How To Buy Tron Cryptocurrency
Tronix (TRX) is the currency that powers Tron, a decentralized content platform that aims to revolutionize entertainment and Internet industry. The cryptocurrency was created by founder and CEO of Tron Foundation Justin Sun who is also one of the most influential personalities in China’s tech industry as he is the protege of Jack Ma. The current price of Tronix (TRX) is $0.0947 USD and it has a market capitalization of $6.8 billion.
Why buy Tron(X)?
Tron aims to revolutionize the Internet by creating an entertainment ecosystem that will allow users access to content on the blockchain without any middlemen taking their cut from transactions. This would allow content creators to be the ones making profits from their content, not companies like Google or Apple. Tron is run by a Singapore-based non-profit organization called the Tron Foundation and its cryptocurrency TRONIX (TRX) powers it blockchain network which aims to decentralize entertainment industry.
Tronix (TRX) is currently ranked at spot 27 on the list of largest cryptocurrencies by market cap and is trading at $0.0947 USD
How to buy Tronix (TRX)?
Currently it is very hard for ordinary people who do not know cryptocurrency markets well to invest in TRONIX (TRX) as you cannot purchase TRONIX (TRX) directly with fiat currency, but the only way to get it is to purchase other cryptocurrencies like Bitcoin or Ethereum on an exchange like Coinbase and then swap them for TRONIX (TRX) on cryptocurrency exchanges.
First you have to open an account at a place where you can buy cryptocurrency using your ordinary money/fiat currency, if you don’t have a cryptocurrency wallet yet. I recommend Coinbase because it is very reliable and you can buy cryptocurrencies like TRONIX (TRX) there directly with your credit card or debit card, which many people find more convenient than buying through exchanges.
Once you open an account at Coinbase, purchase Ethereum or Bitcoin that can be traded for TRON at cryptocurrency exchanges like Binance. From Coinbase, you can easily purchase both Bitcoin and Ethereum with your credit card or debit card by following the simple steps on their website.
Now that you have purchased either Bitcoin or Etherium, send them to a cryptocurrency exchange that supports TRONIX (TRX) and trade for it there. Since there are many types of cryptocurrency exchanges that allow you to purchase TRONIX (TRX), I am going to list some of the trustworthy ones.
Binance- one of the most popular and trustworthy cryptocurrency exchange today where you can buy Tronix with Etherium, Bitcoin or BNB Coin.
Huobi- another well known trusted exchange to trade cryptocurrencies for TRONIX (TRX).
Gate.io- another trustworthy cryptocurrency exchange that is easy to use and trade Tronix on it safely.
HitBTC- a popular cryptocurrency exchange that you can purchase Tronix with either Bitcoin, Ethereum or Tether.
The potential for Tron(X) to grow, makes it a solid investment. So the next time you are looking to purchase cryptocurrencies for investment, consider buying Tronix (TRX).
***Article written for educational purposes only. This information is not financial advice and should not be used as such. The author does not hold TRONIX (TRX) at the time this was written.