A Dropil investment works double duty in that you can hold your coins to allow them to appreciate in value or you can use them to pay for services on their automated trading platform. Their bots will look to perform profitable trades for you automatically. This is not really anything new, it's just in a prettier package.
Trading bots have existed in cryptocurrency for years, and I have some very big reservations about how they are going to operate on exchanges to make trades. There are also some serious questions regarding the legal status of Dropil's ICO that should give potential investors pause. Read on to see my entire analysis of this new baby ERC 20 token and their proposed autonomous technology.
If you do decide to buy Dropil there are a few exchanges on which you can do so. There is equal liquidity for both the Bitcoin and Ethereum pairs. You should be able to use either of these pairs to complete your trade quickly and easily.
This is an ERC20 token, which can be stored in any wallet that is capable of holding Ethereum and ETH assets. There are many, many options for this such as My Ether Wallet, Coinomi mobile wallet, and the Ledger hardware solution for cold storage. It's not advisable to ever keep your coins on an exchange, especially the smaller once as they are apt to vanish with your investment.