What is a TRUMP coin?
Overview
The Official Trump (TRUMP) coin has taken centre stage in the crypto market following Donald Trump’s re-election as U.S. President for a 2nd term. The launch of TRUMP, a meme coin unveiled by Donald Trump before he assumed office as the 47th President, has sparked a new wave of enthusiasm within the digital asset space. Released on the Solana (SOL) blockchain, the TRUMP coin quickly made waves, reaching a $70 billion fully diluted valuation (FDV) within 60 hours after its release. The meteoric rise propelled $TRUMP into the ranks of the 15th largest crypto asset, globally, fuelling optimism for the broader market. According to CoinMarketCap, the TRUMP coin is currently trading at $43.12 (as of 12.54 PM IST), with a market capitalization worth $8.62 billion and a circulating supply of 200 million tokens.
Use Cases
- The TRUMP coin can be traded on exchanges, offering liquidity and participation for traders.
- The coin runs on the SOL blockchain, promoting its speed, scalability, and decentralised exchange (DEX) capabilities.
- The TRUMP coin reflects public sentiment towards Donald Trump, acting as a gauge for political and market shifts.
- $TRUMP enables supporters to engage and connect with Trump’s brand in the digital space, even without traditional governance features.
- Investors can use $TRUMP to diversify their crypto holdings, adding a politically-influenced asset to their portfolio.
Why Buy TRUMP coins on ZebPay?
Benefits of Using ZebPay for Crypto Trading
- 10+ Years of Legacy: Over a decade of experience in the crypto industry, providing trust and reliability to users.
- 300+ Crypto Pairs: A wide selection of crypto assets, offering diverse options for trading and investment.
- 24/7 Support: Round-the-clock customer support to assist with any queries at any time.
- 6 Million+ Registered Users: A large and growing community of registered users, reflecting ZebPay’s commitment to the crypto industry.
- Leverage Trading with Perpetual Futures: The ability to trade with up to 75x leverage.
- CryptoPacks for Diversified Investing: CryptoPacks are Thematic Portfolios curated by industry experts, making it easier for users to diversify their investments. With over 10 different portfolios which cover coins of various themes within crypto – CryptoPacks offer a seamless way to get started with your crypto journey.
Security
- Information Sharing: ZebPay doesn’t share user information or account updates on social media.
- 2-Factor Authentication: Users must complete 2FA to access the platform, with account freezes after multiple failed attempts.
- Cold Wallets: Assets are stored in secure cold wallets, offline and managed with trusted partners for safety.
- Strong Internal Controls: ZebPay uses firewalls, access controls, and detection tools to protect infrastructure and monitor employee access.
- Constant Third-Party Testing: Regular internal and external security testing ensures platform safety.
- Bug Bounty Program: ZebPay rewards security researchers for finding potential vulnerabilities to improve customer safety.
Steps to Buy TRUMP coin on ZebPay
- Download and Register on ZebPay: Install the ZebPay app and create an account to start trading.
- Complete Your KYC and Bank Verification: Submit identity documents and link your bank account for transactions.
- Fund Your ZebPay Wallet: Deposit funds into your ZebPay wallet via bank transfer or other supported methods.
- Search for TRUMP coin (Available on Quick Trade & Perpetual Futures): Find TRUMP coin in the app and choose to trade on QuickTrade or Perpetual Futures.
- Place Your Order: Select the amount of TRUMP coins to buy or sell and place your order.
Tips for Trading TRUMP coin
Understanding Market Trends
- Technical Analysis: Focus on chart patterns, trends, and key indicators like moving averages and support/resistance levels. This helps you make informed entry and exit decisions.
- Fundamental Analysis (Tokenomics): Understand the token’s supply, demand, and utility. Review its total supply, distribution, and any incentives or staking mechanisms, as these factors influence the coin’s long-term value.
- Macroeconomic Factors: Pay attention to broader market trends, including regulatory developments and economic conditions that could impact the crypto market and TRUMP coin’s price.
Setting Stop-Loss and Target Prices
- Stop-Loss: A stop-loss is an order placed to automatically sell your asset if its price falls to a certain level. This helps limit potential losses in case the market moves against your position.
- Target Price: A target price is a predefined price at which you plan to sell your asset to secure profits. Setting a target price ensures you exit a trade at your desired profit level without emotional decision-making.
FAQs about TRUMP coin on ZebPay
Is TRUMP coin a Good Investment?
To determine if TRUMP coin is a good investment, it’s important to do your own research (DYOR) by analysing its project, tokenomics, and market trends. Understand its utility, the team behind it, and its long-term potential, while considering the risks and rewards. Please note, that this should not be considered as financial advice—always conduct your own research before making any investment decisions.
Are There Any Fees for Buying TRUMP coin?
Yes, there are standard fees applicable for buying the TRUMP coin on ZebPay. For more details on the fee structure, you can refer to the fees page.
How to Store TRUMP coin Securely?
On ZebPay, your TRUMP coin is securely stored, as the majority of our assets are kept in multi-sig cold wallets, ensuring they remain offline and protected from cyber threats. ZebPay’s multi-stage security protocol adds additional layers of protection, including encryption and advanced monitoring systems.
Conclusion: Get Started Today
ZebPay offers a secure and trusted platform to buy and trade the TRUMP coin. With over 10 years of trusted legacy, robust security measures, and 24/7 support, ZebPay ensures your assets are safe. Start by registering, completing your KYC, and funding your wallet to access the TRUMP coin.
Unravel everything that you need for your crypto journey via ZebPay blogs. Get started today and join 6 million+ registered users on ZebPay!
