So, you have made the decision to add to your cryptocurrency portfolio and now you want to know how to buy Tron coins? You have come to the right place! By the way, did you know that the Tron value increased more than 33 times in just 15 days in December 2017 ago.
# What is Tron?
Tron cryptocurrency was made at the end of 2017 by @justinsunsteemit. This is still one of the most successful ICOs of all time, collecting over $ 81 million from cryptocurrency investors! In fact, so many people want to buy it that it causes the Binance exchange to crash!
> **Note**: ICO stands for Initial Coin Offering and is a way for new crypto projects to collect money. In 2017, more than $ 5 billion was raised this way! How many do you think will be raised in 2018-2020?
Tron wants to fully decentralize the internet by allowing people to create and access media on a daily basis without using a third party. This is very important because big companies not only control what people can see, but they also take most of the profits from here!
For example, think about how YouTube works. If you spend a lot of time making really cool videos and then uploading them to YouTube, you immediately give up your control.
Even though you have the opportunity to make money from your videos as more people watch, YouTube will take a large percentage of your profits. This is unfair, right?
If for some reason YouTube decides they no longer want to hold your video, they can delete it at any time!
Tron solved this problem by creating a decentralized platform that nobody could control. The control is distributed to thousands of different computers.
The only way someone can hack his network is if that person gets access to every computer that supports his network. This is impossible!
Tron also has its own crypto currency, called TRX. TRX coins are used to help confirm transactions and pay artists for their work. As more people use Tron as a decentralized media platform, the value of their coins will increase.
People who invested in Tron cryptocurrency at the beginning of its birth have had a very good time. When TRX coin was first released, the value was only $ 0.002 . This is less than 1 cent! In the first week of January 2018 ago, the price reached almost $ 0.25 per coin, this made some investors make a big profit.
One of the main reasons why people are so sure and finally buy Tron coins is because its founder, Justin Sun, is a good friend of Jack Ma. Ma founded one of the most valuable companies of all time, Alibaba. This means that Sun has many important networks.
So now you know about a little history of this project. Then let's find out how to buy Tron coins!
# How to buy Tron Coin?
There are many exchanges that you can use to buy Tron coins, but I will show you the five biggest exchanges. Each exchange has advantages and disadvantages of each, so read each of them in this market Tron coin tutorial and determine which is best for you!
## Binance
Created recently in 2017, [Binance](https://www.binance.com) is one of the newest crypto exchanges. One of their biggest weaknesses is that you cannot deposit or withdraw money using fiat currencies, which means that you have to trade or trade using digital currencies.
> **Note**: If you are wondering about what I mean by "Fiat Currency", I'm talking about real-world cash. IDR, USD and EUR for example are examples of fiat currencies. The central bank can print as many fiat currencies as they like, which decreases its value over time!
However, Binance is very popular because they have more than 100 different coins, including TRX coins. Every time you trade at Binance, you will pay a fee of 0.1%. This is one of the lowest cost amounts. In fact, if you use Binance Coin, which is also a cryptocurrency, you get a 50% discount on all costs!
Binance became so popular that at the end of 2017, they temporarily stopped accepting new customers from registering accounts because too many people joined!
Because you don't deposit with fiat money, you only need to send an ID when you reach the 2 Bitcoin limit (or the equivalent). This is a very high amount if for you who only want to trade in small quantities!
Account security at Binance is also good, because you can install Google Authenticator. Finally, Binance has basic and advanced parts, which means that this exchange is ideal for beginners and also more experienced traders (traders or traders).
## HitBtc
[HitBTC](https://hitbtc.com/) is a multi-currency crypto exchange based in Estonia and has been providing this service since the end of 2013. These exchanges are very suitable for beginners because they allow you to deposit using fiat currencies such as USD and EUR. If you live in Europe, this can usually be done through SEPA or SWIFT for other parts of the world.
Please remember, if you decide to use a bank account to deposit, you must submit an identity document. You also have to wait several days for HitBTC to verify your identity. If you need to buy Tron coins quickly, then it might be better to make a deposit using another cryptocurrency like Bitcoin or Ethereum.
HitBTC has almost 200 cryptocurrency to be traded, including TRX coins. Like Binance, trading costs are very low at 0.1%. However, depending on which coin you want to withdraw, the fee can be very high.
Even though HitBTC has various security features like Google Authenticator when this exchange was hacked in 2015, some people still lost their coins.
## OKEx
[OKEx](https://www.okex.com/) was launched in 2014 and initially only supported Chinese. However, as they become increasingly popular they also offer English!
You can buy more than 100 types of coins at OKEx and this website has a large trading volume. Even though they have fiat currency facilities, this is for advanced traders to buy specific financial products, so this is not suitable if you only want to buy Tron coins.
Security at OKEx is one of the best in the industry, with users required to complete verification steps every time they log in, trade or withdraw money. Some people complain about how often they have to confirm their mobile number, but I think this is good because it shows how seriously OKEx takes care of security!
Depositing cryptocurrency into OKEx is free, but each trade will cost between 0.02% - 0.2%, depending on your account status. You only need to provide an identity if you trade in a very high amount, which means more than 100 Bitcoin in 24 hours!
Finally, there is 24-hour live chat support, which is great if you live in a different time zone with China!
## Mercatox
[Mercatox was](https://mercatox.com/) created in 2016 and is a peer-to-peer exchange (P2P or peer to peer). This means you don't buy Tron coins directly from the bursa, but from people who want to sell them. Let's just say this P2P is like from person to person!
Depositing into your account is very simple because there are many payment providers that can process fiat currency deposits such as PerfectMoney and Payeer! This includes debit / credit cards and bank account deposits. Although this is very convenient, each payment provider will have their own costs, so make sure before you make a deposit.
Mercatox Exchange offers more than 100 different types of cryptocurrency for sale. Each trade requires a transaction fee of 0.25% for buyers and sellers, this is an amount that is still quite cheap. When you register an account, you will be asked to set up two-factor authentication, email verification and SMS verification, which will make your account truly secure.
## CoinEgg
Although [CoinEgg is](https://www.coinegg.com/) much smaller than the other exchanges I mentioned, this exchange has a trading volume for Tron which is one of the highest. Based in the UK, CoinEgg has a lot of cryptocurrency that you can sell and buy.
Unfortunately, CoinEgg does not allow deposits with debit / credit cards or bank accounts, but you can use popular coins such as Bitcoin and Ethereum. The cost of trade is very low at only 0.1%.
In terms of customer service, there is a live chat facility, or you can send an email ticket. Security is taken very seriously at CoinEgg and you won't be able to trade until you create three security questions.
Well, you now know where to buy Tron coins! Next in this Tron Indonesia tutorial is a step-by-step guide on how to buy Tron coins along with pictures at each step!
# Step-by-Step Guide on How to Buy Tron Coin
Although I have explained several Tron exchanges that allow you to use your debit / credit card or bank account, this will take several days before you are verified.
So, when talking about how to buy Tron coins quickly, you must first get an account with Coinbase and buy Ethereum.
## How to Buy Tron Coins: Buy ETH at Coinbase
Now that you have opened your [Coinbase](https://www.coinbase.com/) account and verified your information, it's time to buy Ethereum!
- First, click **Buy / Sell**
[Screnshot](https://www.coinbase.com/)
- Next, click **Ethereum**
[Screnshot](https://www.coinbase.com/)
- Scroll down to the bottom of the page and enter the amount of Ethereum you want to buy. Because my account is in Euros, I have entered 125 EUR. The ETH box will then be updated depending on the amount you entered.
- Finally, click **Buy Ethereum Instantly** to complete your purchase. Easy!
## How to Buy Tron Coins: Send ETH to the exchange
Now that you have bought an Ethereum, you have to transfer it to a market that sells Tron. I usually use Binance because they have the largest volume and the cost is very low.
- Click on **Accounts** at the top of the exchange.
- Then you need to scroll down, select **Ethereum** and click **Send** .
- You will then be asked to enter the address of the wallet you wish to send the Ethereum. This is your Binance address. If you don't have a Binance account, click here to see our complete guide. Return to step 4 when you are ready!
- To get the address of your Ethereum wallet in Binance, move your mouse to **Funds** and then click **Deposits** .
- Now click on the drop-down box, enter **ETH** and then click on **Ethereum** .
- Now you will see the address of your unique Ethereum wallet for Binance. Click on **Copy Address** and then return to Coinbase.
- On Coinbase, paste the address of the Binance wallet and click on Your Ethereum. Your Ethereum coin will reach Binance within 10 minutes!
## How to Buy Tron Coin: Buy TRX at Binance
You have come this far and are now one step away from buying your first Tron coin! After your Binance account is filled in, follow the steps below.
- Move your mouse to **Exchange** and then click **Basic**.
- On the right side of the page, click on **ETH** , look for **TRX** and then click on T**RX / ETH** .
- As you will see from the screenshot below, you are now on the main trading screen for the Tron / Ethereum pair.
- Scroll down below the chart and look for **Buy TRX** . Then click on Market . By clicking on Market, this will give you the current **market** price for Tron, so your order will be immediately available!
- Now you have to enter the TRX coin amount you want to buy. If you want to use all of the Ethereum that you transferred from Coinbase, click **100%** .
- Finally, click **Buy TRX** to complete your trade.
Congratulations! You now know how to buy Tron coins at Binance! Very easy, right?
# Conclusion
If you have read this "How to Buy Tron Coin" guide from beginning to end, you now have a good understanding of how this project works. In the example I gave, I said that the Tron blockchain would benefit artists more than using YouTube.
Can you give another example? People can create various types of applications for the Tron blockchain, from social media to concert ticket sales! Whatever it is, everything will be decentralized!
I have also included five exchanges to buy Tron coins. In your opinion, which one is the best? I prefer Binance because it's good for beginners. If you decide to follow my step-by-step guide, what do you think?
Hope you enjoy my "How to Buy Tron Coin" guide. I want to hear your opinion about Tron and why do you think this is a good coin to buy. Maybe you know something that I don't know? Leave your comment below and let me know!
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