It’s not possible to buy Tron crypto directly with Naira in Nigeria.
Tron is the 16th largest cryptocurrency in the market as at the time of writing, and it’s has high price fluctuations daily.
Before you go and start buying this coin, you should also be aware of the investment risks that could arise.
If you’re ready to get this crypto into your portfolio, read on for step-by-step instructions on how you can buy Tron safely in Nigeria.
Let’s dive in already!
How to buy TRX in Nigeria
There are many crypto exchanges where you can buy Tron, but Binance seems to be the most trusted platform.
I wrote a detailed review on Binance exchange, to show you everything you need to know about the exchange.
In this tutorial, we will guide you using Binance, so create an account and go through the verification before proceeding with the steps below.
- Go-to Binance crypto website
- Login to your verified account
- Deposit funds into your Binance account
- Buy established coins (e.g. BTC, ETH, LTC etc.)
- Go-to the market section of the website
- Exchange the crypto you bought for Tron.
Once the transaction goes successfully, you will see Tron (TRX) appear in your wallet in the same equivalent.
You cannot buy Tron with bank transfer, because the platform does not allow direct purchase of TRX with transfers.
No. You cannot buy TRX with NGN directly, but you will have to purchase another coin, then use it to buy Tron.
The best app to buy Tron in Nigeria is Binance mobile app, as it has user-friendly UI for accessing its features.
By now, I believe you must’ve learned how to buy any amount of TRX using your Nigerian Naira account.
Like I’ve said earlier, Tron is a volatile crypto asset, so investing it requires that you have thick skin to the market movements.
However, having TRX in your portfolio can also help you in earning some dividends for keeping and staking it in your wallet.
In that regard, I will strongly suggest you get yourself a very secure cryptocurrency wallet that cannot be hacked through the internet.
You can also checkout some of the best hardware wallets in the market, and make your choice based on security features.
I recommend Ledger wallets, because they have some of the latest security features and does not need internet to keep your crypto safe.