringing decentralization of control and transparency in the crypto trading space.
Trx Token Sale
The total amount raised through the token sale will be 2 billion USD over 5 years. The company has been granted a maximum 4 billion USD tokens for purchase of ETH and BTC ($20 Million) within 10 months from listing. Trx has already completed pre-sale. After the initial public sale ends and other milestones of the project are achieved, 50 million tokens will be listed, 30 million more to 100 million. However, there will be no cap set on number of available tokens. It is only up to the maximum number of ETH/BTC available for each individual holder.
The trx Token sale process is going extremely well and I must give special credit to the whole team because everything they have done, they have put into it with great effort and dedication. This means that we can look forward to many exciting things coming over the next few days and weeks.
Trx Token ICO
The Trx token is the native token of the network in charge of buying and distributing tokens. Each token purchase and distribution gives rise to additional coins for any user who wants to earn some tokens. Users can either buy or sell their ETH with a minimal 0 or 1 ETH price. In case of selling your ETH, they get a bonus percentage of the original price. The Trx coin also provides users with another tool called “Trx wallet" which enables transferring funds between accounts, making trades and much more! These tokens are fully fungible so the value of your ETH is not tied to anything but the amount of ETH you have bought/sold. No doubt, users should feel secure and confident while trading ETH using their wallet as it is secured and transparent. To know how to trade your ETH with Trx token please read the description below.
Trx Coins - Basic Idea Behind Ethereum vs BH
Both cryptocurrencies have earned a lot of buzz and attention amongst crypto investors globally. And rightfully so! But where does Trx stand when compared to Ethereum or Bitcoin? Let us see what makes Trx Coin stand apart against them.
Trx Crypto Network Overview
The Trx crypto network consists of three core components;
1. Decentralized Exchange Platform
2. Trading Server Side Platform(TSP)
3. Private Wallet
Trx Exchange Platform Overview
Trx exchange platform is a cross-platform mobile app for trading across multiple blockchain exchanges including Huobi, GDAX, FOMO, Kraken etc
Traders need to download Trx mobile App and register with their email ID to sign up, register their password, verify address and other basic details. Then after registering, they are able to login using their name and email to perform various activities like buy/sell, open/close various tabs and go through a dashboard to monitor their performance in real time. If you are looking to join Trx exchange then I would recommend joining Trx on Huobi and following steps to join Trx exchange here.
Trx Trading Server Side Platform(TrxTSP) - Trx is developing a comprehensive website which will provide 24 X 7 support via live chat with a dedicated account manager. An integrated self-service trading bot is being developed by leveraging Artificial Intelligence, Machine Learning, Regression Analysis models. Along-with the addition of new features such as Order Book, Stop Loss, Volume Line, Moving Average and much more, TrxTSP will allow users to enjoy trading in the crypto market. All the features are built by AI.
Trx Private Wallet Overview
Trx private wallet has been designed to facilitate the transfer of digital assets to users' own wallets. You can use any cryptocurrency wallet to store funds on Trx, along with ERC-20 standard token. So you can easily send, receive, receive money in Trx via private wallet. The minimum amount required to send funds is 300 USD worth of tokens (the same as 2 ETH); the maximum amount is 799 USD (the same as 21K ETH). There are no limits on number of ETH you can send.
Trx Private Account Manager Overview
Trx Private Accounts manager is responsible for managing two different types of wallets: Institutional accounts and Individual accounts. Both of them run separately under Trx. Institutional accounts offer high levels of security and privileges, and enable clients to access Trx markets from anywhere around the globe. These accounts are open to everyone and there is no restriction on their numbers. Personal accounts on the other hand can only be accessed by registered users who hold 3 unique tokens and have passed KYC for specific roles like Developer/Investor, Publisher etc.
Trx Trading Server Side Platform(TrxTSP) — This component of the Trx exchange facilitates traders, developers, merchants, institutions and more to make informed decisions. It allows traders to perform trades and execute their orders in real time on the platform. Traders can manage their activity on Trx in real time from all devices simultaneously via desktop and mobile apps without running into manual entries and updates. Users can track their earnings and profits, compare results from past trades, and identify trends and opportunities over time in order to increase profitability. Trader's performance is tracked at every step. Also, TrxTSP takes full responsibility during trades. Not only does it keep your money safe but it safeguards your identity too by sending a multi-factor authentication.
Trx Private Wallet — Another important component which plays as the back-end for both institutional and personal accounts is the Trx Private Wallet, which stores funds for both your individual and corporate accounts. Unlike many other crypto platforms, Trx Private wallets can be accessed at the comfort of your home through the internet or your phone. It works on the basis of your preferred method of identification for fund transfers. While keeping funds with the Trx Private Wallet you will not be able to access your funds. Only authorized persons will be allowed.
Trx has a huge potential in the crypto trading space as it bridges traditional financial markets with the digital ones. With a focus on ease of access, speed, security, and transparency, it is bound to take the place of mainstream investments. Hence it's high probability that Trx will lead crypto trading from now onward!