Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
TRON is one of the most well-known blockchains globally, and not just because of its CEO Justin Sun. This cryptocurrency has many distinctive technical characteristics and can process 2,000 transactions every second.
Our Crypto Signals
1-month subscription
month
3-month subscription
month
6-month subscription
month
12-month subscription
month
Lifetime Subscription
month
If you are eager to learn how to buy TRON – we cover everything in this guide.
Today we talk about how you can safely buy TRON from home, starting with a comprehensive review of the top licensed brokers in the space. We also cover storage options, commonly used strategies, and alternative ways to buy Tron in a cost-effective manner.
8cap - Buy and Invest in Assets
- Minimum deposit of just 250 USD to get lifetime access to all the VIP channels
- Buy over 2,400 stocks at 0% commission
- Trade thousands of CFDs
- Deposit funds with a debit/credit card, Paypal, or bank transfer
- Perfect for newbie traders and heavily regulated
How to Buy TRON in 10 Minutes – Quickfire Guide
If now isn’t a convenient time to read this entire guide, you will see here a quickfire walkthrough of how to buy TRON in 10 minutes.
- Step 1: Sign up with a credible cryptocurrency broker – Capital.com fits the bill and you can buy TRON at 0% commission
- Step 2: Regulated brokers like Capital.com follow KYC rules – so enter your name, date of birth, and contact details when prompted
- Step 3: Send a copy of your passport to validate your identification, and a bank statement or utility bill to authenticate your address
- Step 4: Deposit funds into your account – Capital.com supports multiple payment methods such as a credit/debit card, bank transfer, PayPal and more
- Step 5: Place an order to buy TRON – you can find it easily at Capital.com by using the search bar
Notably, Capital.com will let you invest in TRON from a minimum of just $25! In case you are yet to decide what kind of platform you want to use, you will find reviews of Capital.com and commission-free CFD platform Capital.com next.
Select a Trusted TRON Broker
It’s difficult sorting the wheat from the chaff with online brokers. As such, we set our sights on finding the best place to access TRON in safety – with licences and low fees.
You will find our most trusted broker reviews below, for both investing and CFD trading.
VantageFX – Ultra-Low Spreads
VantageFX VFSC under Section 4 of the Financial Dealers Licensing Act that offers heaps of financial instruments. All in the form of CFDs - this covers shares, indices, and commodities.
Open and trade on a Vantage RAW ECN account to get some of the lowest spreads in the business. Trade on institutional-grade liquidity that is obtained directly from some of the top institutions in the world without any markup being added at our end. No longer the exclusive province of hedge funds, everyone now has access to this liquidity and tight spreads for as little as $0.
Some of the lowest spreads in the market may be found if you decide to open and trade on a Vantage RAW ECN account. Trade using institutional-grade liquidity that is sourced directly from some of the top institutions in the world with zero markup added. This level of liquidity and availability of thin spreads down to zero are no longer the exclusive purview of hedge funds.
- The Lowest Trading Costs
- Minimum deposit $50
- Leverage up to 500:1
Buy TRON or Trade CFDs
In case you aren’t aware, you can access TRON by investing in it – or you can trade CFDs. The latter means you don’t have to own or look after the underlying asset.
We clear the mist on both the long-term and short-term way of accessing cryptocurrencies next.
Buy and Hold TRON
Do you see yourself as an investor who is more concerned with preserving funds and making gains in the long-term? Perhaps a buy and hold strategy will suit you best.
This will see you buying TRON and not cashing out until you feel like the time is right to make a decent profit. Sometimes, this can take years.
To offer some clarity, see an example of how you might adopt the buy and hold strategy with TRON:
- After monitoring TRON, you notice it has seen a price decrease of 14%
- As you think this will be temporary – you create a $600 buy order
- 10 months later, TRON experiences a 24% price increase – you speculated on its direction correctly
- You place a sell order to cash out your 24% gains from this investment
- You made $144 profit from the initial $600 stake ($600 x 24%)
That’s the buy and hold strategy in a nutshell. If this sounds like something you might like to try, it is imperative you think about where you will store your TRON investment. The chances are you are aware of the many cryptocurrency exchanges online. Sure, you can store TRX coins in a space like this, however, you will probably do so without regulation.
One of the biggest concerns with trusting an exchange to store your TRON investment is that the platform holds your private keys. This leaves you incredibly vulnerable to ‘cryptojacking’. For those unaware, this is a term used for the act of hackers exploiting data to gain access to an exchange. This usually results in millions, if not billions of dollars’ worth of investors’ digital currencies being stolen.
Another possibly risky solution to storing your TRON purchase is to download a crypto-wallet. Many things can go wrong with this method, such as being hacked, losing or forgetting your private key, technology failure, and fraud. Keeping it safe usually entails downloading antivirus software, creating a backup wallet, and encrypting it using a passphrase (a sophisticated security feature).
A far easier option is to buy TRON at eToro under regulatory bodies CySEC, FCA, ASIC, and FINRA. This enables you to purchase, store and sell TRON in the same place whilst paying nothing in commission fees. Moreover, you can invest in TRX coins from only $25!
Trade TRON
Perhaps you see yourself taking a hands-on approach and regularly watching the crypto markets for short-term but regular trading opportunities? CFDs could be the instrument for you. CFDs (Contracts for Difference) offer a more versatile way to make money, compared with a traditional investment models, like bonds for instance.
When trading stocks and such, you will only benefit from a rise in the asset’s value. CFDs, on the other hand, allow you to trade on either direction – meaning you can go long or short. In this case, you will usually trade TRON against either a fiat currency such as US dollars or British pounds, or a digital one like Bitcoin.
You do not need to think about storage when trading CFDs. This is because you will not trade or own the underlying cryptocurrency. Instead, you will trade based on its perceived future value.
Let’s shed a bit more light on the art of trading TRON CFDs with an example:
- After some research, you want to trade TRON against US dollars
- With a price of $0.11 – you think TRX/USD is overvalued and will fall again
- With this in mind, you place a $300 sell order to go short
- Before the day is over, TRX/USD has fallen to $0.09 – your prediction was right
- TRX/USD fell by 20% – thus, you place a buy order to cash out
- Having closed your position – you made a profit of $60 from the original $300 sell order
Because of their inherent volatility, digital currency markets aren’t short of surprises. As such, CFDs are one of the most flexible ways to trade TRON, or any other asset. Thus, you can make gains from a cryptocurrency’s plummeting value by going short instead of long.
We should also note that CFDs are leveraged instruments. This means that the trading platform will boost your position by your selected multiple. When you see leverage at your chosen brokerage, it will be shown as a multiple, or ratio. The most commonly offered leverage for cryptocurrency CFDs is 1:2 (or 2x).
Let’s see how the earlier TRX/USD trade would have played out had you applied leverage:
- You placed a $300 sell order on TRX/USD to short the pair
- By opting to apply 1:2 leverage, the order is now worth $600
- The 20% profit you made for correctly predicting the markets has also doubled – from $60 to $120!
If you are interested in trading TRON CFDs, note that some jurisdictions have banned cryptocurrency derivatives altogether. This includes the US, UK and Hong Kong. As such, you should first check if this is applicable to you.
Where to Buy TRON
We have discussed many key factors regarding how to buy TRON. Now let’s move on to where to buy this digital asset.
Buy TRON Debit Card
The first thing to note about looking to buy TRON using your debit card is you may have to pay transaction fees! For instance, if you use this type of payment to invest in cryptocurrencies at Coinbase – the platform will charge you 3.99% of the order amount.
Commission-free broker eToro will only charge you 0.5% when using a debit card to buy TRON. This fee will be waived if you are using US dollars!
Buy TRON Credit Card
If you are a credit card user, you probably already know about the cash advance fees they sometimes invite. With this in mind, although you can buy TRON using a credit card, be aware that some providers and brokers charge additional commissions.
eToro accepts credit card deposits and will not charge you any commission at all. Again, you will only pay 0.5% if you are using a currency other than USD.
Buy TRON Paypal
This guide found that the lion’s share of online cryptocurrency brokers don’t accept PayPal. With that said, if you want to use this e-wallet to make your next investment, you can do so at eToro. This can be done at the aforementioned 0.5% exchange fee if you pay in a currency other than US deposits.
TRON Strategies
Trader/investor disciplines, or strategies, have been used for decades. Not having a plan in place when investing in such a volatile market could be a recipe for disaster. With this in mind, set yourself some rules to follow.
If you need some ideas when thinking about what might suit your TRON investing goals, see below.
Dollar-Cost Averaging
One of the most basic ways you can avoid the stress of timing the digital currency markets is to buy TRON using the slow and steady ‘dollar cost averaging’ strategy.
Let’s give you an idea of how this might look. Imagine you want to buy $500 worth of TRON per calendar month. This strategy would see you splitting that amount into smaller chunks and making TRX coin purchases multiple times throughout the month. This might, for instance, see you invest $125 per week.
Don’t forget, eToro makes this strategy super easy to implement as you can invest from $25 in TRON without paying any commission.
Buy the Dip
You might have read the term ‘buy the dip’ when researching how to buy TRON. The cryptocurrency markets are notoriously volatile. For newbies, this means that digital currencies experience heaps of short-term price spikes – in either direction. This strategy is used to take advantage of those very fluctuations.
See an example of how you might buy the dip when investing in TRON:
- Let’s say TRON has just seen a dramatic price drop of 14%
- Investor sentiment indicators show this will be short-lived
- You place a buy order whilst TRON is undervalued
- This is how you buy the dip
The goal is to make various purchases at that price and sell later if and when TRON eventually recovers. As you can see, you can easily use buying the dip in tandem with the dollar-cost averaging strategy mentioned above.
Diversify
Although you probably want to focus on learning how to buy TRON right now, it’s a wise idea to diversify. For instance, if you add some commodities to your portfolio, such as gold or oil – you have other markets to fall back on if TRON is underperforming. Alternatives include indices and stocks.
TRON Trading Signals
We’ve touched on technical analysis more than once, as it’s an essential part of understanding price trend history and current investor sentiment. Not only that, but it’s virtually impossible to spot profitable opportunities without it.
This skill can take years to master, which is why many people turn to crypto signals. This simply saves you researching TRON yourself. Instead, you will be sent signals based on expert market analysis. Here at Learn 2 Trade we send thorough signals to our Telegram group – based on hours of technical analysis.
Crypto signal options include 3 free signals per week, or a premium account offering 3-5 signals per day (5 days per week). Either way, we always include order details such as the crypto pair, long or short, and limit, take-profit and stop-loss values. Furthermore, the premium account comes with a 30-day money-back guarantee!
How to Buy TRON Online – Full Walkthrough
For those that are fresh on the cryptocurrency scene, we have included a 4-step walkthrough of how to buy TRON via commission-free broker Capital.com!
Step 1: Sign Up With a TRON Broker
Once you’ve arrived at Capital.com platform you will see a ‘Create account’ button. Click this, read through the terms and conditions and enter some basic information.
It’s important to think of a memorable password that no one can guess. When you are happy, you can press ‘Create Account’ to get the ball rolling and buy TRON.
Step 2: Upload Some Identification
Check your email and click the link to complete the setting up of your Capital.com account. We mentioned KYC earlier, as this goes hand in hand with regulation. To you as an investor, this means the online broker must confirm that you are who you say you are.
For this, you can send a clear photo or scan of your passport or government-issued ID. To prevent money laundering, you will also need to upload a recent bank statement (or utility bill) featuring your name and address, and dated within the last 3 months.
Step 3: Deposit Funds Into Your Account
To deposit some money into your account to buy TRON, simply click ‘Deposit Funds’ on the main page at Capital.com. Accepted payment methods include bank transfer, PayPal, Skrill, Neteller, Mastercard, Visa, and more.
Enter the amount you wish you deposit and check the information before confirming. Capital.com will add the funds to your account instantly so that you can buy TRON without delay.
Note: If you decide to do this via bank transfer, you may have to wait a couple of days for the funds to arrive.
Step 4: Buy TRON
Finding TRON at Capital.com couldn’t be easier. You can either type it into the search bar on the main page, or click ‘Trade Markets’ and check under ‘Crypto’.
You can invest in TRON from a minimum of $25 at Capital.com – crucially, without being charged a cent in commission.
Conclusion
As we have covered extensively, the cryptocurrency markets experience severe price swings – so it’s important to have a plan. When learning how to buy TRON online, it’s also crucial that you only trust a regulated broker.
This guide found Capital.com to be the best all-rounder. You can adopt various strategies at this platform with ease, such as portfolio diversification and dollar-cost averaging.
The broker operates under the FCA, ASIC, CySEC, and, NBRB, you can access heaps of diverse markets. If that’s not enough, you can invest in TRON from a minimum of just $25 without paying commission. When it comes to storing your investment, you can keep it safely at Capital.com at no extra cost
8cap - Buy and Invest in Assets
- Minimum deposit of just 250 USD to get lifetime access to all the VIP channels
- Buy over 2,400 stocks at 0% commission
- Trade thousands of CFDs
- Deposit funds with a debit/credit card, Paypal, or bank transfer
- Perfect for newbie traders and heavily regulated