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What is TRX?

Tron is a decentralized content distribution platform allowing content creators to connect directly with their audience without any middlemen. Tron was launched in 2017 by Justin Sun, the current CEO of TRON.

The Tron platform aims to support creatives and content creators with its low-cost distribution and high scalability throughput. Apart from its content-sharing platform, the Tron network enables DApps and websites to be built on top of it. Moreover, Tron has its native ecosystem of DApps and DeFi applications such as BitTorrent, WinLink data oracle, and JUST network of DeFi apps, among others.

To incentivize participation in the network, Tron uses a content-rewards distribution mechanism, which essentially rewards creators for their work. The TRX coin is used to power this, along with staking and governance activities.

Tron is highly scalable and can process 10,000 transactions per second. To achieve such scalability, Tron uses a delegated proof-of-stake consensus mechanism. The Tron project is supported by partners such as Samsung, BitTorrent, Poloniex, Swisscom Blockchain, and Opera.

Why buy TRX with OKX?

What can I do after I buy TRX?

As decentralized content distribution platforms go mainstream, we can expect to see Tron onboard more content creators. This will lead to an increased demand for Tron. Therefore, buying Tron can be a good choice if you want exposure to the blockchain’s creator economy. OKX helps you buy Tron quickly and securely. The following are several important uses of Tron for trading enthusiasts and beginners.

HODL Tron as a store of value

If you believe in the Tron project, you might want to store it for the long-term and benefit from its future price potential. You can securely store Tron in your OKX wallet or transfer Tron to your personal wallet by withdrawing it.

Earn high APY on your TRX holdings

You can stake your TRX tokens in our flexible and low-risk staking pools on OKX Earn to start earning interest on your TRX investment. You can also subscribe to our TRX savings pool to grow your TRX balance.

Buy cryptocurrencies with Tron

You can buy major cryptocurrencies like BTC, ETH, USDT, USDC, and 70 other crypto assets using OKX Convert. Navigate to our OKX Convert page and swap cryptocurrencies at zero fees.

Build DApps on Tron

Tron provides a low-cost and scalable smart contract platform to build and deploy your decentralized applications.

How to buy Cryptocurrency and store it safely?

Guide on how to buy TRON (TRX)

Buy TRX with VISA, MasterCard, and ApplePay

Buy TRX with your VISA, MasterCard, or ApplePay credit cards on OKX. Simply enter the amount of TRX you wish to purchase in your preferred currency and complete payment using your desired credit card.

Buy TRX using your bank account

Instantly buy USDT, USDC, BTC, or ETH by sending money from your bank account. Once the transaction is complete, visit our trading terminal and buy TRX with any of our highly liquid TRX pairs.

Buy TRX with spot trading

With OKX, you can easily buy TRX with our USDT, USDC, BTC, or ETH spot trading pairs. Navigate to our OKX trading terminal, select your preferred TRX trading pair, and input the TRX amount you wish to purchase to confirm your TRX purchase.

Swap TRX with OKX Convert

If you hold BTC, OKB, MATIC, SOL, or any of the other 70+ supported assets on OKX Convert, you can easily swap it for TRX at zero costs. Choose "Convert" from the "Trade" menu on our website. In the Convert window, select the cryptocurrencies you wish to swap and input the swap amount to finalize the exchange.

FAQs

Is TRON a coin or a token?
TRON has its own blockchain. That means TRX is a coin. The project initially began with TRON as an Ethereum network token. The migration to the native TRON blockchain was completed in 2018.
What's the difference between TRON and TRX?
TRON is the name of the project and its ecosystem of other projects. TRX is the TRON ecosystem's native currency. It's similar to the difference between Ethereum and ETH or Stellar and XLM.
What is the cheapest way to get TRON?
Trading another cryptocurrency like BTC for TRX will be the cheapest. Other ways include using funds from a bank transfer and buying TRON directly with a credit card.
What are the most popular cryptocurrencies to invest in today?
Top crypto, based on market capitalization or total circulation value, include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and XRP (XRP).
However, like all other crypto, the above are also featured with volatility and risks. You should do your own research (DYOR) and evaluate your risk appetite before investing in any crypto.
What are the top cryptocurrencies I can buy on OKX now?
OKX provides access to hundreds of crypto and trading pairings. Some of the most popular crypto on OKX include BTC, ETH, USDT, DOGE, SOL and OKB. You can visit our brand-new OKX Crypto Calculator. Select a crypto and a fiat currency to check the estimated real-time price.