In this guide, we’ll walk you through the process of purchasing TRM on Tradeium.io. TRM are prepaid credits used to pay fees for running MarginBot and TrendBot, ensuring your trading remains seamless. Fees are automatically deducted from your TRM balance whenever your account reaches a new all-time high return.
TRM Basics:
- 1 TRM = $0.10
- For example, if you are charged $1, 10 TRM will be deducted from your balance.
- TRM is not a cryptocurrency token. It is a prepaid credit specific to Tradeium and cannot be traded externally.
- Non-refundable: TRM purchases are final; however, we may transfer TRM between accounts upon request.
- If your TRM balance runs out, you’ll receive an email notification and have 3 days to top up before your bot is temporarily paused. To resume, simply purchase more TRM and turn the bot back ON.
Why the Process Changed
Previously, buying TRM was easy with Coinbase Commerce, allowing payments directly from Binance or any wallet. However, Coinbase now requires payments to be made via Coinbase Exchange, Coinbase Wallet, or similar self-custody wallets like MetaMask. This change might be aimed at promoting the Base ecosystem and self-custody, but this is speculative.
Step-by-Step: How to Buy TRM
1. Navigate to the TRM Purchase Page
- In the top menu bar on Tradeium, hover over the "TRM" dropdown and select "Purchase".
2. Choose a Package
Select the TRM package that fits your needs:
- Bronze: $20 (200 TRM)
- Silver: $100 (1,000 TRM)
- Gold: $500 (5,000 TRM)
- Platinum: $2,000 (20,000 TRM)
- Diamond: $5,000 (50,000 TRM)
Once you select your desired package, you will be redirected to the Coinbase Commerce payment page in a new tab. This page will guide you through completing the transaction.
3. Choose Your Payment Method
On the Coinbase Commerce page, you’ll see wallet options like:
- Coinbase Account
- MetaMask
- Coinbase Wallet
- Other options
Supported Networks and Payment Details:
After connecting your wallet, you will have the following options.
- Polygon Network
- Gas Currency: POL (for Polygon)
- Payment Options: POL
- Ethereum Network
- Gas Currency: ETH (for Ethereum)
- Payment Options: ETH
- Base Network
- Gas Currency: ETH (for Base)
- Payment Options: ETH or USDC
Funding Your Wallet
If your wallet lacks sufficient funds for the transaction:
- Transfer Crypto to Your Wallet:
Use Binance or another platform to send assets to your preferred wallet (e.g., MetaMask or Coinbase Wallet). - Recommended Network for Funding:
- Base Network: Lower transaction costs.
- Polygon Network: Another low-cost option.
⚠️ Important:
- For payments in USDC on the Base Network, ensure your wallet also has ETH on Base to cover gas fees.
Example Gas Fees
At the time of writing:
- Ethereum Network: Gas fees are approximately $13 per transaction.
- Base Network and Polygon Network offer significantly lower fees.
If transferring assets to these networks, ensure your wallet is funded with both the payment token (e.g., ETH or USDC) and the gas currency (ETH for Base/Polygon).
4. Confirm Your Payment
Click “Pay Now” on the Coinbase Commerce page. Your wallet will prompt you to confirm the transaction. Once confirmed, the transaction will be processed.
5. Transaction Confirmation
The TRM credits should appear in your account immediately after the transaction is broadcasted, even before final confirmation on the network.
We understand that using a self-custody wallet like MetaMask might feel like an extra step compared to previous processes, but it's worth noting that many people already have MetaMask or similar wallets. Self-custody wallets are a great way to take control of your assets, and once you’re familiar with the process, it becomes second nature. If you maintain a balance in your self-custody wallet, future transactions will be even simpler and quicker.
Thank You!
Thank you for your purchase and support. Here’s to a successful altcoin season! 🚀