TRON (TRX) is a popular cryptocurrency known for its high throughput and low transaction fees, making it an attractive option for both new and experienced traders. Learn everything you need to know about buying and selling TRX on one of the Philippines' leading cryptocurrency platforms.
What is TRON (TRX)?
TRON is a blockchain-based decentralized platform that aims to build a free, global digital content entertainment system. Its native cryptocurrency, TRX, powers the entire TRON ecosystem and enables fast, low-cost transactions.
Why Choose Coins.ph for Trading TRX?
Coins.ph is a leading cryptocurrency exchange in the Philippines, offering several advantages:
- User-Friendly Interface: The platform is designed for ease of use, making it accessible for beginners.
- Regulated and Secure: Coins.ph is licensed by the Bangko Sentral ng Pilipinas (BSP), ensuring a safe trading environment.
- Instant Transactions: Enjoy quick and reliable conversions between TRX and Philippine Peso (PHP).
- Comprehensive Support: Access a range of resources and customer support to assist you with your transactions.
How to Buy TRX on Coins.ph
Purchasing TRX on Coins.ph is straightforward. Follow these steps:
1. Open Your Coins.ph Account
- Download the Coins.ph app or visit the website.
- Sign up for an account if you haven't already.
2. Navigate to the Buy/Sell Section
- Once logged in, click on the Buy/Sell button located on the Home tab.
3. Select 'Buy'
- Choose the option to buy TRX from the list of available cryptocurrencies.
4. Input Amount
- Enter the amount of PHP you wish to spend or the specific quantity of TRX you want to purchase.
5. Check Conversion Rate
- Review the conversion rate displayed before confirming your transaction to ensure it meets your expectations.
6. Confirm Transaction
- Click Confirm to complete your purchase. Your TRX will be credited to your account instantly.
How to Sell TRX on Coins.ph
Selling your TRX tokens back into PHP is just as easy. Here’s how:
1. Access the Buy/Sell Section
- Log into your Coins.ph account and select the Buy/Sell feature.
2. Select 'Sell'
- Choose the option to sell your TRX tokens from your portfolio.
3. Enter Amount
- Specify how much TRX you want to sell.
4. Review Conversion Rate
- Check the conversion rate before proceeding with the sale.
5. Confirm Sale
- Click Confirm to finalize your transaction, converting your TRX back into PHP instantly.
Conversion Limits for TRX
When trading FANC on Coins.ph, it's essential to be aware of the conversion limits:
Transaction Type |
Minimum Amount (PHP) |
Maximum Amount (PHP) |
TRX/PHP | 100 | 250,000 |