Bitcoin Forum

In case you need to sell TRX which way would you guys suggest is the best ?

There are tons of ways/places you can sell TRX.. i think selling on binance is best option. i personally would deposit TRX on binance and sell it in BTC-TRX pair. you can also try bancor[1] or [2]converter, it's easy and fast.

[1] https://www.bancor.network/communities/5a6dd4c65c3811e6e2eca306/currency
[2] https://www.bancor.network/discover/tokens

Just hop on coinmarketcap and you'll find a list of exchanges that have pairs for TRX. https://coinmarketcap.com/currencies/tron/#markets

I personally like to use Binance but their fees for withdrawal are much higher than the rest. Unless you're going to be constantly moving your coins Binance should be fine. I also use Bitfinex for trading TRX and other crypto, but you need to verify before using them unlike Binance and I know some people don't want to go through that hassle.

1. Send your TRX over to Binance[1]
2. Exchange your TRX for some BTC/ETH
3. Sell your BTC/ETH for FIAT either on Coinbase[2], Gemini[3], LocalBitcoins[4], etc

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[1] https://binance.com/
[2] https://coinbase.com/
[3] https://gemini.com/
[4] https://localbitcoins.com/

1. You can deal with someone personally in your place and trade with any currency you prefer like TRX > fiat.
2. You can have someone to trade here in forum with escrow to make your deal more secure.
3. Move it to an exchange and the examples are given by posts above.

Find the exchanges available for the purpose of selling for bitcoin or ethereum is the first thing to do. After which can withdraw the respective amount into trading funds. From this cashing out of the assets were possible.

Thank you guys for your inputs!
   I think Binance its a good option for me, because I buy my TRX there with ETH.
 But once I have lets say 5,000 TRX, that I bought at 0.04 and the coin gets to 0.8...  is it wise to then trade them back to ETH?
 Will I really get any profits doing so?

Must have really reliable wallet in the first place. Also don't sell or open an order to a large sum of money quickly what i mean is don't sell it quickly wiith a big limit. Just take your time and  Don't place orders just yet who knows it might grow more than expected.

Yes in terms of dollars, but if ETH goes up massively with the price of TRX (very unlikely as ETH would have to go up 20x for this to happen), then there is a tiny chance you’ll get the same amount or less ETH back. It shouldn’t really be an issue, though.

Various exchanges are there in the market which can support to sell and buy the Tron. Today also I bought around 200 TRN from livecoin.net. I see this coins recently dumped in the market completely.
But we can expect the decent growth in the market soon for the people holding the TRX for 3 months or something.
So you please do not sell the coins and hold for some months.

Agreed, trx has gone low in value. Still it is not the biggest dump. The price has been in to fluctuation, traders could make use of it. Apart from the same users could hold for long term profiting purpose making use of these dumps, because price has grown as high as 0.25$ in the recent months. Livecoin.net is a reputed exchange for trading.

I wonder why is this on service discussion board? This should be on Altcoin Discussion.The partnership thing made this coin pump before and many are buying on it. Good marketing strategy by Justin Sun.

But no one seems concern about your words buddy. We need to check the best rate exchange which can better value for selling TRX. I see this coin continuously falling down.
Please look at the price chart for this coin.
You will not get the expected profit for this coin selling now. We need to hold for 2 weeks atleast.

Of course you'll already profited by ×20 from your capital and with that significant amount will give you a decent profit. How I wish trx will be that price! ;D
I can say that I bought trx half way, in short I bought when I thought it's the bottom but to my surprise it just go more dip. Anyway, I'm a long term holder so nothing to worry, I guess.

Well yes I am Holding too... my questions was for future purposes, and even if TRON hits 1 usd I am not selling... my strategy would be to hold and when it gets high sell maybe half of my coins, and then with that buy more trx.

 I think the bittrex, upbit and cex.com inclusion of the TRON in their listings, plus the Trip.io and BitGuild partnerships, demonstrates that TRON project its alive.

 The price is down now, but its not the first time and again... its a young coin. Its not like you will get rich in 2 months, hell even BTC its going down right now.

 On March 31st  the testnet can give TRON what it needs. On May 31st the Main net. Even a coin burn its expected.

 TRON has a lot to say.

 Hodl

It doesn't matter if no one is concern about my words as long as I've said what's my observation. I'm looking at its chart everyday and it's getting worse day by day and the whales probably went out when it reached 1k sats last time so the remaining holders that does have this coin needs to endure all the pain after getting stuck in the middle.