Buy Tron
Buy Tron (TRX) with a Credit and Debit Card in Australia
CEX.IO makes it easy to buy Tron in Australia. As a complete crypto ecosystem, we cater to both beginners and experts. Tron (TRX) enthusiasts can manage their portfolios effortlessly using our CEX.IO Wallet.
First, What is Tron (TRX)?
TRX is an open-source blockchain capable of launching smart contracts, and decentralized apps (dApps), and serving as a payment network. It uses a proof of stake (PoS) protocol, making it more energy-efficient than proof of work (PoW) systems like Bitcoin. The max supply of TRX is 92.50 billion, all currently in circulation.
How to Buy Tron with a Credit Card
Buying TRX with a credit card in Australia can be challenging due to limited options. While major cryptocurrencies like Bitcoin and Ethereum are commonly available, niche altcoins like TRX often are not.
Fortunately, CEX.IO supports credit and debit cards for TRX purchases. Our Instant Buy tool is the quickest way to buy TRX for cheap if the market price satisfies your risk appetites. Aside from TRX, we also support 130+ other cryptocurrencies. Whatever asset you are interested in, you’ll likely agree that our Instant Buy tool is the most straightforward option to pursue.
How to buy Tron with a Debit Card
Debit cards are also supported on CEX.IO, alongside many other popular payment methods like PayPal, and Google Pay. Our Instant Buy feature covers many crypto assets, including TRX. You can also use our Spot Trading and Convert products to add over 130 cryptocurrencies to your portfolio.
Where to buy Tron in Australia
One of the most important decisions you will have to make is choosing which crypto company will be your crypto journey partner. You will likely want to find a reliable exchange platform with a good reputation. If your goal is to buy TRX for cheap and build a portfolio for the long term, you’ll find that CEX.IO can facilitate this. CEX.IO offers a full ecosystem for all your crypto needs. We aim to empower you with the tools and freedom to succeed.
For budding Tron enthusiasts who are learning how to buy Tron, we have numerous methods available so you can make your first purchase on your terms. Our step-by-step guide below will help you buy TRX with minimum effort.
A step-by-step guide on how to buy Tron in Australia with CEX.IO
- Create and Verify Your Account: Click on Register at the top-right corner of the CEX.IO website. Provide the necessary personal details for identity verification.
- Access Your Wallet: Once registered, you’ll have access to the CEX.IO Wallet where you can manage all your crypto assets.
- Buy TRX: Follow these steps:
- Log In to your CEX.IO account.
- Click on Instant Buy.
- Select TRX from the list of cryptocurrencies.
- Enter the amount of TRX you want to purchase.
- Choose your payment method (credit card, debit card, etc.).
- Confirm your transaction details and complete the purchase.
Using Spot Trading to Buy Tron in Australia:
While some users may prefer a direct approach to adding assets to their portfolio, others may want to dive into the data to fully understand an asset's potential. For those users, we suggest exploring our Spot Trading product to review the TRX charts in detail. You’ll be able to better understand the current position of any cryptocurrency. You can review the incoming orders, check the recent volume, and see how the asset has fared over the last few days or weeks.
Customers can place either market or limit orders in the spot exchange and both function differently. Market orders will automatically purchase TRX at whatever the nearest price is, based on the sell limit orders that other users have placed. Limit orders instead allow you to select the price you want, and they will execute if the asset’s price reaches this predetermined value. This is convenient for traders who are willing to wait to get their chosen crypto at a better price.
Now, we’ll demonstrate how to buy Tron with Spot Trading orders:
- Go to the Spot Trading section from the top-left dropdown menu.
- Next, go to the left side and type the cryptocurrency you are looking for to see the available pairs. TRX currently has the following pairings, TRX/BTC, TRX/EUR, TRX/GBP, TRX/USD, and TRX/USDT.
- Make sure your order direction is “Buy” and select either Limit or Market Order. You may also use Stop Limit orders to pre-order a trade set at a specific price.
- Enter the amount of the purchase. You can additionally set the maximum slippage for market orders and the price at which you are willing to open the order and execute purchase for limit and stop limit types of orders.
- Click the Place Order button to confirm your order.
From here, if you have placed a limit order you will just have to wait for your order to execute and then you will see the TRX available in your wallet. After a market order, you will see your TRX balance updated immediately after your purchase.
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