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