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9 Great Wallets to Store Tron (TRX) Cryptocurrency | How To Store TRX Token Safe In 2019

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Eric runs a private crypto investing community focused on high-value altcoins. Learn more here: https://bit.ly/2P1w5qt

TRON is a blockchain-based platform that focuses on content entertainment. Most importantly, TRON users can publish, own, and store data free of charge. Since June 2018, when the network launched its main net, TRONIX (TRX) is the native token on the TRON network, currently (March 2019) in top 20 according to market size. The safest place to store TRX tokens is in one of the following TRON wallets.

With some TRX tokens under your belt, you need to store them securely and safely. Therefore, you need a reliable and the best TRX wallet, either online or offline. Before you zero in on a particular wallet, you should consider that, besides choosing a good wallet, you should adopt good practices to help you keep your holdings safe and secure.

The following are the best Tron wallets to hold your TRX safely for later use.

Ledger Nano Wallet listed as one of best Tron wallets

Source: tokenclub.co

1. Ledger Nano S

Tron Wallet website: https://www.ledger.com/products/ledger-nano-s

Tron 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 wallet is the best. The Ledger Nano S is one of the best TRON 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 wallet, you can easily store your private keys securely offline.

The wallet 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 wallet is a multicurrency device, able to accommodate more than 700 other digital assets. All factors considered, this wallet 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 cryptocurrency makes it the best option for users who would like to manage multiple assets with a single hardware wallet.

Another important thing to note about the Ledger wallet 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.

Altcoin.io wallet listed as one of best Tron wallets

Source: vimeo.com

2. Guarda Wallet

Tron Wallet website: https://guarda.co/

Tron Wallet type: Desktop, mobile wallet

Ease of use: Simple

Safe: Secure

Cost: Free

Guarda is a non-custodial web-based multi-currency wallet that would allow you to store TRX coins safely without having to be worried about hackers or third-party attacks. The most interesting thing about this wallet is that it offers support to many different digital assets more than TRX. 

For example, some of these virtual currencies include XRP, Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Bitcoin Gold (BTG) and Zcash (ZEC), among others. 

Users can download this wallet on their mobile devices, including iOS and Android. Those that want to use it on their desktop computer can download Guarda wallet for Mac OS. Through this digital asset wallet, individuals can send, store, receive and exchange a large number of digital assets while protecting their TRX coins. 

This wallet has been recognized by different crypto-related foundations, including Changpeng Zhao, the Zcash Foundation, Bitcoin Gold founders and the official Ethereum Classic website. It is not an easy task to develop a cryptocurrency wallet with support for many virtual currencies that is non-custodial and that allows users to exchange their assets. 

This is one of the best TRX wallets available in the market for users that require not only storage for their funds but also other functionalities. 

3. Altcoin.io Wallet

Tron Wallet website: https://www.altcoin.io/

Tron Wallet type: Desktop client web

Ease of use: Simple

Safe: Secure

Cost: Free

The Altcoin.io wallet is a decentralized cryptocurrency exchange. Besides, it allows users to access its atomic swap wallet service. This wallet supports multiple cryptocurrencies, including Bitcoin, Ethereum, EOS, 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 Altcoin.io is one of the decentralized exchanges where you can store 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 Tron wallets to choose from, this is a helpful aspect to have!

Benefits of the wallet include the absence of an intermediary, which reduces the chances of hacking. The interface is user-friendly, and customers are in control of their funds. Even so, the platform has a few downsides such as it’s new and still under construction.

Trezor Wallet for TRON listed as one of best Tron wallets

Source: toshitimes.com

4. Trezor

Tron Wallet website: https://shop.trezor.io/

Tron Wallet type: Hardware

Ease of use: Simple

Safe:  secure

Cost: Paid

Aside from the Ledger Nano S, another option for a hardware wallet is Trezor. This wallet is a creation of Satoshi Labs from the Czech Republic. The hardware wallet supports more than 700 cryptocurrencies, TRX included. With it, users are able to store 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 wallet, Trezor wallet requires users to provide information by using two buttons. It is simple, with a user-friendly interface. However, the wallet 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 Ripple’s XRP and Monero (XMR). Outstanding advantages of the wallet include:

  • Easy, final backup of wallet: it comes with standard recovery seeds, which enable users to recover the entire wallet 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

Atomic Wallet listed as one of best Tron wallets

Source: medium.com

5. Atomic Wallet

Tron Wallet website: https://atomicwallet.io/

Tron Wallet type: Desktop client

Ease of use: Easy to use

Safe:  Safe

Cost: Free

The atomic wallet enables users to buy, sell, and store more than 300 cryptocurrencies using its built-in atomic swap exchange. Major currencies supported include Bitcoin, Ethereum, XRP, Litecoin, 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 wallet 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 wallet transparent and reliable.  The following highlights make Atomic  one of TRX’s best wallets.

  • Atomic swap technology: the wallet 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, Changelly, and ChangeNOW exchanges to support coins not supported by the swapping technology.
  • Secure: the wallet 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 wallet to store 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 wallet, users are able to buy cryptocurrencies such as Bitcoin, Litecoin, or TRX using their bank cards. The wallet accepts major world currencies, such as USD, EUR, as well as any other local currency worldwide.

Tronscan Tron official listed as one of best Tron wallets

Source: coinbureau.com

6. TRON Mobile Wallet

Tron Wallet website: https://developers.tron.network/docs/android-wallet

Tron Wallet type: Web

Ease of use:  Easy to use

Safe:  Safe

Cost: Free

Also known as TRON Android Wallet, this wallet 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-wallet that enables users to store and secure their TRX coins. With such noble features, this one is definitely one of TRON’s best wallets.

TRON Android wallet 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 wallet is popular because it is the most recommended wallet for Android users.

With it, users are able to import a wallet 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 wallet 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, token distributions, and accounts.

Tronscan listed as one of best Tron wallets

Source: Reddit.com

7. TronScan

Tron Wallet website: https://tronscan.org/#/wallet/new

Tron Wallet type: Web

Ease of use:  easy to use

Safe:  Medium

Cost: Free, downloadable

Also known as one of the main TRON wallets, TronScan is a TRX online wallet that provides easy and quick storage to TRX coins. Getting started with the wallet is easy with a straightforward sign-up process. Users are able to save a copy of their private key automatically and the wallet’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 wallet, you just have to keep your private keys secret.

With this wallet, 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 wallet, but the interface is easy for users to navigate and store their assets.

It’s always not a good idea to release a large number of coins into an online wallet, 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.

8. Exodus Wallet

Tron Wallet website: https://www.exodus.io

Tron Wallet type: desktop client web

Ease of use: Simple

Safe: Secure

Cost: Free

Exodus is a cryptocurrency wallet that was launched back in 2016 and that offers solutions to cryptocurrency users that want to store digital currencies. Although the wallet offers support for many virtual currencies and is not focused solely on Tron, there are some features that lack from it. 

Using this wallet would provide users with a secure way of holding their TRX coins and also have other virtual currencies in just one application. Some of the features that lack include support of TRC Token and dApps. 

This desktop wallet will provide users with the possibility to keep their TRX tokens in an easy way without having to use different wallets to manage their virtual currencies. 

9. Bitpie Wallet

Tron Wallet website: https://bitpie.com/

Tron Wallet type: mobile client

Ease of use: Simple

Safe: Secure

Cost: Free

This wallet is not so known by most of the users but it has many different features that would be very useful for Tron enthusiasts. The wallet supports TRC-10 and also TRC-20 tokens. For digital assets such as the Tether (USDT) launched on the Tron network or the BitTorrent Token (BTT). 

Bitpie is also very useful for those interested in other cryptocurrencies, including EOS. This is because they have also support for three dApp markets: Tron, Lapp (related to the Lightning Network) and EOS. That means that individuals will be able to easily use the applications based on the Tron network and that require users to have a TRX wallet. All these features make of Bitpie a very flexible and versatile wallet for Tron users. 

Buy Some TRX For Your Tron Wallets

Want to learn more about TRON? Read about how Tron’s transactions have passed other major coins in our in-depth article. You can also read about how Tron’s price was boosted earlier this year with the rumor of a big partnership.

Interested in investing in Tron? You’ll want to start with our Tron price prediction article as well as our analyst’s read on TRX trading in our Tron Technical Analysis.

The best place to buy, trade or exchange TRX is on Binance. After, you can utilize one of the great Tron wallets listed above for safe keeping!

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