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What is TRON?

Tron (TRX) is the native token of the TRON blockchain. TRX connects the entire TRON ecosystem, and was designed to facilitate payment, development, storage and credit sharing for digital entertainment platforms. TRON’s main aim is to become a universal currency and exchange host in order to bring all entertainment economies together as a universal link.

  • TRON’s use cases include obtaining energy and bandwidth via freezing a corresponding amount of TRON, as well as its goals to simplify distributed file sharing and driving content creation through financial rewards.
  • TRON claims that its network has the capacity for 2,000 transactions per second, due to this, applications are given a wider variety of ways to be deployed in TRON because of its scalability and effective smart contract.
  • TRON aims to use their peer-to-peer network technology in order to eliminate the middleman and allow content creators and creatives to sell their work directly to the customer.

With a goal to create an ecosystem that is fair to content creators and intuitive for consumers, TRON aims to directly challenge the traditional media industry by creating a universal media platform based on peer-to-peer transactions.

How do I buy TRON?

Sign up to CoinSpot
Register for a CoinSpot account here & verify in minutes.
Deposit & buy
Deposit AUD into your account & enter the amount of AUD you want to trade for TRX and click "Buy".
That’s it!
You now own some TRON! You can click "Go to TRX Wallet" to see your TRON.

Learn more about TRON

Why Should I Trade TRX with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell TRON no matter what your trading experience is. Unlike other international and Australian TRON exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy TRON with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade TRON how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your TRON?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your TRON for free.

Cold Storage

If you are holding TRON as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy TRON. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for TRON. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
TRON has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As TRON is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual TRON exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in TRON & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying TRON safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your TRON portfolio here.
Yes! With CoinSpot you can convert your TRON to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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