Category Archives: Cryptocurrency

It might sound like a marketing gimmick, but the founders of the first LGBT+ cryptocurrency said they want to harness the communitys economic power with the aim of changing the world.

The maricoin, a play on words taken from a homophobic slur in Spanish, was launched on Friday in a week-long pilot test involving 10 businesses in Chueca, known as the LGBT+ neighbourhood of Spains capital, Madrid.

Maricoins backers are aiming for the virtual currency to start trading early next year, paving the way for it to be used as a means of payment at LGBT-friendly businesses and events worldwide.

Since we move this economy, why shouldnt our community profit from it, instead of banks, insurance companies or big corporations that often dont help LGBT+ people? co-founder Juan Belmonte, 48, told the Thomson Reuters Foundation by phone.

Belmonte, a hairdresser and entrepreneur, said the idea for the LGBT+ cryptocurrency came to him while he was partying with friends at Madrids Pride event in July this year.

But he traces the projects origins back to 2017, when the ultra-Conservative group HazteOir launched a campaign against transgender rights by sending a bus around Spain bearing the words: Boys have penises, girls have vulvas. Do not be fooled.

The conservative Christian groups campaign was swiftly banned by Spanish authorities, but Belmonte said it made him realize he had to do something to help leverage the LGBT+ communitys economic clout in the fight against homophobia.

The global LGBT+ market is huge, with research by Swiss bank Credit Suisse suggesting it would rank as the worlds fourth-largest economy, behind Japan but ahead of Germany in terms of purchasing power.

A 2018 study conducted by Kantar Consulting and LGBT+ social network Hornet estimated the communitys buying power in the United States alone at $1 trillion in 2016 almost equal to that of African-American or Hispanic consumers.

Maricoin is backed by Miami-based venture capital firm Borderless Capital, and the initiatives Chief Executive Francisco Alvarez said 8,000 people were already on a waiting list seeking to buy maricoins before the currency starts trading.

Under their plans, the LGBT+ cryptocurrency will be accepted as payment in businesses from restaurants and cafes to shops and hotels that have signed an equality manifesto.

Among other things, the manifesto defends the rights of LGBT+ people and everyone suffering from exclusion, as well as advocating a social, ethical, transversal and transparent economy.

The establishments that accept our coin will be listed on our map, which will work as an LGBTI guide for anyone visiting any city in the world, Alvarez, 48, said.

If they violate any of the points of our anti-discrimination manifesto, for example if they fire a pregnant woman because of her pregnancy, they will be expelled from maricoin, he added.

The currency will also have its own LGBT-related language transfers between maricoin users are called trans.

Alvarez and Belmonte also hope the venture can generate a source of financing for LGBT+ businesses and community initiatives worldwide.

Well be able to give microcredits for people to set up a small LGBTI-friendly cafe in Colombia, or to support projects helping queer refugees flee countries where theyd be stoned to death, he said.

Were looking forward to changing the world.

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Founders of first LGBT+ cryptocurrency, the maricoin, bet on 'changing the world' - The Globe and Mail

A group of crypto investors, who have formed the Tamil Nadu Crypto Club Members Association, are creating awareness of cryptocurrency among members of the public.

C. Kandasamy, president of the association, said a large number of people in the southern States invested in cryptocurrency between 2018 and 2020, when it was not approved. They had also suffered huge losses as they were unaware of the risks. Now, crypto is recognised and we want to create awareness of it among members of the public, the cautions they should take and what they should look for before investing in it, he said.

In the last one month, since its inception, the association has enrolled nearly 1,000 members from the southern States. The enrolment drive continues and the association plans a series of awareness sessions. We will also encourage studies to be taken up on cryptocurrencies and conduct awareness programmes for different groups such as lawyers, teachers and others, he said.

By 2025, cryptocurrency will become common and there should be better awareness of it among investors during the next two to three years, he said.

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T.N. Crypto Club Members Association aims at creating awareness of cryptocurrency - The Hindu

The St Regis Bahia Beach Resort in Puerto Rico has a golf course and oceanfront residences in a 195-hectare nature reserve, set along azure waters and lush rainforest. But what is perhaps most appealing to those who are now rushing to this property is the section on its website explaining tax benefits for island residents.

That was the case for Anthony Emtman, who left Los Angeles behind and bought an apartment at the resort in March. The chief executive of Ikigai Asset Management is now a part of a burgeoning cryptocurrency community along Puerto Ricos north shore, where the tropical weather is a bonus.

Mr Emtman and his cryptocurrency peers are taking a page out of hedge funds books and seeking residence on the island to reap huge tax savings.

Anthony Emtman, chief executive of Ikigai Asset Management, left Los Angeles behind and bought an apartment in Puerto Rico. Bloomberg

High-earning investors in the US pay up to 20 per cent in capital gains tax and as much as 37 per cent on short-term gains. In Puerto Rico, they pay nothing.

Companies based on the American mainland pay 21 per cent in federal corporate tax plus an individual state tax, compared with only 4 per cent on the island. That makes the move a no-brainer for some investors, especially as the cryptocurrency markets spectacular growth continues and Democrats push for higher taxes on the rich.

The presence of digital currency enthusiasts is already palpable on the small island, where chance encounters and networking opportunities abound: run-ins at taco stands, dinner at luxury apartments and Crypto Monday gatherings at hotels and restaurants across San Juan.

Cryptocurrency funds Pantera Capital and Redwood City Ventures are among those that have established offices on the island. Facebook product manager-turned-whistle-blower Frances Haugen recently told The New York Times she is living in Puerto Rico in part to be with her crypto friends.

New York Citys mayor-elect Eric Adams even flew there in November with cryptocurrency billionaire Brock Pierce for dinner with Puerto Ricos governor Pedro Pierluisi.

Now, it is not just, Move to Puerto Rico to save tax, says Giovanni Mendez, a corporate and tax lawyer advising those who relocate. It is Move to Puerto Rico because everybody is there.

The Puerto Rican government created the tax breaks in 2012 with the hope of infusing the islands struggling economy with cash and diversifying its job pool.

Hedge funds gradually began seeking a toehold on the island but what has really supercharged the flurry of arrivals is the Covid-19 pandemic which drove a shift away from big cities and popularised remote work and the recent explosion in cryptocurrency markets.

Proponents of the tax breaks describe it as not only a boost for an island that has been mired in bankruptcy for more than four years prolonged by hurricanes, earthquakes, a political scandal and the pandemic but an opportunity for reinvention.

Still, the idea has its detractors: some of the laws only apply to new residents, so lifelong islanders are ineligible. It has made some hesitant to welcome the new crop of wealthy denizens, fearful that the flow of income will exacerbate inequality and create social tension. As it is, property prices are already rising to absurd levels.

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During the last big cryptocurrency bull run in 2017, many investors tried to move to Puerto Rico before the market peaked and then collapsed, says Mr Mendez.

This year, Puerto Rico has received more than 1,200 applications a record through its Individual Investors Act, which exempts new residents from paying taxes on capital gains, according to the islands Department of Economic Development and Commerce. The number of US mainlanders seeking Puerto Ricos tax breaks has tripled this year.

Another 274 corporations, limited liability companies, partnerships and other entities were approved for the Exports Services Act, which provides a 4 per cent corporate tax rate and a 100 per cent exemption on dividends.

Both fall under Puerto Ricos Act 60, a group of tax breaks that were packaged together in 2019 to attract investment not only from cryptocurrency, but finance, technology and other industries.

The cryptocurrency crowd has primarily gravitated to three areas along the coast.

It is not just, Move to Puerto Rico to save tax. Its Move to Puerto Rico because everybody is there

Giovanni Mendez, corporate and tax lawyer

There are the secluded escapes, like Bahia and the Ritz-Carlton-branded Dorado Beach resort. Those seeking a more urban lifestyle have opted for Condado, a high-end neighbourhood and shopping district in San Juan.

There are restaurants and there are coffee shops and there is a mall, says Brent Johnson, the chief executive of wealth management company Santiago Capital, who moved from San Francisco to Condado in May. It is kind of like a mini Miami.

During his time in Puerto Rico, Mr Johnson has been able to connect with wealth management, private equity and cryptocurrency companies, as well as people in the property, pharmaceutical, energy and agricultural sectors.

I felt like I could come here, do my job, and still be plugged into the financial community, much more so than going to somewhere like Hawaii or Mexico, he says.

Brent Johnson, chief executive of wealth management company Santiago Capital, moved from San Francisco to Condado, Puerto Rico, in May. Bloomberg

The influx of newcomers is causing waves in the property market, particularly in the resort communities.

Dorado has had the most growth, with prices almost tripling, according to Priscilla Ferrer, a Puerto Rican broker.

It is absurd, she says. These luxury properties are getting bought for an emotional rate and not an economic rate.

Francisco Fournier, founding partner of Luxury Collection Real Estate, says it is now common to see properties sell for more than $20 million.

Right now, we are selling a home in Dorado Beach for $27m and another one is going for $29m, he says.

In Bahia, prices per square foot have almost doubled, according to Blanca Lopez, founder of Gramercy Real Estate Group.

It is absurd. These luxury properties are getting bought for an emotional rate and not an economic rate

Priscilla Ferrer, real estate broker, Puerto Rico

We are seeing prices north of $3,000 per square foot, she says, while high-end home values in Condado are around $1,400 to $1,500 per square foot, a roughly 35 per cent increase from a year ago.

And there is not enough inventory to satiate demand as buyers are flocking to the island faster than high-end homes can be built.

As wealthier people gain ground elsewhere, it hurts housing and job prospects for islanders, says Raul Santiago-Bartolomei, an assistant professor at the University of Puerto Ricos Graduate School of Planning.

It is making these places more unattainable for a workforce and low-income households that actually need to be living near these high opportunity areas, he says.

There are several new residential towers rising in Condado but that will not be enough to keep pace. There is even a labour shortage, Mr Fournier says, so Puerto Rico is working with the US Department of State to secure visas to bring people from the Dominican Republic, Mexico, Haiti and South America because we dont have the people to build.

So far, the incentives appear to be creating jobs.

From 2015 to 2019, the Individual Investors Act added about 4,400 jobs and the Export Services Act added 36,222, according to a study by Puerto Rican consulting company Estudios Tecnicos. Call centres accounted for most of the jobs, followed by consulting services, advertising, public relations and tax and accounting services.

As long as the jobs are coming, the doors are open for the cryptocurrency community, says Carlos Fontan, director of incentives at the Department of Economic Development and Commerce.

The tax breaks are doing what they were intended to, says Alberto Baco-Bague, the departments former secretary and a driving force behind Act 60.

Ideally, we want to be building one Puerto Rico, he says. Not one Puerto Rico for new residents and another one for local business leaders.

It is making these places more unattainable for a workforce and low-income households that actually need to be living near these high opportunity areas

Santiago-Bartolomei, assistant professor at the University of Puerto Rico

Still, one of the biggest challenges is convincing the local population of the programmes economic benefits.

The Individual Investors Act, also known as Act 22, only applies to non-Puerto Ricans, meaning islanders are ineligible. And even though the Export Services Act is available to locals, many assume otherwise because the tax break is often marketed alongside programmes for foreigners.

Puerto Rico is not the first to try to attract cryptocurrency investment, and it certainly will not be the last.

The economy of El Zonte, a surf town on El Salvadors Pacific coast, runs on Bitcoin. El Salvadors president Nayib Bukele was a proponent of cryptocurrency long before taking office in 2019.

This year, the country adopted Bitcoin as its national currency, and announced plans for the first sovereign Bitcoin bonds and a tax-free Bitcoin City.

Portugal, too, is not axing the buying or selling of cryptocurrencies, unless it is an individuals main source of income.

Updated: December 30th 2021, 5:00 AM

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How Puerto Rico is turning into a cryptocurrency island with zero taxes - The National

Shark Tank celebrity Kevin OLeary, also called Mr. Wonderful, says he would be prepared to expand his crypto allocations up to 20% when there are more clear regulations around stablecoins. OLeary, a previous Bitcoin (BTC) skeptic, is presently a vocal supporter of digital money, which as of now makes up more than 10% of his investment portfolio. A reasonable regulatory structure would permit OLeary to change over huge money positions into stablecoins. Presently, in any case, you cant put over 5% in stablecoins because of regulatory restrictions.

My own compliance department views stablecoins as capital no different from a stock, he said.

Mr. Wonderful is particularly focused on stablecoins pegged to the US dollar, which he believes are an effective hedge against rising inflation rates. By betting stablecoins you can get a profitability of up to 6%. He told Cointelegraph: With an inflation rate of 6%, your purchasing power will be 6% lower in 12 months. And all of that is a lot Im a big believer in solving this problem with stablecoin.

According to OLeary, his enthusiasm for stablecoins is shared by many institutional investors who work quietly in the background waiting for regulators to move on.

You wont get 20, 30% in Bitcoin in an institutional or government mandate, just not. Stablecoins have that potential, he explained.

In addition to stablecoins, Mr. Wonderful also invests in Bitcoin, Ether (ETH) and other cryptocurrencies. However, due to their underlying volatility, these cryptocurrencies are unlikely to make up a large part of an institutional investors portfolio, he said.

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Kevin O'Leary Says His Cryptocurrency Holdings Could Access 20% Of The Portfolio - BollyInside

DUBLIN--(BUSINESS WIRE)--The "Grayscale Bitcoin Trust (GBTC) Cryptocurrency Fund: Institutional Investment 2021 Q3" report has been added to ResearchAndMarkets.com's offering.

Investor interest in Bitcoin and other cryptocurrencies surged in 2021. This report looks at institutional investment in Grayscale Bitcoin Trust (GBTC).

In general, institutional investors do no hold Bitcoin directly, but invest indirectly through trusts and funds. Grayscale Bitcoin Trust is a popular cryptocurrency fund through which investors gain exposure to Bitcoin. Investment in Grayscale Bitcoin Trust and other funds is an important measure of institutional interest and confidence in Bitcoin and other cryptocurrencies.

Institutional investors are companies that invest money, either for themselves or on behalf of their clients. Institutional investors include investment banks, commercial banks, hedge funds, mutual funds, pension funds, and insurance companies. Through the funds they control, institutional interest can exert a strong influence on market prices.

Key Topics Covered:

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/u7t3ot

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Grayscale Bitcoin Trust (GBTC) Cryptocurrency Fund Overview 2021 Q3: Investor Interest in Bitcoin and Other Cryptocurrencies Surged in 2021 -...

To withdraw cryptocurrency from your Crypto.com Exchange wallet you must first be at Starter level or higher.

Visit crypto.com/exchange and select the Log In button (upper right-hand corner).

After you have logged in to your account, click Balance (upper right-hand corner).

Find your cryptocurrency to withdraw and select Withdraw.

There are two ways to withdraw cryptocurrency from the Exchange:

OR

5. If you are withdrawing to an external address (and not your Crypto.com App), you will first need to add a withdrawal address by selecting Add Withdrawal Address.

6. Adding a new wallet address will need the following:

a. Ensure the currency selected is the right currency you are withdrawing to. You will only see relevant addresses when you decide to withdraw CRP (i.e. if you add a BTC wallet address and are withdrawing CRO, you will not see the BTC address)b. Add a Label for the addressc. Input your Google verification code d. Select Save Address

7. Select the withdrawal address in the drop-down list and review the amount you want to withdraw.

8. Select Review Withdrawal once you are ready.

9. Review Withdraw details. The amount you receive will be the amount after the withdrawal fee has been deducted, where applicable.

10. Select Confirm Withdrawal. Withdrawals to external wallets can take up to 2 hours to process.

For more information on withdrawals from the Exchange, please visit: Deposits and Withdrawals on the Exchange.

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How to withdraw cryptocurrency from my Crypto.com Exchange ...

Bitcoin extended losses, deepening its December decline with the world's most popular and largest cryptocurrency by market capitalization trading 5% lower to $47,912, after it slid below $50,000 mark on Tuesday. Bitcoin, famed for its volatility, has shed more than $21,000 since hitting a record in early November, and is up around 64% in 2021 (year-to-date or YTD).

Bitcoin has shown signs of trend reversal and has broken out of the trendline. It is retesting the support around $47k. The Bitcoin chart is making higher highs and higher lows on a 4 hour timeframe, however the $45k level needs to be defended to continue the uptrend. Immediate support and resistance are expected around $47.5k and $52k," said Siddharth Menon, COO of WazirX.

Meanwhile, Ether, the coin linked to ethereum blockchain and the second largest cryptocurrency, declined more than 5% to $3,820. On the other hand, Dogecoin prices also slipped around 5% to $0.14 whereas Shiba Inu also plunged 6% to $0.000035.

Other digital tokens such as Solana, Polygon, Litecoin, Terra, XRP, Polkadot, Stellar were also trading with cuts over the last 24 hours. Dragged by the slide in the coins, global crypto market capitalization took a knock of around 6% to $2.37 trillion, as per CoinGecko.

Cryptocurrency prices went on another roller coaster this past year: surging, plunging and then cycling again. El Salvador became the first country to make Bitcoin legal tender this year whereas the first exchange-traded fund tied to Bitcoin futures also began to trade.

Bitcoin, the most popular digital token had fallen about 30% over the past five weeks after setting a record high of almost $69,000 in early November. News that central banks around the globe are considering tighter monetary policy had weighed on risk appetite over the last few weeks.

(With inputs from agencies)

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Cryptocurrency prices today plunge. Bitcoin below $48,000, dogecoin, Shiba Inu fall over 5% - Mint

It's been a record year for the cryptocurrency market, which surpassed $3 trillion in value in November. Top cryptocurrencies like bitcoin and ether also hit all-time highs.

This mainstream adoption led to an increasedfocus oncryptocurrency regulation from lawmakers. Throughout the year, they debated framework on investor protections, taxes and more. Because of this, further regulation is likely to come.

If you were among the many trading cryptocurrency or other digital assets this past year, here are three things to do now to prepare, starting with how to get ready for the upcoming tax season.

Cryptocurrency investors must report their taxable transactions involving bitcoin, ether, dogecoin and other digital coins to the federal government on their 2021 tax returns.

If that's you, start by calculating your profits or losses. Although this can be difficult if you have multiple wallets and use different exchanges, as is common, it's up to you to sort everything out yourself. The Internal Revenue Service (IRS) requires investors to keep records "sufficient to establish thepositions taken on tax returns,"according to its website.

Prioritizing good record keeping is crucial. Though it depends on your personal factors, it's best to keep your cryptocurrency transaction history for at least three years, says Shehan Chandrasekera, certified public accountant and head of tax strategy at cryptocurrency portfolio tracker and tax calculator CoinTracker.

Going forward, you may also want to use a reputable cryptocurrency and portfolio management software tool which tracks transactions, calculates gains and losses and stores proof.

This is a way investors can "accurately build their tax profile and prove to the IRS their actual tax liability," Chandrasekera previously told CNBC Make It.

Additionally, it may be helpful to work with a CPA who can help guide you through the reporting process and help you plan for the future, especially with the growing possibility of more cryptocurrency regulation.

Throughout the past year, there's been a heightened focus on cryptocurrency regulation. Though it's impossible to predict what will be instated, it's good to be aware of what's being discussed by lawmakers.

In the Build Back Better Act, policymakers propose imposing "wash sale" rules on commodities, currencies and digital assets in 2022. If passed, this would prevent cryptocurrency investors from immediately buying back the same asset after selling at a loss.

And the bipartisan infrastructure bill signed into law in November includes tax reporting provisions that apply to digital assets like cryptocurrency and nonfungible tokens, or NFTs, and will require cryptocurrency brokers to report cryptocurrency gains in a type of 1099 form.

However, the provisions will not take effect until January 2024, and in the meantime, lobbyists within the cryptocurrency industry plan topush for amendmentsandstandalone billsto adjust them.

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Don't miss: Millennials and Gen Z to spend thousands on crypto, NFTs and metaverse land as holiday gifts

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More cryptocurrency regulation is likelyhere are 3 ways to prepare now - CNBC

Governments around the world have been looking at adopting, regulating and even banning cryptocurrencies since the inception of Bitcoin. Ever since, the crypto ecosystem has been a rocket ship ride to the moon and back (multiple times). Today, it seems that more people than ever have hopped on for the ride.

Weve also seen a massive shift toward digital platforms across all industries as a result of the pandemic. Political leaders globally have followed suit by taking steps to move their economies in the same direction.

One of the most recent examples is El Salvador, which made headlines by becoming the first country to adopt Bitcoin as legal tender (a move that has since been protested by its citizens). In the initial announcement, the countrys president directly connected crypto as a competitor to remittances, noting this would increase the amount of money low-income families in El Salvador receive from remittances by the equivalent of billions of dollars every year.

Remittances the act of individuals sending money to support their families and communities back home make up a significant component of GDP for many countries. In fact, global remittances totaled roughly $700 billion in 2020, $540 billion of which is noted to have been sent to low- and middle-income countries, according to the World Bank. El Salvador received nearly $6 billion of that. Cryptocurrencies, on the other hand, are estimated to currently make up less than 1% of the volume of global cross-border remittances.

Is cryptocurrency an effective replacement for remittances? No, at least not yet.

The demand for each of our services is a market-specific story, and its not uncommon for recipients to still pick up cash despite having real-time digital and cash pay-out options available. This is not surprising, as many individuals who receive remittances have little or no ability to pay for goods and services digitally. Instead, they use retail, bank and other physical locations in the MoneyGram network to access the funds they need.

Digital currencies are certainly an additive factor, and crypto will no doubt have an impact in the years to come. But it will take time, and there are several headwinds to mainstream adoption and displacing cash for the millions of families who continue to rely on it.

For one, cryptocurrency transfers, quite frankly, currently arent a cheaper, faster or easier alternative than cash, particularly considering the complexities of converting crypto to/from local currencies.

Specific to El Salvador, remittances accounted for around a quarter of the countrys GDPand benefit approximately 360,000 households. We know that buying and selling crypto is a much more complicated process than transferring and accepting money via a remittance platform. It is highly unlikely that all of those households are going to learn and adapt to an entirely new payment system soon.

Additionally, to buy goods or services with crypto, the digital asset needs to be converted back into local currency in almost all circumstances. Thats tough for the millions of people who rely on remittances for quick access to funds for essential daily needs.

A recent customer survey found that senders are mainly transferring money to cover the costs for the very basics of survival and well-being, primarily for food (73%), healthcare (59%) and housing (54%). Crypto is simply not ready to be the lifeline that so many of these individuals depend on for immediacy. Crypto can be particularly volatile compared to most local currencies, so we cannot rely on it as a safe haven for those who are depending on $20 to be $20 by the time it reaches them. Look no further than Bitcoins price history.

Lastly, many countries have yet to recognize or provide legal pathways for cryptocurrency trading/payments, including the United States. The hype makes it seem as if well be paying in Bitcoin for our holiday presents in 2022, but there are dozens on the other side of the aisle taking the opposite approach.

To be an effective form of cross-border payment flows, digital assets must overcome innate challenges that already dampen their adoption ability regardless of a cross-border use case, including lack of utility, expense of exchanges, complexity, volatility, and limited on and off-ramps to local currencies.

I do believe crypto and digital currencies can eventually help streamline cross-border payments. Personally, I also have a great time holding crypto as an investment and being a part of this emerging industry. However, like most new technologies, digital assets still have their fair share of obstacles to address before they become the norm in global remittances.

Disclosure: MoneyGram has embarked on a partnership with Stellar that allows digital wallets connected to the Stellar network to access MoneyGrams global retail platform.

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Is cryptocurrency an alternative to remittances or an additive factor? - TechCrunch

Tron's native coin is called Tronix (TRX)

Cryptocurrency has offered a diverse set of options for investors. From Bitcoin to Ethereum, there are many crypto coins to choose from and they carry both benefits and shortcomings. Improvement is the new buzzword in the crypto industry and many new platforms are being built or modified to maximise the appeal of these virtual coins.

Tron is one of the latest coins that promise to minimise the expense incurred by investors to start trading in it. Developed in 2017 by tech entrepreneur Justin Sun, Tron is a blockchain-based decentralised digital platform and its native coin is called Tronix (TRX). Tron is aimed at democratising the content distribution industry through permissionless protocols.

Tron And Smart Contracts

Allowing smart contracts, Tron helps developers build and deploy decentralised applications (dApps) that can be designed for practically any purpose including online games, decentralised exchanges, yield farms and open lending platforms. Tron's fundamental goal is to give people access to content that isn't restricted by geography, censorship, or limits. Users of the network use TRX to pay the content creators to access their applications without needing any corporate middlemen such as Amazon or Netflix. Simply put, it means those who own Tron will have absolute control over the data they create, including how it is distributed to the audience. Users can store their crypto assets on a desktop, mobile phone, or hardware wallet.

Tron Foundation

Tron, which had more than 50 million accounts as of August this year, includes a number of features that help achieve this goal. Backed by the Tron Foundation a Singapore-based non-profit that assists with the development of the ecosystem, Tron has now become one of the top 20 cryptocurrencies by market capitalisation and briefly also held a place among the top 10. Tron offers zero transaction fees.

How Can It Be Bought In India?

Tron coins can be bought in India from any of the major exchanges such as WazirX, Zebpay, CoinSwitch Kuber, CoinDCX.

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What Is Tron? Where Can You Buy Tron Cryptocurrency In India? - NDTV Profit