With all the different exchanges and methods out there, you’re not really sure where to start.
For 99% of you, the Tron buying process will involve using Bitcoin or Ethereum to purchase Tron on an exchange like Binance.
Keep reading to learn your different options and see this process in-depth step by step allowing you to make an educated decision.
Tron is a cryptocurrency project aiming to be a decentralized content sharing platform. Tronix (TRX) is the currency used to interact with the platform.
Whether you are purchasing the currency in hopes of a price increase or want to collect some tokens to use on the platform, you have come to the right place.
These exchanges are limited to cryptocurrency, meaning that to buy Tron, you need to exchange it for Bitcoin or Ethereum.
So, you’ve made the decision to increase your cryptocurrency portfolio and now you want to know how to buy Tron coin? You’ve come to the right place! By the way, did you know that Tron increased its value by more than 33 times in just 15 days back in December 2017!?
This complete guide will start by explaining what the Tron coin is, and why it was created. Then I will list the top five exchanges that you can buy it from, followed by a simple step-by-step guide. I am even going to show you screenshots so that the process is really easy for you!
By the end of this guide, you will be ready to buy your first ever Tron coin. Let’s get started and find out just how Tron works!
Tron was created in late 2017 by Justin Sun.
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These days you can buy and sell TRON’s native currency, Tronix, on a wide range of crypto exchanges, so keep reading for step-by-step instructions on how to start trading TRX in the US.
This is our quick guide to just one way to buy TRON.
Tron is a platform for creating decentralized applications (aka Dapps) that uses the TRX currency. In this short guide I’ll give you a quick overview of what Tron is and where are the most popular ways to buy it.
If Binance doesn’t work out for you here are some additional buying options:
That’s how to buy Tron in a nutshell. If you want a detailed overview of Tron and the process keep on reading, here’s what I’ll cover:
Founded by Justin Sun in 2017, Tron is a platform that allows developers to write decentralized apps. It is very similar to Ethereum and EOS, though its founders claim that it is more scalable and cost effective than the alternatives.
Tron uses the TRX token to power its platform. A delegated Proof of Stake model is used to decide who can add blocks to the Tron blockchain (i.e.
If you are a blogger, freelance writer, or content publisher of any kind, you’re going to find TRON very interesting. Why you ask? Well, content creators are TRON’s target audience.
TRON aims to make the web decentralized again.
The way it will do that is through content creators.
By giving creators complete control over ownership rights, distribution and payment, it will empower creators and in the process, form a decentralized entertainment ecosystem.
In this article, we’ll explore in more detail how TRON is empowering content creators and how you can invest it in it.
The person behind TRON is Justin Sun, a well-known figure. Forbe’s did an interesting piece on Sun.
Sun is the former Chief Representative in Greater China of Ripple. He also founded Peiwo App with over 10 million users and is a protege of Jack Ma. The same Jack Ma of Alibaba.
TRON is a block-based open source global digital entertainment protocol that is cross-protocol for digital entertainment.
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS SITE. The author is not registered as an investment adviser either with the U.S.
Securities and Exchange Commission (the “SEC”) or with the U.K.
Financial Conduct Authority (FCA).
The author is neither licensed nor qualified to provide investment advice. This guide is not and should not be interpreted as investment advice, a recommendation regarding a course of action or as an endorsement of cryptocurrency or any specific provider, service or offering.
It is not a recommendation to trade.
Cryptocurrencies are speculative and complex, and they involve significant risks—they are highly volatile and sensitive to secondary activity.
TRX or Tronix is a cryptocurrency running on the TRON blockchain.
Its goal is to create a decentralized Internet.
Cryptocurrency exchange Poloniex has acquired TRXMarket, a decentralized exchange (DEX) built on the TRON blockchain. Poloniex, the exchange whose recent spinoff from Circle was partially financed by TRON founder Justin Sun, announced the acquisition on Wednesday in a blog post.
The post Poloniex acquires TRON-based DEX to offer decentralized trading appeared first on The Block.
The Shanghai government is now inspecting some cryptocurrency-related activities, including trading and token sales, according to an official announcement verified by Chinese financial news site Caixin.