Crypto trading continues to be one of the best ways to make money online in Nigeria due to the viability and prospect of the venture for maximum gains. TRON is one crypto asset that people are constantly trading because of positive sentiments surrounding it. Hence, there is a need to know the top platforms to sell TRON for naira in Nigeria for short or long-term profits.
What Is TRON?
TRON is notably a decentralized entertainment and content-sharing platform that works on blockchain technology using its native token, TRX. The network enables you to create, store, and share digital content in a more transparent and decentralized way.
Since its launch in 2017, TRON has charted its course to become one of the largest cryptocurrencies by market cap. At the time of writing this article, TRON is the tenth-largest, with a market cap of over $9 billion and trading at about $0.102.
The success this token has garnered over the years hinges on the decentralization feature of TRON, which provides many benefits over centralized entertainment platforms like Spotify and Netflix. As such, the platform gives content creators direct control over their data without any censorship concern from a central authority.
In addition, the platform is scalable to process a high volume of transactions without fees – making it suitable for dApps with large transactions.
Therefore, all these features and benefits of TRON are the major drivers that facilitate crypto asset trading. But while there are different places to trade the token in Nigeria, here are the top platforms to sell TRON for naira.
Top Platforms To Sell TRON In Nigeria
Prestmit is an over-the-counter (OTC) digital trading platform on which you can sell TRON in Nigeria and Ghana. It is also a leading platform to sell cryptocurrencies like Bitcoin, Ethereum, Binance coin, Dogecoin, USDT, and Litecoin.
This platform is simple and easy to use, as it has a sleek and user-friendly interface that makes your transaction seamless. It is safe and fast to sell your TRON for naira on Prestmit as the platform employs cutting-edge innovation to make instant payments and protect your transactions.
The trading fees on Prestmit are relatively lower than other platforms as it provides a responsive support system to ensure a profitable transaction. There is also a TRON rate calculator on Prestmit that enables you to know the real-time value of TRON in naira.
See also: TRON to Cedis Price Calculator
2. Binance P2P
Binance P2P is a platform under Binance – the world’s largest crypto exchange by daily trading volume. So, you can easily sell your TRON for naira on this platform.
The actual trading fee on Binance depends on the amount of TRON you are selling. But you will also pay a 0.1% fee on this platform. It is safe to use Binance as it ensures the security of its users’ transactions and has a platform that is easy and simple to navigate during trading.
Changelly is a non-custodial crypto exchange where you can buy and sell TRON in Nigeria. The trading fees on this platform are low – usually 0.25%- and registration is not required to start selling your TRX token.
This platform has a high trading limit, which enables you to sell a large amount of TRON. It is also safe to use Changelly because it employs advanced security measures to ensure the safety of all transactions.
In addition, it is easy to use this platform as you can manage your portfolio from anywhere you are to sell TRON in Nigeria.
Busha is a crypto exchange in Nigeria on which you can trade a range of cryptocurrencies, including TRON. It provides a crypto wallet to store your tokens to trade while providing essential security measures to keep your funds and transactions safe.
This platform has a user-friendly interface aids in easy navigation to trade your crypto asset for naira. The trading fee on Busha is low, which largely depends on the amount of TRON that you are selling on the platform. It also provides an instant payment into your preferred local bank account.
Breet is a crypto trading that allows you to buy and sell TRON and other cryptocurrencies in Nigeria. It is an OTC platform on which you can convert your TRON to cash and withdraw the funds directly into your local bank account.
It is easy and safe to use Breet as the platform has put different measures in place to ensure the safety of its users. The trading fee on Breet ranges from 0.1% to 0.5%.
How To Sell TRON For Naira In Nigeria – Prestmit
Prestmit is a top place to sell your TRON in Nigeria, and you can do so through the following steps:
- Visit the official website of Prestmit or download the Prestmit app on the Google Play Store or Apple Store.
- Create a Prestmit account and log in.
- Click “Buy & Sell Cryptocurrency” and choose “Sell Cryptocurrency.”
- Click “Sell TRON” and create your Prestmit TRX wallet.
- Follow the prompts to sell your TRON.
- You will receive payment immediately after three (3) successive transaction confirmations.
Frequently Asked Questions (FAQs)
What Is The Best Platform To Sell My TRON For Naira In Nigeria?
I recommend Prestmit as the best place to sell your TRON in Nigeria. This is due to the range of benefits that this platform offers. From low trading fees to fast and safe transactions, Prestmit provides all innovative features to give you an excellent trading experience.
How Much Is 1 TRON (TRX) In Naira?
At the time of writing this article, 1 TRX is equivalent to about N83. However, it should be noted that this rate is not fixed due to the volatility of the crypto account. In this instance, you can use the rate calculator on Prestmit to know the real-time naira equivalent of your TRON.
When Is The Best Time To Sell My TRON?
You can sell your TRON now, as the token has a positive market sentiment. This is evident in its price performance, with a market cap of about $9 billion. Therefore, TRON is considerably bullish, and it may be good to sell your token now.
TRON is an excellent crypto asset to trade as it is in a better position for a moonshot. But you can only have optimum leverage of this token when you sell TRON at a platform that provides you with the features of having a profitable transaction.
That is why you need to choose the right platform, with Prestmit being one of Nigeria’s best crypto trading platforms.