We have tested the best TRON exchanges and show you in this article how you can invest easily, quickly and safely in TRON (TRX). The following TRON purchase instructions are short and concise and show you how to buy TRX in just 5 minutes – without big detours and with the lowest fees.
TRON is an open source blockchain-based protocol that aims to create a distributed content sharing system for the entertainment industry. Furthermore, the social media platforms should become more free and less censored, so that they can be designed dezentral. A Web 4.0 platform will be developed by the founder Justin Sun and the entire development team.
However, to buy TRX, you need to make some important decisions:
- Do you want to manage and store your TRX coins in a desktop or hardware wallet? Then the exchange Litebit is the right choice for you.
- If you want to buy TRON, but don’t want to worry about storage, the TRON broker eToro is the right choice for you. eToro offers a deposit insurance up to 20.000 Euro.
- If you want to buy TRON CFDs and bet with a leverage on the price of TRON, you can also use eToro.
Below you’ll find the advantages and disadvantages of each.
**= Risk warning: 75% of retail CFD accounts lose money when trading CFDs from this provider.
If you would like to take a look at the current TRON price, we recommend you to use our TRON price index.
Buy TRON on Litebit
The TRON dealer Litebit.eu is a well-known broker based in the Netherlands. We are already more than 4 years regular customer of the exchange, because we are completely satisfied with the very simple user interface, the service as well as the payment processing. To create an account on Litebit, you must first register on the platform. Click on the following link to get directly to official website where you can register*.
You will also need to provide a phone number to which Litebit will send a code. You must enter this code on the page to verify your phone number. The last step is to select a security measure to be used during login and in case of emergency. SMS dispatch is set by default. However, you can also select 2-factor authentication using Google Authenticator or a similar app. We strongly recommend that you activate 2-factor authentication! When you’ve done that, you’ll be back to the Litebit homepage. Now you can log in to your account.
Limits to purchase TRON on Litebit
At Litebit there are different verification levels that you can unlock step by step to buy TRON. Through the registration already done, you already fulfill the requirements to trade in the first level, Litebit calls this “Tier 1”. Now you can already buy TRON worth 350€ per day, 1050€ per week or 4.200€ per month. To increase these TRON purchase limits, you must verify your identity and location. The following table provides a good overview:
Furthermore, different limits apply for different deposit methods. All important payment methods are shown in the table.
|Unverified||Tier 1||Tier 2||Tier 3|
|iDeal||0.00 €||350.00 €||500.00 €||20,000.00 €|
|SEPA||0.00 €||250.00 €||500.00 €||35,000.00 €|
|Credits||0.00 €||350.00 €||500.00 €||10,000.00 €|
|Sofort||0.00 €||100.00 €||500.00 €||1,000.00 €|
|GiroPay||0.00 €||100.00 €||500.00 €||1,000.00 €|
|Bancontact||0.00 €||350.00 €||500.00 €||10,000.00 €|
To reach “Tier 1” you have to confirm your phone number (you have already done that!).
For the second level, “Tier 2”, you have to scan both the front and the back of your identity card and upload this PDF file to Litebit. To verify your residence, a recent photo of your electricity or mobile phone bill is sufficient, but the bill must not be older than 3 months.
To reach the final stage, “Tier 3” will contact you in a video call via Skype with a Litebit employee. In this conversation you simply show your ID card into the camera and briefly confirm your identity. The phone call will not take longer than three minutes. Once you’ve done that all, you can trade TRON worth up to €500,000 per month.
Buy TRX in a few steps
The purchase of TRX on Litebit is very easy and safe to perform. Click on “Buy” in the navigation bar. Now enter TRX in the search field and click on the TRON button. Now you can choose the amount of TRX you want to buy. If you prefer to enter a Euro amount, use the field on the right or click on the offered amounts of 50€, 100€, 200€ or 500€, framed in red.
The “Receiving Address” is your TRON receiving address of your TRON Wallet, framed in green. Since Litebit does not offer a TRON wallet, you must enter the wallet address of an external wallet. We will show you below which TRON wallet is recommended. Once you have entered your wallet address, you have to decide on a payment method. The lowest fees are charged for a bank transfer. If you want to pay by bank transfer, click on the arrow at payment method and select “Sepa Bankwire”.
Now you can click on the orange button “Next”. Afterwards Litebit will inform you where to send your desired amount. It is important that you give your transfer the intended purpose. Then Litebit can quickly assign your payment and immediately transfer your TRX to your wallet. Normally bank transfers does not take longer than 24 hours. If the transaction takes longer than 24 hours, please do not panic. In exceptional cases it can take up to 48 hours. In any case, English-speaking customer support is available by phone, email or even Skype.
Set up a TRON Wallet
On the crypto market there are many different TRON Wallet providers. We have had very good experiences with the Exodus Wallet. The TRON Exodus Wallet is a desktop wallet and offers medium protection and is very suitable for beginners. In this article we will show you how to use it and how to deposit TRX on your wallet.
The first step is to visit the official Exodus website. Click on this link, which will take you directly to the subpage where you can download the wallet. Depending on which operating system you are using, Windows, Mac or Linux, you will need to click on the correct icon to download the wallet.
We use a Windows PC, therefore we click on the left button “Download Windows App”.
Once you have downloaded the software, you will need to install the Exodus TRON Wallet. Click on the .exe file. The wallet software is now installed. This process does not take longer than 10 seconds. You’ll see this symbol.
If the wallet has been successfully installed, you will also receive a notification that the wallet can now be started. Now click on the desktop start icon of the wallet. You will now see this dasboard:
Only the most famous coins, such as BTC, ETH or XRP, are now displayed in the user interface. To activate TRON, first click on Settings and then on “Enable all” in the right corner, here framed in red.
This activates all available cryptocurrencies. If you now click on Wallets and then on TRX, you will find the TRX coin. You can find your recipient address by clicking on “Receive”. Now you will see your TRON receiving address.
Now you have to copy this address and paste it into the field “Receiving adress” of Litebit.
Purchase Tron (TRX) on eToro
EToro is a reputable TRON dealer and broker, for whom we have also been a regular customer for several years. The biggest advantage of this platform is the deposit protection per customer up to a value of 20.000€.
TRON buying limits on eToro
Once you have successfully completed everything, you will automatically be logged into your account. Until now, your account has been subject to so-called deposit limits, as you have not yet verified your identity and some other information such as your place of residence. Therefore there is a deposit limit of 2.000€.
The following table shows different ways to deposit money into your account. Depending on where you live, different dates and limits apply.
|Method of payment||Countries||Time of transfer||Maximum par transaction|
|Giropay, SOFORT||Germany||up to 1 working day||$30.000|
|Neteller||UK (Great Britain)||Immediately||$10.000|
|Skrill Limited UK||UK (Great Britain)||Immediately||$10.000|
|WebMoney||UK (Great Britain)||Immediately||$50.000|
|Virement bancaire||worldwide||Bank wire||Unlimited|
The possibilities shown here depend on where the trader (you!) lives. To use the full functionality of eToro, you have to first verify your identity and address. You need to scan the front and back of your identity card and upload it to eToro. To confirm your address, a photo of your last electricity or mobile phone bill is sufficient, but it must not be older than 3 months.
This information is necessary within the framework of the KYC guideline and can now be found in almost all TRON exchanges. Verification is completely free of charge and does not take long. To upload the documents to eToro, click on your profile and then on Edit. Here you can submit all necessary documents. When you’re done, you can start depositing money now. Click on the “Deposit funds” tab at the bottom left.
Choose your preferred payment method now. Depending on the payment method used, the money will be faster or slower in your account.The fastest way is Paypal, because your money is transferred directly to the account of eToro. Now you can start buying TRX on eToro.
Buy TRX on eToro
EToro offers the unique feature that the platform offers both “real” Tron and Tron CFDs.
Buy “real” TRX Coins
In addition to TRX 14, eToro offers 14 other digital currencies for trading. To buy TRX, click on “Markets” and then on “Crypto” and then on “TRX”. The letter “B” stands for buy TRON and “S” for sell TRON. Click on “B” to buy TRON.
Now you have to enter an amount, for how much Euro or Dollar you want to buy TRX. Then click on “buy”. Your transaction will be completed within seconds and you are the proud owner of TRX coins.
Buy TRON (TRX) CFDs
Buying TRX CFDs works almost the same as buying the real TRON coins. However, when buying CFDs, you need to keep the following in mind: If you open a BUY position for a cryptocurrency without leverage, then you buy the actual cryptocurrency and no CFD.
Your TRON investment at eToro is then secured with the real asset. This means that eToro buys your TRX coins in your name and keeps them in a separate account under your name. To buy TRX CFDs , click “B” again to buy TRX CFDs. Now you get to the already known overview.
Now set the amount of money you want to invest in TRX CFDs. You will also need to set the “Leverage Multiplier X2“. At the moment eToro does not offer a larger leverage.Now you should adjust your stop-loss limit and take-profit setting to keep the risk as low as possible. Once you have successfully adjusted this, you can open the trade.
Stop Loss means that your trade closes once TRX has reached a market price or money amount you have set. Take Profit determines when your trade is automatically closed. This happens when the amount you want to win has been reached.In addition, eToro charges so-called “overnight fees”, also known as rollover fees.
Risk warning: 75% of retail CFD accounts lose money when trading CFDs from this provider.
The eToro TRON Wallet
Since March 2019 eToro offers a wallet for different digital currencies. Unfortunately, this only includes Bitcoin, Bitcoin Cash, Ethereum, Litecoin and XRP. When TRON will follow is not yet known.
We will provide this information as soon as eToro adds TRX to the wallet. For this reason you are forced to keep your TRX on eToro.
Processing fees and minimum deposits for the purchase of TRON
For trading on eToro, there are a few special features that we have briefly summarized for you below:
- All trading accounts are maintained in USD. Therefore your deposit will be converted into USD immediately. However, conversion fees will be charged at the current exchange rate.
- The minimum deposit amount is 50USD. However, a minimum deposit of 500USD applies to deposits made by bank transfer.
- There are also fees for withdrawals. If you withdraw more than 50 USD, you will be charged 25 USD withdrawal fee.
Is eToro safe and recommendable?
In our opinion, this question is very important, as we transfer the responsibility for storing your cryptocurrency TRON to the broker eToro. This makes it all the more important that the TRON Exchange is secure and trustworthy.
EToro is absolutely reliable and safe. Your TRON balance is hedged up to €20,000 and the exchange is state-monitored. eToro is regulated by several regulatory authorities and very strictly controlled:
- CySEC: eToro is monitored by the Cypriot CySEC, as eToro has a registered office on the island.
- FCA: eToro has a subsidiary in the United Kingdom and FCA controls it.
In our opinion, eToro offers comprehensive protection so that your investment in TRX is well protected.
Risk warning: 75% of retail CFD accounts lose money when trading CFDs from this provider.
Trade TRON CFDs on Plus500
We have also had good experiences with Plus500. We have been a regular customer for TRON CFDs for 2 years now. The user interface is very simple and clear. To purchase TRON CFDs, you must first register on the official plus500.com website. Clicking on this link will take you directly to the English version of the website*. Now enter your email address and a password.
Then click “Create Account”. You will be logged in automatically and be taken to the user interface. To buy Crypto CFDs, either click on “Crypto Currencies” in the left bar and then on TRON or enter TRON in the upper search field, all framed in red. Both work equally.
You will now be taken to a new overview where you will need to enter and confirm some personal information. Fill in all required fields and click on the “Enter” button in the lower left corner. Then you have to answer some questions about your previous investment experience. Don’t panic, even if you don’t answer all the questions correctly, you can still buy TRON CFDs.
Once you have successfully completed the questions, you can proceed to the next step to finalize your account. To do this, you will need to go through the following steps:
- Scan the front and back of your passport and upload it as a PDF file.
- Confirm your address. You can easily do this with a photo not older than 3 months from your last electricity or mobile phone bill.
- Confirm your phone number
- Verify your email address
You can upload the files by clicking on the “Confirm” button next to the badge.
Risk Warning: 80.6% of retail CFD accounts lose money.
Once you have successfully verified yourself, you can top up your account. Click on “Funds” in the left column and then on “Deposit”, both framed in red in the screenshot.
The next overview will show you all payment methods that are currently available. There are also different minimum and maximum deposit amounts depending on the method used. The following table provides an overview.
|Credit / Debit card||PayPal||SEPA bankwire||Giropay||SOFORT|
|Minimun||100 €||100 €||500 €||100 €||100 €|
|Maximum||40.000 €||40.000 €||60.000 €||18.000 €||18.000 €|
If you have now chosen a payment method and deposited money into your account, you can continue to purchase TRON CFDs. Now click again on the tab Crypto Currencies and then on “Buy” in the column of TRON. Afterwards you must enter in the free field how many TRON contracts you would like to buy in each case. You can also trade with a leverage and close your buy positions at a profit or a fixed loss.
If you click “Buy”, your TRON CFDs will be instantly credited to your account. You are now the proud owner of TRON CFDs.
Risk Warning: 80.6% of retail CFD accounts lose money.
Trading Tron on Binance
Binance is the largest TRON exchange worldwide, offering not only a very secure, but also a very user-friendly interface. It is now possible to buy cryptocurrencies such as Bitcoin, Ethereum, XRP or Litecoin by credit card on Binance. Unfortunately TRON is not yet included, so you can trade TRON against Bitcoin, Ether, XRP, Tether or the Binance Coin.
But first you have to register on the exchange. Click on this link to visit the official website from Binance and click on “register”*. You don’t have to verify yourself for now. However, there is a trading limit of 2 BTC per day. This currently corresponds to a value of approx. 14,000€. However, we recommend that you fully verify your account. This will increase the trading limit per day to 100 BTC.
Buy TRON/TRX with credit card
You can only buy TRX coins by credit card, if you verify yourself beforehand. This is now required on almost every TRON platform. To buy TRON with your credit card, first click on “Medium” in the upper menu and then on “Buy with Credit Card”. You will now be taken to this screen:
Binance works with the payment processor Simplex to process transactions quickly and securely. To invest in TRON, you need to take the following steps:
- Choose Euro or USD depending on the currency you want to pay with.
- Fill in all the required fields requested by Binance.
- You will then need to verify your email address and phone number. You will receive a code both by e-mail and by SMS, which you must enter on Binance to confirm the accuracy of your data.
- Now scan the front and back of your passport so that Binance can verify your identity.
If you have taken this step successfully, there are further instructions for your TRON purchase to consider:
- The amount you enter is based on the current TRON exchange rate and is not final, but is always recalculated. If the exchange rate changes by more than 2.5%, you will be asked by e-mail from Simplex to confirm your transaction again.
- Once you have successfully completed your first payment, you will be able to view all transaction details such as payment history and other details.
- The transaction fee is 3.5% or USD 10, whichever is higher.
- The minimum deposit amount is currently (June 2019) 50 USD.
The TRON purchase process is very simple and clear, so you shouldn’t have any major problems. If anything is unclear, please leave a comment and we will be happy to help.
Trade TRX with Bitcoin, Ether, XRP, BNB or Tether
If you already have cryptocurrencies, you can simply transfer them to Binance and then exchange them for TRON (TRX). We will show you below how you can buy TRX with BTC and ETH.
If you own Ether, you can simply send it to your Ether Wallet address at Binance. If you do not yet have ether, you can simply buy it from Litebit and then enter the Ethereum wallet address of Binance in the “receive adress” field. To find the address of your Binance Etherwallet, you must first be logged in. Now click on “Funds” and then on “Deposit“. Enter “ETH” in the search field and select Ethereum.
Now you can see your receiving address. You must enter this wallet address on Litebit during the purchase process so that your ethers can be sent directly to Binance. If you store your Ether on another exchange, you must enter your Binance ether wallet address there to send it directly to Binance. Once your ethers have arrived on Binance, it will only take you 2 minutes to buy your TRX. Now click on the Binance logo in the navigation bar and click on “Exchange” and then on “Basic”.
You will now come to a new overview. Enter TRX in the search field (first red arrow) and select “ALTS”, each framed in red. Now click on TRX/ETH. Afterwards you will get to a price chart and the actual TRON purchase area. Now you have a total of three options on how to buy TRON: “Limit”, “Market” and “Stop-Limit”. The three terms are explained below.
The “limit” order is placed at a limit price that you set yourself. The order will only be executed when the market price reaches your limit. If your limit is not reached, your buy order remains open. If your order is still open, you can delete it at any time. A limit buy order can be used whenever you have time and don’t want TRX immediately.
In the case of a “market order”, the order is executed immediately at the current market price. It is not possible to set a limit or a value at which your buy order is to be triggered. Therefore, this function is especially suitable for beginners and TRON buyers who do not have much time and need TRX coins immediately. Now click on “Market”, as shown in red in this view.
Whether you use the limit order or the market order, you must enter how much TRX you want to buy in the “Amount” column. Once you have entered your desired amount, you can click on the green “Buy TRX” button. Your purchase order will then be placed immediately. Depending on the variant you choose, you should receive your TRX within a short time. Now you are the proud TRX owner.
You can leave your TRX on the exchange, but we recommend that you move your TRX to an external wallet. The Exodus TRON Wallet is ideal for this. The use of a hardware wallet such as Ledger or Trezor is even safer. We have made a big hardware wallet comparison. You can check it here (hardware wallet comparison) In May 2019, almost 7,000 BTC were stolen from Binance as part of a hack. Therefore decide by yourself how to store your TRX.
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If you have any questions, feel free to write us a comment, we will be happy to help you!
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