TRON is a cryptocurrency on the TRON blockchain. Launched in 2017 by Justin Sun, it was initially an ERC-20 token on the Ethereum blockchain. But in 2018, it shifted to its own blockchain. As an open-source, decentralized blockchain network, it uses smart contracts, enabling transactions to be carried out automatically once conditions are met. There are multiple ways to exchange your TRON tokens for fiat currencies.

Use TRON Cryptocurrency Exchanges
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Use TRON Cryptocurrency Exchanges

The best way to exchange your TRON tokens for traditional money is by using a cryptocurrency exchange. Follow these steps diligently, and you will receive cash for your TRON tokens. 

  • On the cryptocurrency exchange of your choice, create an account.
  • Then, link your bank account to this exchange account to transfer funds smoothly.
  • Decide how many tokens you wish to exchange and transfer them from your crypto wallet. 
  • Select the fiat currency you want to exchange it for. 
  • The due amount gets transferred to your account after the transaction is processed. 
Sell TRON to Another Person
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Sell TRON to Another Person

Another simple method for getting fiat currency in exchange for your TRON coins is selling them to another person. But, first, you should choose a reliable platform to carry out the transaction. Two types of platforms allow you to sell your tokens to another person. 

P2P platforms facilitate direct transactions between people. First, you have to decide who should be the buyer, what would be the best time to sell the tokens, etc. Once you have agreed on the basics, just enter the buyer’s crypto wallet address to transfer the tokens. Once your tokens are transferred to the buyer’s account, the buyer will pay you the due amount.

Brokerages are platforms that employ a third-party institution to carry out transactions. Simply put, a broker looks into the details of the transaction, including who to sell tokens to, when to sell them, etc. The broker makes all decisions, and you pay a brokerage fee.

Use TRON ATMs
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Use TRON ATMs

Cryptocurrency ATMs allow you to buy and sell cryptocurrency for traditional money. To date, TRON ATMs have only been introduced in South Korea, but the rising popularity of the token should ensure more ATMs across the world pretty soon.

FAQ

Can I exchange my TRON coins for traditional currency?

Yes, you can exchange your TRON tokens for traditional money by using cryptocurrency exchanges, selling your tokens to another person or at a TRON ATM.

How do I sell my TRON tokens to another person?

Two kinds of platforms allow you to sell your tokens to another person: P2P and brokerage platforms. 

Are TRON tokens limited in number?

TRON tokens have a limited supply. The total number of tokens is fixed at 100 billion, out of which over 70 billion are in circulation.

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