TRONex is a new investment platform based on TRX blockchain smart-contract technology. Let's take a quick look to see if it is worth your time.
Is it safe?
While it is new, the platform has gone to great lengths to demonstrate it is legit. It has officially registered its company name: TRONex LTD (#12739027) and the company's status can be checked here. TRONex's certificate of incorporation can be viewed here and its smart contract has been audited by an independent company GROX Solutions (a certificate of audition can be seen here). You can also check out the TrustPilot review of the site.
How to use TRONex
The platform is easy to use.
1. Go to the TRONex site and connect a TRON browser extension, such as TronLink or TronMask, or a mobile wallet app like TronWallet or Banko.
2. Send any amount of TRX amount (100 TRX min) using the website "invest" button.
3. Wait for earnings (deposited hourly). 4. Withdraw earnings anytime using the website's "withdraw" button.
Investment Conditions
1. The basic interest rate earned on all deposits is 1% every 24 hours (or 0.0416% hourly)
2. There is a hold bonus of +0.1% for every 24 hours without withdraw
3. Total contract amount bonus: +0.1% for every 1,000,000 TRX on platform address balance (current contract bonus is 2.1%. View smart contract here).
This means right now investments on TRONex earn 3.1% daily.
Fund Distribution
1. 82.5% of the platform main balance goes to participant payouts
2. 8% is directed to advertising and promotion
3. 7.5% goes to affiliate program bonuses
4. 2% to support technical functioning and administration of the site
Conclusion
While the TRONex platform is brand new, there are signs that it is legit and safe but only time will tell. The old Bank of TRON was said to be high risk. Yet, it lasted for 15 months. The old Bank of TRON never had a good support team or a sustainability program like TRONex. Life is full of risks but if you don't take risks you are bound to failure.
