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How to Buy Tron (TRX) Using Trust Wallet: A Visual Guide

Published on: Dec 13, 2023Updated on: Jan 4, 2024
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In Brief

Learn how to buy Tron (TRX) using Trust Wallet with our step-by-step visual guide. Also discover the utility of Tron, as well as how to buy TRX using Trust Wallet.

How to Buy Tron (TRX) Using Trust Wallet: A Visual Guide

If you're curious about how to buy crypto assets like Tron (TRX) in a straightforward manner, you've landed on the right page. In this guide, we'll walk you through purchasing Tron using Trust Wallet, a highly secure, self-custody crypto wallet and Web3 gateway trusted by millions.

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What is Trust Wallet?

Trusted by over 70 million users worldwide, Trust Wallet is more than just a simple-to-use crypto wallet—it's your open gateway to the Web3 world. Built on our core values of financial freedom, strong security, and user-friendly design, we're on a mission to build a seamless Web3 hub and open ecosystem for everyone. Buy crypto, swap tokens, stake to earn rewards, and so much more. Whether you're a beginner or an expert, Trust Wallet empowers you to fully own, control, and leverage your digital assets.

With key features like the Trust Wallet Security Scanner and support for 10+ million digital assets across 100+ blockchains, you can explore and access opportunities in Web3 with confidence. Trust Wallet is available as a mobile app on Apple iOS and Android, and also as the Trust Wallet Chrome Extension for desktops.

What is a Tron (TRX)?

Tron (TRX) is a blockchain-based decentralized platform, primarily focused on establishing a global digital content entertainment system with distributed storage technology. It is designed to enable the cost-effective and efficient sharing of digital content directly between creators and consumers, essentially decentralizing the distribution of digital content.

The Tron blockchain stands out for its high throughput, high scalability, and high availability. It uses a unique, democratic system of governance that involves TRX token holders. If you participate in Tron staking, you’re to stake your tokens to participate in the network's governance, including voting on decisions such as network upgrades and electing Super Representatives, who play a critical role in the Tron ecosystem. In return for staking their tokens and participating in network governance, TRX holders can earn rewards, making it an attractive feature for investors and users seeking to gain more from their cryptocurrency holdings.

In the realm of cryptocurrencies, TRX, the native token of the Tron network, serves as the basic unit of accounts on the Tron blockchain. The implementation of the token is multifaceted: it's used to power transactions and applications, perform governance actions, and engage with various decentralized applications (dApps) and services within the Tron ecosystem. The interplay between the Tron blockchain and its native token, TRX, exemplifies the synergy of modern blockchain technology and digital asset management, where both technology and tokenomics work hand in hand to deliver a comprehensive digital experience.

Before You Get Started - Create a Tron (TRX) Wallet

Before we delve into the steps for how to buy Tron via Trust Wallet, you'll first need to set up a wallet if you haven't already. Trust Wallet can be downloaded as a mobile app, or you can install the Trust Wallet Extension for your desktop browser. For this guide, we'll focus on creating a new wallet using the Trust Wallet mobile app.

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Step 1: Get the most updated version of Trust Wallet

Below you’ll see the steps to create a new Tron wallet, but you could just as easily import an existing Web3 wallet to Trust Wallet, if that’s your preference.

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To create a new wallet:

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Step 2: Buy crypto using your Trust Wallet

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Frequently Asked Questions

What are the fees to buy Tron (TRX) using Trust Wallet?

Fees are dynamically determined in real-time by our affiliated fiat gateway partners. We've teamed up with a variety of third-party payment services to offer you a diverse array of convenient choices. Please be aware that the fee schedule may differ depending on the payment method selected and your geographical location.

What payment methods are accepted?

Trust Wallet accommodates multiple payment options, such as credit/debit cards and bank transfers, to name a few. The specific methods available to you are subject to your location and the payment provider you opt for.

What currencies can I use to purchase Tron (TRX)?

Our global partners support over 100 local fiat currencies. This enables a broad range of users to purchase crypto in their native currency.

When I buy Tron (TRX) using Trust Wallet, where is it stored?

When you buy TRX using your Trust Wallet, it’s stored directly in your wallet. There’s no need to transfer your TRX from one address to another or do anything else – the crypto will be stored safely and automatically.

How do I check my Tron (TRX) balance in Trust Wallet?

To check your TRX balance in the Trust Wallet app, simply open the app and view your current balance from the main wallet page.

How do I check the Tron (TRX) price in Trust Wallet?

To check the TRX price in the Trust Wallet app, simply open it and view the price from the main wallet page. Alternatively, you can also search for the TRX asset and tap on the chart symbol to view more detailed information on the TRX price.

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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.

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