How and where to buy Tron (TRX) cryptocurrency. cryptoforbs

Tron is similar to a cryptocurrency stock.

Its massive supply and cheap price helped it reach the top 15 cryptocurrencies on CoinMarketCap.

For those who don’t know about Tron (TRX), it is one of the largest blockchain-based operating systems in the world and is known for its high throughput.

It is now trying to be the next Ethereum with virtual machine capabilities to enable smart contracts and decentralized applications.

That’s why it’s being talked about and getting a big boost from China. And when cryptocurrencies are talked about in China, you know the consequences could be similar to the rise of NEO.

How to buy Tron (TRX)?

Being in the top 15 is enough to attract attention, which is why many services/exchanges have started doing business with Tron.

But before we tell you about these services, let’s take a look at all the ways through which you can buy TRON.

Some of the popular ways of how to buy Tron are mentioned below:

Buy TRX from bank deposits or wire transfers
Buy TRX using other cryptocurrencies
Buy TRX with BTC/ETH
Buy TRX using credit/debit cards
Buy TRX from peer-to-peer sources

Where to buy Tron (TRX)?

#1. Buy TRX from bank deposits or wire transfers

Any coin listed in the top 20 cryptocurrencies on CMC’s list is usually easy to purchase through bank transfers or wire transfers. For TRX also, there are quite a few services/exchanges that provide you access to fiat-pegged cryptocurrency wallets where one can deposit fiat currencies and exchange them for cryptocurrencies like TRX.

TRX can be bought and sold with fiat currencies such as US Dollar, Indian Rupee, Chinese Yuan, South Korean Won, etc.

Bithumb: supports KRW.
Bifinex: supports the US dollar
Bitbns: Supports INR.

NB: To access such accounts, a person must go through a thorough KYC check, so this method is not anonymous.

#2. Buy TRX against other cryptocurrencies, ETH/BTC, etc.

A large number of centralized cryptocurrency exchanges have sprung up in the past year and each one offers several popular cryptocurrencies.

And TRX is no exception. One can easily buy TRX from such exchanges if they have other cryptocurrencies like BTC, ETH, or USDT.

Below is the list of existing cryptocurrency exchanges where you can exchange other cryptocurrencies like BTC/ETH etc. for TRX:

Binance: Supported pairs are TRX/BTC, TRX/ETH, TRX/USDT,
HTX: Supported pairs are TRX/BTC, TRX/ETH, TRX/USDT,
Gate.io: Supported pairs are TRX/ETH, TRX/USDT,
Bittrex: Supported pairs are TRX/BTC, TRX/ETH, TRX/USDT,

#3. Buy TRX using credit/debit cards

Credit and debit cards are the easiest way to purchase cryptocurrencies, and TRX is no exception. But this option is only limited to some cryptocurrencies. TRX is one of them. Also only one service now allows you to buy TRX using credit/debit cards.

Chingle

#4. Buy TRX with cash

This part is difficult.

TRX does not have any peer-to-peer platform like BTC and ETH where traders can interact and transact in a peer-to-peer manner. This is why it is difficult to buy/sell TRX for cash.

However, if you find buyers/sellers in your local community, you can deal with them directly. But this involves risks because there is no guarantee between them, and you can get scammed.

Conclusion: Buy TRX cryptocurrency

TRX received a lot of attention during the recent bull run, and has now transformed from its original goal of being a gaming currency into a fully decentralized platform for the decentralized web.

It is not yet clear how the market will respond to this, and we cannot say much about that because the market is very uncertain.

But we will continue to update this piece as we continue to receive updates from the TRX community.

Finally, if you have a large amount of TRX, you should not leave it on the centralized exchanges mentioned above. Instead, you should download their official wallet from here.