In this guide
- 1. Compare the 7 best Tron exchanges & apps in 2024
- 2. Best Tron brokers overall for 2024
- 3. What are the best Tron trading platforms?
- 4. Top 7 Tron exchanges & apps, reviewed
- 5. What is a Tron exchange?
- 6. The best Tron trading platforms for beginners, traders, and long-term buyers
- 7. What should I look for in an online trading platform?
- 8. Quick answers to key questions
- 9. Should I use brokers to buy and sell Tron?
- 10. FAQs
Compare the 7 best Tron exchanges & apps in 2024
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Best Tron brokers overall for 2024
Copy link to sectionWhat are the best Tron trading platforms?
Copy link to sectionIf you just want to pick a broker and get started with Tron, then the options below are the best of the best. Our team has been through all the leading Tron trading platforms and pulled the best ones into this easy-to-understand comparison table. If you want to learn more first about how to choose between them, scroll down to keep reading.
We found 15 crypto platforms for users based in
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
Cryptocurrency is not regulated by the UK Financial Conduct Authority and is not subject to protection under the UK Financial Services Compensation Scheme or within the scope of jurisdiction of the UK Financial Ombudsman Service. Investing in cryptocurrency comes with risk and cryptocurrency may gain in value, or lose some or all value. Capital gains tax may be applicable to profits from cryptocurrency sales.
Top 7 Tron exchanges & apps, reviewed
Copy link to sectionWe found 15 crypto platforms for users based in
1. Kraken: Best for simple, global cryptocurrency trading from your phone
Copy link to section
0.10% - 0.26% (volume dependent)
Fees
$1
Minimum deposit
90
No. assets
Yes
Demo/virtual account
Pros & Cons
Overview
We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around.
With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available.
Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go.
The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.
Highlights
| Features | Kraken summary |
|---|---|
| No. of tradable assets | 200+ |
| Min. Deposit | £10 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Cryptocurrencies, NFTs |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FSA, AUSTRAC, FCA, MiFID II, FinCEN, FINTRAC |
| View more > | Kraken > |
2. Uphold. Best for building long term wealth
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$0.99
Fees
$10
Minimum deposit
300
No. assets
Yes
Demo/virtual account
Pros & Cons
Overview
We love Uphold because it’s a regulated and transparent digital asset platform. Uphold is an excellent platform for discovering important new tokens early, making it ideal for investors looking to get in on the ground floor of emerging cryptocurrencies.
Uphold offers a broad selection of coins, with over 250 tokens available catering to both seasoned and novice crypto traders. The platform regularly adds new assets allowing users to invest in promising projects before they gain mainstream attention.
Uphold isn’t just a platform for investing early. One of the main advantages of using Uphold is its transparent and competitive fee structure. The platform does not charge for deposits or withdrawals, and trading fees are clearly stated. You can also trade between different asset classes including fiat currencies.
The fees: Crypto spreads start from 0.9% and are usually lower than 1.3% for BTC and ETH. Other cryptocurrency spreads are higher. Average spreads on fiat currency are 0.2%. There is a $0.99 fee for transactions under $100 made with the Uphold card.
Highlights
| Features | summary |
|---|---|
| No. of tradable assets | 250+ |
| Min. Deposit | $1 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Cryptocurrencies, Commodities, Currencies |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FSA, FinCEN |
| View more > | > |
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
3. Coinbase. Best secure trading platform for all types of trader
Copy link to section
Up to 0.6%
Fees
$2
Minimum deposit
4
No. assets
No
Demo/virtual account
Pros & Cons
Overview
We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.
Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure.
A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000
The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.
Highlights
| Features | Coinbase summary |
|---|---|
| No. of tradable assets | 150+ |
| Min. Deposit | $10 |
| ID verification required | Yes |
| Free demo account | No |
| Supported assets | Cryptocurrencies, NFTs |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FSA, FCA, NFA |
| View more > | Coinbase > |
4. KuCoin. Best social trading altcoin exchange
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...
Fees
...
Minimum deposit
1
No. assets
No
Demo/virtual account
Pros & Cons
Overview
We love KuCoin because it’s a great place for beginners to trade more than 700 altcoins. Kucoin offers a vast range of cryptocurrencies including all the big names like Bitcoin and Ethereum, together with hundreds of altcoins and newly released tokens.
The exchange gives you multiple ways to trade and invest in crypto, including spot trading, futures trading, margin trading, and staking. This choice allows you to choose the method that best suits your trading strategies and risk tolerance.
Kucoin is a top platform for both beginners and experienced traders. Its intuitive interface is easy to get to grips with and its advanced trading features mean even high volume traders can make use of it. Kucoin also offers an earn feature, where you can generate passive income through staking and lending, making it one of the best all round crypto exchanges.
The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.
Highlights
| Features | KuCoin summary |
|---|---|
| No. of tradable assets | |
| Min. Deposit | |
| ID verification required | No |
| Free demo account | No |
| Supported assets | |
| Mobile trading app | No |
| Web trading platform | No |
| Regulatory bodies | |
| View more > | KuCoin > |
5. Paybis. Best crypto platform for choice of payment methods
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Variable
Fees
$5
Minimum deposit
90
No. assets
No
Demo/virtual account
Pros & Cons
Overview
We love Paybis because it is one of the simplest crypto platforms to use, making it ideal for both beginners and experienced traders. The intuitive interface makes the process of buying and selling cryptocurrencies smooth, fast, and hassle-free.
Paybis offers a good selection of coins to buy and sell including popular options like Bitcoin and Ethereum, as well as many altcoins. With such a wide range of tokens, you’ll be able to diversify your portfolio and take advantage of market opportunities very quickly.
One of the best features of Paybis is its selection of payment options. Not only can you buy Bitcoin with a credit or debit card using USD, but you can also choose from several payment apps and digital wallets.
The fees: How much you will pay will depend on the payment option you use. Paybis provides detailed information on the types of fees applied. You can expect competitive rates, with clear outlines of transaction and network fees, before buying or selling.
Highlights
| Features | Paybis summary |
|---|---|
| No. of tradable assets | 90 |
| Min. Deposit | $4 |
| ID verification required | Yes |
| Free demo account | No |
| Supported assets | Cryptocurrencies |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | MAS, FinCEN |
| View more > | Paybis > |
6. Nexo. Best for earning interest & rewards
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...
Fees
...
Minimum deposit
...
No. assets
No
Demo/virtual account
Pros & Cons
Overview
We love Nexo because you earn rewards every time you make a purchase. You can trade 60+ cryptocurrencies and earn rewards of up to 0.5% on every transaction, then store your coins on Nexo to build your wealth through passive interest payments.
You can trade on the go from a mobile app and Nexo is designed for simplicity. Every trade is locked in at the rate you see on your screen, so you won’t suffer from price slippage, and it has the added bonus that any crypto held in your account automatically starts to earn interest.
The fees: Nexo charges a 2% spread on buy and sell transactions. There are no fees for storing coins in your Nexo account. Depending on your loyalty tier, you receive a fixed number of free withdrawals, and any additional withdrawals will be charged a network fee.
Highlights
| Features | Nexo summary |
|---|---|
| No. of tradable assets | |
| Min. Deposit | |
| ID verification required | No |
| Free demo account | No |
| Supported assets | |
| Mobile trading app | No |
| Web trading platform | No |
| Regulatory bodies | |
| View more > | Nexo > |
7. OKX. Best for futures and margin trading
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...
Fees
$50
Minimum deposit
...
No. assets
No
Demo/virtual account
Pros & Cons
Overview
We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools.
From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.
The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.
Highlights
| Features | OKX summary |
|---|---|
| No. of tradable assets | |
| Min. Deposit | |
| ID verification required | No |
| Free demo account | No |
| Supported assets | |
| Mobile trading app | No |
| Web trading platform | No |
| Regulatory bodies | |
| View more > | OKX > |
What is a Tron exchange?
Copy link to sectionA website that acts as a middleman so that you can deposit money and use that to get Tron coins. Generally, they come in two different varieties. Some brokers simply offer Tron at a fixed price, whereas others offer more complex interfaces, with constantly updating prices, that allow you to trade Tron in real-time.
How do exchanges work?
Copy link to sectionOn a basic level, by matching up buyers and sellers. If someone wants Tron at a certain price, the broker will find another user who is willing to sell at that rate and facilitate the transaction. Sometimes it’s the broker itself, and other times it’s another individual using the platform.
The former category of brokers can be thought of as a sort of crypto bureau de change. They advertise fixed rates and let you make trades quickly and easily at that set price. These services typically allow for large transactions (e.g. over £50,000) so are popular for people making significant investments.
Other brokers that function more as open market trading platforms work differently. They allow users to use financial instruments called CFDs (contracts for difference) to trade Tron without having to own the coins or store them in a wallet. Trading with CFDs is popular as it allows for faster transactions and access to techniques such as leveraged trading.
What’s the difference between a broker and an exchange?
Copy link to sectionThe primary difference is that exchanges work on a peer-to-peer basis. This means that exchanges are simply a marketplace with a constantly refreshing order book as people trade Tron between themselves. The activity on exchanges is what drives fluctuations in the price of Tron by facilitating the flow of supply and demand.
With a broker, on the other hand, you’re trading using the platform as a middleman and paying a slight premium for the extra convenience this offers. Cryptocurrency exchanges tend to be more complicated to use than brokers for this reason.
How do I use a Tron broker?
Copy link to sectionAll you have to do is choose your preferred broker and check their Tron price. If you feel it’s reasonable, create an account, link your preferred method of payment, and simple execute the trade at the advertised rate.
If the platform you select also offers CFD trading, you’ll be able to fund your account and navigate to the trading interface on the website. From here you’ll be able to open and close positions quickly as the price fluctuates.
The best Tron trading platforms for beginners, traders, and long-term buyers
Copy link to sectionExactly which platform will be best for you depends on your level of experience and your investment goals. Here is a quick list of the top brokers for each type of investor.
The top broker for beginners
Copy link to sectionIf you’re new to cryptocurrency, it’s best to select a broker that prioritises ease of use. This can mean you pay slightly more for your coins, but it also means it’s much harder to make any costly mistakes.
Cryptocurrency is not regulated by the UK Financial Conduct Authority and is not subject to protection under the UK Financial Services Compensation Scheme or within the scope of jurisdiction of the UK Financial Ombudsman Service. Investing in cryptocurrency comes with risk and cryptocurrency may gain in value, or lose some or all value. Capital gains tax may be applicable to profits from cryptocurrency sales.
The top platform for day-traders
Copy link to sectionFor experienced traders looking to trade Tron CFDs, it’s essential to choose a broker that has a user-friendly trading interface and a track record of reliability for cryptocurrency trading.
The top app for long-term buyers
Copy link to sectionSome investors prefer to look to the long term. If you believe that Tron’s value is going to rise over time then it’s best to hold your coins in a reliable platform.
What should I look for in an online trading platform?
Copy link to sectionThere are a variety of different factors to consider when choosing between the best sites. Some brokers may make the process seamless but charge high fees, whereas others may be more reasonably priced but provide access only to a small range of cryptocurrencies.
Design and ease of use
Copy link to sectionWhen trading TRX, you want the process to be as easy as possible. The best platforms serve as a help rather than a hindrance, so don’t settle for less.
Price
Copy link to sectionIt almost goes without saying (but is still worth reiterating) that if you want to find a platform that will give you a good price. Compare your options to find the best deal.
Payment charges
Copy link to sectionDifferent platforms will support different methods of payment and charge different fees. Check that you can use your preferred payment method (e.g. PayPal or debit card) and that the broker doesn’t charge any high fees for doing so.
Reputation
Copy link to sectionYou want to choose a reliable option that has a strong reputation for customer service. Check out our in-depth reviews and look for other user reviews online before registering.
Variety of coins
Copy link to sectionBrokers will typically offer a range of different cryptocurrencies, but exactly which coins you can trade will depend on the platform you choose. Whether you’re looking for large-cap coins such as Bitcoin and Ethereum, or thinking about investing in DeFi coins such as Yearn Finance, check what cryptos are available before signing up.
Trading options
Copy link to sectionIf you’re looking for a comprehensive trading platform, then you’ll want to ensure it offers the features you’re looking for. This could include leveraged CFD trading or the ability to short sell cryptocurrencies. These techniques are risky, however, and we only recommend experienced traders undertake them.
Quick answers to key questions
Copy link to sectionDo brokers charge commissions or fees for buying Tron?
Copy link to sectionYes, each broker chargers some kind of fees or commissions. However, with most bureau de change-type brokers, these fees are already included in the price displayed on the trading platform.
If you’re using CFDs, there will likely be small commissions charged for each trade. It is important to check the level of these as even small fees can add up when trading frequently.
Do I have to verify my identity with a Tron investment site?
Copy link to sectionYes, in order to register you will need to provide some level of identification. Exactly what you need to provide will depend on the platform, but it’s common to have to provide an image of a photo ID card before you can do anything.
Can I buy multiple cryptocurrencies through a broker?
Copy link to sectionYes, cryptocurrency brokers allow for the trading of multiple coins. Some of the more basic platforms will allow you to trade around 4 or 5 coins, with more comprehensive brokers supporting 100s or even 1000s of different coins.
Do I need a wallet to use a Tron trading platform?
Copy link to sectionNo, not usually. Your coins are usually stored in your account. If you’re planning to hold Tron for the long term then you might want to consider getting a personal wallet to keep your coins secure. Two of the most popular wallets around today are Freewallet and the Ledger Nano S.
Should I use brokers to buy and sell Tron?
Copy link to sectionIt depends on your investment goals. Brokers represent a beginner-friendly way to get started, but this convenience comes with a mark up in price. CFD trading platforms are useful for day traders, but some people prefer the physical ownership of coins you get on an exchange.
Still undecided?
Copy link to sectionIf you’re still not sure which way to go, then take some time to consider the following pros and cons. These, combined with the information below will help you figure out whether a broker is right for you.
Pros
Copy link to section- Brokers are a simple way to get started
- CFD trading allows you to make lots of moves quickly
- Brokers are more user-friendly than cryptocurrency exchanges
- Some allow for leveraged trading
- Generally have good levels of customer service
Cons
Copy link to sectionShould I buy Tron now?
Copy link to sectionThe answer to this question depends on both your trading strategy and opinion on what Tron’s outlook is for the long term. If you believe in the project and think the price of TRX will rise over time, then it’s a good idea to sign up to a broker so that you can hold for the long term.
If your interest is more in becoming a day trader and making frequent trades with Tron as the market fluctuates, then the long term strength of the project is less important than your ability to read charts and spot patterns. To become an effective CFD trader it pays to learn the tricks of technical analysis.
Whichever strategy you choose, it’s always a good idea to keep on top of all the latest news and analysis. Read our most recent features here to figure out if now is the right time to invest in Tron.
Where can I learn more about Tron?
Copy link to sectionYou can learn more about Tron right here on Invezz. Taking our Tron 101 course will familiarise you with the basics of the cryptocurrency and leave you in a better position to assess its value.
FAQs
Copy link to sectionMore of the best crypto rankings
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