Home Guides How To Buy Tron in 2023

How To Buy Tron in 2023

Kyle Simmons
Last Updated August 21, 2023 1:14 PM

Whether you’re a content creator using Tron to share your work with your customers or just want to invest in this cryptocurrency, the first step is to buy it. This is an easy process, and you can do it in under 30 minutes. The best thing here is that you can use the same process for most cryptocurrencies and most platforms.

In order to buy Tron, you need a few things. You need a payment method with fiat currency on it or another cryptocurrency and an internet connection. Here is what the process looks like in the real world.

Disclaimer: You buy Tron at your own risk. This is not financial advice, and the page is for informative purposes only. Your stake can be at risk, so seek advice from a broker or professional.

Best Tron Exchanges in 2023

Here are all the worthy and desirable TRX exchanges our team has tested. Check them out and choose the one you like the most. You can see a lot of platforms that offer all the features you might need.

  1. eToro  – Best for beginners, copy-trading & demo-account
  2. OKX  – Best for futures and margin trading
  3. Nexo  – Best for earning interest on Tron holdings
  4. Binance  – Best for trading volume and variety of cryptocurrencies
  5. KuCoin  – Best for low fees and wide range of altcoins

Reviews of Our Top 5 Tron Exchanges

Those who want to get the answer as quickly as possible can check out the detailed reviews of the best TRX exchanges within the next 5 minutes and get all the answers they seek.

1. eToro Exchange Review

  • Overview: eToro was founded in 2007 and is headquartered in Israel. It is a well-established social trading platform that allows users to trade a wide range of cryptocurrencies, including Tron. eToro is known for its user-friendly interface and copy-trading feature.
  • Tradable coins: eToro offers trading for over 30 cryptocurrencies, including Tron.
  • Fees: eToro charges spreads on trades, which vary depending on the asset. There are also withdrawal and inactivity fees. Compared to competitors, eToro’s fees are generally higher.
  • Pros:
    • Beginner-friendly platform with a social trading community.
    • Copy-trading feature allows users to automatically replicate the trades of successful traders.
    • Offers a demo account for practice trading.
  • Cons:

2. OKX Exchange Review

OKX homepage

  • Overview: OKX is a cryptocurrency exchange founded in 2017 and based in Malta. It is known for its futures and margin trading options, making it popular among advanced traders. OKX supports a wide range of cryptocurrencies, including Tron.
  • Tradable coins: OKX offers trading for numerous cryptocurrencies, including Tron.
  • Fees: OKX has a tiered fee structure based on trading volume. The fees are competitive compared to other exchanges offering similar services.
  • Pros:
    • Advanced trading features like futures and margin trading.
    • Wide range of cryptocurrencies available for trading.
  • Cons:

3. Nexo Exchange Review

  • Overview: Nexo is a cryptocurrency lending platform founded in 2017. While primarily focused on lending, Nexo also offers a crypto exchange where users can buy, sell, and trade cryptocurrencies, including Tron. Nexo is known for its interest-earning feature on crypto holdings.
  • Tradable coins: Nexo supports a variety of cryptocurrencies, including Tron.
  • Fees: Nexo charges fees for trading, which vary depending on the transaction size. The fees are competitive compared to other exchanges.
  • Pros:
    • Earn interest on Tron and other cryptocurrencies.
    • User-friendly platform with a focus on lending.
  • Cons:
    • Limited cryptocurrency selection compared to some other exchanges.
    • Not as advanced in terms of trading features.

4. Binance Exchange Review

Binance homepage

  • Overview: Binance is one of the largest and most well-known cryptocurrency exchanges in the world. It was founded in 2017 and is headquartered in Malta. Binance offers a wide range of cryptocurrencies for trading, including Tron. It is known for its high trading volume and extensive selection of altcoins.
  • Tradable coins: Binance supports a vast number of cryptocurrencies, including Tron.
  • Fees: Binance has a tiered fee structure based on trading volume. The fees are competitive compared to other exchanges.
  • Pros:
    • High trading volume and liquidity.
    • Wide range of cryptocurrencies available for trading.
  • Cons:
    • Not as beginner-friendly as some other exchanges.
    • Limited fiat currency support.

5. KuCoin Exchange Review

Kucoin homepage

  • Overview: KuCoin is a cryptocurrency exchange founded in 2017 and based in Seychelles. It offers a wide range of cryptocurrencies for trading, including Tron. KuCoin is known for its low fees and extensive selection of altcoins.
  • Tradable coins: KuCoin supports numerous cryptocurrencies, including Tron.
  • Fees: KuCoin has a flat trading fee of 0.1% for both market makers and takers. This fee structure is considered low compared to other exchanges.
  • Pros:
  • Low trading fees.
  • Wide range of altcoins available for trading.
  • Cons:
  • Limited fiat currency support.
  • Not as well-established as some other exchanges.

1. Choose a Cryptocurrency Exchange

  • Before anything else, you’ll need to choose the cryptocurrency exchange where you want to buy Tron. There are countless options available online. For example, you can use Binance, Kraken, Coinbase, and so much more.
  • Keep in mind that a cryptocurrency exchange is a platform or online website where you can buy, sell, or trade cryptocurrencies. Also, none of the exchanges support all the cryptocurrencies. On the other hand, Tron is so popular that almost all exchanges support it.
  • In addition, you can do all of this using your phone only. For example, Binance has an app you can get from Google Play or the App Store and use to buy Tron. Once you are done choosing the platform you want to use, move on to the next step.

2. Create a New Account

  • Now that you’ve chosen the crypto exchange you want to use, create an account there. You can enter your email address, create a password, etc. The process of registration is almost identical to registering at any other site.
  • But in order to buy Tron online at an exchange, you need to secure your account. Use biometric security technology at the exchange, add your phone number, and more. This makes all your purchases more secure.
  • In addition, people need to know that Binance, Kraken, and Coinbase are safe and secure. They are heavily controlled and have sufficient liquidity. If you want to use another platform, make sure you check for reputation and security there.

3. Choose Which Payment Method You Want to Use

  • There are multiple ways you can buy Tron. The most common is using fiat currencies. Most exchanges are focused on this type of transaction. The first thing you have to do is have a payment method with fiat currency on it. This can be a debit card or a credit card.
  • You can also use other methods. For example, you can use PayPal or a bank wire transfer. These are not always available, though. Almost all cryptocurrency exchanges base the list of supported payment methods on your location. But if you have a bank account, there won’t be any issues using a crypto exchange.

Using other cryptos

  • Don’t forget that you can also buy Tron using a different cryptocurrency. This means that you can deposit another cryptocurrency using a crypto wallet and then buy Tron. You are basically swapping the two cryptocurrencies.
  • An interesting fact is that many investors or just people who want to buy a huge number of Tron tokens use bank transfers. This is a very secure method that is ideal when you want to deposit a huge amount of money and get crypto assets.

4. Deposit funds

  • The only thing you have to do now is deposit funds at the crypto exchange. Go to your account and find the ‘’Deposit’’ button. Click on it and enter the details you need to. Once you are done, the funds are available in your account within seconds.
  • Most platforms offer detailed instructions or guide users to deposit funds. It is mandatory if you want to buy Tron cryptocurrency, Tron shares, or purchase any other cryptocurrency.
  • All crypto exchanges have fees for depositing and withdrawing. These cannot be generalized, but we can add that they are typically low. For instance, these fees can be between 0.1% and 6% on your transactions.
  • Now that you are done with the deposit process, you are ready to buy a Tron coin. This brings us to the next step.

5. Buy Tron

  • All you have to do now is go to the main section of the crypto exchange. There, you can see all the available cryptocurrencies. You can see Ethereum, Dogecoin, Bitcoin, Litecoin, and obviously Tron. Click on the Tron icon.
  • Once you are done with this, just enter the number of coins you want to purchase, or you can enter how much fiat currency you want to use and transfer into Tron. A great thing here is that you can see immediately how much Tron you can buy for that amount of fiat currency. This works in the same way with ETH, USD, or any crypto or fiat currency.

Remember to take a few precautions

  • Make sure you have entered the correct numbers, and you can confirm. This means that Tron coins are available on your balance at the exchange. All of this takes a few seconds, and you are done.
  • Keep in mind that Tron prices change all the time, and rates change accordingly. You can use price prediction platforms as well, but these are not known for offering 100% accurate answers all the time. There are a lot of factors that determine the price. However, once you have some trading experience, you can see how all of this is simple and that the risks are not a big deal if you follow simple rules. If you have any issues with this process, be free to contact customer support for that exchange.

6. Move It To your e-wallet

  • The last step here is to transfer your coins to your personal cryptocurrency wallet. This is not a mandatory step. Most users don’t have to do it and can keep Tron coins on the exchange platform the whole time. But it is a much safer decision to transfer them to your e-Wallet.
  • If you want to do this with stablecoins or cryptocurrencies, you need to create an e-wallet. Just make sure that the e-wallet supports the Tron cryptocurrency. Once you are done with this, you can begin transferring the tokens.
  • Just go to the ‘’withdrawal’’ section, enter the eWallet address, and choose how much money you want to withdraw. Then you can see that this process takes a couple of seconds, and the tokens are on your e-Wallet.
  • A transaction of this kind is free from transaction fees and instant thanks to blockchain technology. All cryptos offer these perks. Cardano, ETH, and others are known for super-fast transactions. Anyone can do this within seconds.

Conclusion

If you want to become a part of the Tron ecosystem, now you know how. Always remember that to buy Tron or any other cryptocurrency, you need a payment method such as credit cards, e-Wallets, or debit cards and an account at the cryptocurrency exchange platform. Once you have these, you can buy all the virtual coins you like and need. You can even shop for some special virtual coins, buy Tron stock, or simply make an investment plan that can change your life completely.

how to buy tron