In this article, I will teach you the best way to buy Tron from coin base, which I have learned from my experience with tech and found to be the most efficient.
To begin with, Coin Base does not support Tron, but there are alternatives you can use when making this kind of purchase.
How to Buy Tron From Coin Base
This is one of the things that previously troubled me anytime I wanted to purchase some Trons from my coin base account.
Before trying Binance I had tried various processes available on the internet but ended up losing most of my money in transaction fees.
The best way, which I came up with when making this kind of transaction, is through Binance since it is faster and offers the most efficient crypto to crypto exchange.
Coin base may not offer Tron, but it provides Bitcoin and Ethereum options, also available in Binance.
Step 1: Acquiring Bitcoins through Coin Base
Sign in to your coin base account and deposit the correct amount of fiat currency you wish to buy the Tron with.
Once you have deposited the money, click the sell or buy button to acquire your Bitcoins or Ethereum if you wish to.
Both currencies can easily and effectively be used in the transaction process.
If you are not sure of the correct amount of money needed to buy the Tron, you can do a mock sale on Binance to clear your doubts.
Step 2: Create an Account with Binance
Creating an account on Binance is a straightforward process. Below is an example of how to create an account using your mobile number.
- Goggle” Binance.com”and then click register
- Complete the security verification buy entering the 6-digit code sent to your phone.
Other options for signing up include using your email account or even using the Binance app, readily available on the play store app.
When signing up using your email account, ensure that you have verified the account by clicking on the link sent to your email address.
When done creating the account, select funds, then click on deposits and withdrawals. Scroll down to Bitcoins or Ethereum and click on the corresponding deposit button.
Step 3: Funds Importation and Buying Tron
Using your coin base account, click on transfer funds and enter the recipient Binance address. Confirm the details before sending the money.
You should ensure that you entered the correct and exact address since a single error will send your money to the wrong account.
Binance will approve the deposit within an hour or less, and once the crypto balance is in your Binance account, you can proceed with the exchange and select the Bitcoin and Tron pairing.
After selecting the pairing, you can now buy as many Trons as you wish by selecting the amount you want to buy.
However, you should ensure it matches the crypto balance available in your account.
How to Buy Tron with Coin Base
As noted above, Coin Base does not support Tron; hence buying Tron from the platform requires using a medium such as Binance.
Coin base has the advantage of offering both Bitcoin and Ethereum, which are also available on Binance.
After creating an account on Binance, you can easily change the cryptocurrency you had just sent from Coin Base into the desired amount of Trans.