How to buy Tron (TRX) with Ripple (XRP) in Binance?

How to buy Tron (TRX) with Ripple (XRP) in Binance?

To buy the TRON cryptocurrency we will need a way to send XRP to  BINANCE.

The first step is to enter Binance with your user account and go to the Deposit option and look for the XRP currency, that is, ripple. This step we do to know the address and the deposit tag, information that we will use to send the XRP to Binance.

In that screen you will see the data that you will need to send XRP from your XRP wallet or from another exchange where you already have some XRP coins purchased. In this example I sent 3.1 XRP to Binance. Later I remembered that that fraction, the .1 can not be sell but it was late, so it will remain in my Binance balance for another time.

Next we return to Binance and in the option of "FUNDS" -> "Transaction history" we will see that the sent XRP are already in our Binance wallet.

The transaction reflects the 3.1 XRP that was sent to Binance.

There is no direct market from XRP to TRX, so we must buy with the XRP some Ether (ETH) and that market does exist in Binance. It is important to know that Binance requires minimum amounts to make limit offers (in which you put the price you want to pay), as we have sent little XRP we must first buy the ETH in a bid at market price ("Market") as seen on the screen belowWe display the list of markets, click on the ETH tab and select the XRP / ETH pair.Then in the lower part of the screen we will enter the tab that says "Market"

As we discussed above, it will not allow us to sell the 3.1 XRP so we will put a bid for an entire amount of 3XRP at the market price, meaning that we will pay the price of the ETH in the market at that precise moment.








Once we have bought the ETH we return to the list of markets, ETH tab and now we select the TRX / ETH pair to effectively buy the TRX cryptocurrencie, also in a purchase at market price because the amount we have of ETH does not reach the minimum to make a "Limit" type purchase.

Once in the "Market" tab in the "Buy TRX" section, we can buy at the market price. In this case the 3 XRP that we sent, already converted to ETH, can buy 68 TRX.

We click on "Buy" and the purchase is made immediately.Note: this process can be done to buy any cryptocurrency or token that has a market in Binance and you can also carry it out by sending other cryptocurrencies such as LTC, BTC or ETH.And finally we see that in the notifications, on the left side of the screen is the transaction made with the amounts paid in ETH and received in TRX.

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