How to Buy TRON (TRX) in Canada

A Step-by-Step-Guide on how to buy TRON (TRX) in Canada

Step 1 – Signup to Kraken

You will first need to purchase one of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and getting your welcome BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. TRON (TRX) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've selected the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find (TRX) TRON

Once your deposit has been affirmed, you'll now have access to your funds and you can initiate buying and trading. To buy TRON (TRX) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To find TRON (TRX), you will need to put the shortname of the coin (TRX) into the search-box, which is marked in the graphic. Be certain of having selected the right grouping, we have highlighted this too. Click on “TRX/BTC” to advance.

Step 4 – Buying TRON (TRX)

After you've located TRON (TRX), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). For now we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the recent rate (TRX) TRON was traded for. This can be changed to your favoured price. The “Amount” field is the amount of TRX you like to purchase. The “Total” field is the whole price in BTC that you will pay for the whole quantity of TRX.

When you are glad, click on “Buy TRX”. Your plan will be filled as soon as a Seller trades their TRX for the price you offered.

Step 5 – Withdraw (TRX) TRON

Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time frame. In order to take off your (TRX) TRON, go to the tab called “Funds” and mouse click on “Withdraw”. (TRX) TRON can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (TRX) TRON by using the provided drop-down box. Drop in the quantity of (TRX) TRON you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address.

If you are glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.

Kudos! You have successfully bought and safed TRON (TRX) in Canada.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the TRON (TRX) is safe in your wallet, you are done.