In this guide you’ll get information about where to buy Trinity Network Credit, if you are planning to buy TNC token – You’re in the right place!
Trinity (TNC) is a general-purpose off-chain scaling solution that promises to deliver real-time payments with low-cost transaction fees, as well as scalability and data confidentiality for main chain assets. Trinity will dramatically boost the transaction speed of underlying chains as well as the assets on smart contracts by utilizing state channel technology. The TNC cross-chain converter allows data and value to travel between various chains. In the future, Trinity will be a completely autonomous and decentralized performance-enhancing platform for the whole ecosystem, offering all-around assistance to DApps on bottom layer chains.
Trinity, being a privacy-conscious network, employs a variety of advanced technologies and tools to secure data security and boost user privacy protection. Trinity state channel enables many transactions to be completed quickly off-chain. In a nutshell, Trinity protocol is completely open-source, and developers may use it to construct their own products.
- Official Website: https://www.trinity.tech/
- Reddit: https://www.reddit.com/r/TrinityTNC/
- Telegram: https://t.me/TrinityStateChannels
- Twitter: https://twitter.com/TrinityProtocol
- Whitepaper: https://www.trinity.tech/static/file/WhitePaper%20Draft%20V0.2%20for%20Trinity_EN.pdf
Table of Contents
Trinity Network Credit (TNC) Features
- Trinity Cross-chain Converter. Cross-chain asset conversion technology may be thought of as a bridge connecting multiple blockchains in order to facilitate cross-chain transactions, asset conversion, and information sharing. The TNC cross-chain asset converter uses notary schemes, which are centralized structures that choose a group of notaries to monitor the destination chain’s events and status and sign asset transfers.
- Private Payment Channel. Trinity, as a privacy-conscious network, employs a number of different technologies. One of them is zero-knowledge proof to secure data security and boost user privacy protection.
- Off-chain Scaling. State channel technology is a popular and viable blockchain scalability option. State channels employ an approach that maintains the underlying protocol’s usual operating mode while alternating the specific usage of it. The protocol simply processes the settlement of a sequence of encounters, not all transactions. When disagreements develop, computations get more complicated.
- Real-time Payment. Trinity seeks to offer real-time payments with minimal transaction costs, scalability, and privacy protection for main chain assets as a global off-chain scaling solution. Trinity’s use of state channel technology will dramatically boost the transaction speed of bottom layer chains.
Where to Buy, Sell and Trade Trinity Network Credit aka TNC
You can basically use debit card, credit card, or even PayPal to buy the Trinity Network Credit (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Trinity Network Credit as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy Tether first. After you get the ETH or BTC or USDT, you can convert it to Trinity Network Credit. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports Trinity Network Credit currency and exchange your Ethereum / Bitcoin / Tether with the Trinity Network Credit
- Store your Trinity Network Credit to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) or Tether (USDT)
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
The site will ask for some basic information about yourself, make sure to tell the truth. Otherwise, you could face withholding of your investment. Make sure to type your name, your e-mail, and your password correctly. The stronger your password is, the safest your money will be. You will be asked to check your status as a living being using a re-captcha box and to agree to the terms of use of the platform.
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- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying Trinity Network Credit, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with Trinity Network Credit:
Gate.io is a crypto exchange service that is part of Gate Technology Inc. Gate.io is registered in Virginia, United States, and founded in 2017. They only handle transactions using cryptocurrencies, so you won’t find Fiat options with them. Since they work with the best ranked digital assets in the industry, they can average up to $48million in transactions.
- Deposit Methods: Cryptocurrency Only
- Fiat Currencies: N/A
- Supported Cryptocurrencies: BCH, EOS, TRX, ONT, ETH, BTC, BTM, AE, OCN, ADA, IHT, XRP, ETC, NAS, LTC, & over 1040+ more
- Trading Pairs: 1801+
IMPORTANT! Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the TNC/BTC or TNC/ETH or TNC/USDT trading pair and then place the order to buy those pairing cryptocurrencies.
Most likely you’ll find this pair available to you TNC/USDT – so you need to convert your BTC or ETH to USDT first in order to buy Trinity Network Credit (TNC)
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Trinity Network Credit (TNC) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Secure
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Trinity Network Credit (TNC) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Trinity Network Credit. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy Trinity Network Credit (TNC) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy Trinity Network Credit (TNC) with Skrill?
You can’t buy TNC directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Trinity Network Credit. You can buy BTC/ETH with skrill by using these exchanges::
- LocalBitcoins
- Paxful
- Virwox
- SpectroCoin
- Lykke
- Exmo
- Coingate
Can I Buy Trinity Network Credit (TNC) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair TNC/BTC and begin the transactions.
Can I Buy Trinity Network Credit (TNC) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support TNC/ETH trading pair.
What Is the Best Payment Method to Buy Trinity Network Credit (TNC)?
The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the Trinity Network Credit right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Trinity Network Credit (TNC)?
Once you have purchased the Trinity Network Credit, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Trinity Network Credit (TNC)?
Find a crypto exchange which allow pairing TNC with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine Trinity Network Credit (TNC) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Trinity Network Credit is to buy it from a reliable exchange.
Conclusion
Trinity Network Credit aspires to be the hub for everything connected to DeFi trade. It gives traders with thorough analyses of their portfolio and assists them in managing their non-margin positions. As a consequence, traders may have a firm hold on their trading portfolio and be ready for trade setup at all times. Trinity Network Credit (TNC) has been listed on a number of cryptocurrency exchanges, making it simple to track its price movement and purchase it as an investment.
