How To Buy TRON Australia – Buy TRON In Under 5 Minutes

Since TRON was developed to provide DeFi that focuses on content delivery, many users and traders are interested in the token. If you’d like to know how to buy and sell TRX, this article can be helpful to you. You’ll get a grasp of anything you might need to know about TRX to get up to speed, including buying, analyzing prices, and other factors that affect the token. By reading this article, you can avoid common mistakes and minimize your risks related to investing in TRON.

Buy Tron at eToro – #1 Broker

How to Buy TRON Australia – Quick Guide to Buying TRON 2021

Want to buy TRON Australia right away? Our top recommended TRON exchange is eToro; here’s how you can pitch in:

1. Open an account with eToro: Head over to the eToro website and click ‘Join Now’ to open an account.
2. Upload ID: Upload and verify your identity with a copy of your passport or driver’s license.
3. Deposit: Fund your trading account by making a deposit using a credit or debit card, bank transfer, or e-wallet.
4. Buy TRON: Search for TRON, click ‘Trade,’ and place your order.

Where to Buy TRON Australia

Now, when you’re familiar with the overall process, we can dive into the specifics of each broker. We recommend you analyze the features of each broker to pick the best one for yourself.

1. eToro – Overall Best Way to Buy TRON Australia

eToro broker offers intuitive interfaces across online platform access and mobile application. Newbies can benefit from sampled graphs and charts, while more experienced investors can rely on advanced trading tools. eToro fosters safe trading with minimal risks; that’s why any user can open a virtual trading account. Experiment and train yourself with a budget of $100,000 to get up to speed. Once you feel confident enough and like the broker, you can top up your account and start growing real capital. Another feature worth mentioning is social trading. You can implement the feature to grow your real money even without real-life experience. The gist of eToro’s CopyTrading is that you can duplicate the deals of veteran traders. The broker sets strict rules for social traders: any social trader must trade long, big & safe enough to meet the requirements. If a trader’s risk profile doesn’t meet requirements, you won’t see him in the CopyTrading list.

One more great feature on the agenda is that you can trade crypto pairing worldwide: say, you want to swap your Bitcoins to TRON tokens. eToro wallet allows trading crypto for crypto all across the globe. To trade crypto, you have to meet a minimum of $25. However, your overall deposit must be higher than $50 to get started. The withdrawal process is free, but you need at least $30 to withdraw your funds.

eToro — TRON Fees

You don’t pay a penny as a commission while trading with eToro. However, you have to pay a tight spread for each position you open. When you buy or sell any crypto, you pay the difference between the buy/sell price. For example, if you’d like to buy TRX, the spread would be 3.5%.

1. Imagine the asking rate per TRON is 0.08 USD; your Initial investment is 80 USD.
2. You open a position: 80 USD / TRX; Assuming the asking rate is $0.08 for each token, you get 80/0.08 = 1000 units.
3. Since eToro doesn’t charge you an overnight fee, there is no need to worry about the time you buy or sell crypto.
4. Total spread you pay = TRON spread fees (3,50%) 0,035 * 0.08 USD * 1000 units = 2,8 USD

Other examples:

You invest in TRON (TRX), In US dollars	You pay the spread, in US dollars
$50	$1.75
$75	$2.63
$100	$3.5
$150	$5.25
$250	$8.75
$375	$13.1
$500	$17.5
$1000	$35

 

Pros

Cons

CFDs come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading. Proceed at your own risk.

2. Capital.com — Best CFD Exchange for TRON Traders

Capital.com is an international broker focusing mainly on CFD trading, including crypto CFD. The broker allows Australian investors to trade major crypto coins/tokens. ADA, DOGE, SHIB, BTC, LTC, XRP — to name a few. You can also Trade TRON for US Dollar. The spread for the TRX/USD floats around 0.00052.

The broker serves 2 million clients worldwide, including accredited services in Australia. With over $20 billion in trading volume, Capital.com offers about 3,000 assets to trade live. Five major trading sectors such Indices, fiat pairs (regular currencies), commodities, stocks/shares, and crypto. Whatever your trading goals are, the broker has a lot to fit your investment style.

Security is another great advantage of the broker. Two of Europe’s largest financial institutions, such as RBS and Raiffeisen, store your funds as securely as possible 24/7. Deloitte is responsible for all accounting audition operations. Capital.com is a significant liquidity pool player, meaning that it supports liquidity for many assets on the market, including some crypto assets.

Capital.com Fees — Reliable TRON Broker in Australia

Capital.com offers one of the tightest spreads on the crypto exchange market. You can enjoy spreads of about 0.00052 for each TRX/USD transaction: no additional or hidden fees for trading TRON. The spread can change depending on the liquidity and quotation of the TRON token.

Even though the broker doesn’t charge you for transactions, you should avoid long transactions to avoid overnight fees. The fee is specific and depends on the market.

Below, you can see other fees Capital.com may or may not charge when you trade TRON:

Type of activity	Fees
Deposit Withdrawal Real-time Quotes Opening/Closing trades Educational material Dynamic charts and indicators	0% Fee
Crypto trading	The spread varies for each trading pair and instrument.
Overnight charge	The overnight fee is based on the leverage provided, not on the entire value of the TRON you buy.

 

Pros

Cons

CFDs come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading. Proceed at your own risk.

3. AvaTrade — Solid MT4 & MT5 Broker to Buy TRON Australia

If you’re looking for a user-friendly platform, AvaTrade leaves no chances to many other Australian crypto exchanges. The broker offers major crypto pairs like BTC, ETH, LTC, etc.

You can trade using one of the following platforms:

• Web Platform / Mobile Platform
• Ava Options
• Ava TradeGo
• MetaTrader 4
• MetaTrader 5
• Automated Trading
• Mac Trading

If you trade with AvaTrade, you can be sure of your funds’ protection. Australia’s ASIC regulator can refund AUD deposits of up to $250.000. Even though ASIC ensures many assets, it’s a pending question whether this protection works for crypto.

Since many governmental structures such as FCA, ASIC, CySEC regulate the broker, AvaTrade is a synonym for reliability. Bright evidence of their reliability is the ever-growing clientele.

AvaTrade Fees — Reliable TRON Broker in Australia

AvaTrade doesn’t charge you with account or withdrawal fees. You also don’t have to pay deposit-related fees. However, if you don’t trade for a while, the broker can charge you for passive trading style — it’s called inactivity fee. If you’re passive for three months, meaning that you didn’t trade any assets, you pay a $50 fee. Another under-the-table penalty can occur if you don’t close your passive account for more than a year. AvaTrade applies a $100 penalty for 12 months of inactivity.

The most common fee you pay to AvaTrade is the difference between Buy and Sell price of an asset you buy. Each time you open a position in some crypto, you pay the spread.

Pros

Cons

CFDs come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading. Proceed at your own risk.

4. Coinbase – Reputable TRON Broker With More Than 35 Million Customers

Coinbase is the most known broker in the US and perhaps the most successful crypto exchange in terms of money-making. The broker is officially listed on NASDAQ – it’s the first crypto exchange to go public on such a large market.

Coinbase started back in 2012 and was one of the first brokers to adopt Bitcoin, Ethereum, and other major crypto coins/tokens. Protection and reliability are the best features Coinbase has to offer. It’s essential since you want to trade such unregulated assets as crypto. The broker claims that nearly 100% of all crypto assets they work with are held in cold storage. No one except you can access your funds. Even though you have an option of a built-in Coinbase cold wallet, you can also store your funds on any crypto wallet you like. Security contribution doesn’t stop there: you must pass two-factor authentication (2FA) to enter your account. Other entry options include fingerprint access and private keys’ AES-256 encryption.

All your money is safe & sound since FDIC protection works for the capitals smaller than $250,000. However, you should note that this protection doesn’t cover crypto per se. You can rely on insurance as long as you trade more traditional assets such as commodities, stocks, ETFs, etc. All of the above means that you should trade crypto smartly unless you want to put your capital, savings at risk.

Coinbase — Buy TRON Australia Flat Fees

Overall Transaction Amount	Transaction Fee
$10 or less	$0.99
More than $10, less than or equal to $25	$1.49
More than $25, less than or equal to $50	$1.99
More than $50, less than or equal to $200	$2.99

 

Coinbase Pro Fees 

Coinbase Pro fees depend on the trading volume: the more you trade, the less your fees.

Pricing Tier	Taker Fee	Maker Fee
Less than $10K	0.50%	0.50%
$10K to $50K	0.35%	0.35%
$50K to $100K	0.25%	0.15%
$100K to $1M	0.20%	0.10%
$1M to $10M	0.18%	0.08%
$10M to $50M	0.15%	0.05%
$50M to $100M	0.10%	0.00%

 

Pros

Cons

CFDs come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading. Proceed at your own risk.

5. Binance – Largest TRON Exchange That Supports Australia Debit/Credit Cards

To begin with the commercially successful ICO in 2017, which garnered more than $15 million right from the start, Binance still boasts the largest trade volume throughout the crypto market. Speaking millions, the broker also attracted many customers and partners to operate more effectively than other exchanges. You can barely find a more convenient platform with an abundance of conjucate services. Whether you’re getting started with crypto or stick to a monitor trading all day long, you can still find suitable tools, charts, and graphs to benefit the most. However, some on-site interfaces are not always user-friendly.

On the flip, Binance offers many crypto assets other brokers don’t. For example, on top of major-known coins like BTC, ETH, LTC, you can trade middle-named coins/tokens such SafeMoon, TRX, Shiba Inu. Even some less-known coins are available on the platform. To buy/sell, stake, and swap digital assets, you have to top-up your account with a reasonable deposit of just $15 and verify your account. Once you confirm your account, you can buy some BNB (locally-created coin) to support the brokers. As a gesture of gratitude, the broker will make your commissions more favorable. The more BNB you have, the fewer trade-related commissions you pay. Potentially, you can trade crypto without commissions at all.

Binance Fees — Largest TRON Broker 

Binance’s fees and commissions are among the lowest on the market. The broker charges you only 0.1% on each slide, meaning you pay 0.2% per transaction. Instant Buy/Sell fee floats at the level of 0.5% per transaction.

However, if you’d like to pay with an Australian credit/debit card, the spot trading fee soars as high as 2% per transaction. If you prefer a pro-active trading style such as scalping, avoid paying with credit cards. Binance targets long-term value investors by fostering via reduced fees. You can see special terms for investors listed below.

30d Trade Volume (USD)	Maker / Taker Fees	Maker / Taker Fees if you hold BNB
< 50,000 USD	0.1000% / 0.1000%	0.0750% / 0.0750%
≥ 50,000 USD	0.0900% / 0.0900%	0.0675% / 0.0675%
≥ 100,000 USD	0.0800% / 0.0900%	0.0600% / 0.0675%
≥ 500,000 USD	0.0700% / 0.0800%	0.0525% / 0.0600%
≥ 1,000,000 USD	0.0500% / 0.0700%	0.0375% / 0.0525%
≥ 5,000,000 USD	0.0400% / 0.0600%	0.0300% / 0.0450%

 

Pros

Cons

CFDs come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading. Proceed at your own risk.

Why Buy TRON Australia?

At this stage, you may not be sure about the token. Let’s shed some light so that you can feel comfortable about TRON’s strengths.

Substantial increase in Total Value Locked in TRON DeFi

According to Trading Education, TRON DeFi locked around $6.2 billion in March 2021. A month later, in April 2021, the number increased to $13.3 billion. May 2021 showed an astonishing $14.2 billion of value locked in TRON DeFi.

Some later research, such as DeFi Pulse, reveals that almost $65 billion is locked in DeFi-related TRON projects. What does that mean? 22% of the TRON value is involved with decentralized projects. Some other cryptos such as ETH, ADA, EOS, DOT, and NEO also contribute liquidity to the DeFi market.

Due to the increased number of DeFi applications, the number of active TRON users also soared. Namely, users send, receive, buy/sell, and hold TRX. Such popularity of DeFi projects can drag TRON along to break into the top cryptos once again. The Economy Forecast Agency, also known as Long Forecast, has supported the theory. According to crypto experts, TRON can hit the $0.13 mark before the end of 2021.

Powerful Partnerships

Many people think of crypto as a technology. Of course, it is a future-cutting, brand new technology. However, crypto also has a business side. Most of the time, the business side overweights any other aspect related to a project. In this regard, TRON has much backing on its side.

At the moment, nearly 2.2 million merchants have access to the TRON Foundation’s partnership with CoinPayments. The number of supporters can soar as a result of several recent integrations. Hence, TRX price may experience all-time highs.

An example of successful collaboration would be a partnership with Samsung. You may wonder how Samsung helped TRON’s price? Shortly, the company has nearly 400 million clientele to scour the Galaxy Store, downloading the apps, and making payments. The connection leads us to the TRON-based DApps.

Other collaborations include Opera WebBrowser, a blockchain game production platform company MixMarvel, and a blockchain-based casino Playza.

Popular DApps

Decentralized apps (DApps) affect crypto prices drastically. For example, a DApp called JustSwap had a 69 million trading volume within 24 hours. Another DeFi lending platform JustLend had a mind-blowing volume of $25 million within the same 24-hour window. Not to mention other DApps such as TRONcase, WINK, TRONTrade, Poloni Dex, and still evolving Golden Eggs.

According to Previsioni crypto experts, TRX may fetch a price of $0.13 in mid-fall, rising to $0.23 by the end of 2021, mainly due to DApps presence and their long-term scratching effect.

TRON Solves Real Problems

Many cryptos don’t solve any real-life problems. TRON token is an exception: it brings value, reducing transaction fees for its users worldwide. Another great feature TRON’s users get is increased security. If you’re afraid of data leakage or a slight hint of manipulation, you have many supporters globally. That’s the power behind the TRX.

On top of that, TRON fixes the problems related to geo-restrictions. Particularly those connected to online and streaming platforms. Decentralization allows many users to access any platform from any part of the world—no worries about privacy, censorship, or geographical limitations.

Official Regulations

Since many economies tend to adapt to the crypto future, regulations get tougher over time. Needless to say that such a global and complicated matter spares no formalities, efforts, and conscious pains. Once known, ‘wild cowboy’ currencies have become more formal, surrounded by laws and regulations. Governments around the globe ground major cryptos, with the lesser-known digital world to follow soon. Such regulatory tides leave crypto fewer chances to weather the storm on the market. Less volatile cryptos can potentially allure institutional investors, so-called wolves of the wall street, raising the market cap much higher than it is now.

Risks of Buying TRON

Let’s consider the main risks you can face while trading the TRON token.

TRON Is Associated With Bitcoin

Many cryptos tail the Bitcoin’s price trail. When someone (Elon Musk, for example) tweets about Bitcoin or any other crypto, it has a delayed effect on other cryptos.

Other events also affect TRX pricing dramatically. For instance, when China announced restrictions related to BTC, the TRON token plummeted to ground zero to refresh the all-time lows. Social media such as Facebook, Instagram, and Reddit add up the pressure from the other side, more frequently chiming in against TRX on every occasion, rather than to support the token.

Ethereum’s Rival

Ethereum paves the way and creates trends for the rest of the projects in the industry. It creates new opportunities and therefore gets the opportunity to skim off most of the cream by dominating the market. Along with the fact that open-source blockchain has an undeniable superiority, Ethereum is constantly developing and introducing new convenient innovations for users.

Other projects follow the trade, more or less, including TRON tokens. For example, in May 2021, Ethereum succumbed to the market’s pressure and fell to a low of $1,952. It took less than 24 hours for other DeFi projects to plummet their bottom prices. TRON might not scrap the bottom but experienced almost unnoticeable growth. Analyzing ETH price history and comparing it with TRON, you would notice that they are connected much more than one could expect.  As an intermediate result of 2021, the price gap between ETH and minor DeFi projects just increased one more time.

Despite Ethereum’s high gas prices, It still dominates the market. The reason? Many investors, traders, and merchants prefer stability over local price spikes and free falls. That’s why Ethereum rules over other DeFi projects. Tron has to offer something market-breaking to turn the tables around.

Other Decentralized Finance Projects

TRON shares the market with similar DeFi projects as Cardano, EOS, NEO, and Polkadot. The introduction of the ALONZO and PLUTUS milestones by Cardano recently is one of the most sensitive news to strike the whole DeFi industry.

Cardano (ADA) stated that the new ERC20 converter would allow Ethereum tokens to function on its blockchain, using the proof-of-stake (POS) algorithm. Several crypto aficionados believe that Cardano might be the answer to the environmental concerns raised by the proof-of-work mechanism used by BTC and ETH’s initial version.

Users of ERC20 tokens will be able to migrate their apps to Cardano’s network once the Alonzo hard fork and Plutus smart contracts are live. As Adam McCarthy pointed out in a Bein Crypto post, “by facilitating the movement of ERC20 to Cardano, they are now able to compete with Ethereum.”

Suppose additional developers opt to migrate their decentralized apps to Cardano, together with the forthcoming DApps that will operate on Cardano’s Network. In that case, ADA may become the next $100, $200, or $300 billion coins in terms of market value.

This does not speak well for TRON’s future. Justin Sun, the founder, must burn a significant portion of the more than 100 billion TRXs at his disposal. The Great Hackathon Program may potentially produce creative apps that will compete with Ethereum, EOS.io, and Cardano in the future. Without these, TRX may fetch a lower price than it is now trading for, resulting in massive losses for investors.

How to Buy TRON in Australia – eToro Guide

Buying TRON in 2021 is easy and only takes four basic steps. If you want to invest in TRON, follow our four-step instructions.

Step 1: Sign Up

To get started with the TRON token, you need a minimum deposit of 50 dollars. However, once you fund up your account, you can trade TRX starting from $25. Let’s have a look at the account opening procedure.

To continue your registration, you should fill the welcome form. Once you fill the form, the next step is identity verification. Since eToro is an official and regulated broker, the law requires the broker to know the customers (KYC protocol). You can upload a copy of your bill, ID card, or driving license. Any official document works to identify yourself.

Buy TRON with 0% Commission Now >

Step 2: Verify Your Account & Upload Your ID

Use your ID and proof of address to pass through verification successfully. Note that you can leave the verification process to another time. Prove your identity whenever you feel like it.

Step 3: Deposit Funds

To top up your account, you can use any of the available methods. Follow the four-step procedure to complete the stage.

1. Enter your eToro account.
2. Choose the ‘Deposit to account option.
3. Enter the amount you want to invest. ($50 for cards, $500 for wire transfer).
4. Select any available payment method.

Step 4: Search for TRON & Buy

Now you can utilize the search bar to buy TRON. Type either TRON or TRX ticker to find the coin on eToro. Then click on the ‘TRADE’ button.

As soon as you see the order form, you can start your TRON deal. Make sure your stake is higher than a required minimum of $25.

If you proceed further, you can see how many TRX tokens you get, the overall equity, and exposure. In our experimental case, you get 914.29 tokens for $80 invested.

You might see one of the two buttons, depending on the time you want to trade-in. Set Order and Open Trade buttons can appear if the market is closed or opened at the moment, respectively. In our example, the market is open; hence, the Open Trade button. If the market is closed at the moment, you set the order. The exchange will execute your order once the market is awake. To check on your assets, you can click on the ‘Portfolio’ tab in the left part of the screen.

TRON Price Analysis: Should I Buy TRON?

TRON is a decentralized blockchain-based protocol that aims to create a worldwide entertainment system with free content through distributed storage technology. The ecosystem allows users to publish, store, or own data freely; it uses “TRONix” (TRX). It also provides tools to create decentralized DApps that can be offered directly to users.

TRON is worth $0.08896 and has a 24-hour trading volume of $1,258,169,314. Over the past 24 hours, the price of TRON cryptocurrency has risen 2.6%, while trading volume enjoys soaring by 29.74%. With the maximum supply of nearly 100 billion tokens, TRX still has about 71 billion tokens in active circulation.

Not long ago, Chatex added native support for USDT based on the TRON blockchain technology. Needless to say that it helps the token’s quotations on the market. Now, users can withdraw their money with lowered fees. For example, the commission based on TRX is 30 times lower than older versions of the Ethereum chain. Tether network (USDT) issued nearly 30 billion USDT on TRON.

“Fast and cheap transactions have made TRON the leader among the blockchains of the largest stackablecoin in the market,”

-said the Chatex team

According to Coindesk, the TRON Foundation is launching the TRON Arcade, which can consume large investments. The GameFi department plans roughly $300 million to invest in the project. Such an event can affect the token’s price steadily.

TRON Price Prediction

To understand whether the coin is a dead-end asset or a potentially good investment, let’s have a deeper look at the TRON’s price predictions.

Short Term TRON Prediction: 2021-2022

Month	Open	Low-High     ($)	Close	Mo,%	Total,%
2021
Sep	$0.094	$0.079-0.126	$0.100	6.4%	56.3%
Oct	$0.100	$0.087-0.101	$0.094	-6.0%	46.9%
Nov	$0.094	$0.077-0.094	$0.083	-11.7%	29.7%
Dec	$0.083	$0.065-0.083	$0.070	-15.7%	9.4%
2022
Jan	$0.070	$0.070-0.087	$0.081	15.7%	26.6%
Feb	$0.081	$0.081-0.101	$0.094	16.0%	46.9%
Mar	$0.094	$0.094-0.117	$0.109	16.0%	70.3%
Apr	$0.109	$0.109-0.135	$0.126	15.6%	96.9%
May	$0.126	$0.099-0.126	$0.106	-15.9%	65.6%
Jun	$0.106	$0.106-0.132	$0.123	16.0%	92.2%
Jul	$0.123	$0.113-0.129	$0.121	-1.6%	89.1%
Aug	$0.121	$0.101-0.121	$0.109	-9.9%	70.3%
Sep	$0.109	$0.109-0.135	$0.126	15.6%	96.9%
Oct	$0.126	$0.126-0.156	$0.146	15.9%	128%
Nov	$0.146	$0.140-0.162	$0.151	3.4%	136%
Dec	$0.151	$0.146-0.168	$0.157	4.0%	145%

*According to Longforecast.com

Long Term TRON Prediction: 2023-2030

Year	Mid-Year	Year-End	Tod/End,%
2022	$0.1038	$0.1349	+53%
2023	$0.1653	$0.1718	+95%
2024	$0.1516	$0.1711	+94%
2025	$0.1843	$0.1700	+93%
2026	$0.1853	$0.2004	+127%
2027	$0.2154	$0.2303	+161%
2028	$0.2451	$0.2429	+176%
2029	$0.2566	$0.2669	+203%
2030	$0.2802	$0.2935	+233%
2031	$0.3067	$0.3198	+263%
2032	$0.3329	$0.3459	+293%
2033	$0.3589	$0.3718	+322%

*According to Coinpriceforecast.com

Selling TRON: A Quick Overview

If you don’t buy coins to amuse your ego, you might want to sell them one day. When this day comes, and you want to make a profit on the deal, you need a quick and easy solution to sell them in a blink of an eye. eToro meets you halfway in this regard: a couple of clicks separate you from your potential profits.

Imagine you bought TRON tokens worth $80, each token cost you $0.08. You’ve used an Australian debit card to purchase TRX.

• Once you buy your tokens, eToro safeguards them as long as needed until you want to sell them.
• When the x-day has come, let’s say TRX quotations have doubled in a month. You see that tokens you bought for $80 now worth $160. Naturally, you might want to lock in profits lying on the surface.
• To benefit from the deal, you must enter your eToro account and follow up on the ‘Portfolio’ section.
• Click red X next to your TRX position to sell the assets.
• A few minutes later, you’ll be able to withdraw your money. Please make sure the amount is higher than $30, as it’s a minimum to withdraw from an eToro account.

Conclusion – Buy TRON Australia

Even though the market is difficult and almost impossible to predict, many experts prepare for a short or medium rally for the TRON token. However, you should always keep in mind that investing in crypto is associated with high risks. No matter what experts say: regardless of their opinion, you should carry out detached due diligence. Analyze your risk management strategy before adding TRON to your portfolio. You can establish your risks using eToro school and other educational materials available on the website. Alternatively, you can minimize your risks by following seasoned traders on eToro’s CopyTrading. Trade TRX and other crypto, stocks, etc., with up to 83.7% yearly profit even today.

eToro.com – Best Platform to Buy TRON in Australia

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