While Decentralized finance (DeFi) protocols are exponentially growing, one crypto, TrueFi (TRU) is making headlines and attracting lots of interest from investors.

Invezz has therefore taken upon itself to create a brief article to help investors and traders with how and where to buy TrueFi (TRU) and also with enabling them to understand what TrueFi protocol and TrueFi (TRU) is.

To find out more, continue reading through the article.

To buy the TrueFi (TRU) online, you require to choose a crypto exchange platform that lists the TRU coin, create an account and then proceed to buy the TRU coin by depositing funds using either of the allowed methods (either fiat or crypto).

After a thorough research by a team of professionals at Invezz, the following exchanges were selected as the best platforms where you can buy TrueFi (TRU) online:

eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.

Register with eToro instantly

Coin Kong facilitates rapid buying and selling of cryptocurrencies. Robust security, transparent fee charges and excellent customer support make this a great option for newcomers.

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TrueFi (TRU) is the native cryptocurrency of the TrueFi protocol, an uncollateralized lending protocol. If you are hearing about this protocol for the first time, it allows crypto users to get loans that have predictable interests without the need for collaterals like most other crypto lending platforms like Compound and Aave.

The TrueFi (TRU) is basically used for governance within the TrueFi protocol.

TrueFi protocol aims at becoming a market-driven, automated credit rating and lending protocol.

Going by the recent price hike of TrueFi (TRU) in the last few days, it could be a good investment especially if you are looking to invest in crypto associated with a DeFi platform.

However, you should be cautious since the cryptocurrency market is very volatile and the prices could change by a huge margin in just a fraction of a second, especially noting that this is relatively new crypto.

The Binamon is a relatively new blockchain and the TrueFi (TRU) coin has not been in the market for long. It started being traded in November 2020; meaning it has been in the market for less than a year. Therefore, it could be difficult to predict its next market movement. However, it has shown great prospects of becoming a force to reckon with following its market swings within the short period it has been trading.

We're proud to announce a $12.5 million fundraise by @BlockTower @a16z & @AlamedaResearch.

These funds will be directed to scaling #TrueFi, the world's leading uncollateralized lending protocol, powered by $TRU

Read more from @FrancesYue_ on @CoinDesk:https://t.co/hZXnCKEh1b

🚀New Listing

CoinEx Will List $TRU on August 5@TrustToken is a protocol for uncollateralized lending, powered by the first-ever on-chain credit scores and governed by holders of the TRU token.https://t.co/4xYtD6ek38#CoinExListing #CoinEx #USDT #Crypto #cryptocurrency pic.twitter.com/2o6Ouu5xBv

The post TrueFi (TRU) up 355% in the last 30 days: here is how and where to buy it appeared first on Invezz.

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