So you’ve made the decision to add Tron Coins to your cryptocurrency portfolio and you want to know how to buy Tron Coins. This is a complete guide that will provide you with every step in detail so that you can own the Tron cryptocurrency. In this guide, we want to try to finish your search for Tron’s cryptocurrency.
What is Tron and who invented it?
Tron was founded in 2017 by Justin Sun. It raised more than $ 81 million from crypto investors. Tron was founded with the goal of completely decentralizing the Internet by giving people the ability to create and access everyday media without the use of a third party. Tron’s cryptocurrency is called TRX. When released, a TRX was worth $ 0.002.
How do I buy Tron Coin?
There are several exchanges where you can buy Tron coins, and each exchange has its advantages and disadvantages. However, you will not be able to purchase this coin using a debit or credit card. To own Tron cryptocurrency, you need to exchange it for Bitcoin or Etherum. If you don’t own any of these currencies, you can buy them on any well-known exchange like Coinbase and Kraken.
How do I buy Tron cryptocurrency on Binance?
Before you can buy Tron from Binance, you need to create an account with the exchange. Binance is one of the world’s leading crypto exchanges. After logging in, find the deposit address for Bitcoin or Ethereum. You can find this by clicking on the deposits in the navigation bar. Now enter the name of the cryptocurrency you are depositing and the deposit address will be displayed.
Now go to your wallet or exchange where you stored BTC or ETH. Select the option to send and paste the address copied from Binance and click Confirm. It usually takes 20 to 30 minutes to receive money. Now you have received your BTC or ETH in your Binance account. To buy Tron, go to the Binance main page and select the trading BTC / TRX or ETH / TRX, depending on which cryptocurrency you have transferred to your Binance account.
Once you find your trading pair you will be taken to a page where you have two options: “Limit” or “Market Order”. A market order would allow you to buy any amount of TRX at the current price. The restriction order allows you to specify conditions and run the order when those conditions are met. At this point, if you want to own Tron cryptocurrency, your best bet is to go for a market order. You can enter how much you want to buy TRX in the Buy column and then click Confirm. You have now successfully purchased TRX.
How do I buy Tron on Bittrex?
Bittrex is also a crypto exchange that allows you to trade TRX. To buy TRX from Bittrex, you first need to create an account on the exchange. After creating the account, transfer your Bitcoin from your crypto wallet to the Bittrex account by following the steps above. Now that you have a credit on Bittrex, navigate to BTC / TRX trading caker, and you will land on a page where you will see the option to buy TRX. Enter the desired amount and click on Confirm.
Crypto Exchanges That Support TRX
OKEx was introduced in China in 2014. You can trade more than 100 different coins with it. The exchange is also known for its security. Depositing cryptocurrency in OKEx is free, but it is charged between 0.02% and 0.2% depending on the status of your account.
HitBTC is a multi-currency crypto exchange launched in 2013. This exchange allows you to deposit using fiat currencies such as USD and Euros. If you choose the Fiat option, you will be asked for proof of identity when exchanging. It may take a few days for your account to be verified. If you need TRX right now, your best bet is to use BTC or ETH and then swap it for TRX.
How can I dismantle Tron?
There is no way to dismantle TRX directly. All TRX coins are pre-mined. But earlier this year, Tron brought to life A service that miners can use to mine TRX indirectly. When miners join the pool, they mine Etherum internally, but receive TRX at their addresses. In a way, miners can move seamlessly from ETH to TRX.
We hope your search for the place to buy Tron is over. If you follow the above steps carefully, you can buy TRX with no problems. When dealing with cryptocurrencies, it is highly recommended that you be extra careful and always check the website you landed on. In our “How Do I Buy Tron Cryptocurrency Guide?We have provided several trusted exchanges where you can buy TRX on the go. In the comments, let us know what you think about Tron cryptocurrency or anything that can help others trade TRX easily.