How & Where To Buy Tron (TRX) Cryptocurrency?
Tron is the new kid on the blockchain.
Tron aims to compete directly with Ethereum by becoming the defacto operating system of the internet. But frankly speaking, Ethereum and Tron are a long way in achieving their original goals.
Anyways, Tron is now claiming to be better than Ethereum with a capacity of 200,000 transactions/second which is way beyond Ethereum.
Plus Tron’s marketing team is quite competent to create the necessary buzz around Tron platform- another platform to host DApps and smart contracts.
That’s many investors like you are interested in adding Tron (TRX) to their portfolio. And to satisfy the needs of such investors, today in this guide we are going to talk about all the avenues that are available for them to buy Tron (TRX) coin.
So let’s dive in:
How To Buy Tron (TRX) Cryptocurrency?
Being in the top 10 cryptocurrencies on CoinMarketCap is enough to get noticed.
That’s why many cryptocurrency exchanges have listed Tron coin on their exchanges.
But before, I tell you about those exchanges; I want to tell you about all the avenues through which you can buy Tron (TRX) coin.
So some of the popular ways to buy Tron coin are listed below:
- Buy Tron (TRX) with Bitcoin or Ethereum using Changelly
- Buy Tron (TRX) with USD or EUR like fiat through bank transfer or account
- Buy Tron (TRX)) peer-to-peer with Cash
- Buy Tron (TRX)) from Tron exchanges with other cryptocurrencies
- Buy Tron (TRX) with credit/debit card
Now that you are aware of all the popular ‘How to’ options for purchasing Tron let us see where you can buy Tron cryptocurrency through each of these options.
Where To Buy Tron (TRX) Cryptocurrency?
#1. Buy Tron (TRX) with Bitcoin or Ethereum using Changelly
If you have currencies like BTC or ETH then buying TRX from Changelly like service is quite easy.
For those who don’t know Changelly, it is a crypto-to-crypto instant swap service that helps you exchange one currency for another.
So if you have any changelly supported cryptocurrency, then you can easily exchange it for Tron. Moreover, the fees charged for such exchange is as low as 0.5%, and I think this is worth paying for avoiding the hassle of order book exchanges.
To be able to do this through Changelly, you will need this:
- First, get your Tron wallet address ready where you would like to receive your Tron.
- Second, you should have some bitcoins/altcoins to exchange for Tron.
So what are you waiting for?
Go ahead and claim your Tron !!
#2. Buy Tron (TRX) with USD or EUR like fiat through bank transfer or account
I know many of you won’t be having cryptocurrencies and would like to buy Tron directly in fiat currencies.
Though this is possible but not many options are available for you to this. Anyways, some of the services that let you buy Tron coin with USD, EUR, like fiat currencies are listed below:
- Exmo: Supported pairs are, TRX/USD
- BitBay: Supported pairs are, TRX/USD, TRX/EUR, TRX/PLN
- Bittrex: Supported pairs are, TRX/USD
But on all these exchanges, you need to complete your KYC because you will be dealing here with fiat.
Many people even ask ‘how to buy Tron with Coinbase?’, for them. Unfortunately, Coinbase doesn’t support Tron directly, but you can buy BTC from Coinbase first and transfer to the above-listed exchanges to exchange it for TRX.
#3. Buy Tron (TRX)) from Tron exchanges with other cryptocurrencies
Want to avoid KYC and verification checks?
Well, then you have many options, I must say.
TRX coin can be bought from many crypto-to-crypto exchanges that only deal in cryptocurrencies. That’s why you need not comply with any KYC rules while using these exchanges
Another benefit of using these cryptocurrency exchanges is that you get access to real-time order books and advanced trading tools to decide your buying bid.
Here is the list of some of the best Tron (TRX) exchanges where you can get TRX in exchange for other cryptos:
- Binance: Supported pairs are TRX/BTC, TRX/ETH, TRX/USDT
- Exmo: Supported pairs are TRX/BTC
- Gate.io: Supported pairs are TRX/BTC, TRX/ETH
- Huobi: Supported pairs are TRX/BTC, TRX/ETH, TRX/USDT
- BitBay: Supported pairs are TRX/BTC
#4. Buy Tron (TRX)) peer-to-peer with Cash
Peer to peer trading in any cryptocurrency isn’t illegal, and the same thing applies to Tron too.
But unlike Bitcoin or Ethereum, for less known currencies like Tron there are no peer to peer trading services that provide escrow. That’s why dealing in peer to peer fashion for Tron can be risky.
Moreover, there are no Tron-ATMs where you can buy/sell Tron in cash.
But in any case, if you find any reliable trader in your local community whom you can trust, there is no one stopping you to exchange Tron.
#5. Buy Tron (TRX) with credit/debit card
Lastly, I know there are many Tron lovers with low time preference who want to get hold of their TRX coins as soon as possible. But unfortunately, Tron cannot be bought with credit/debit cards as of now.
It might become so in the future, and we will keep you posted about it as soon as it happens.
Conclusion: Which Is the Best Way To Trade (Buy/Sell) Tron (TRX) Coin?
All the options and services that we have listed above are tested ones. So feel free to rely on them based on how you want to buy Tron cryptocurrency?
But one thing that we want to tell you is, you should not rely on these services and exchanges to store your TRX coins because these exchanges are not safe for that purpose.
Instead, we urge you to look at some of the best Tron wallets and then decide according to your convenience and security preferences which wallet you want to choose for your TRX coins.
That’s all from us today, and we shall be back with a new crypto guide soon that will help you stay ahead in the crypto game !!
Untill that time feel free to follow us on Twitter at @themoneymongers and do share this post with your friends, if you find it useful.