Last Updated on June 23, 2022 by Shounak
Another public blockchain has enormous potential because of its features; therefore, we wrote this article about the best Tron Wallets. But first, we need to know why it is still one of the most used, stored and acknowledged cryptocurrencies.
Tron is a blockchain-based decentralized protocol that aims to construct a smart contract functionality, distributed storage technology, global payment processor and an alternative to Bitcoin.
Tronix (TRX) is the native currency of the Tron blockchain ecosystem. It can be used as a means of payment (like Bitcoin or Ether) through the Tron network to exchange digital assets, information, and incentives.
The TRON wallet enables TRX cryptocurrency owners to store their funds in both offline & online environments. This article will discuss the top 5 best Tron wallets you can trust to safely and securely store your TRX for the long term.
The need to hold Tron for payments has been increasing gradually. As Tron is one of the fastest and cheapest cryptocurrencies in the market, the demand for storing it safely as well as securely and enjoying its staking benefits has increased significantly.
Best Tron Wallets That You Can Trust
In this article, we will discuss those wallets that allow TRX staking as Tron blockchain uses proof of stake protocol. We will cover hardware and software wallets on our list but we will not include online wallets as they are prone to hacks.
Ledger Nano S
The need to manage Tron has been increasing owing to its popularity. As Tron is one of the fastest and cheapest cryptocurrencies in the market its demand has increased gradually negating its USD value.
If you are considering investing in TRX or already have some TRX for long-term gain, then Ledger Nano S is worth considering as a safe and reliable storage option.
The device connects to your computer via USB and features a built-in OLED display so you can double-check and confirm each transaction. Ledger Nano S also supports other major cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dogecoin, Zcash, and Dash.
With this wallet, you can stake Tron and enjoy daily passive income. It supports staking through the Ledger Live app, and you can securely delegate your Tron to a validator who provides high returns securely without any issue.
The TronLink wallet is a safe and professional TRON wallet launched in 2018 with well-rounded features. TRON recommends it. It started as a browser extension similar to Metamask. It is now available on both android and iOS platforms.
The private key is stored locally and the wallet provides a multilayer algorithmic encryption which ensures data security. Some of the features offered by TronLink include a built-in exchange, support for multiple languages, and TRON dApp integration.
Staking TRX token is much easier on this wallet as you can choose a validator within a few clicks, depending on the APR. Multiple validators are listed here, and accordingly, you can select one.
The only drawback is that your TRX will get blocked for a certain period, and you can use it if you have staked them immediately. The wallet supports all tokens (TRC-10, TRC-20 & TRC -721) that use the Tron blockchain ecosystem and other prominent cryptocurrencies.
Exodus Desktop Wallet
The third wallet on our list of best Tron wallets is the Exodus Desktop Wallet. It is one of the most popular software wallets for beginners because of its simple-to-use UI. The wallet also comes with an internal exchange; for now, Tron staking is not supported on this wallet.
The Exodus wallet is available for both Android & iOS devices. They also have a desktop version that supports multiple operating systems. You can also use its browser extension to access Web3 and Defi dApps.
The wallet enables you to store not only TRX but also other popular cryptocurrencies like Bitcoin Cash, Ethereum Classic, Litecoin, and Dash. One thing to note about Exodus is that it does not support 2FA or multi-signature functionality at this time.
Atomic Wallet is a multicurrency software wallet available on desktop and mobile devices. We would not recommend using mobile wallets due to specific security flaws, but it comes with a simple UI.
As a non-custodial wallet, the private key is not hidden and is stored locally. It has a built-in exchange. Atomic swap and staking of TRX is available on both desktop and mobile wallet.
It enables you to store TRX and over 300 other cryptocurrency assets on your desktop or mobile devices, including Windows, Mac OS X, Linux, iOS, and Android. The atomic wallet also allows you to exchange TRX with over 20 fiat currencies, including USD, EURO, JPY, and more directly from the app.
If we are correct, Atomic Wallet was the first to initiate cryptocurrency buying within the wallet using your bank debit/credit card. You can only buy prominent cryptocurrencies like Bitcoin, Ethereum, Tron, and others.
The last one on our list of Best Tron Wallets That You Can Trust is TrustWallet. It is a multi-cryptocurrency wallet that is no custodial and is backed by the biggest cryptocurrency exchange Binance.
Available only as an iOS and Android mobile wallet for storing TRON (TRX) as well as other ERC20 tokens such as Binance Coin (BNB), OmiseGO (OMG), 0x (ZRX), Golem (GNT), Decentraland (MANA), Basic Attention Token (BAT) and many more.
It has a simple-to-understand and use interface, making it a wallet for a beginner. TrustWallet also allows users to buy crypto directly within the app using a credit or debit card.
Staking of TRX is available within the wallet interface. You can also access any blockchain dApp using the built-in wallet browser. You can also buy cryptocurrencies using it, and most importantly, it supports all types of Tron blockchain tokens
Tron is one of the most popular blockchains after Bitcoin as it is very cheap due to its USD value and speed. Everyone in the crypto sphere uses Tron for safe and secure transactions.
Tron has always been our favorite as we mainly use its USDT to pay for the business. Our article, best Tron Wallets That You Can Trust, only highlights secure and safe wallets with their features.
You have to decide which one to download and use for storage of TRX.
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