Is TRON the next big cryptocurrency?

It really surprises me to see that nobody has mentioned or has written lot of content on TRONIX/ TRON. One of the crypto tokens that is litrally 4–5 cents but is in the top 20 Cryptos with 2–3Billion market cap.

TRON was a steal at the price ($ 0.052) on Dec 21st and it still is as I write it right now ($0.22) Before you think about jumping on the ship, (The easiest way to buy it is listed at the end) do your research, risk only what you can afford to loose. I am listing out the points that I have observed, read from various sources online.

From their website: TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem. Peiwo App with over 10 million users will become the first TRON-compatible entertainment APP.

I believe the concept of TRONIX would be a great move if the net neutrality is curbed. It is created for distributed storage and allowing the content creators to be the actual owners of the content and they would be having the control over the content.

Pros that I have noticed:

Very easy to buy on Binance.

The CEO Justin Sun (@justinsuntron) | Twitter is a successful person.

Forbes had an article about TRON and Justin Sun Could This Millennial 'Crypto' Tech Visionary Be The Next Jack Ma?

Bloomber’s article on tron Bitcoin’s Smaller Cousins Are Leading the Crypto Rally.

TRON gained value from $0.002 to $0.051 in 1 week. I have been closely following it for the past few days. TRON (TRX) price, charts, market cap, and other metrics | CoinMarketCap

TRON was initially delisted in Binance but later it was released back. In my opinion, it would not be back if it were a fraud.

It is one of the top traded (as per volume) in https://liqui.io

The CEO has already delivered a successful app Peiwo.

I personally feel that the decentralized content management is a great idea which would give the complete control and ownership to the content creators unlike today where the content is created by the creators and is managed by the giants like youtube, facebook, etc.

On the home page of Binance, there is a new competition held by Justin Sun, which would reward the people who have traded (buys and sells combined).

Best way, I feel, to buy TRON using USD$ :

Create a coinbase account at : Coinbase

Create Binance account at : Binance

Buy Ethereum (ETH ) in your Coinbase account using USD and transfer it to your Binance ETH wallet.

You can find your Binance ETH wallet address over here :

Binance -> Funds -> Deposits Withdrawls -> Click on the ‘Deposit’ button beside Ethereum . (Refer to pic 1 below. )

Paste this address in your Coinbase over here:

Accounts -> ETH Wallet -> send -> paste it in the recipient box. (Pic 2 below)

The transfer would be completed in about 20 minutes. (The time might vary depending on the network congestion or the pending transactions)

Now use the ETH in your Binance account to buy TRX (Tron)

Binance -> Exchange -> Basic -> In the right most column, click ETH -> Scroll down to find TRX/ETH and select it -> Buy TRONIX.

As of now, Ethereum and Bitcoin are the only ways to buy TRON. I feel buying it with Ethereum is better because of two main reasons:

Transaction fee for Bitcoin between wallets is very high.

Transfer time between wallets for bitcoin takes more then 9 hours as there are 253144 unconfirmed bitcoin transaction as I write this.