Tron (TRX) is a well-known cryptocurrency that is popular for its fast transactions, high scalability, and growing adoption. Whether you’re looking to cash out your Tron or exchange it for various financial purposes, the process can be straightforward when you follow the right steps. This comprehensive guide will take you through each step of selling Tron for Naira, ensuring a smooth and secure transaction.
Before exploring this, let’s see some of the basic features of Tron.
Basic Features of Tron
- Scalability; Tron’s structure is designed for scalability, which is essential for handling a large number of transactions and users. This scalability is achieved in part through the DPoS consensus mechanism.
- High Throughput; Tron is designed to handle a high volume of transactions. It has the capacity to process thousands of transactions per second, making it suitable for DApps (Decentralized Applications) with significant user bases.
- Low Transaction Cost; As against other cryptocurrencies like BTC and ETH, the transaction cost while trading TRX is relatively low. Gas fee for large transaction costs less than a dollar.
- Token Migration; Tron underwent a token migration from the Ethereum blockchain to its own mainnet in 2018. TRX tokens were swapped from ERC-20 tokens to native TRX tokens on the Tron network.
Best Platform to Sell Tron for Naira
The journey to selling your Tron for Naira starts with selecting a reliable cryptocurrency exchange. Not all exchanges support Tron, and the quality of service can vary significantly between platforms. Therefore, it’s essential to do your due diligence. Look for an exchange that meets the following criteria: Some of the criteria include; Speed of trade, reliability, security, easy-to-use platform, etc.
In Nigeria, there are thousands of exchange platforms, however, these distinct features make Dart Africa stand out to be one of the best.
Security should be a top priority when choosing an exchange. Dart Africa has ensured that it has robust security measures, including two-factor authentication (2FA), cold storage for funds, and encryption protocols to protect your assets from potential hacks and unauthorized access, etc.
- User-Friendly Interface:
A platform built with a simple and engaging User interface will make your trading experience much smoother. Looking for an exchange that simplifies the process of selling Tron and provides easy access to relevant information? Dart Africa is your best bet.
- Customer Support:
Responsive customer support is invaluable, especially when you encounter issues or have questions. Dart Africa offers efficient customer support channels like live chat, email support, or a dedicated help center.
- Competitive Fees:
Fees can significantly impact your overall profit when selling Tron. Dart Africa has a standard fee structure amongst other exchanges.
Reputation matters in the cryptocurrency space. Dart Africa comes with a proven track record of serving customers and conducting transparent operations. They’re a cryptocurrency platform that has a general user review from trusted sources. These reviews will help you gauge the exchange’s reputation.
How to Sell Tron for Naira
Trading on Dart Africa is easy and straightforward. Here are a few steps to trade your TRX (Tron) for Naira
- Visit https://dartafrica.io/ and create an account if you are a new user or log in if you have an account already.
- After Logging in, on the left-hand of your dashboard, click the sell coin then select TRON and input the amount you want to trade
- Copy the coin address displayed or scan the barcode
- After making a payment, click on “I have completed the payment”
- Once your payment is confirmed, you’ll be credited immediately on your Dart Africa Wallet.