Buy TRON
in Hungary

Tron (TRX) is one of the digital currencies that has been very profitable for its investors over the years, especially those who have entered the currency market for the first time. In 2017, Tron was released in the market at a price of $0.002. In January 2018, the price of each unit of Tron reached $0.028. This means that Tron has grown by more than 10,000% in one month. In 2018, due to the downward trend of all currencies, Tron also found a downward trend. But it still had one of the best performances among other currencies in terms of price. The price fluctuated a little bit over the following three months before experiencing another uptick at the end of April 2018 when TRX doubled in less than two weeks. The price changes over the ensuing two years weren't as eventful as earlier ones. The price of TRX started to increase at the beginning of 2021 and, for the first time in nearly three years, it broke through $0.06. Even though the current crypto market is going through a fluctuating pattern, some crypto market professionals have predicted that TRX would reach $0.15 in 2025 and will be traded for at least $1.37 in 2030. Still, keep in mind that this is not a buying signal. We recommend entering the crypto market after examinations and receiving consultancy from experts.

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.

According to the Finance Ministry of Hungary, investing, trading and mining cryptocurrencies are legal in Hungary. But note that a legal definition for cryptocurrencies is still developing. This means that cryptocurrencies are not an official form of legal tender yet. Legal tenders are anything recognized by law as a means to settle a public or private debt or meet a financial obligation. It is estimated that Hungarians own about 300 billion HUF (850 million EUR) worth of cryptocurrencies.

Yes. According to the new regulation of National Tax and Customs Administration (NAV), from 2022, 15% personal income tax will apply to cryptocurrencies. But note that you only need to pay taxes when you exchange your cryptocurrencies for traditional currencies such as euros. You do not have to pay tax for exchanging a cryptocurrency for another cryptocurrency. According to the new regulation mentioned above, investors can deduct their losses from their tax base. Also under the same regulation, you can have the option to deduct expenses related to trading from your tax base, such as fees of crypto exchanges. Although the new regulation will make the taxation of cryptocurrencies more transparent, Hungary still lacks detailed regulation on this topic.

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.

Every resident of Hungary can convert, buy, and sell cryptocurrencies with fiat. Some supported payment methods are: Bank Deposit and PayPal. Buying is pretty easy for residents of Hungary, choose our exchange, verify your ID, connect your payment method, and buy away.