If you are looking to invest in the coin for a long-term, you can buy it via cryptocurrency exchanges like Poloniex, Bancor, KuCoin and Binance. You can then transfer your TRX coins to a hardware or electronic wallet for safe storage. Alternatively, you can trade TRX with contracts for difference (CFDs) on Capital.com.
CFDs allow you to speculate on short-term price fluctuations without having to buy the actual coin. Trading CFDs offers the opportunity to try to benefit from both bullish and bearish price action. If you expect the TRX price to rise, you can open a long position. If you think it will drop, you can open a short position – and still make a profit on the trade if the price moves lower.
TRON to US Dollar - TRX/USD CFD
Notice that with Capital.com, you can trade TRX not only against the US dollar but also bitcoin.
As a leveraged product, CFDs are designed to maximise gains, which can be large on volatile products such as cryptocurrencies. However, you should be aware that using leverage also increases the size of the loss should the price moves against your position.
Make sure you understand how CFDs work and do your own research before you begin to trade. And never invest money you cannot afford to lose. Learn more about cryptocurrency CFDs with our comprehensive guide. Create an account on Capital.com to stay on top of the latest TRON news, price analysis and forecasts, and spot the best trading opportunities.
More info:
https://capital.com/tron-price-prediction-is-trx-ready-to-hit-new-highs