How To Buy TRON (TRX)
A Step-by-Step Guide
Step 1 -
Signup to Coinbase - Get Free $10
You’ll first need to purchase one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your first $10.
Step 2 -
Send Your Funds To An Exchange
You’ll now need to send your Bitcoin (BTC) or Ethereum (ETH) over to an exchange. All exchanges have a similar deposit method. TRON (TRX) is available on Binance, so we’ll use that as an example. Unsure about how to send funds from Coinbase? (Follow this guide)
Make sure you’ve selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, etc. If you are dealing with a Decentralized Exchange such as IDEX, these steps may be different (Follow Our Guide)
Step 2 -
Send Your Funds To An Exchange
You’ll now need to send your Bitcoin (BTC) or Ethereum (ETH) over to an exchange. All exchanges have a similar deposit method. TRON (TRX) is available on Binance, so we’ll use that as an example. Unsure about how to send funds from Coinbase? (Follow this guide)
Make sure you’ve selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, etc. If you are dealing with a Decentralized Exchange such as IDEX, these steps may be different (Follow Our Guide)
Step 3 -
Locate TRON (TRX)
Once your deposit has confirmed, you’ll now have access to your funds and you can begin purchasing/trading. To purchase TRON (TRX) on Binance, you’ll want to hover over the “Exchange” tab and click on “Basic”.
To locate TRON (TRX), you’ll need to type the coins “ticker” (TRX) into the search box highlighted in the picture we have provided. Make sure you have selected the correct pairing, we’ve highlighted this too. Click on “TRX/BTC” to proceed.
Step 4 -
Purchase TRON (TRX)
Once you’ve located TRON (TRX), you’ll be presented with a Price Chart (Center) and some Order Books (Left). For now, we’re going to create our own Limit Order.
The “Price” field will be automatically filled with the most recent price TRON (TRX) was sold for although this can be changed to your desired price. The “Amount” field is the amount of TRX you wish to purchase. The “Total” field is the total price in BTC that you will pay for the whole amount.
When you’re happy, click “Buy TRX”. Your order will be filled when a Seller sells their TRX for the price you submitted.
Step 4 -
Purchase TRON (TRX)
Once you’ve located TRON (TRX), you’ll be presented with a Price Chart (Center) and some Order Books (Left). For now, we’re going to create our own Limit Order.
The “Price” field will be automatically filled with the most recent price TRON (TRX) was sold for although this can be changed to your desired price. The “Amount” field is the amount of TRX you wish to purchase. The “Total” field is the total price in BTC that you will pay for the whole amount.
When you’re happy, click “Buy TRX”. Your order will be filled when a Seller sells their TRX for the price you submitted.
Step 5 -
Withdraw TRON (TRX)
Unless you’re trading, never keep your coins on an exchange for an extended period of time. To withdraw your TRON (TRX), hover over the “Funds” tab and click on “Withdrawals”. TRON (TRX) can be safely stored using Official Wallets, so we’ll use that.
Locate TRON (TRX) by using the drop-down box provided. Enter the amount of TRX you’d like to withdraw taking into account the fees/minimums shown and make sure the withdraw address you have entered is yours and is correct.
When you’re happy, click “Submit”. You may be asked for phone/email verification before a withdrawal can be processed.
Congratulations!
You've Successfully Purchased & Stored TRON (TRX)
That’s it!
Withdrawals from Exchanges can take anywhere from 1-30 minutes depending on network usage. Once you’ve confirmed your withdrawal using TronScan and the TRX is safe inside your wallet, you’re all done.
