It has been 11 years since the first Bitcoin was mined and the currency still remains the most popular one. And this is despite the fact that there is enormous quantity of them today and the new ones are being created constantly. Everyone has heard of BTC, but a few can explain what it is about. In short, it is digital money. It doesn’t exist in physical form, there is only special registers where the data about how much bitcoins people have and who sends them to whom is collected. These journals are called blockchains. Bitcoins differs from usual currencies in that its registers aren’t centralized in banks and payment systems, but are stored on all the computers that operate with bitcoins. Anybody can see any transaction made in the entire history.
But the market has expanded since 2009 and today we have an enormous amount of alternatives to BTC — so called altcoins. The TRON project provides us with one of such options. It is the platform created for posting various entertaining content. The main system currency is TRONIX (TRX). It is based on a delegated proof-of-stake system, unliked Bitcoin’s proof-of-work, where a rotating cast of 27 “super representatives” validate the transaction on the blockchain. With these tokens you can buy any content that exists on the platform. You can also swap them for other cryptos or fiat.
So, you have decided to purchase some TRX coins and you don’t know where to start. To help you with this we made a stepwise guidance note on how to buy TRX with BTC. We have chosen the Quickex swapping service — because of its simplicity of use, safety and short transaction time compared to similar platforms. There is only 5 steps you have to follow to complete a transaction.
- This step is optional — you can sign up if you want to. You will have to provide your e-mail address to registrate on the website.
- Go to https://quickex.io/exchange-trx-btc and click on the “TRX to BTC” button.
- Now you are on the exchange page. Find the space for amount input in the box. Write down how much of bitcoins you want to swap and hit the button “Exchange”.
- Pay attention to the order details. Check carefully that all the information, including the quantity of coins is accurate and all the conditions are suitable for you. Write down in the text boxes your wallet addresses (TRX and BTC) and send your funds to the Quickex wallet.
- At this stage, the actual exchange process begins. It consists of three steps, which are:
- Confirmation. The platform starts to swap BTC for TRX after it receives blockchain confirmation.
- The exchange. On Quickex It usually takes about 10-15 minutes, but in some cases it can last from 5 to 30 minutes.
- Now the platform sends money to your TRX wallet. Check it when the transaction is completed.
Done! Now you are a proud owner of TRX tokens. Stay calm if the money are not displayed in your TRX wallet immediately. Sometimes an additional confirmation may be needed before your tokens are shown. Just be patient — it won’t be long before you see the funds you received.