Buy Tron (TRX) with Credit and Debit Card in New Zealand

Launched at the peak of crypto mania in 2017, Tron gathered a group of crypto enthusiasts and developers around the idea of how cryptocurrencies might revamp the internet. At the time, the common objective of implementing blockchain networks was to build a distributed web. However, Tron made its offering different by implementing communications that reverberated, despite the criticism about its technology. 

Tron was one of cryptocurrencies that didn’t want to advertise any improvements in cryptography or design. Instead, the fundamental building blocks — decentralized apps, smart contracts, proof of stake (PoS) consensus mechanism, and tokens — were all pioneered by other projects before they were launched. Tron even chose to make elements of its technology in harmony with Ethereum. This further spurred accusations that Tron went too far with borrowing ideas. 

What is Tron?

Tron is a decentralized digital platform based on blockchain technology. It has its own native token Tronix (TRX). The project was established by a non-profit organization called Tron Foundation in 2017. Its aim is to host an international entertainment system for the economical sharing of digital content. 

In the beginning, Tron was marketed mainly in Asia. However, with over 50 million accounts in August 2021, Tron has undoubtedly gone global. 

Tron was designed as an immediate challenge to the media industry, involving internet-based giants such as Netflix or Amazon. The network’s motto is “decentralize the web”, and it aims to remove corporate intermediaries from media consumption.

How does Tron work?

Tron implements blockchain and peer-to-peer network technology features in order to remove intermediaries and thus enable content creators to sell what they have made directly to their 

customers. To create applications hosted on the platform, developers implement the Solidity program language. 

Tron’s native currency is Tronix (TRX). Network users employ TRX as reimbursement to content creators in order to access their apps. Creators don’t pay any transaction fees to Tron, as they aren’t charged on the platform. 

Where can you buy Tron in New Zealand?

If Tron’s features have got you interested and now you’re wondering where you can buy Tron in New Zealand, the answer is a cryptocurrency exchange.

However, interested participants should be very careful. There are a huge number of crypto exchanges, but not all of them are of good quality and reliable. CEX.IO is a trustworthy exchange with a near-decade of experience. Its quality and expertise are confirmed by numerous awards How to find the best way to buy Tron?

Those looking for straightforward ways how to buy Tron in New Zealand can take advantage of the CEX.IO ecosystem products. There are several services where you can buy TRX for cheap transaction fees compared to other platforms, like our Spot Trading exchange. 

Those seeking to buy TRX instantly might want to choose the Instant Buy feature. More experienced traders willing more control over their deals can try the trade orders feature. The Convert service of our Wallet is the one that you can use to buy TRX by exchanging it for other crypto or fiat currencies. 

In terms of payment methods, CEX.IO supports:

• Credit and debit cards (VISA and Mastercard)
• Wire transfers
• E-wallets (Skrill, PayPal)
• Apple Pay
• Google Pay

The availability of those methods depends on your country of residence. Learn more on our official website. 

How to buy Tron in New Zealand — a step-by-step guide

CEX.IO enables participants to buy cryptocurrency in several different manners, Instant Buy is considered as the fastest and most convenient. To purchase Tron using this service, a customer should link a VISA or Mastercard beforehand. If you haven’t done so already, you will be asked to add it to finish the purchase process.

To buy Tron in New Zealand via Instant Buy, 

• Open Instant Buy from the CEX.IO webpage; 
• Find TRX in the drop-down menu;
• Choose a pre-calculated pack or enter your own amount;
• Check all the details and click the Buy button to finish the transaction.

Buy Tron with trade orders  

Experienced traders can opt for the Spot Trading orders — market, limit, and stop limit. With this feature, it’s possible to buy TRX instantly at the current market rate or set the desired price and wait for the crypto token to reach it.

A market order enables users to buy Tron instantly. To start, a trader needs to enter the amount of money they want to spend, and CEX.IO will calculate how much TRX they can buy. 

A limit order can provide more control and allows one to set the price at which they like to buy Tron. Once the token attains that price, the order will be placed.

Please keep in mind that a limit order is not executed instantly, as it may take time for the token or coin to reach the set price. 

How can you earn crypto rewards on CEX.IO?

One of them is crypto staking. Eligible participants can stake any of 14 stakeable cryptocurrencies with CEX.IO potentially allowing them to earn up to 13% annual reward percentage. The process requires a trader to do very little — buy or deposit designated tokens and keep them in the CEX.IO balance. The Savings service works similarly with the only difference that a customer needs to transfer the supported asset to the dedicated crypto savings account.