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Tron is a platform for creating decentralized applications (aka Dapps) that use the TRX currency. In this short guide, we’ll give you a quick
Tron is a platform for creating decentralized applications (aka Dapps) that use the TRX currency. It’s very similar to Ethereum and EOS, but its founders claim that it is more scalable and cost-effective.
We’ll be focusing on how to buy Tron in this short guide, but if you want to learn more about the platform, we recommend checking out our dedicated Tron Review.
How to Buy Tron
Here’s how to buy Tron:
If Binance doesn’t work out for you, here are some additional buying options:
That’s how to buy Tron in a nutshell. If you want a detailed overview of Tron and the process keep on reading.
1. What Is Tron?
Founded by Justin Sun in 2017, Tron is a platform that allows developers to write decentralized apps. It is very similar to Ethereum and EOS, though its founders claim that it is more scalable and cost-effective than the alternatives.
Tron uses the TRX token to power its platform. A delegated Proof of Stake model is used to decide who can add blocks to the Tron blockchain (i.e. mine TRX). Users can stake part of their funds in order to vote who they want to mine the next block. Unlike Proof of Work that requires a lot of electricity, PoS is much more cost-effective.
If this all sounds too confusing perhaps it’s better to go over our Bitcoin mining video to get more familiar with mining in general.
Tron uses Solidity as its programming language (same as Ethereum), and the move from programming Dapps for Ethereum to Tron is relatively easy.
“Tron is focused on creating an area for content creators, and something that we are rapidly developing. So, we have Ape NFT which is a kind of gallery for content creators who display their work. We work with Craftly, which is the marketplace where this content could be sold. And what’s most exciting is later this month, they’ll be launching a new marketplace for creators to get their creations out in the market- get them viewed, connect with people who want to purchase their work. It’s really exciting” – David Uhryniak
We cover Tron in more detail in our dedicated Tron Review and cover the TRX Ecosystem in our guide to The Best Tron DApps and Projects 2025
2. How to buy TRON (TRX)
Choose a Tron Wallet
TRX used to be an ERC-20 token, which means that it was stored in Ethereum wallets. Today Tron has its own blockchain with dedicated wallets. We have a dedicated article highlighting the Best Tron Wallets if you want to get into which wallet is best for certain types of users, but for this article, here is the TL;DR on Tron wallets we recommend:
Best Wallet
Best Wallet– Best Wallet is a great choice for users wanting to buy Tron from directly within their wallet and not give up custody of their funds to third parties thanks to the in-wallet Decentralized Exchange. Best Wallet is quickly becoming one of the most popular crypto wallets on the market.
Ledger
Ledger is a hardware wallet that allows you to store your TRX securely offline. It’s a multi-currency wallet that’s compatible with over 1000 different assets aside from Tron.
There are currently two main models for the wallet – the Nano S and Nano X. The Nano X is the more advanced model that also offers mobile support through Bluetooth. You can read my Ledger Nano X review here.
Exodus
Exodus is a multi-currency desktop wallet that offers a simple user interface and the ability to change coins from within the wallet (through Shapeshift integration). Exodus is available for Mac, Windows, and Linux. You can read my complete Exodus review here.
TronWallet for mobile
Recommended by Tron Foundation, TronWallet is a mobile wallet available for iOS and Android. The wallet doesn’s completely open-source, doesn’t require any signup or login and is relatively easy to use.
Tron paper wallet
If you want to get serious about security but don’t want to pay for a hardware wallet, you can store your TRX on a paper wallet. This means that the private key for your TRX coins will be printed on a piece of paper that should be kept safe and secret. This website allows you to print your own paper wallet.
You can find a complete list of additional recommended Tron wallets by the Tron foundation here.
Locate your Tron Address
Once you have your wallet you’ll need to get your Tron address. A Tron address is a long string of letters and numbers that starts with a T. Here’s an example:
TYRRb6uWsn11cZEmwaTWk6wDEnNcTT88pD
Buying on a Tron Exchange
Despite TRX’s having a market cap in the billions of dollars, there isn’t a wealth of choices when it comes to reputable exchanges on which to buy it. Right now, the most common TRX
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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