Tron 101

What is Tron?

Before investing in tron, it’s important to understand it. That’s why we’ve created this plain-speaking guide to inform you on whether tron is a sound investment choice. This guide lays out the basics: What Tron is and the various ways you can use it.

Make better choices with tron.

Course Overview

What is Tron

What is Tron?

1a – What is Tron? Tron is the cryptocurrency supported by the Tron blockchain, on which the entire history of transactions are publicly recorded. Tron is self-described as a new, ‘decentralised web’. Similarly to Ethereum (the second largest cryptocurrency after bitcoin), Tron is a blockchain network that extends more than just being &#821...

How tron works

How does Tron work?

2a – How is tron transferred? Imagine sending someone (e.g. your friend Nicole) an email that reads ‘1 tron’. You would: Log into your email account Enter Nicole’s email address Type ‘1 tron’ into the body of the email Hit send Nicole would receive a message reading ‘1 tron’ A tron transfer works in a similar w...

How to buy and store tron

How to buy and store Tron

3a – How do I buy tron? If you are looking to buy tron using the money in your bank account, the best and easiest option is to use a brokerage. A tron brokerage is essentially an online bureau de change for tron. Brokerage platforms sell tron at a fixed price, depending on the time and date of the transaction. Just like when exchanging pounds for euros...

Ways tron can be used

How to use and spend Tron

4a – What is tron used for? Tron cryptocurrency tokens can be used for almost anything for which you’d usually use ‘regular’ currency for. To give examples, Australians today can pay their household bills using tron, you can exchange your tron tokens for faster download speed privileges on BitTorrrent, and send remittance payments usi...

About the author

Avatar
Harry Atkins
Harry joined us in 2019 to lead our Editorial Team. Drawing on more than a decade writing, editing and managing high-profile content for blue chip companies, Harry’s considerable experience in the finance sector encompasses work for high street and investment banks, insurance companies and trading platforms.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.