As of the time of this writing TRON (TRX) gone up 280% in 2018! Barely a week into the year and TRX is one of the hottest cryptocurrency in the market. This alt coin is not all hype though, TRON is a world-leading blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system.. This protocol will now allow each content provider to freely publish, store and own data, decide distribution and subscription on the blockchain without the middle man. Justin Sun the founder of TRX and Peiwo is one of the most notable businessmen in China who has a strong connection with Jack Ma the CEO of Alibaba. It has only been a week into 2018 and TRX has been announcing partnerships with large companies like Game.com, and more from NASDAQ companies in the pipeline. Right now each TRX coin is only trading at $.11, and is projected to reach $5 each (~4500% gains)!!! If any of the rumors are true, expect TRX to reach that bench mark sooner rather than later!
To buy TRON (TRX) you will need to first purchase Bitcoin (BTC) or Ethereum (ETH) on Coinbase and transfer it to Binance (an online cryptocurrency exchange trading hundreds of different coins). It is straight forward to do, just follow the below tutorial! You are on your way in owning a piece of the future!
Why Binance? Because they are the #1 exchange in the world (by volume) and you can start buying it right away without having to send verification documents. You may have to wait up to weeks if you sign up at other exchanges. By then, it might be too late.
You can scroll through this article and we've also provided quick navigation for you. But keep this article open during the process to ensure you are doing everything correctly.
In this tutorial, we are showing how to send your bitcoin from Coinbase to Binance. However, if you have your bitcoin elsewhere, it's the same process. You are sending your bitcoin to Binance in order to get Tron. The user interface is just different on different sites.
***This is important: If this is your first time buying an alt coin, please keep this page open as you go through the steps to buying TRX. Although it is easy, it is always a good idea to follow the exact steps to ensure you are doing everything right***
1. Sign up for a Coinbase account here. If you already have a Coinbase account, skip to step 2.
2. Buy (a fraction of 1) bitcoin from Coinbase. If you already have bitcoin, skip to step 3.
Go to coinbase.com/buy and choose your payment source. If you use a credit card, the fees are extremely expensive. It is better to link your account to Coinbase to buy bitcoin. You don't have to buy one whole bitcoin. You can buy .01 bitcoins if you want.
3. Sign up for Binance by following the image instructions below
After signing up, they will send you an e-mail to confirm. And the best thing about Binance is that you don't have to wait for identity verification to start trading. You get to do it right away after you send your bitcoin there.
a. Go to Deposit Withdrawal on Binance
b. Search for bitcoin on the next row by searching for typing in btc in the search bar. Then hit the deposit button. Then copy the wallet address (#3 in the image below)
4. Now go back to Coinbase to send your bitcoin
Click on Accounts (#1) and then Send (#2) under bitcoin
5.Paste your Binance wallet address into the bitcoin field under Recipient
Double-check your Binance address to make sure that you are sending it to the correct address.
6. Once your bitcoin arrives, you can now trade.
a. Go back to Binance and click on Exchange and go to Basic
b. Type in the TRX in the search field. And then click on TRX/BTC when it appears
That's it! It's that easy. You probably have to wait 2-3 hours for your bitcoin to arrive in Binance. But once it is there, it's ready to go.