TRON (TRX) Price

In today’s world, almost all the content on the internet is created through giant conglomerates like Google, Apple, et cetera. This means that if you are a creator who is looking to make money off your content, you will have to go through these giant companies. While nothing may seem wrong with this, it is important to realise that the profit you make off your content will be decided by them. In addition to controlling how much money you make for your content, these companies also have the right to censor and control what you create.

This is where TRON protocol comes in. TRON, by its very design, aims to build the infrastructure for a decentralised internet by leveraging blockchain and peer-to-peer network technology.

What is TRON?

TRON’s ambitious plan is to build a decentralised entertainment-content ecosystem with the help of blockchain based operating systems. Using TRON protocol, users can build their own decentralised applications or content for themselves or the community in the TRON ecosystem, and store the same on the TRON Blockchain. This ensures that websites, content, and applications can be created without the need for centralised services. These applications utilise smart contracts, thus making the process of decentralised crowdfunding and token issuance much more simple.

With the help of TRON, content creators will own their data 100% and will be free to store, publish, and distribute their content as they see fit. Furthermore, users can also transact in digital assets. Considering that all of this will be taking place on TRON’s blockchain, it will be completely decentralised and globally distributed.

Therefore, TRON protocol essentially eliminates the need for a middleman by setting up its own decentralised network where content can be published, shared, and stored as per the will of the creator. For instance, assume that you upload a video to the TRON blockchain. Depending on how viral the video goes, you will directly get paid for it, without having an entity like YouTube cutting into your profits.

Hence, the success of your content is determined by the worldwide community on the TRON protocol, without the issue of censorship or corporate control. However, it is important to realise that TRON’s ultimate plan is to truly ‘decentralise the internet’, rather becoming a decentralised network just for entertainment-based content.

TRON aims to mitigate the control of the internet from the hands of giant conglomerates like Google and Facebook, by handing over the ownership of the data and content to the users. It plans to achieve this with the help of Tronix, popularly known as TRX - the network’s native currency. TRX is to be viewed as the currency of the TRON protocol blockchain, rather than a profit-making coin for crypto traders. Since there are going to be numerous decentralised applications and companies on the TRON blockchain, each with their own crypto coins, TRX will serve as the mediator between all of them.

For example, assume that you are using a music app built on TRON blockchain which rewards you in the form of tokens for sharing your playlist or sharing the app with your friends. You can then use the tokens earned from the music app to make a purchase from the company that is also built on the TRON network. Instead of manually converting those ‘music tokens’ into the ‘company’s tokens’, all you have to do is make use of TRX.

Considering its real-world implementation, TRON has announced a partnership with oBike - a multi-national bike sharing company with presence in more than 20 countries, and with Game.com.

TRON protocol utilises proof-of-stake algorithm to achieve consensus and as a result, mining TRX tokens is not possible. In addition to this, the supply of TRX cryptocurrency is finite sand the cap for the same is at 100 billion. Of these 100 billion TRX tokens, a little over 65.5 billion are in circulation.

Where to buy TRX cryptocurrency?

TRX tokens are available for sale on some of the leading cryptocurrency exchanges in the world. To list a few, there is Bittrex, Bitfinex, Coolcoin, Liqui, Coinnest, Gatecoin, et cetera.

TRX Wallets

TRX is an ERC20 token which means that it was created on the Ethereum Blockchain. As a result, any wallet that supports Ethereum Blockchain should be able to support TRX tokens too. Some of the most popular wallets are Trustwalletapp, MyEtherWallet, Jaxx, Nano Ledger S, Trezor, and many more. As a rule of thumb, it is advisable to store these virtual currencies in a hardware wallet which are immune to hacking and virus attacks.

TRX Mining

As mentioned earlier, TRON protocol utilises the proof-of-stake algorithm and as a result, it is not possible to mine TRX. The only way to procure TRX coins is by visiting the cryptocurrency exchanges which support TRON.

TRX Price Trends

Following the meteoric surge in the price of Bitcoin in late December 2017, people started looking for the ‘next’ Bitcoin. As a result, many cryptocurrencies witnessed a dramatic rise in their value between late December and early January 2018. Needless to mention, this rally did not last for long and these virtual currencies shed their recently made gains in a matter of days.

TRON was one such cryptocurrency that was not immune to the extreme volatility. Over the course of the first week of January, the price of 100 TRX increased from around $4.24 to $23. The only possible reason for this five-fold increase in the value of TRX is the rising popularity of cryptocurrencies in that period.

DateOpenHighLowCloseVolumeMarket Cap
Nov 12, 2018 0.022867 0.022934 0.022222 0.022471 60,384,600 1,477,452,116
Nov 11, 2018 0.023014 0.023044 0.022604 0.022811 46,834,800 1,499,793,324
Nov 10, 2018 0.023035 0.023217 0.022736 0.023023 50,249,500 1,513,731,924
Nov 09, 2018 0.023085 0.023303 0.022846 0.023028 52,900,400 1,514,040,940
Nov 08, 2018 0.023766 0.024254 0.023031 0.023115 59,261,300 1,519,734,727
Nov 07, 2018 0.024362 0.025835 0.023643 0.023774 124,654,000 1,563,115,331
Nov 06, 2018 0.023796 0.025294 0.023543 0.024421 117,452,000 1,612,281,769
Nov 05, 2018 0.023247 0.023993 0.023073 0.023745 77,425,400 1,561,195,486
Nov 04, 2018 0.022692 0.023482 0.022429 0.023273 85,125,200 1,530,155,802
Nov 03, 2018 0.022864 0.022864 0.022505 0.022701 65,167,000 1,492,515,008
Nov 02, 2018 0.022579 0.023114 0.022520 0.022860 72,574,300 1,502,968,958
Nov 01, 2018 0.022194 0.023718 0.022112 0.022575 59,714,000 1,314,962,233
Oct 31, 2018 0.022223 0.022257 0.021636 0.022192 61,235,400 1,314,962,233
Oct 30, 2018 0.022162 0.022363 0.022032 0.022191 59,288,100 1,457,106,570
Oct 29, 2018 0.023491 0.023584 0.021947 0.022185 71,341,500 1,544,503,269
Oct 28, 2018 0.023418 0.023583 0.023305 0.023555 68,048,500 1,539,675,683
Oct 27, 2018 0.023637 0.023754 0.022817 0.023274 68,108,100 1,554,066,102
Oct 26, 2018 0.023086 0.023695 0.022890 0.023586 82,337,400 1,517,827,120
Oct 25, 2018 0.023477 0.023487 0.022922 0.023144 81,264,400 1,543,560,285
Oct 24, 2018 0.023397 0.023822 0.023395 0.023480 63,083,100 1,538,313,255
Oct 23, 2018 0.023819 0.023879 0.023050 0.023477 80,184,600 1,566,054,975
Oct 22, 2018 0.024190 0.024339 0.023667 0.023811 81,313,000 1,590,416,405
Oct 21, 2018 0.024138 0.024643 0.023965 0.024196 92,125,200 1,587,026,685
Oct 20, 2018 0.024092 0.024267 0.023958 0.024157 87,168,500 1,583,998,116
Oct 19, 2018 0.024247 0.024327 0.023901 0.024074 83,554,800 1,594,168,500
Oct 18, 2018 0.024238 0.024938 0.024008 0.024271 113,584,000 1,593,621,814
Oct 17, 2018 0.024422 0.024508 0.023766 0.024234 103,220,000 1,605,721,396
Oct 16, 2018 0.025132 0.025132 0.024224 0.024358 103,826,000 1,652,376,795
Oct 15, 2018 0.023509 0.025798 0.023000 0.025082 197,544,000 1,545,693,143
Oct 14, 2018 0.023614 0.024577 0.023503 0.023622 146,316,000 1,552,568,105
Oct 13, 2018 0.022701 0.023901 0.022701 0.023565 149,554,000 1,492,546,833
Oct 12, 2018 0.020760 0.023624 0.020680 0.022738 183,447,000 1,364,917,310
Oct 11, 2018 0.025306 0.025306 0.020873 0.020929 172,387,000 1,663,804,654
Oct 10, 2018 0.025939 0.025939 0.024636 0.025355 165,671,000 1,705,404,314
Oct 09, 2018 0.026573 0.026794 0.025279 0.026058 188,256,000 1,747,129,256
Oct 08, 2018 0.027012 0.028050 0.026098 0.026592 302,834,000 1,775,979,777
Oct 07, 2018 0.023775 0.027222 0.023662 0.026875 299,132,000 1,563,173,609
Oct 06, 2018 0.023376 0.024275 0.022972 0.023715 162,799,000 1,536,913,231
Oct 05, 2018 0.022737 0.023286 0.022442 0.023275 139,745,000 1,494,926,090
Oct 04, 2018 0.021619 0.023426 0.021614 0.022703 148,666,000 1,421,418,927
Oct 03, 2018 0.022057 0.022057 0.021248 0.021600 107,097,000 1,450,200,011
Oct 02, 2018 0.022057 0.022380 0.021901 0.022093 111,868,000 1,450,191,194
Oct 01, 2018 0.022214 0.022330 0.021706 0.022052 110,444,000 1,460,527,029
Sep 30, 2018 0.022049 0.022592 0.021912 0.022165 117,217,000 1,449,669,614
Sep 29, 2018 0.021933 0.022144 0.021323 0.022035 108,096,000 1,442,038,672
Sep 28, 2018 0.022507 0.022962 0.021458 0.021978 114,936,000 1,479,774,304
Sep 27, 2018 0.021097 0.022797 0.020747 0.022507 124,196,000 1,387,053,544
Sep 26, 2018 0.021274 0.021970 0.020384 0.021028 110,081,000 1,398,743,356
Sep 25, 2018 0.022029 0.022029 0.020275 0.021280 126,284,000 1,448,382,135
Sep 24, 2018 0.023739 0.024093 0.021965 0.022089 116,603,000 1,560,787,738
Sep 23, 2018 0.023198 0.024604 0.023094 0.023791 138,225,000 1,525,226,602
Sep 22, 2018 0.024907 0.025370 0.022404 0.023176 173,243,000 1,637,567,666
Sep 21, 2018 0.021506 0.025817 0.021356 0.024930 283,823,000 1,413,994,585
Sep 20, 2018 0.019762 0.021722 0.019740 0.021413 135,790,000 1,299,299,491
Sep 19, 2018 0.019356 0.020170 0.019013 0.019753 114,381,000 1,272,630,690
Sep 18, 2018 0.018478 0.019582 0.018396 0.019389 100,841,000 1,214,897,806
Sep 17, 2018 0.019956 0.020283 0.018351 0.018517 109,688,000 1,312,071,530
Sep 16, 2018 0.019925 0.020119 0.019385 0.019975 102,132,000 1,310,034,441
Sep 15, 2018 0.019823 0.020388 0.019823 0.019933 94,169,900 1,303,311,703
Sep 14, 2018 0.019981 0.020683 0.019274 0.019832 117,114,000 1,313,737,550
Sep 13, 2018 0.018289 0.020407 0.018289 0.019946 124,862,000 1,202,483,856
Sep 12, 2018 0.018680 0.018782 0.017237 0.018243 109,120,000 1,228,164,605
Sep 11, 2018 0.019416 0.019655 0.018120 0.018677 106,212,000 1,276,534,153
Sep 10, 2018 0.020088 0.020294 0.019129 0.019381 101,717,000 1,320,775,391
Sep 09, 2018 0.019311 0.020249 0.018986 0.019365 97,726,800 1,269,684,050
Sep 08, 2018 0.020594 0.020934 0.019039 0.019312 98,754,400 1,354,032,218
Sep 07, 2018 0.021599 0.021888 0.020413 0.020595 110,765,000 1,420,089,810
Sep 06, 2018 0.021659 0.021713 0.020433 0.021644 142,361,000 1,424,011,887
Sep 05, 2018 0.025270 0.025455 0.021810 0.021810 150,148,000 1,661,434,948
Sep 04, 2018 0.025059 0.025748 0.024997 0.025255 96,674,400 1,647,605,543
Sep 03, 2018 0.025642 0.025707 0.024685 0.025037 91,449,300 1,685,914,313
Sep 02, 2018 0.026574 0.026591 0.024946 0.025572 104,754,000 1,747,166,363
Sep 01, 2018 0.025383 0.027041 0.025383 0.026590 109,153,000 1,668,865,414
Aug 31, 2018 0.024894 0.025463 0.024399 0.025345 106,949,000 1,636,705,755
Aug 30, 2018 0.025420 0.025883 0.023464 0.024897 119,155,000 1,671,305,292
Aug 29, 2018 0.026768 0.027177 0.025028 0.025426 143,515,000 1,759,960,323
Aug 28, 2018 0.024480 0.027453 0.024278 0.026847 166,567,000 1,609,489,044
Aug 27, 2018 0.022784 0.024477 0.022523 0.024460 107,457,000 1,498,005,605
Aug 26, 2018 0.022437 0.023000 0.021420 0.022764 97,504,300 1,475,197,282
Aug 25, 2018 0.021579 0.022634 0.021227 0.022481 88,818,800 1,418,778,206
Aug 24, 2018 0.020804 0.021653 0.020534 0.021606 90,424,900 1,367,846,928
Aug 23, 2018 0.019689 0.020782 0.019654 0.020771 82,585,900 1,294,484,274
Aug 22, 2018 0.020998 0.022219 0.019347 0.019712 96,828,800 1,380,570,715
Aug 21, 2018 0.020594 0.021289 0.020220 0.021003 98,379,000 1,354,002,214
Aug 20, 2018 0.022236 0.022706 0.020423 0.020661 99,473,200 1,461,998,940
Aug 19, 2018 0.021571 0.022810 0.021009 0.022263 97,137,100 1,418,217,559
Aug 18, 2018 0.023404 0.024552 0.020590 0.021619 141,608,000 1,538,770,541
Aug 17, 2018 0.019516 0.023360 0.019425 0.023281 152,305,000 1,283,120,587
Aug 16, 2018 0.019440 0.020053 0.019207 0.019521 103,582,000 1,278,156,452
Aug 15, 2018 0.019159 0.020839 0.019159 0.019443 136,496,000 1,259,658,175
Aug 14, 2018 0.019445 0.019518 0.016666 0.019059 108,349,000 1,278,454,043
Aug 13, 2018 0.022636 0.023059 0.019226 0.019362 124,043,000 1,488,243,643
Aug 12, 2018 0.022632 0.023183 0.022457 0.022581 101,854,000 1,488,016,837
Aug 11, 2018 0.023819 0.023871 0.022108 0.022614 119,307,000 1,566,073,712
Aug 10, 2018 0.025864 0.026085 0.023455 0.023822 134,155,000 1,700,532,885
Aug 09, 2018 0.024530 0.026503 0.023875 0.025941 142,877,000 1,612,826,839
Aug 08, 2018 0.027831 0.027831 0.023812 0.024482 147,343,000 1,829,823,773
Aug 07, 2018 0.029214 0.029981 0.027724 0.027866 116,330,000 1,920,730,453
Aug 06, 2018 0.030379 0.031027 0.028905 0.029228 118,348,000 1,997,340,276
Aug 05, 2018 0.028932 0.030642 0.028353 0.030329 124,479,000 1,902,215,276
Aug 04, 2018 0.030597 0.031183 0.028626 0.028932 128,197,000 2,011,700,692
Aug 03, 2018 0.031528 0.031659 0.029532 0.030602 154,910,000 2,072,909,389
Aug 02, 2018 0.032677 0.033324 0.030994 0.031539 148,160,000 2,148,429,148
Aug 01, 2018 0.033967 0.034035 0.031829 0.032643 140,270,000 2,233,258,238
Jul 31, 2018 0.036498 0.036498 0.033552 0.033926 211,254,000 2,399,700,475
Jul 30, 2018 0.039096 0.039423 0.035387 0.036452 254,606,000 2,570,501,255
Jul 29, 2018 0.036788 0.040549 0.036739 0.039236 310,647,008 2,418,747,904
Jul 28, 2018 0.036506 0.036868 0.035906 0.036782 183,664,000 2,400,187,392
Jul 27, 2018 0.035937 0.037045 0.035212 0.036504 218,420,992 2,362,816,000
Jul 26, 2018 0.037094 0.038510 0.035448 0.035996 190,784,992 2,438,880,000
Jul 25, 2018 0.037799 0.038779 0.036290 0.037122 221,753,000 2,485,180,000
Jul 24, 2018 0.034080 0.038875 0.032905 0.038107 323,729,000 2,240,700,000
Jul 23, 2018 0.035094 0.036111 0.034042 0.034061 194,284,000 2,307,340,000
Jul 22, 2018 0.035544 0.036340 0.035062 0.035123 189,921,000 2,336,920,000
Jul 21, 2018 0.034935 0.036313 0.033992 0.035603 210,057,000 2,296,900,000
Jul 20, 2018 0.037903 0.037903 0.034592 0.034906 225,139,000 2,492,020,000
Jul 19, 2018 0.039456 0.039457 0.037504 0.037917 259,097,000 2,594,160,000
Jul 18, 2018 0.039645 0.043077 0.039130 0.039661 284,601,000 2,606,610,000
Jul 17, 2018 0.037455 0.040547 0.036155 0.039759 228,397,000 2,462,560,000
Jul 16, 2018 0.034404 0.037521 0.034178 0.037521 211,212,000 2,261,990,000
Jul 15, 2018 0.033421 0.034954 0.033167 0.034364 180,511,000 2,197,370,000
Jul 14, 2018 0.033293 0.033829 0.032666 0.033429 170,704,000 2,188,960,000
Jul 13, 2018 0.032278 0.034455 0.032278 0.033340 179,488,000 2,122,240,000
Jul 12, 2018 0.033570 0.033570 0.031399 0.032228 162,157,000 2,207,150,000
Jul 11, 2018 0.033524 0.034532 0.032878 0.033578 173,037,000 2,204,130,000
Jul 10, 2018 0.035826 0.036056 0.032816 0.033588 132,760,000 2,355,490,000
Jul 09, 2018 0.037103 0.037164 0.035782 0.035798 144,390,000 2,439,420,000
Jul 08, 2018 0.038310 0.038588 0.037046 0.037100 104,921,000 2,518,800,000
Jul 07, 2018 0.036927 0.038334 0.036107 0.038334 96,368,300 2,427,890,000
Jul 06, 2018 0.037843 0.037926 0.035300 0.036975 119,639,000 2,488,130,000
Jul 05, 2018 0.039199 0.039767 0.037406 0.037861 118,836,000 2,577,280,000
Jul 04, 2018 0.038852 0.040240 0.037468 0.038895 132,730,000 2,554,430,000
Jul 03, 2018 0.039529 0.040739 0.038495 0.038867 182,019,000 2,598,920,000
Jul 02, 2018 0.037643 0.040467 0.037049 0.039529 174,377,000 2,474,970,000
Jul 01, 2018 0.038439 0.038719 0.036936 0.037885 112,292,000 2,527,290,000
Jun 30, 2018 0.037279 0.040002 0.037172 0.038423 182,466,000 2,451,030,000
Jun 29, 2018 0.036566 0.037621 0.034706 0.037237 149,929,000 2,404,120,000
Jun 28, 2018 0.039087 0.039706 0.036344 0.036665 104,241,000 2,569,910,000
Jun 27, 2018 0.038187 0.039690 0.037685 0.038987 99,853,600 2,510,690,000
Jun 26, 2018 0.042402 0.042449 0.038262 0.038262 93,775,000 2,787,860,000
Jun 25, 2018 0.042391 0.043504 0.041215 0.042349 146,474,000 2,787,150,000
Jun 24, 2018 0.044196 0.044339 0.038552 0.042460 235,740,000 2,905,830,000
Jun 23, 2018 0.043278 0.044721 0.042531 0.044179 151,474,000 2,845,460,000
Jun 22, 2018 0.048611 0.048933 0.042247 0.043136 242,306,000 3,196,050,000
Jun 21, 2018 0.049206 0.050181 0.047480 0.048620 214,723,000 3,235,200,000
Jun 20, 2018 0.049581 0.049645 0.045133 0.049394 400,322,000 3,259,830,000
Jun 19, 2018 0.045178 0.051107 0.044808 0.049503 360,852,000 2,970,360,000
Jun 18, 2018 0.04257 0.045678 0.041498 0.045096 173,063,000 2,798,870,000
Jun 17, 2018 0.043163 0.043605 0.042558 0.042648 114,357,000 2,837,890,000
Jun 16, 2018 0.042799 0.043685 0.041809 0.043215 137,208,000 2,813,940,000
Jun 15, 2018 0.045617 0.046074 0.042534 0.04287 210,247,000 2,999,240,000
Jun 14, 2018 0.04146 0.045732 0.040566 0.045417 283,351,000 2,725,880,000
Jun 13, 2018 0.044008 0.044408 0.03895 0.041533 242,384,000 2,893,450,000
Jun 12, 2018 0.048772 0.048813 0.042841 0.043982 199,435,000 3,206,640,000
Jun 11, 2018 0.04786 0.049116 0.045696 0.048829 254,203,000 3,146,720,000
Jun 10, 2018 0.057138 0.057138 0.045859 0.048003 330,216,000 3,756,710,000
Jun 09, 2018 0.05772 0.059221 0.057157 0.057157 171,569,000 3,794,970,000
Jun 08, 2018 0.05868 0.058791 0.056793 0.057577 176,148,000 3,858,100,000
Jun 07, 2018 0.059433 0.060349 0.058391 0.058819 164,796,000 3,907,580,000
Jun 06, 2018 0.060621 0.06065 0.058435 0.059408 188,314,000 3,985,740,000
Jun 05, 2018 0.05922 0.060823 0.057337 0.060577 220,481,000 3,893,580,000
Jun 04, 2018 0.062018 0.062488 0.058259 0.059179 216,791,000 4,077,570,000
Jun 03, 2018 0.061157 0.063396 0.060775 0.061978 250,455,000 4,020,970,000
Jun 02, 2018 0.058817 0.063237 0.057739 0.061184 297,121,000 3,867,110,000
Jun 01, 2018 0.060612 0.061605 0.056416 0.058707 268,287,000 3,985,160,000
May 31, 2018 0.062436 0.064002 0.059449 0.060541 371,257,000 4,105,060,000
May 30, 2018 0.06511 0.068083 0.060278 0.062402 463,946,000 4,280,850,000
May 29, 2018 0.061097 0.065944 0.057386 0.065009 569,743,000 4,016,990,000
May 28, 2018 0.070651 0.07075 0.060207 0.060653 493,598,000 4,645,200,000
May 27, 2018 0.072981 0.073451 0.06938 0.070601 311,443,000 4,798,360,000
May 26, 2018 0.071067 0.076325 0.070482 0.073162 334,005,000 4,672,520,000
May 25, 2018 0.073201 0.073279 0.069467 0.071279 301,519,000 4,812,820,000
May 24, 2018 0.070087 0.074387 0.0687 0.073095 587,902,000 4,608,060,000
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TRON Cryptocurrency Recent News and Development

  • In early November 2018, TRON surpassed Ethereum and broke its for the highest number of transactions in a 24 hour period. On November 9, 2018, TRX recorded its 24 hour transactions to be at 1,367,488 while ETH had recorded the same at 1,349,890 in January 2018. TRON was well on its way to achieve this feat, considering that its daily transactions were increasing at a commendable rate.
  • Additionally, TRON’s network has been growing at an incredible rate this year. Its network, as of early November 2018, stands at close to 584,000 and is currently the 11th largest cryptocurrency in the world. In October, Trust Wallet - Binance’s official Ethereum wallet - announced that it will support the TRON blockchain on its platform.
  • Considering the price of TRX tokens, it hasn’t varied greatly since the crash of the cryptocurrency space in January 2018. After peaking at close to $0.2, it lost heavily and went close to $0.06 mark by the end of the month. Through the course of the next few months, the cryptocurrency was valued at levels varying from $0.04 - $0.06.
  • In July, the value plummeted further as the cryptocurrency went below the $0.03 mark. It continued to go down in value and by October, it was down in the $0.02 region.

Risks associated with TRON

It is important to realise that TRX is the native currency of TRON protocol and should be perceived as such. The developers of TRON do not intend for TRX to become a profit-making tool but instead, they hope for it to become an asset that can effectively utilise the services and applications available on the TRON protocol blockchain. Therefore, the holder of TRX crypto will truly stand to benefit if he/she is actively present on the TRON network.

Secondly, TRON and other cryptocurrencies are subject to legal issues all across the world. While the governments and other regulatory authorities accept the blockchain technology driving these digital currencies, they are reluctant to the idea of having an alternative to fiat currencies. Many countries have already taken strict measures to curb cryptocurrency trading - a move that has severely impacted the prices of these coins.

Therefore, instead of gambling your money in these volatile investments, it is better to take the traditional route like mutual funds . They are quite popular among investors for several reasons - they don’t require a lot of capital for investing and they are not as volatile as cryptocurrencies. In addition to this, a good mutual fund can give you sizeable returns in the long-run.

Disclaimer:

"The Reserve Bank of India (RBI) and Ministry of Finance has frequently cautioned the users, holders and traders of virtual currencies regarding the potential economic, financial, operational, legal, customer protection and security related risks associated in dealing with virtual currencies. RBI also further clarified that it has not given any licence/authorisation to any entity/company to operate schemes or deals related to Bitcoin or any virtual currency. RBI has also barred its regulated entities from dealing or providing services to any individual or business entities dealing with cryptocurrency. The Ministry of Finance has also officially stated that virtual currencies are not legal tender or coin.

A&A Dukaan Financial Service Private Limited (“BankBazaar”) does not endorse investing or dealing in virtual currencies in any manner. The information provided on our website is solely for illustrative purposes and should not constitute investment advice or assistance in investing or dealing with crypto currencies. If you decide to invest or deal in cryptocurrencies, you should be aware that you will be dealing with the respective individuals or business entities dealing in cryptocurrency and BankBazaar has no role in any manner in such transactions or dealings. We strongly advise our visitors to invest in legally recognised financial instruments rather than risking their capital on virtual currencies which are unregulated instruments."

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