eToro Cryptocurrency Trading
- Buy Tron (TRX) and 18 other cryptocurrencies
- Copy top-performing traders
- Deposit with Credit/Debit Card, PayPal, bank transfer & more
- Disclaimer: Virtual currencies are highly volatile. Your capital is at risk
eToro Cryptocurrency Trading
These days you can buy and sell TRON’s native currency, Tronix, on a wide range of crypto exchanges. Tronix was founded in 2017 and originally operated as an ERC20 token, but no longer does. Many popular exchange allow you to buy and sell TRON, so compare a few options before settling.
You can buy TRON with GBP from a crypto exchange:
TRON is the name of the blockchain-based entertainment content sharing platform.
Tronix tokens are the platform’s native currency and are used to reward users for creating content.
TRX is the ticker symbol crypto exchanges use to refer to Tronix, in the same way that the US dollar is commonly abbreviated to USD.
If you want to trade another cryptocurrency for TRX, here’s an example of how to do it.
As always, take some time to review the transaction details and total cost before you click “Buy TRX.”
If you want to sell your TRX, the process you’ll need to follow is fairly similar to that described in step 4 above. Of course, you’ll need to make sure you enter your transaction details in the “Sell” rather than “Buy” tab and remember to review your transaction before submitting.
It’s also worth pointing out that TRX isn’t listed in trading pairs alongside every possible crypto and fiat currency, so it may not be possible to directly exchange your Tronix for the currency you want.
After the launch of the TRON mainnet in June 2018, TRX is no longer an ERC20 token on the Ethereum network. As a result, you’ll need to find a wallet that supports TRX mainnet tokens.
The wallet options available were initially quite limited but are increasing all the time. There are desktop, web, Android/iOS mobile and even web browser extension wallets that have been developed by the TRON community and are listed on the TRON website.
You can also use the Tronscan desktop app to manage your TRX holdings through the Ledger Nano S hardware wallet.
TRON is a blockchain-based entertainment content sharing platform that aims to transform the global entertainment industry. Launched in 2017 and with a stated aim to “decentralise the web”, TRON aims to allow users to create and publish content without the need to use centralised services, and without needing to hand control of their content over to major entertainment companies like Google, Apple or Facebook.
It was built in response to the perception that users are losing control of the Internet, with social media giants, advertisers and other large sites taking control. By using blockchain technology and its peer-to-peer benefits, TRON aims to cut out the profit-taking middlemen and allow content creators to connect directly with consumers.
To this end, TRON developers have created a formula that determines creator rewards. This reward system takes into account the following:
Cryptocurrencies are complex and notoriously volatile assets, so you should never buy any digital coin or token without doing some thorough research first. You’ll need to understand the factors that can potentially influence the price of TRX, as well as the risks involved in buying digital currency, before making a purchase.
If you want to buy TRON, make sure you consider the following factors:
Consider these and a range of other influencing factors before deciding whether you should buy TRON.
Disclosure: At the time of writing the author holds ADA, ICX, IOTA and XLM.
Binaryx offers an intuitive interface for investors to trade a range of crypto and fiat assets.
If you’re looking for ways to gain exposure to Bitcoin and other digital currencies, cryptocurrency ETFs could be worth exploring. Find out what crypto ETFs are and how they work in this introductory guide.
Discover the features available on the EU-focused Kriptomat cryptocurrency exchange, how to get started and what cryptocurrency investor the exchange is best suited for.
What affects the value of Ethereum (ETH) and how might the price of ETH fluctuate in the year ahead? Find out in this comprehensive guide.
Where is the price of Dogecoin headed in 2021 and beyond, and what are the factors affecting the value of this iconic cryptocurrency?
Axie Infinity is an RPG game that is currently dominating the NFT sector. Discover what Axies are, what makes them unique and how you can earn money simply by playing.
We compare these two large cryptocurrency exchanges to see how their fees, features and customer support stack up.
Learn how to get started investing in cryptocurrency, the methods available to you, and what to keep in mind before making your first purchase.
This guide explores how to buy and sell Dogecoin on an exchange as well as where you should store your cryptocurrency.
Learn how to use DeFi aggregator Yearn Finance to earn interest on your cryptocurrency.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.