is a -based platform that focuses on content entertainment. Most importantly, users can publish, own, and data free of charge. Since June 2018, when the network launched its main net, TRONIX (TRX) is the native on the network, currently (March 2019) in top 20 according to market size. The safest place to TRX is in one of the following wallets.
With some TRX under your belt, you need to them securely and safely. Therefore, you need a reliable and the best TRX , either online or offline. Before you zero in on a particular , you should consider that, besides choosing a good , you should adopt good practices to help you keep your holdings safe and secure.
The following are the best wallets to hold your TRX safely for later use.
Source: tokenclub.co
1. Ledger Nano S
Wallet website:
Wallet type: Hardware
Ease of use: Simple, but not so easy for new users
Safe: Highly safe
Cost: Paid
In terms of security, a hardware is the best. The Ledger Nano S is one of the best wallets available in the market, as it’s also the most reliable. It’s small, portable, and connects to your computer’s USB port with ease. With this , you can easily your private keys securely offline.
The comes with rock-solid security features such as a built-in screen, a secure lockable chip, and backup recovery phrase that come in handy if the device is lost. Importantly, the Ledger Nano S is a multicurrency device, able to accommodate more than 700 other digital assets. All factors considered, this provides optimal security for your TRX funds. The private key that gives access to your coins remains protected with the lockable, secure chip just as the one used in passports.
Besides, the fact that it accommodates more than one makes it the best option for users who would like to manage multiple assets with a single hardware .
Another important thing to note about the Ledger is that it’s not free. You have to part with money (nearly $100 USD as of November 2018) to acquire the device. However, the value is small compared to the security and safety it provides.
Source: vimeo.com
2. Altcoin.io Wallet
Wallet website:
Wallet type: Desktop client web
Ease of use: Simple
Safe: Secure
Cost: Free
The .io is a decentralized exchange. Besides, it allows users to access its atomic swap service. This supports multiple , including , , , and many more.
The truth about crypto exchanges is that they are a soft target for hackers, leading to massive security breaches and theft of funds. Traditional crypto exchanges also require users to surrender their assets to a third party, which raises the question about trust.
In a decentralized exchange, there is no intermediary, so the communication is between the user and the platform. Since users are in control of their own funds, the platform is less vulnerable to hacks often common in traditional exchanges.
Utilizing the atomic swap technology, the .io is one of the decentralized exchanges where you can your TRX holdings.
Top-notch customer support: the platform focuses on customer support. It has in place a 24/7 customer support team that listens to every concern from their clients. Besides, it’s possible to reach the exchange via social media platforms such as Telegram, Twitter, and Facebook. With lots of wallets to choose from, this is a helpful aspect to have!
Benefits of the include the absence of an intermediary, which reduces the chances of hacking. The interface is user-friendly, and are in control of their funds. Even so, the platform has a few downsides such as it’s new and still under construction.
Source: toshitimes.com
3. Trezor
Wallet website:
Wallet type: Hardware
Ease of use: Simple
Safe: secure
Cost: Paid
Aside from the Ledger Nano S, another option for a hardware is Trezor. This is a creation of Satoshi Labs from the Czech Republic. The hardware supports more than 700 , TRX included. With it, users are able to their private keys in a cold storage offline. Upon transaction, the device connects to the Trezor Bridge, which eventually interacts with your selected browser.
In the same way as the Ledger Nano , Trezor requires users to provide information by using two buttons. It is simple, with a user-friendly interface. However, the is available for a price, according to the version you’re purchasing.
For example, if you go for Trezor model T, it comes with a built-in touch screen that enables users to key in information quickly on the device. This version can also support coins that are absent in the Entry-level edition. For instance, Trezor Model T supports ’s XRP and (XMR). Outstanding advantages of the include:
- Easy, final backup of : it comes with standard recovery seeds, which enable users to recover the entire with a 12-word seed.
- Safe storage of password: The Trezor Password Manager locks passwords individually using digital keys.
- Transparent security and positive customer reviews
Source: medium.com
4. Atomic Wallet
Wallet website:
Wallet type: Desktop client
Ease of use: Easy to use
Safe: Safe
Cost: Free
The atomic enables users to buy, sell, and more than 300 using its built-in atomic swap exchange. Major currencies supported include , , XRP, , XLM, and many others. Users are able to exchange their assets through non-custodial Atomic Swap technology, using a decentralized order book. In addition, the comes with a powerful, in-demand service, which enables users to minimize the effort they use to manage their digital assets. This makes the Atomic transparent and reliable. The following highlights make Atomic one of TRX’s best wallets.
- Atomic swap technology: the uses atomic swap technology to enable its users to perform a cross-chain exchange, which helps them avoid third-party risks. Besides, it has built-in ShapeShift, , and ChangeNOW exchanges to support coins not supported by the swapping technology.
- Secure: the users enjoy strong encryption of their private keys, as well as custody-free solutions that lead to an uncompromised level of security. In the end, users have full control over their funds.
- Multi-asset: the Atomic Wallet is designed to accommodate more than 300 digital assets. This makes it a convenient to your TRX holdings. Currently, it supports bitcoin, Litecoin, Ether, XMR, TRX, and many more. They keep updating the list and eventually will include more.
- Crypto purchase: with the Atomic , users are able to buy cryptocurrencies such as bitcoin, Litecoin, or TRX using their bank cards. The accepts major world currencies, such as USD, EUR, as well as any other local currency worldwide.
Source: coinbureau.com
5. TRON Mobile Wallet
Wallet website:
Wallet type: Web
Ease of use: Easy to use
Safe: Safe
Cost: Free
Also known as Android Wallet, this is a preferable choice for many users due to its multifunctional feature. It comes with a practical user interface together with a built-in cold- that enables users to and secure their TRX coins. With such noble features, this one is definitely one of ’s best wallets.
Android is a mobile device with full encryption by a password. The 24-word recovery seed provides an additional layer of security and enables users to recover their password. The is popular because it is the most recommended for Android users.
With it, users are able to import a with their private key or the 24-word recovery phrase. They are also able to import public addresses only. Wallet functionalities include:
- Individual connection and the ability to connect to any node
- Check frozen amount
- Check TRX balance and tokens
- Send TRX tokens and receive using QR code
Besides, the also serves as a block explorer, through which users can see the latest blocks and transactions. They are able to view representative candidates, connected nodes, distributions, and accounts.
Source: Reddit.com
6. TronScan
Wallet website:
Wallet type: Web
Ease of use: easy to use
Safe: Medium
Cost: Free, downloadable
Also known as one of the main wallets, TronScan is a TRX online that provides easy and quick storage to TRX coins. Getting started with the is easy with a straightforward sign-up process. Users are able to save a copy of their private key automatically and the ’s interface is easy to navigate, albeit not quite easy to view.
The data regarding transactions, account balances, and others are displayed on the screen and easily accessible. Besides, users who would like to freeze their TRX coins can do so instantly and hassle-free. All the same, despite its reliable features, online wallets are vulnerable to hacks. For the TronScan , you just have to keep your private keys secret.
With this , users are able to access their TRX coins from any device with internet connection and a browser. It might not be the most secure TRX , but the interface is easy for users to navigate and their assets.
It’s always not a good idea to release a large number of coins into an online , owing to their overall vulnerability. You need to start with a small amount of TRX coins and increase the amount only when you’re sure the funds are safe. Besides, it’s also advisable to adopt good online practices and keep your private key safely.
Buy Some TRX For Your Tron Wallets
Want to learn more about TRON? Read about how in our in-depth article. You can also read about how Tron’s price was boosted earlier this year with the .
Interested in investing in Tron? You’ll want to start with our as well as our analyst’s read on TRX trading in our .
The best place to buy or trade for TRX is on . After, you can utilize one of the great Tron wallets listed above for safe keeping!
Published at Wed, 17 Apr 2019 16:43:10 +0000