Tron is a blockchain-based decentralized platform that aims to build a free, global digital content entertainment system with distributed storage technology, and allows easy and cost-effective sharing of digital content. Tron Foundation, the company behind Tron, is headed by Justin Sun.
The Tron network uses a Proof of Stake consensus algorithm which allows users who hold TRX tokens to vote on the network and earn rewards. The Tron protocol offers high scalability, high availability, and high throughput computing to support real-world applications.
Tron was originally founded as an ERC20 token on the Ethereum blockchain but has since migrated to its own mainnet. The native TRX token is used to power transactions on the Tron network.
Tron can be bought and traded on a variety of cryptocurrency exchanges, such as Binance, Bittrex, and Poloniex. In order to buy TRX on Binance US, you first need to deposit USD into your account.
Then, you can use this USD to buy TRX on the BTC/USDT or ETH/USDT trading pairs.