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Tron Coin is a cryptocurrency unit launched on the Tron network, focused on the entertainment and betting industries. Initially introduced as an Ethereum-based ERC-20 token, TRX successfully transitioned to Tron’s own mainnet. Like Ethereum, Tron hosts smart contracts and decentralized applications, even competing with Ethereum in this arena.
The number of people wanting to buy TRX is increasing significantly both globally and in our country. TRX, seen as a serious competitor to Ethereum, is still subject to some misinformation regarding its acquisition. So, where can the popular project of recent days, Tron, be purchased?
What is Tron Coin?
Tron is a Singapore-based cryptocurrency project launched by the Tron Foundation or Justin Sun. This crypto project, focused on the digital entertainment industry, made headlines especially after Justin Sun’s acquisition of platforms like BitTorrent and DLive in recent years.
Launched in 2017, TRX moved to its own mainnet in 2018 and quickly entered the top 10 cryptocurrencies. The ICO conducted in 2017 raised $70 million. However, Justin Sun made significant progress on this, acquiring millions of dollars’ worth of platforms, all integrated into the Tron ecosystem. The acquisition of BitTorrent and the launch of BitTorrent Token significantly increased the number of users within the Tron ecosystem.
In the Tron and BitTorrent ecosystem, users are compensated with tokens for various content, making the Tron network more attractive. But where can trx coin be bought, and which exchange should be used to purchase trx coin?
How to Buy Tron
The answer to the question of where to buy Tron seems to be Binance, one of the world’s largest cryptocurrency exchanges used by many investors. A few steps on Binance are sufficient to purchase TRX.
- To buy TRX, you first need to deposit USD balance into the exchange or buy a cryptocurrency that can be used instead. To do this, go to the Binance homepage, click on the “Buy Crypto” option in the upper left, and then click on the “Credit/Bank Card” tab.
- In the opened tab, select how much USD you want to transact with and mark USDT, that is Tether, in the Coin section.
- After purchasing USDT, preview the “Buy-Sell” option in the upper left and click on the “Classic” tab.
- In the opened section, select the USDT tab from the upper right, enter TRX in the search button, and select the TRX/USDT pair that opens below.
- Then go to the “BUY TRX” tab in the middle, enter the amount you want to buy.
- Enter the desired amount and confirm the transaction to complete the TRX purchase.
How to Purchase Tron?
Binance offers a variety of pairing advantages for those looking to purchase Tron. You can buy and sell Tron, one of the leading cryptocurrencies in the industry, in exchange for a variety of cryptocurrencies such as BNB, BTC, ETH, and USDT. Users buying TRX on Binance not only have access to extra trading pairs and liquidity but also to additional security, allowing them to trade with ease.
