How to Buy Tron (TRX) in South Africa
What is Tron (TRX)?
Tron (TRX) is the native cryptocurrency of the Tron blockchain, a decentralised platform launched in 2017. Tron aims to provide a scalable, high-performance blockchain for creating and distributing digital content and decentralised applications (dApps). With its energy-efficient Delegated Proof-of-Stake (DPoS) consensus mechanism, Tron is designed for rapid transactions and low fees.
TRX powers the Tron ecosystem, enabling transactions, staking, and participation in governance decisions. It is also widely used in decentralised finance (DeFi) and gaming applications.
How much is 1 Tron (TRX) in South African rands (ZAR)?
As of today, 1 TRX = 0.000000 South African Rands (ZAR).
Market data last updated: Dec 30, 2024, 11:57 AM (GMT)
How to Buy TRX in South Africa
Purchasing Tron (TRX) with South African rands (ZAR) is simple and secure on VALR, one of the leading global cryptocurrency exchanges. Here’s how you can get started:
Step 1: Log into Your VALR Account
Start by signing into your VALR account through the website or the VALR app on your phone. If you don’t have a VALR account, you can create one here. The verification process is quick and straightforward, taking only a few minutes.
Step 2: Fund Your VALR Account with ZAR
To purchase TRX, you first need to deposit South African rands (ZAR) into your VALR wallet. Here’s how:
EFT Deposit:
Go to your ZAR Wallet and select "Deposit."
Choose the "Via EFT" method.
Select your bank and use the displayed VALR banking details along with your unique VR reference number to transfer Rands to your VALR account. Make sure to use your unique VR reference number as the beneficiary reference when making the transaction.
Credit/Debit Card Deposit:
Select the "Deposit" menu after choosing "Wallet" and "ZAR" on the website or app.
Opt for the "Via Credit or Debit Card" option.
Enter your card details on the next page. Note that only 3D Secure-enabled cards are accepted, with a rolling 24-hour card limit of 10,000 ZAR.
Step 3: Buy TRON (TRX) on VALR
Once your ZAR funds are available in your account, you can now use them to purchase TRX. You can choose between:
1. Simple Buy/Sell:
Navigate to the "Buy/Sell" section on the VALR website or app.
Select "Buy" and choose TRON (TRX) from the list of available cryptocurrencies.
Choose the currency you want to pay with (ZAR, BTC, EURC, USDC, or USDT).
Enter the amount of TRX you want to purchase and follow the prompts to complete the transaction.
2. Pro Trading:
To trade TRX on VALR’s Pro Trading platform, you'll need to first acquire USDT. You can either buy USDT using ZAR on VALR or deposit USDT from an external wallet directly into your VALR wallet.
Once you have USDT, select the "TRX/USDT" Spot trading pair from the "Pro Trading" menu.
Pro Trading allows you to set custom order parameters, such as the type of order (Limit, Market, Stop-Limit), the Limit price, and the time in force.
After providing these details, as well as the amount of TRX to buy, click "Place Buy Order" to complete the transaction.
Ready to get started? Log into VALR or create an account today to buy TRX quickly and securely!
Stake TRX on VALR
Once you've purchased TRX, you also have the option to stake it directly on VALR and earn up to 3% APR. Staking rewards are paid out hourly, and you can stake or unstake at any time, meaning you have immediate access to your funds whenever you need them. Learn more about Crypto Staking here.
Common ZAR to TRX Conversions
| Amount (ZAR) | TRX Amount as of MMM XX, YYYY at HH XM (GMT) |
|---|---|
| 5 | X.XXXXXX |
| 10 | X.XXXXXX |
| 25 | X.XXXXXX |
| 50 | X.XXXXXX |
| 100 | X.XXXXXX |
| 500 | X.XXXXXX |
| 1,000 | X.XXXXXX |
| 5,000 | X.XXXXXX |
| 10,000 | X.XXXXXX |
| 25,000 | X.XXXXXX |
| 50,000 | X.XXXXXX |
Risk Disclosure
Trading or investing in crypto assets is risky and may result in the loss of capital as the value may fluctuate.
VALR (Pty) Ltd is a licensed financial services provider (FSP #53308).
