Tron Sports Betting
- Top 20 crypto coin founded in 2017 – Established + Trusted
- The most stable crypto for online sports betting in 2023
- Win bets to earn free TRX through proof-of-stake!
TRON is one of the most exciting cryptocurrencies of 2023. While it’s been around since 2017, its performance during the 2022 crypto crash put it on everyone’s radar. That’s when top sports gambling sites like BetOnline and SportsBetting AG started supporting TRON sports betting. The best online sportsbooks tend not to support any coin until that coin proves itself, and TRON has done that reliably over the long term.
TRON is among the best online sports betting banking options currently available. Thanks to extremely fast transfer times (2-3 minutes) and almost zero associated blockchain fees, bettors can gamble with more of their deposit, keep more of what they win, and stake their TRX coins for even bigger wins down the road. Keep reading to see if you should take TRON for a ride on the old Light Cycle.
How To Make TRON Sports Betting Deposits
Depositing crypto into your online betting account works the same way, regardless of the coin you’re using. However, for crypto beginners and/or first-time online sports bettors, here’s the process in a nutshell:
- Follow any link on this page to one of the legit online sportsbooks that accept TRON crypto betting deposits.
- Click or tap the “Sign Up” or “Join Now” button and enter all relevant information as requested. Please be sure to use only your real info, as the best online sportsbooks use Know Your Customer (KYC) protocols to secure your account.
- Choose TRON (TRX) from the crypto deposit menu.
- Copy down your sportsbook’s TRON SENDING ADDRESS. You can also choose optional sports betting bonus at this time (recommended).
- In your TRON wallet, choose the “Send” option and paste the above TRON address into the recipient field.
- Enter the TRON amount you wish to deposit and submit the form.
Note: Your online sportsbook charges no fees for making TRX betting deposits. However, there are (very minimal) TRON fees attached to each transaction as part of the blockchain itself. TRON network fees are among the smallest in the crypto market.
How To Claim TRON Sports Betting Payouts
TRON payouts work the same way as all other crypto betting payouts. Essentially, the process to pull your money out is the same as making a deposit, only in reverse. Here’s how to get your online betting winnings delivered ASAP:
- Navigate to your site cashier page and choose TRON (TRX) from the cryptocurrency withdrawal menu.
- Open your TRON wallet and choose the “Receive” option. Copy down your TRX wallet’s unique TRON RECEIVING ADDRESS.
- Back at your sportsbook, paste the above TRON address into the appropriate field, along with the TRX amount you wish to withdraw.
- Submit your TRX crypto withdrawal request.
TRON Sports Betting Same-Day Payouts
The best reason to use crypto for online sports betting – aside from the guaranteed deposits, the low fees, and the bigger sports betting bonuses – is that crypto is the only way to claim same-day payouts. All other standard online gambling payout options take 1-2 weeks to clear, but crypto withdrawals show up in your wallet/exchange account within just a few hours at most.
In the case of TRON payouts specifically, you’ll almost always get your money within 5-10 minutes of requesting it. Most TRON betting payouts are processed automatically. However, please note that larger withdrawals (i.e. several thousand dollars or more) sometimes require manual approval by your site cashier. In such cases, you should expect to receive your TRX coins within 2-3 hours at most.
TRON – like all legit crypto sports betting solutions – is a 100% reliable same-day payout option.
TRON Betting Pros And Cons
In the crypto gambling world, the crypto you choose is always something of a gamble itself. Of course, if you stick with tried-and-true crypto coins, you won’t really be taking any big risks in that regard.
TRON is one such coin, and there’s really no reason not to use it for legal sports betting online. Still, TRON isn’t for everyone, and it has its own positive and negative “charges.”
- Historically withstands crypto bear markets better than other top coins
- Best performing cryptocurrency during the 2022 crypto crash
- Extremely fast transfer times (2-3 minutes) + virtually no transfer fees (under 0.1%)
- Quantum-hacking-resistant blockchain technology – Safest way to send and receive money online
- UIGEA-compliant – Sports betting deposits can never be interrupted or declined
- 100% online betting deposit success rates + guaranteed same-day payouts
- Supported by the best crypto wallets/crypto wallet apps
- Promising future with 1000% projected growth over the next five years
What Is TRON Crypto?
TRON TRX is a modern cryptocurrency that uses the cutting-edge proof-of-stake (PoS) methodology. In 2017, TRON was founded by Justin Sun as an Ethereum-based ERC-20 token called “Tronix.” In 2018, the TRON Foundation oversaw TRON’s move to its own blockchain network, where it’s been operating ever since. TRON allows for staking, smart contracts, NFTs, and other cutting-edge cryptocurrency implementations.
Compared to Bitcoin, which uses a proof-of-work (PoW) methodology, TRON is less energy intensive when it comes to block creation and verification. This makes it cheaper and faster to use than older cryptos like Bitcoin, and it’s also what makes it particularly compelling as an online sports bet funding method. As a gambler, if you’re focused on the bottom line here and now, TRON sports betting might make a lot more sense than Bitcoin sports betting.
How To Buy TRON
Buying TRON is just like buying any other cryptocurrency. That is, you’re probably going to purchase TRX at a legitimate online crypto exchange.
While there are other ways to buy TRON (i.e. decentralized exchanges, convoluted Zelle-To-Bitcoin-To-TRON trades, etc.), we don’t recommend these. They’re expensive, they take a lot of extra time, and the processes are convoluted. Instead, just choose an exchange, sign up, verify your identity, link up your bank account or credit/debit card, and buy as much TRX as you want.
Just be sure that you buy in when the TRON price is trending lower than its weekly or monthly average. Like all crypto prices, TRON-USD valuations go up and down every day. By buying low, you can make your online betting deposits go further.
That said, don’t worry about buying in at the lowest price, because you’ll be sitting around waiting forever. As long as the price is below the average, you can feel confident about pulling the trigger.
Where To Buy TRON
The most direct way to buy TRON – or any other crypto – is to do so through an online cryptocurrency exchange. However, it’s important that you use only trusted, reputable exchanges.
In the US, the go-to exchange for most crypto buyers is Coinbase. However, as of 2023, Coinbase doesn’t actually support TRON buying, selling, or trading. To be clear, there’s no “red flag” reason for this; TRX is a legitimate and uncontroversial crypto. Coinbase just doesn’t support it yet (though we’re sure it will in the near future).
For now, the best exchanges for buying TRX tokens are crypto exchanges like Binance, Binance.US, Bittrex, and Kraken.
If you don’t want to use an exchange, you can also buy TRX coins via popular crypto stores, such as the Atomic Wallet store. However, this should only be done if you need to get your coins ASAP and can’t wait on standard exchange ID verification times. Such storefronts generally charge higher fees than typical exchanges.
That said, in the specific case of Atomic Wallet, the tradeoff is that you get a much safer, better way to store TRON crypto. That’s because Atomic Wallet is a non-custodial wallet that supports TRX staking. (Remember, you should never store your cryptocurrency on the exchanges where you buy it, as these services use custodial wallets.)
How To Get Free TRON
Like all modern proof-of-stake crypto coins, you can earn free TRON by staking it to TRON stake pools. To do this, you simply have to store your TRX tokens in a stakeable wallet (i.e. a crypto wallet that supports staking).
In 2023, most popular third-party TRON wallets are TRON staking wallets. You can maximize your winnings and earn TRON passive income by staking your coins with Atomic Wallet, Guarda Wallet, Exodus Wallet, and Trust Wallet.
When you pull out your online sports gambling winnings in TRON TRX coins, staking them lets you earn even more winnings on top. TRON staking wallets yield about 5% ROS (return on stake) annually.
For example, if you win a $1000 and pull it out in TRX, you’ll make about $50 per year on that. These earnings can go up or down depending on your TRON pool’s performance, and you can always move your coins to different pools.
Note: Staking TRON coins does not tie them up and make them unusable for online betting or anything else. You can use staked coins the same way as you’d use non-staked coins.
Best TRON Wallets
Generally speaking, there are three different viable ways you can store TRON crypto coins: online crypto wallets, software crypto wallets, and hardware crypto wallets. However, we really only recommend software or hardware wallets.
When you buy TRON on an exchange and keep your coins in the exchange’s online wallet, you don’t actually have custody of your TRON keys. This means that the exchange could misuse or even steal your funds. While rare, it’s not unprecedented.
To make sure your TRX coins are always safe and secure, we recommend moving them into a private wallet (aka non-custodial wallet) as soon as you get them. These can be software wallets (i.e. Atomic Wallet) or hardware wallets (i.e. Ledger wallets).
TRX software wallets are faster and easier to use, and they make staking TRON easier, too. However, TRX hardware wallets are a bit more secure, as they store TRX offline on a physical USB device.
Warning: Please only download software TRON wallets from their official download pages or developer pages. Similarly, please only purchase TRX hardware wallets from their official manufacturer stores. Never use third-party retailers or purchase these items secondhand.
TRON Online Wallets – Light Cycle
- + More
TRON Software Wallets – Audi e-Tron
- Atomic Wallet
- Exodus Wallet
- Guarda Wallet
- Trust Wallet
TRON Hardware Wallets – Tesla Model 3
- Ledger Nano S
- Ledger Nano X
TRON Paper Wallets – Shenzhen Electric Scooter
- Not recommended
TRON Sports Betting FAQs
A proof-of-stake cryptocurrency.
TRON (ticker symbol TRX, aka Tronix) is a proof-of-stake (PoS) cryptocurrency launched in 2017 after raising money through an Initial Coin Offering, or ICO.
Founded by Justin Sun and overseen by the Singapore-based TRON Foundation, TRX was originally an Ethereum token but moved to its own native platform in May 2018.
TRON works much like similar PoS crypto coins, including direct competitors such as Cardano, Solana, Avalanche, Polygon, Ethereum 2.0, etc.
The TRON TRX crypto has proven to be a legitimate asset since it hit the market in 2017.
While countless other crypto coins have been similarly hyped, very few have been able to withstand the weight of that hype and establish themselves inside the top 20 cryptocurrencies.
TRON has done that, and while the network has had its hiccups and growing pains, it appears to be a solid fixture inside the top-rated crypto coins by market cap and user adoption.
The best online sportsbooks don’t take just any old cryptocurrency. When a major book like BetOnline or SportsBetting AG adds a particular crypto to its banking menu, you can be confident that it’s a legit coin.
As it can be.
No, we’re not trying to scare you.
From a security perspective, TRON – like all legit cryptocurrencies – is safe. It’s secured by the blockchain, which makes it quantum-hacking-resistant. There’s no safer way to send or receive money online.
However, crypto is still nascent, and there is some financial risk involved in using crypto.
We can’t tell you for certain that the TRON value will never go down and will only go up. We’re confident that, long-term, the TRX value will be much more than it is today, but it is a gamble.
Of course, betting isn’t only for sports...
Cryptocurrency is legal in most global regions, including all US states and territories.
Of course, just because crypto is legal doesn’t mean it won’t ever run into legal problems as the crypto space grows and challenges the status quo (see Ripple XRP).
However, in the case of TRX, the network has operated without issue since launch, and the TRON Foundation is held in high regard throughout the industry.
TRON – like any other cryptocurrency we recommend – is 100% legal to use for any lawful transaction.
We think so.
When it comes to TRON vs. top performers in the crypto space, it more than proves its merit among the best of the best.
In fact, during the big crypto bear market of 2022 (aka the “2022 crypto crash”), TRON consistently retained more of its value than just about any other top 50 crypto coin, including Bitcoin and Ethereum.
To be honest, there’s really no TRON vs. Bitcoin debate when it comes to sports betting itself.
Bitcoin is the most accepted crypto currency and is supported by many more legit online sportsbooks than TRON. For this reason alone, it’s hard to recommend any crypto coin above Bitcoin.
For investment purposes, the same holds true. Bitcoin will never not be number one.
However, Bitcoin sports betting is much more expensive than TRX sports betting. BTC fees are higher than TRX fees, and BTC transfers take 30-60 minutes compared to just 2-3 minutes for Tron transfers.
We’ll leave this one up to you.
In late 2022, Ethereum went from proof-of-work to proof-of-stake.
Before, we would have told you that Tron vs. Ethereum was no contest at all, given the high fees and slow transfer times associated with Ethereum sports betting.
Now, though, it’s more of a wash.
Ethereum 2.0 is still more expensive to use, but the move to PoS should make Ethereum outpace the many PoS challengers that have sought to eat into its market share over the last few years (including TRON).
Still, from a near-term profit standpoint, TRX is a cheaper, faster way to bet sports online and claim your winnings.
Solana was launched in 2017 around the same time as TRON but made many more headlines during the 2021 crypto bull market. That doesn’t mean it’s better, though.
In the TRON vs. Solana debate, the former has been generally more stable for a longer period of time while the latter had that big 2021 spike to vault it into the top 10 cryptocurrencies.
For betting, they both transfer quickly and have minimal transfer fees, so the investment aspect is – or should be – the tiebreaker.
But that’s tough, too, because their long-term investment potentials track similarly.
TRON and Polygon have a lot of the same use cases and upsides.
They’re both proof-of-stake, which means you can earn free coins passively. They’re also both listed in the top 25 cryptocurrencies, which makes them attractive to investors.
We own, hold, and use both – and not just for sports betting.
If you’re really worried about TRON vs. Polygon, just get some of both!
Yes and no.
TRON betting is slightly faster and cheaper than Cardano betting. However, Cardano has a better overall appreciation profile.
In other words, ADA is expected to outpace TRX going forward.
That being said, both coins are totally viable, and you can’t really go wrong with either one.
As for the greater intricacies of the TRON vs. Cardano debate, we’ll leave that to the crypto blogs and “analysts” out there.
There are many cryptocurrencies like TRON out there, and the best online sportsbooks support a handful of these.
TRON is a proof-of-stake (PoS) crypto coin, which means you can stake TRON to earn free TRX. Remember, stakeable cryptos let you earn money two ways: through appreciation and through staking.
This is one of the aspects that makes TRON (and similar coins) a really valuable way to collect your sports betting winnings.
In addition to TRON, our favorite staking cryptos used for sports betting include Cardano, Solana, Avalanche, Polygon, and Ethereum 2.0.
If you want to.
Generally, we recommend claiming your sports betting crypto payouts in whatever coin best suits your investment needs.
If you just want to convert your crypto betting withdrawals to cash as cheaply as possible, then TRON is a solid choice, as fees are minimal and transaction times are basically instantaneous.
But several sports betting cryptos (i.e. Solana, Cardano, Avalanche, Litecoin, etc.) have similar speedy, cheap profiles.
Speeds and fees aside, if you want to maximize your crypto gambling payouts, you should withdraw in a coin that shows good promise for short-term appreciation.
TRON is viable for this, but so are most betting cryptos. (It’s also hard to recommend against Bitcoin or Ethereum, given their market dominance.)
One solid strategy is to “hedge your bets” and withdraw in a different crypto each time. Expanding your crypto portfolio this way is always a good idea.
Most TRON predictions suggest that the TRX value will be in the neighborhood of $0.25 to $0.35 by 2025.
This seems achievable, which makes TRON TRX an attractive crypto asset for short-term and medium-term investment.
If you want to add significant value to your sports bet payouts, TRX withdrawals are a great way to do that.
By 2030, most TRON price predictions estimate that the TRX crypto will be worth between $0.50 and $0.75.
With a value of just five cents during the height of the 2022 cryptocurrency crash, even the lower estimate represents a gain of around 1000% (or 10X).
A TRON stablecoin.
USDD – aka “Decentralized USD” – is a so-called algorithmic stablecoin that exists on the TRON network.
Instead of using actual real-world assets to back its 1:1 peg to the US dollar, USDD uses the TRX token to maintain that dollar valuation.
This isn’t always reliable, though, which is why legit online sports betting sites are unlikely to support any more stablecoins than they already do.
That’s probably enough.