How to Buy TRON (TRX) in 3 Simple Steps

TRON Logo TRON (TRX)
Price
...
24hr ...
7d ...
Market Cap ...
TRON Logo
Fact Checked
While all our writers independently research and evaluate every product that we write about, this post may contain references to products from our partners that we may earn commission from. This in no way affects how we evaluate them. Find out more about how we test and how we fund this site.

Tron is a blockchain that is used to support a number of decentralised applications that are bringing utility and value to the crypto space. The Tron network was launched in 2018 and has since been branded an “Ethereum killer” by its proponents. 

This page will explain where you can buy Tron, as well as sell and trade its native token, TRX, in the simplest way possible, and how Tron gains an edge over its rivals. 

How to Buy Tron (TRX)

You can purchase Tron online using a cryptocurrency exchange. This is the easiest way to buy and sell cryptocurrencies—all you need is a computer or mobile device. See below for our top picks of platforms that offer Tron and simple steps to buy Tron.

1. Choose a platform

Signing up with a reputable broker or exchange that accepts Tron will be the first step of your investment journey when looking to buy Tron. We have selected the best platforms for you to buy Tron because of their low transaction fees, data protection, and user-friendly features. 

 

1
Min. Deposit
$ 10
Promotion
User Score
5
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.
2
Min. Deposit
$ 1
Promotion
User Score
5
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
Payment Methods:
Credit Card, Debit Card, PayPal, Payeer, SEPA, Western Union, Wire Transfer, Yandex Money
Full Regulations:
3
Min. Deposit
-
Promotion
User Score
5
Sign Up Bonuses
App Available
Supports Multiple Altcoins
Start Trading
Description:
Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies. Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low fees.
Payment Methods:
Full Regulations:

2. Create and fund your account 

You will have to provide a few things like photo documentation of yourself and proof of address to confirm your account. After this, you can deposit fiat onto your account using a variety of methods including PayPal and credit or debit cards like Visa, and Mastercard.

3. Buy Tron

You can buy Tron instantly on your favoured cryptocurrency exchange by selecting the trading pair that best fits your local fiat currency. For instance, if you live in the United States, you will want to choose the buy TRX/USD trading pair. 

Table of Contents
1
Min. Deposit
$ 10
Promotion
User Score
5
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.
2
Min. Deposit
$ 1
Promotion
User Score
5
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
Payment Methods:
Credit Card, Debit Card, PayPal, Payeer, SEPA, Western Union, Wire Transfer, Yandex Money
Full Regulations:
3
Min. Deposit
-
Promotion
User Score
5
Sign Up Bonuses
App Available
Supports Multiple Altcoins
Start Trading
Description:
Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies. Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low fees.
Payment Methods:
Full Regulations:

What Is Tron?

Tron is a blockchain network that is home to a growing number of decentralised applications (dApps) and smart contracts. Many of these dApps operate in, and advance, evolving spaces that have come to define the crypto sphere like decentralised finance (DeFi), Web 3.0, and the Metaverse. 

Tron’s ecosystem is similar to that of Ethereum’s but unlike the latter, it offers faster transaction speeds and lower transaction fees that are paid in TRX, the native token of the network. The founder of Tron, Justin Sun, once notably suggested that Tron will eventually overshadow Ethereum’s market capitalisation for these very reasons.

TRX is the primary means of paying fees for all transactions on the diverse dApps found on Tron’s blockchain. Holding TRX tokens also provides users with the ability to earn rewards by loaning out their coins for certain periods of time so they can enhance the security of Tron’s network.

In addition to this, Tron uses a delegated Proof of Stake mechanism as the consensus model to govern its platform. This means that Tron’s community votes for 27 “super representatives” to take charge of many of the democratic decisions shaping Tron’s ecosystem and any potential updates to it. 

Ways to Invest in Tron

As an investor, you’ll want to shape your approach toward buying Tron around your present financial position and your financial goals for the future. Some cryptocurrency investors will choose to allow the value of the TRX they own to appreciate over time while others will look to make faster –– but potentially smaller –– profits by only holding onto their TRX for the short-term. 

Buy and hold Tron

The most popular strategy for investors tends to be buying and holding onto Tron for the long term because it requires a limited amount of skill and attention. 

At the same time, Tron can also be staked to generate passive income for investors. This function allows investors to enhance the security of the Tron blockchain by loaning out their TRX in return for interest. 

Best Tron wallets

Investors have a couple of key choices to make when it comes to the safekeeping of their Tron tokens. They can either place their confidence in custodian services by leaving their TRX in web wallets provided by exchanges or store their TRX in private crypto wallets.

Using a private wallet means you will have sole responsibility for the safety of your Tron, but is often considered a better way of safeguarding your tokens because exchanges can fall prey to cyber-attacks. In this case, you can choose to self-custody by using software crypto wallets (such as the official Tron wallet) or recommended hardware wallets like Trezor, BitBox, and Ledger. Don't forget to factor in the speed and amount of transactions you plan to make with your chosen Tron Wallet, hardware wallets tend to be a longer process than their software cousins.

Trade Tron

Rather than holding onto their Tron for the long-term, some investors look to capitalise on the fluctuations in Tron’s price by actively trading it on exchanges with the aim of generating large profits in a short time. 

This is a financial strategy that requires a significant degree of expertise and can result in even the most proficient traders incurring losses. Traders will usually use web wallets, integrated with cryptocurrency exchanges, rather than private wallets to store their traded TRX because regularly transferring tokens between them can be a taxing process. 

Should I Buy Tron Now?

Before buying Tron immediately, we’d advise you to conduct your own research on the project’s motivations, landscape, and roadmap for the future. To help you in this investment opportunity, here are a few points you may wish to weigh up. 

Tron’s vision as a digital currency is to advance a more democratic internet where individuals, rather than large private corporations, have greater autonomy in creating, storing, and disbursing data on a decentralised web. This also means that there is no single point of failure if centralised servers crash (i.e. when Meta, formerly Facebook’s, servers crash and leave users around the world disconnected and over-reliant on one tech giant). 

Because of this, many of the best and brightest developers are attracted to creating content on Tron’s blockchain that is controlled by no single entity. Alongside this, a number of developers are also attracted to Tron’s blockchain because it is home to user-friendly programming languages like Java and Python. This not only adds to the utility of the network but immediately brings more value to TRX: the token used for all transactions on Tron’s dApps.

Tron has also achieved a strong foothold in the Asian market and has secured financial backing from deep-pocketed venture capital firms in the region. This is in addition to a partnership Tron has reached with Samsung that sees them showcase some of Tron’s dApps on their Galaxy store. The investment pouring into Tron demonstrates the value institutional investors see in the project and its future trajectory.

1
Min. Deposit
$ 10
Promotion
User Score
5
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.
2
Min. Deposit
$ 1
Promotion
User Score
5
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
Payment Methods:
Credit Card, Debit Card, PayPal, Payeer, SEPA, Western Union, Wire Transfer, Yandex Money
Full Regulations:
3
Min. Deposit
-
Promotion
User Score
5
Sign Up Bonuses
App Available
Supports Multiple Altcoins
Start Trading
Description:
Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies. Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low fees.
Payment Methods:
Full Regulations:

Frequently Asked Questions

Who created Tron?
Tron was first created by Justin Sun, a former Ripple employee, in 2017 on the Ethereum blockchain.
What are TRC tokens?
TRC tokens are a standard of tokens that are built on and supported by the Tron blockchain.
What is a mainnet?
A mainnet entails the final stage of a blockchain project when it is ready to host large numbers of users, transactions, and the creation of dApps.
What are gas fees?
Gas fees are the costs paid by a user for making transactions on a blockchain. These fees are paid whether a transaction is successful or unsuccessful.
What are smart contracts?
Smart contracts are automated mechanisms that execute trades without the need for human assistance (and therefore, reducing the margin of human error).

Alternative Cryptocurrencies

Binance Coin Logo

Binance Coin (BNB)

Price ...
24hr ...
How to Buy BNB Trade Now
Civic Logo

Civic (CVC)

Price ...
24hr ...
How to Buy CVC Trade Now
Cryptonex Logo

Cryptonex (CNX)

Price ...
24hr ...
How to Buy CNX Trade Now
Decred Logo

Decred (DCR)

Price ...
24hr ...
How to Buy DCR Trade Now
TRON Logo

TRON (TRX)

Price ...
24hr ...
How to Buy TRX Trade Now
PancakeSwap Logo

PancakeSwap (CAKE)

Price ...
24hr ...
How to Buy CAKE Trade Now
View all