Buy TRON
At Financer.com, you can easily find where to buy TRON and the best cryptocurrency exchanges for buying TRON. You can also use our TRON Profit Calculator to calculate and track the performance of your investment.
Where To Buy TRON
There are hundreds of crypto exchanges and platforms where you can buy TRON. To save you the stress and time of finding the ones that work best for you, we have trimmed down the list based on a number of factors. Here are our top picks:
Coinbase | Gemini | Nexo | |
Cryptocurrencies available | 200+ | 100+ | 60+ |
Number verified users | 108 million | 13.6 million | 5 million |
Minimum trade | 2 USD | 0.00001 BTC | 30 USD |
Crypto fees | $0.99 to $2.99 flat fee depending on the size of the trade; percentage-based fee for trades above $200; 0.50% spread | 0.5% – 3.49% | 0.04–0.20% trading fees |
Advantages | Fast and easy; Low trading fees; Top notch security; multiple trading pairs | Beginner friendly Regulatory complaint Solid security infrastructure | Quick loans Regulatory compliant User-friendly platform |
Disadvantages | Relatively high transaction fees; Slow customer service | High fees Long verification process | Loans are over-collateralized U.S. users can’t be paid in Nexo |
Who is it best for? | Beginner traders | Beginner, intermediate, and advanced traders | Borrowers looking to take out crypto loans and investors looking to grow their crypto portfolio |
Learn more | Open an account | Open an account | Open an account |
Coinbase
Coinbase is an American publicly traded company that operates a cryptocurrency exchange platform that is the largest crypto exchange in the US.
It was founded in 2012 by Brain Armstrong, an ex-AirBnB employee driven by a vision of a global, open financial system that drives innovation and freedom.
Who Is Coinbase Most Suitable For?
Coinbase is most suitable for those getting started with cryptocurrencies. Its clean and user-friendly interface is great for beginner traders.
Its clean interface and well-thought-out features make the platform easy to navigate for beginners.
Why We Chose Coinbase
Coinbase’s user-friendly platform and intuitive interface are great for new entrants in the crypto world.
What’s more, the platform offers a wide range of cryptocurrencies to choose from as well as advanced security features.
Coinbase Fees
Coinbase has a variable fee structure that depends on the size of the trade. Trades less than $200 attract a flat fee while trades above $200 are charged based on a percentage.
In addition to fixed charges, there’s also a spread-based fee of 0.50%.
Size of Trade | Fee |
$10 or lower | $0.99 |
$10 to $25 | $1.49 |
$25 to $50 | $1.99 |
$50 to $200 | $2.99 |
Above $200 | Percentage-based fee |
Pros
- Fast and easy
- Low trading fees
- Top-notch security
- Advanced trading options
- Two-factor authentication
- Over 100 cryptocurrencies are supported
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Relatively high transaction fees
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Slow customer service
Cons
Gemini
Gemini was founded in 2015 by the famous Winklevoss twins: Tyler and Cameron Winklevoss. The crypto exchange is based in New York and has a reputation for security and regulatory compliance.
The exchange is run by the Gemini Trust Company, LLC – a New York Trust Company.
In addition to a crypto exchange, Gemini also runs a wallet service, a custodial service (for institutional investors), and an advanced trading platform.
The exchange is also the issuer of Gemini Dollar (GUSD) – a dollar-collateralized stablecoin as well as a yield-earning service (Gemini Earn).
Who Is Gemini Most Suitable For?
Gemini has a user-friendly platform and an advanced trading interface that makes it suitable for beginner, intermediate, and pro traders.
Its solid security infrastructure also makes it an attractive option for institutional investors and asset managers looking to invest in crypto.
Why We Chose Gemini
Gemini has built a strong reputation for security and regulatory compliance that makes it one of the most secure exchanges in the crypto space.
The company goes above and beyond to be regulatory compliant and keep funds under its custody secure. A testament to this is the fact that the platform has never been hacked.
Gemini Fees
Gemini offers relatively higher fees compared to the competition. Gemini’s fee structure is based on user activity like transfers and withdrawals.
The exchange also charges convenience fees (for using the web or mobile app). There’s also a Gemini earn fee – which is a fee charged for the Gemini Earn service.
Here’s a summary of the different fees:
Activity/Service | Fee |
---|---|
Transfer (deposits and withdrawals) | Wire transfer deposits: FreeDeposit via debit card: 3.49%Withdrawal Fee: Variable (depends on the coin) |
Gemini Earn | Variable |
Transactions | Flat fee for trades up to $200 1.49% fee for trades over $200 |
Convenience | 0.50% spread in the price of the crypto asset you are trading |
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Beginner friendly
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Regulatory complaint
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Solid security infrastructure
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Advanced trading interface
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Wide range of products
Pros
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High fees
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Long verification process
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Only 100+ cryptocurrencies available
Cons
Nexo
Nexo is a crypto lending platform offering loans from $50 up to $2M and APYs up to 12%. The platform allows borrowers to take out loans against their crypto assets and allows users to earn interest on their deposits.
Nexo’s business model is based on two key services: a crypto investment account and a crypto lending service.
Users can send funds to the platform and earn interest on their deposits as the funds are lent to borrowers. Nexo offers up to 12% APY on deposits.
Who is Nexo most suitable for?
Nexo is suitable for both borrowers looking for crypto loans and investors looking to grow their crypto portfolio.
The platform allows people that may not qualify for traditional loans to take out loans without any of the qualifying requirements that traditional lenders would ask for.
Nexo is also a good way of earning passive income. Users can fund their accounts and expect to earn interest on deposits.
Why we chose Nexo
Nexo is one of the most reputable brands in the crypto space. Not only is the company regulatory-compliant, it also has a solid security infrastructure.
What’s more, Nexo is user-friendly and loans are fast and easy to get (as long as you have enough crypto as collateral).
It is also one of the best platforms for earning passive income with crypto. Interest is paid out daily and users can withdraw anytime.
Nexo Fees
- 0.04–0.20% trading fees
- 0%- 13.9% APRs
- Nexo doesn’t charge origination fees, late fees, or prepayment fees.
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Quick loans
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Regulatory compliant
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User-friendly platform
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Loyalty earning opportunities
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Borrow against your crypto without forgoing capital gains
Pros
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Loans are over-collateralized – this means the value of your crypto holdings must surpass the loan amount you desire.
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U.S users cant be paid in Nexo – this is because the Nexo token is an unregulated security by the SEC standard.
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Nexo’s Earn service won’t be available to U.S. clients from April 1, 2023.
Cons
How To Buy TRON (TRX)
Steps
Find a good Platform
There are multiple exchanges where you can buy TRON (TRX). To save you the stress of finding the best platforms, we have explored multiple platforms and trimmed down the list to three: Binance, Coinbase, and Gemini.Buy some TRX
Once you have signed up or signed into your account (whichever the case may be), head over to the buy crypto tab. The tab would look different for different exchanges but it will be described in a way that implies that you can use the button to buy crypto. Regardless of the crypto exchange you use, you will find multiple payment methods for buying Tron. Choose the option that’s most suitable for you.Store your coins securely
While crypto exchanges provide a wallet for storing your funds, it’s not a good idea to leave money on an exchange if you are not actively trading. Instead, store your funds in decentralized wallets like Trezor and Ledger Nano X.Is TRX a Good Investment?
TRON (TRX) is one of the most prominent cryptocurrency projects in the market. This is evident in the fact that it has consistently maintained a spot in the list of the top 20 cryptocurrencies by market cap.
A rise in the price of Bitcoin and cryptocurrencies in general is likely to raise the price of TRX. A market wave that leads to mass adoption of cryptocurrencies will lead to a surge in the price of TRX.
In addition, TRON’s future is tied up with various DeFi projects and other technologies such as artificial intelligence, which could have a big impact on its usefulness.
Always remember to do your own analysis. Follow recent and expected news about Bitcoin, Tron, and cryptocurrencies in general, and also analyze TRX’s price action.
How to invest in TRON
TRX is a promising token, although its use is still somewhat limited. The main ways to invest in cryptocurrencies like TRON are:
- Hodling: Hodling or “Hold On for Dear Life,” is simply buying a cryptocurrency and holding onto it even in the event of extreme price dips. Many investors voluntarily “forget” about their cryptocurrencies for months or years or simply set a performance goal.
As the set time passes or when the coin reaches a chosen price, they convert it into another cryptocurrency or fiat money to enjoy their profits.
- Trading: Trading cryptocurrencies revolves around a basic idea: Buy low, sell high.
This idea is aimed at making a profit off the up-and-down movements of markets. To trade cryptocurrencies profitably, you need to understand price charts and know how to identify buying and selling opportunities.
- Staking: When you stake crypto, you “lock” it for a period of time. The longer you stake your crypto, the more reward accrues to you. During the staking period, the staked TRX cannot be sold or converted into other currencies.
What is the Future of TRX?
According to Justin Sun, creator of TRON, the network aims to develop blockchain payments projects using artificial intelligence based on ChatGPT.
If utility is found in this new technology, TRON’s price could be positively impacted.
In addition, TRON’s network has shown increasing dominance in the presence of stablecoins, especially USDT. TRON has over 50% of the supply, over 10% more than the Ethereum network.
What is the best TRON wallet?
It all depends on what you want. If you are looking for maximum security, cold wallets are the best option.
If you are looking for speed in moving your funds, because you trade regularly, then it may be better to keep your coins in an exchange wallet.
Ledger devices are among the best cold cryptocurrency wallets, especially the Nano X model. They are unobtrusive in size and provide maximum security.