Tron is a network created to improve the digital entertainment industry. This is a huge market, but content creators are the most disadvantaged when allocating funds. Their earnings are orders of magnitude lower than those of intermediaries since content placement is either paid (like on Netflix) or shareware (YouTube). The second scenario involves leveraging subscriber data for corporate monetization.
On the Tron network, posting and any forms of content exchange between users are free for the creator. On the contrary, the content owner receives a reward for posting in the cryptocurrency of the same name.
How to spend Tron outside the network
The TRON coin (TRX) is used for settlements on the network and also as a long-term investment instrument. Analysts believe that it has good potential and this is indirectly confirmed by the current 19th position in the ranking of the largest cryptocurrencies, behind XLM. According to XLM prediction in the foreseeable future, Tron still has a good chance of jumping to a higher level of the rating.
But when it comes to buying anything more essential than entertainment content, TRX has to be exchanged for fiat currency or Bitcoin.
Where to change the Tron
The search for ways to exchange cryptocurrency for cryptocurrency leads either to a classic cryptocurrency exchange or to an instant exchange service. Each type of site has its own characteristics.
To access the technical capabilities of a traditional cryptocurrency exchange, you will need to register an account. The next mandatory step on most trading platforms is account verification. To do this, you will have to provide an identity card in the form of a scan or your photo with a document in your hands. One way or another, another file containing your personal data will appear on the network.
All transactions on exchanges, including deposit and withdrawal of funds, are performed with fees, the amount of which usually depends on the volume of the transaction.
Among the advantages of traditional exchanges, it is worth mentioning the wallet services provided on many large platforms and the ability to exchange cryptocurrencies for fiat currencies. If you plan to try your hand at being a trader, then on traditional platforms everything you need is provided for this.
Fast and secure exchange with LetsExchange
If you already have TRX and your plans do not include going outside the crypto world, then exchanging Tron to BTC can be faster and easier. For this, there are LetsExchange and other quick exchange platforms.
First of all, you don’t need to waste time on registration and verification. You just go to Letsexchange and open the exchange widget. Next, you must fill in the required fields:
- In the upper field, select Tron for sale and indicate the amount of the transaction.
- In the lower field, select Bitcoin in the same way, and the built-in calculator will immediately calculate the amount you will receive.
- Specify the address of the bitcoin wallet.
- Press the button “Exchange”
If you need a receipt with the details of the transaction, you can enter your e-mail in the appropriate field, but this is not required.
The search for current deals, their analysis, comparison by significant parameters is performed automatically. As a result, in a few seconds the system will offer you the best deal. After confirming it, the transaction will be completed and the coins will be credited to your wallet.
A quick exchange is very convenient if you plan to exchange cryptocurrencies for the purpose of further accumulation or use for other practical purposes.