TRON (TRX) Crypto Wallets and Tron Cryptocurrency Basics
The path of the mass decentralization is tough. It is quite logical to start to attract new users through the entertainment industry and the financial sector. We at Changelly strive to provide quick access to cryptocurrencies in a simple and engaging way.
The Tron platform took another niche and associated financial services with gaming applications. Such contributions aim to spread the blockchain technology and show the rest of the world the superiority of decentralization over centralized web networks.
TRX coin is an essential part of the Tron blockchain that maintains the proper work of the network. We are going to provide the best Tron wallets for safe and secure TRX storage.
Tron Cryptocurrency Basics
The Tron project was introduced in 2017 by Chinese entrepreneur Justin Sun. He managed to attract around $70 million during the Initial Coin Offering (ICO) that later allowed for the development of the Tron platform.
As time went by, Tron launched a lot of ‘departments’ within its ecosystem like Tron Foundation, Tron Accelerator program, and so on. They are aimed to enlarge the Tron audience, attract developers, and sustain the stability of the blockchain in general.
The idea behind the project is to provide a suitable environment for decentralized applications (dApps) development and build a free decentralized space for the entertainment industry.
In 2018, Tron launched its mainnet and started to gain momentum rapidly. By the end of 2018, Tron officially surpassed Ethereum in dApp usage which made the network the new ‘Ethereum killer’.
TRONIX (TRX) is a native cryptocurrency of the Tron blockchain which powers the network and allows users to interact with dApps, trade the crypto on exchanges, and so on. The cryptocurrency can be purchased on the various of cryptocurrency exchanges as well as you can swiftly buy TRX with Visa, MasterCard, or ApplePay on Changelly.
Top 5 Tron (TRX) Wallets
The industry offers a wide variety of digital wallets that allow you to store TRX. However, we chose the top 5 of them to provide the best options for Tron’s coin storage.
Tron (TRX) Mobile and Desktop Wallets
TronWallet is an official TRX wallet that is available for your mobile devices (iOS and Android) and for your PC (as a desktop wallet). The native design of an application will provide an excellent user experience. Besides being a secure place for TRX coins, the wallet enables seamless interaction with dApps.
According to TronWallet’s roadmap, this year is going to be big for both the wallet and the Tron network. The Samsung integration is planning for the Q2 of 2020. Justin Sun made an announcement on his twitter just a couple of days ago claiming that the ‘TRON 4.0 is coming!’
Exodus is a multi-currency mobile digital wallet that helps you to manage your cryptocurrency portfolio in an efficient manner. Having a great UX/UI and stylish design, Exodus perfectly works for crypto novices and those who want to store TRX and other cryptocurrencies in a safe and secure place.
Exodus allows you to manage your TRX assets efficiently on the go and also offers a desktop application for PC in case you prefer the solidity of computers.
We mention Trust Wallet a lot in our overviews and this seems to be quite fair. Trust Wallet is famous for the safe storage of many crypto assets including TRX.
Last year, Trust Wallet became an official wallet of the giant cryptocurrency exchange Binance. This fact attracted more attention to the wallet and brought new users who wanted their funds to be safe and sound.
Native design, local storage of private keys, and efficiency in usage make Trust Wallet ‘the most trustable wallet’ in the crypto community.
Tron (TRX) Web Wallets
TronLink Web Extension
TronLink is MetaMask for TRX cryptocurrency and TRC-20/TRC-10 tokens. Users can transfer and receive payments, follow the TRX trend, vote for Tron Super Representatives, and many more.
The wallet claims to be secure as it does not require users to provide personal information. However, TronLink is also a mobile application for iOS and Android devices, which might require access to your data once installed. Before downloading, don’t forget to do your own research.
TronLink is supported by the Tron team so that updates and bug fixes are always on time. The wallet is recommended by Justin Sun himself which makes TronLink one of the most popular and reliable wallets to store TRX.
Tron (TRX) Hardware Wallets
Please note that the Trezor hardware wallet does not support TRX coin.
Ledger Nano X/S
Ledger Nano has been a hardware wallet standard for over five years. The wallet allows for the safe storage of 1,180+ cryptocurrencies and the number of supported coins continues to grow.
TRX can be stored on both Ledger Nano X and S models as well as managed via the Ledger Live feature. As hardware wallets are one of the safest options to keep your digital assets safe, Ledger Nano will be a perfect solution to store a large amount of cryptocurrency without fear of being compromised or hacked.
Tron’s digital wallets that are observed in this article have a decent reputation and thousands of faithful users around the globe. Yet, every time you want your funds to be secure at the highest level, we recommend you to the research on a chosen wallet.
Tron attracts much attention in and outside the crypto industry. The project follows great ideas and we do hope Justin Sun together with the Tron team will enhance the decentralized boundaries to bring so long-awaited solutions to masses.
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