How to Buy TRON (TRX)
Make your investments work for you: Buy and sell TRON and 40+ cryptocurrencies instantly.
How to buy TRX
Just 3 easy steps to start investing in TRON
Create your account
Sign up on the website, and verify your account with complete information.
Select a payment
Select whether you want to purchase TRX with PayPal, Google Pay, etc.
Choose TRX, select how much you want to buy, and make your first investment.
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Learn more about TRON
What is TRON ?
Tron is a kind of decentralized entertainment system and content sharing platform that works using blockchain technology and peer to peer network. This protocol allows all users to publish, store and own data and content in a completely free, decentralized and automatic way. You can consider Tron as the next generation of social networks that you can use to create content and share it with other people anywhere in the world. The TRON protocol is among the largest blockchain-based operating systems in the world. This network is highly scalable and has high throughput. One of the contents produced by Tron is decentralized applications (dApps). Tron is able to support a wide range of decentralized applications in its network. People who are fans of social networks, games and other online entertainment will surely enjoy the efficiency of the Tron network in the future. In fact, using the Tron network, users can create decentralized applications and programs for these entertainment purposes.
Blockchain Tron has the capacity to perform 2000 transactions per second with zero fees. While in Bitcoin and Ethereum blockchain, this capacity reaches 7 and 15 transactions per second. In May 2019, Tron was able to reach Bitcoin's ten-year performance in 319 days. In order to achieve its goals, in July 2018, Tron acquired BitTorrent, the world's largest data sharing platform.
Learn more on Tron official website.
What is TRX ?
Tronix or Tron is the main unit of resources in the Tron blockchain and is actually the money that is given to users for content creation. This cryptocurrency is represented by the symbol TRX. The symbol TRX is widely used on exchanges to address Tron currency.
Is TRON reliable
Delegated proof-of-stake consensus, which powers Tron, is its primary security feature. Every six hours, the network rotates its validators, who are each chosen by voters (users who staked TRX tokens). The Tron community has the opportunity to participate in the Bug Bounty Program, which is a method of crowd-sourcing to combat the never-ending stream of bugs that can be connected to software development. This is in order to both contribute to the development and earn rewards. The Tron Foundation rewards any bugs or vulnerabilities discovered through this program with sizable TRX rewards. This is a progressive attitude toward system security that ensures the safety of the Tron ecosystem.
After you've bought TRX
The Tron network is currently capable of supporting various applications and games. Besides its main use case as a platform for content creators, Tron is often used to transact, as TRX transactions come with no fees whatsoever. There are many uses for TRX, including paying for goods and services, running native smart contracts, commissions and fees, and buying other tokens issued on the Tron blockchain. These uses may increase the demand for TRX, which would raise TRX's price accordingly. Moreover, you can hold TRX as a digital asset for investment purposes and cash it out quickly whenever you need.
Your entry to the world of crypto
Other Methods of buying TRON
Where can I buy TRON
If there is any crypto ATM near you, it is possible to buy some coins with these machines and you should check to see whether it sells TRON or not. However, the process is not as simple as it seems. Furthermore, the ATM rates are somehow more than other methods.
You can buy TRON directly from another person over the web.
Crypto Exchanges are the safest places for buying TRON. You can use Blocktrade as a cheap, secure, and global exchange to buy TRX. You don’t need to pay any trading fee while using Blocktrade exchange. Sign up for free, create an account, and purchase TRX with a few clicks.
How to sell TRON
Sign up and verify your Blocktrade account
You’ll need a username, email address and a strong password to sign up on Blocktrade. Then, you'll be guided to verify your account.
Deposit TRX to your Blocktrade account
To sell TRON on Blocktrade, generate a deposit address and transfer the desired amount - just as simple as sending it to any TRON address.
Start selling TRON!
Once you deposited your TRON in your Blocktrade deposit address, you’ll be able to sell your TRX.
Frequently asked questions
Yes, you can. The smallest unit of TRX is called SUN. 1 TRX is known to be equivalent to 1,000,000 SUN. Therefore, you are able to buy 10-6 Tron worth of units.
To purchase Tron, there is no set minimum requirement. You can purchase a minimum of $10 worth of Tron through our exchange using the payment method of your choice, and the transaction will be processed and added to your portfolio of cryptocurrency assets.
The cost of buying TRON can vary depending on where, how, and when you purchase it. Typically, the price is determined by supply and demand in the cryptocurrency market. The price can also be influenced by market sentiment and news about the cryptocurrency. To find the current price of TRX, you can either log in to our website and see the real-time price or check our TRON Calculator to see the price of TRON in your desired currency.
You can use digital wallets to store crypto tokens such as TRX. Tron’s official website has introduced several different wallets for storing TRX. TronLink is one of Tron’s authentic wallets, introduced by Tron’s official website. This wallet can be installed on mobile phones and two operating systems, Android and iOS. Also, by downloading the extension of this wallet, it can be installed on the Google Chrome browser. You can also use the wallet provided by our exchange, which makes trading TRX much easier. Note that hardware wallets are still the best option for storing Tron. However, because hot wallets can quickly connect to a number of protocols, many people continue to prefer them.
There are several options to buy TRX such as cryptocurrency exchanges, Peer-to-peer marketplaces, TRON brokers, etc. However, cryptocurrency exchanges are among the most popular ways to buy TRON for beginners. You can easily buy TRON without any buying fees from our exchange.
Some of the most well-known corporations who work with Tron closely include: Refereum, which is an online gaming platform where the Tron blockchain awards TRX tokens to users who play or watch the game to promote themselves; Metal Pay, which is an international online payment system and in cooperation with Tron, it has provided the possibility for users to buy digital currency with their cash all over the world; and Samsung, by using Tron, Samsung has given its users the possibility to access the decentralized applications of the Tron network. Cooperation with Samsung is one of Tron’s biggest achievements.
There is no right time to buy TRON, as the price is highly volatile and can fluctuate rapidly. Some experts believe that the best time to buy is when the price is low and predicted to rise, while others believe in buying and holding for the long term.
It is always recommended to do your own research, understand the risks, and have a clear investment strategy before buying TRON or any other cryptocurrency.