Trx Chain is a new scam program launched on Tron blockchain. It promises users 1% of their investment daily for 310 days. The website is said to be linked to Andreas Kartrud as owner. Trx Chain also goes by the name Tron Chain. The Ethereum version of the program is dubbed Etherchain which is currently on the verge of closing down.

Andreas Kartrud is a renown serial scammer. It was reported that he was among the top promoters of Wotoken and many other programs which had turned out to be a scam and had been shut down even before he launched this new program.

Trx Chain is not the only website associated with Andreas Kartrud. He is said to be the owner of Etherchain, a similar Ponzi scheme that he is running on Ethereum blockchain. Trx chain is a replica of Etherchain. The only difference is the blockchain each is running on.

Besides the claim that the alleged owner of Trx Chain is a serial scammer, the program’s contract has not been audited. As such, it cannot be said to be safe. Majority of Smart Contract programs by scammers usually come with a backdoor code that allows the owner to withdraw all the money in the contract whenever they want.

If you are not new to the crypto world, I am sure you would have heard about Bank of Tron, 200Tron, Tron250 etc. All the aforementioned offered similar promises but when the balance of the contract got high, the creator swiftly moved all the crypto into their address.

You can search Bank of Tron or 200Tron on Google to see what people are saying about it. Trx Chain is a scam and all their users both new and old members have been programmed to lose.

Don’t deceive yourself by thinking you are investing in a smart contract that cannot be broken or altered. Before the code was deployed into the blockchain, the scammer already made a provision for exit which nobody, not even the creator, can change.

Smart Contract is simply an agreement which is made immutable by a blockchain. You can agree to forfeit all your funds to a scammer and the blockchain will help make sure the agreement is never broken by always giving the scammer access to your fund whenever he/she wishes.

Just recently, one of the leading Ponzi schemes on Tron, Cyberchain, exited. The balance of the contract which was around 1.7Mln USD has been cleared to zero. You can check it on Dappradar. I don’t know how many times they will do this to people before we all learn our lessons.

There is no difference between Trx Chain and Cyberchain. They both have the same template and mode of operation. That Trx Chain is paying now, does not mean the owner will not close it and run away with users’ crypto when the balance reaches his/her expectations.

For those that will like to act smart by getting in and getting out early before it crashes, you will need to wait for at least 100 days before you earn your capital which I am very sure, bef0re then, they would have drained the balance. So, what is the essence of joining when you know you are will definitely lose?

If you love yourself and don’t want to lose that your hard-earned money, stay away from Trx Chain. It is a scam!