How to buy Tron
A convenient crypto wallet exchange!
If you're interested in purchasing entertainment content, you can use TRX to buy your favorite works, but first you'll need to buy Tron. This currency is used for payment on a popular platform created by young Singaporean businessman Justin Sun. The currency was launched in 2017 and ranks in the top 20 by market capitalization.
Features of Tron (TRX) cryptocurrency
Tron is a project promoted by top marketers who emphasize that the currency maintains the fundamental principle of blockchain - decentralization. The developers' idea is to provide a platform free of charge to anyone who wants to post entertainment content.
If a visitor likes a particular work, they can purchase it. To do this, the author is given a certain amount in the currency used on this platform - TRX.
The simplicity of this idea has attracted many users, contributing to the token's popularity. It initially showed staggering price growth of about 2,000%.
The announced emission is 100 billion tokens. However, over the years 2018-2019, ten "burnings" took place, leaving less than 1% of the coins in circulation.
Tron is noted for its suspicious resemblance to Ethereum and Benet projects.
The blockchain's speed is recognized as a clear advantage. In this indicator, it surpasses Bitcoin by almost 300 times, and Ethereum by 130.
How to create a Tron wallet
If you want to access the platform or buy Tron, you'll need to create a wallet. You can create one on a cryptocurrency exchange.
However, custodial storage has already lost its popularity: there are too many risks due to attacks, bankruptcies, failures, significant commissions, and it is difficult to quickly withdraw currency.
Through the multi-currency crypto exchange Matbea
It is rational to purchase Tron on the well-known exchange service matbea.com, which has been operating since 2014. Our service:
- supports three-factor authentication;
- does not have access to the client's private keys. They can be applied on other services if necessary.
Through the mobile application
Mobile applications are installed for quick balance management. You can download the mobile app on matbea.com. This will allow you to quickly take advantage of the high volatility inherent in coins.
Where to sell Tron (TRX)
The same options used for purchasing coins can be used for selling. Using P2P protocol can help save on fees, but it is unlikely that you will:
- complete the transaction quickly;
- find a buyer who needs a significant amount.
P2P protocols have not yet gained widespread use, as there are few offers on platforms. It is difficult to exchange a large sum.
Sell on Matbea: an open wallet with exchange functions is available here.
Tron (TRX) exchange rate
If you have accumulated a certain amount in TRX, you need to monitor the current exchange rate. The coin's position is quite stable. It is currently trading for over 3 US cents. The market capitalization of the coin exceeds $2.38 billion, and the trading volume reaches almost $1.7 billion per day.
How to earn on Tron (TRX)
Mining of Tron is not yet conducted, although Justin Sun has stated that the developers of the project are considering this way of earning coins. Therefore, you can use the following:
- post content on the platform;
- invest in the token;
- engage in trading on cryptocurrency exchanges.
Matbea offers its clients to receive passive income. To do this, you need to join the multi-level affiliate program. Actively attract clients, benefit from creating a network of referrals.
With each transaction of your attracted clients, the service makes agreed-upon payments to the partner's address. No special efforts are required, and the income received from participating in the multi-level "partner" program can be significant.
