How to buy Tron from Philippines

Recommended Broker 🇵🇭
👌Difficulty Low
☢️Commissions Very low
💲Minimum deposit 200$
🪙Cryptocurrencies: Tron and +15 more
⚖️Regulated by: Cyprus Securities and Exchange Commission (CySec), United Kingdom's Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
🌐 Official website: *
*67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money Cryptoassets are highly volatile unregulated investment products. No EU investor protection.

How to buy

For those who live in Philippines, the best way to buy Tron is, definitely, this popular broker.

eToro*, one of the main brokers around the world, is registered and licensed, among others, by the Cyprus Securities and Exchange Commission, and therefore complies with all the regulations of the European Union, the most demanding in the world.

We recommend eToro because you can create an account for free with this broker, and its fees for trading online are very low. Besides, eToro is available in our language, accepts users from Philippines, it is really easy to manage, and its friendly interface is ideal for those who are starting to trade with cryptocurrencies and stocks.

How to sign up, step by step

The first thing you need to do is click here and fill in the fields on the right: enter your name, email, and set a password.

Now check your email inbox: you have received an email from eToro, click on the link and your account will be verified.

Once on eToro, you just have to click on “Deposit funds”, in the page menu.

There, you can choose how much money you want to add to your account (the minimum is $ 200) and the payment method:

As you can see in the image, the first deposit can be made by credit card, PayPal, or bank transfer.

If you have a choice, we do not recommend bank transfer because it takes longer, and it can be very frustrating to see the price of Tron rising while you wait for your transfer to be done.

How to make your first trade

When eToro has confirmed the receipt of your credit, you just have to search for “Tron” in the search bar, click on “Invest” and choose the amount in dollars you want to invest.

*67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.

What is Tron?

Tron is a decentralized platform launched in 2017 that, like all cryptocurrencies, works with blockchain technology. With the difference that it can process 2,000 transactions per second, unlike Bitcoin and Ethereum which do not exceed 25 transactions per second.

The Tron platform was conceived with the idea of being an entertainment platform that allows to store content in a decentralized way. Also enabling access from anywhere in the world in an easy way and generating profitability for content creators.

This is how after selling its tokens in August 2017, it launched the Blockchain Explorer and the Web Wallet in 2018. These with the idea of being able to access content stored on the Tron blockchain and store cryptocurrencies.

One of Tron's goals is to eliminate middlemen in the distribution of content and have the profits generated go directly to those who create the sources of entertainment.

An example of this would be to replace the Streaming platforms model. In this model, we pay subscriptions so that they then pay the content creators. Whereas in the model presented by Tron we pay the creator directly without the middleman.

Eliminating the middleman brings with it a direct consequence, cost reduction. This benefits both the creator and the person who enjoys the content. By not having the middleman, the creator receives a little more for his work and whoever acquires the content, also pays less for it.

Tron and the acquisition of BitTorrent

Framed in this idea, Tron Foundation, the company behind the Tron platform, acquired BitTorrent in 2018 for $140 Million. And as we know, BitTorrent is a content distribution platform that works with a peer-to-peer distribution protocol, like cryptocurrencies.

BitTorrent is one of the most widely used platforms for downloading audiovisual content (movies, series, documentaries). Its acquisition by Tron represents a milestone and positive point since, it took advantage of an already existing platform to advance its proposed objectives.

The future of Tron

Although Tron is a young platform, it is a favorite among developers for creating decentralized applications because of its simplicity and transaction speed. And although with cryptocurrencies nothing is assured, it is well known that behind Tron there are a lot of big Chinese Investors backing the cryptocurrency.

And finally, what most differentiates Tron from other young cryptocurrencies, besides the improved transaction capacity, is the fact that it is focused on a single sector, the entertainment sector.

Is eToro reliable for purchasing Tron?

eToro is very careful with the data about past performances from investors, and its reliability has been independently tested several times.

Legally, eToro follows all the strict policies requested by the European Union, legislation in which it is found. Its head office is in Cyprus, and it is approved by the CySEC or Cyprus Securities Market Commission, which protects up to € 20,000 of the debts from its clients (those from Philippines included).

eToro is backed by the European Financial Instruments Market or MiFID in Europe, and by the Financial Conduct Authority or FCA in the USA. You should also know that it has a trajectory of fifteen years, with more than 20 million users around the globe. So, you can be sure that your finances are safe.

It is also worth mentioning the great customer service. You can use the online chat, and they also have a phone number available for assistance.

How to deposit funds into your eToro account

When it comes to payment on eToro, there isn't really much to say, since it is pretty simple. You just have to click “Deposit funds”, type an amount, and choose your payment method. You can use PayPal (available for some countries), bank transfer, credit card (Visa, MasterCard, Diners, Visa Electron and Maestro), Skrill, or Neteller.

Consider that for security policies, you need to be the holder of the credit card or the account.

You can start with a $ 200 deposit, and there is a limited maximum for unverified accounts. So, if you aim to operate with much more, you should contact Support to verify your account.

The platform allows deposits or transfers in any currency, but charges a fee for making the conversion to USD. That is why we suggest, if it is in your hands, using USD directly.

How to use leverage when trading Tron

Do you know what leverage is? Just in case, we'll put it simply: trading allows you to invest more money than what you really have. Let's say that you enter with $ 100 and you use x2 leverage, the amount of your investment will be $ 200.

Leverage and the importance of “Take Profit” and “Stop Loss”

Let's say that you have complete certainty that Tron will rise, and you consider “going long. You have $ 1,000, but you actually can invest more and make more money.

Possibly, you could ask a financial company for a credit, put something as a guarantee, wait for it to be accepted, wait for the money, send the money to eToro, confirm that it arrived, and then acquire Tron… Nevertheless, when you finish doing all that, probably Tron would be already at a much higher price, and it wouldn't be a good idea to invest then.

Using leverage, you can obtain that amount of money really easily. It's like borrowing money, but much easier and quicker, and with the benefit that you will be getting it directly from eToro which will let you invest much more than you have on the wallet. As in the image below, you will see the different options you have:


Within other markets, you can use more leverage. Why? Because cryptocurrencies are a value that is invested in the medium-long term. However, leverage is used mainly for day trading or short-term trading. But let's see how leverage works.

If for your investment of $ 1,000, you choose leverage x2, you will be investing $ 2,000. eToro would be “loaning” you the extra $ 1,000.

A week after that, Tron rises up and now the value of your investment is 20% higher, which means, you have $ 2,400 in Tron. So, a wise decision is to sell them back now.

You will have to give back the $ 1,000 of leverage and the net profit would be $ 400 (since the other $ 1,000 was your initial investment).

In conclusion, by investing $ 1000 and obtaining $ 400, your net profit would be 40%. That is pretty decent.

Does it sound too wonderful? The thing is, you can also lose. If everything goes according to plan and the price goes up, you will earn profits in little time; but in the opposite case, you will also lose more really fast.

For example: if the price falls by 10%, you do not lose $ 10, but twice (the leverage) that figure, that would be $ 20. For that reason, when using leverage it is essential to be familiar with other two terms: Take Profit and Stop Loss.

Take Profit is a limit you can set when trading: you set the platform to sell your assets once they get to a point above the entry price. For instance, you can buy Tron at $ 100 and ask eToro to close your position automatically when it reaches $ 120. It is very useful to avoid being blinded by enthusiasm: a 20% profit is usually pretty good, but once you see the price has risen, you might want to gain a bit more and decide to wait, but this could be a mistake. So, Take Profit helps you to trade more safely.

On the other hand, when using leverage you also have to use Stop Loss, because a small decrease in the price of an asset can have a big impact on your wallet. You always need to set a Stop Loss lower than that suggested by the platform.

These are the financial instruments you can operate with in this broker

Besides criptocurrencies, there are other financial instruments you can trade with in eToro.


Let's discuss the most well-known assets: stocks. Stocks are the parts in which a company that chooses to go public is divided. You can own a proportion of a company and have returns, but first, you should know where to invest your money.

We can categorize stocks into two different kinds: the ones that divide their earnings regularly among the investors, and those that don't. The former ones are great, obviously, but investing in the latter can be a good idea too since the profit you can make by selling the shares can be even larger.

On eToro, if you invest in shares that distribute dividends, these will be reflected in your balance, and you can collect them in cash or reinvest them. We recommend, if you don't need the money immediately, that you benefit from compound interest and reinvest it in the company itself.

If you trade with stocks on eToro, you will be able to use leverage to “dope” your trades. But it is not advisable, since it would be a CFD and you would not get dividends. On top of that, as shares tend to be long-term investments, you will have to pay fees.

About Index Funds

Are suitable for those planning to invest for the long term, especially for beginners. If you don't need an amount of money for the next five or ten years, index funds offer you security and diversity.

Perhaps you have a different idea, but it is very hard to beat the market (although you have probably heard of managers who obtain huge profits).

But putting aside some exceptional cases, not everything is as good as it sounds: if you hear of someone who has beaten the benchmark, it was probably for a limited time, or their charges are really high. In the end, indexing is better because commissions are minimal. Besides, take into account that past performances do not ensure a future one.

With index funds, you won't be concerned about that: although in the long term, they frequently beat active managers, and the fees are minimal.

Forex trading

Currency trading or Forex consists, as the name says, in the trading of currencies. It's the conversion between a pair of currencies, and the aim is, evidently, to obtain a benefit out of this.

If you decide to exchange EUR and USD, you speculate how many dollars it will take to buy a euro, with the expectation that the euro will increase compared to the dollar. Therefore, if you bought each euro for 1.15 USD and you sell them back when their price is 1.20 USD, you'll be earning that margin.

You may be thinking by now that trading with currencies requires high investments, and that is correct, because increases in prices are never that dramatic, and if you use a lot of leverage to counter that, you will take a considerable risk. If you are just starting in trading, it is not a good idea to begin with this market, because it's not the safest alternative.

You can exchange with almost every popular currency on eToro but remember that this market works through CFDs, therefore the underlying asset won't be yours.

Investment strategies

There are lots of ways to trade cryptocurrencies: from purchasing and holding to day trading using volatility of the market in your favor.

If you don't have much experience in investment, my recommendation is something in the middle: placing a dynamic stop-loss (15-20% under the highest price) when you open your position and wait for it to work its magic.

For example, if you buy a cryptocurrency when it is worth $ 15, it increases to $ 25 and falls back to $17, the stop-loss will allow your operation to be closed, perhaps at $ 21 or $ 22. Hence, you will get a pretty good income.

You may be wondering: why not selling when the price is at its peak? But unless you are a psychic, that is just not possible. The mentioned strategy can work perfectly and is more realistic.

Later on, you will be able to apply more sophisticated techniques, such as short-selling or using leverage.


How much is the minimum deposit?
Only 200$.

When will I be able to withdraw my money?
Whenever you want. Simply end your Tron position, go to “Withdraw Funds” section and you will the money very soon.

What payment methods are accepted?
You can use: PayPal, Bank Transfer, Credit Card, Rapid Transfer, Klarna / Sofort Banking, Neteller and Skrill

* Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Disclaimer: 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.