Where and How to Buy TROY in 2022 – A Beginner’s Guide
By Meghan M. 6 min read
Where to buy TROY
Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase TROY (TROY) in 2022.
Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your TROY.
1. Binance
Binance gets a lot of things right for traders who wish to focus solely on cryptocurrency. A diverse range of popular cryptocurrencies should appeal to everyone save the most passionate crypto fans.
Low trading costs and volume reductions should entice more active traders, especially because fees elsewhere are far higher.
Newer investors who want customer service may find a better match elsewhere, particularly if they intend to trade other stocks or crypto as a sideline.
Based on what has been discussed so far, Binance is unquestionably the premier Cryptocurrency Exchange, with low costs and excellent digital currency support.
Binance Features
- Binance trading has some of the lowest costs in the business.
- On Binance, you can trade over 180 cryptocurrencies.
- The exchange is available through online and mobile apps for Android and iOS, as well as desktop programmes for macOS and Windows.
- Binance Futures provides up to 125x leverage while margin trading provides up to 3x leverage.
- It offers a dedicated help Centre where you may contact the support team or get actual beginning tips and explanations of various exchange operations.
- It also allows you to make passive income from your crypto assets through staking, crypto lending, and other methods.
How to buy TROY on Binance
Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.
1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.
2. You can purchase TROY (TROY) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of TROY you can acquire.
3. Select the payment method and fill the required information than Continue.
4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of TROY you may get will be adjusted depending on the current market price.
5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired TROY in your Binance Spot Wallet immediately.
2. Gate.io
Gate.io is a Cryptocurrency exchanges platform that allows you to trade Bitcoin, Litecoin, Eth, and other blockchain assets. Within a few years, the exchange acquired global traction and is today available in virtually every country on the planet. However, the platform is presently not active in China, and its registered office has been relocated to Virginia, USA.
This trading platform not only supports over 800 main cryptocurrencies with over 1,000 trading pairings, but it also offers spot trade and margin trade. It has also expanded its offerings to include ETFs, options, futures, and derivatives for investors. It is primarily a platform for professional traders. Beginners with minimal expertise, on the other hand, will benefit from this platform as well.
Getting Started with Gate.io
Creating an account on Gate.io is pretty simple and straightforward, just follow these simple steps below.
Step 1: Go to the official Gate.io website and click Sign Up.
Step 2: On the next screen, enter your email address, and create a password.
Step 3: Next: You must generate a fund password (This password adds an extra layer to your security as without this key no one can withdraw funds from your account).
Step 4: You will be prompted to confirm your email address.
Step 5: Once you've verified your email, you can simply Login to the site and begin trading!
Note: Due to changing regulations, You might need to go through a KYC process to verify your identity.
How to buy TROY on Gate.io
Follow our step by step guide to buy TROY (TROY) on gate.io:
1. Log in to your Account on Gate.io.
2. Click Buy Crypto fro main menu located at top bar. Here you will find three ways to buy TROY coin (Credit card, Bank Transfer, P2P Trade).
3. Enter the purchase amount in USD. Now select/search TROY from dropdown menu.
4. Incase of Credit card, gate.io offer multiple processing partners, select the one that offer services in your country.
5. Accept the terms and conditions and click Purchase.
Now you are Proud investor in TROY (TROY).
If you want to buy TROY with another cryptocurrency. First, Transfer that currency into the Gate.io exchange using Deposit method after that go to the market page, search for TROY and buy it using your deposit cryptocurrency.
Other Exchanges to buy TROY
Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy TROY.
Conclusion
Choosing the best cryptocurrency platform for TROY (TROY) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.