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FAQ

Frequently asked questions

Is Tron worth buying?

Cryptocurrency market analysts mention the snowball effect regarding the Tron currency and believe that the price of this digital currency will experience excellent highs in upcoming years. Smart contracts will play an important role in the development of Tron in the future, and the low cost of transactions and fast processing time will attract many users to this network. Additionally, the supply of Tron is limited and a specific number is provided which can help with the increase of its value over time. However, we must not forget that investing in the cryptocurrency market requires knowledge and experience.

What are the advantages of using PayPal?

PayPal as a payment platform is secure, easy to use, and fast to finalize. Its main advantages rely on security as it gives an extra level of fraud prevention. It also encrypts your bank or credit card information to keep it safe.

Who are the founders of Tron?

Tron is the brainchild of a young Chinese entrepreneur named Justin Sun. Justin Sun worked on Ripple before Tron. Big Chinese companies such as Bitmain, QTEM, Binance, and FBG Capital have supported him. The second most important character in Tron is Lucien Chen. He was one of the senior employees of big companies such as Tencent and Alibaba, and now he is the leader of Tron's technical department and has a history of working in cryptography, advertising, algorithm writing, and big data. Not much information is available about the rest of Tron's team. Tron's website claims to have more than 100 employees who have worked in companies such as Baidu, Tencent, and Alibaba.

Does PayPal have fees and charges?

Digital currency traders do not have to pay fees for their transactions using the PayPal payment system. Also, digital currency users can convert their digital currency balance to fiat currency easily and without additional costs. Plus, no exchange fees are charged for cryptocurrency transactions on our exchange.

What are some organizations that use Tron?

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.

What are the transaction limits using PayPal?

With a verified PayPal account, you can send up to $60,000 per transaction. You’ll also have no limits on how much money you can send from your account overall. There's also a standard limit of 30 transactions per day.

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