After investing in Tron cryptocurrencies, one of the major issues is to keep your TRX coins safe and secure. As crypto coins and tokens are not simple coins that’s why, they can’t be kept in your drawer or pocket. You need a secure vault to keep your coins safe and undetected. That’s where crypto wallets come into play.
In this post, we are going to talk about things you should consider while choosing the right Tron wallet.
Things You Should Consider While Choosing the Right TRON Wallet
Whenever you are looking for a Tron wallet to store your TRX token, then you need to keep the following things in mind
Easy To Operate:
One of the major areas that should be taken care of while looking for the perfect wallet is to choose a wallet that comes with a straightforward interface and is easy to operate. Usually, cryptocurrencies wallets are complicated and can be a little bit difficult to use in the starting.
Control Your Private Keys:
First and foremost, priority is security when storing Tron TRX tokens in a wallet. So, it is mandatory to choose a wallet that lets the token holder retain control of the private keys. If, the wallet chosen, doesn’t allow you the full access and control of your private keys, this means you haven’t chosen the right wallet.
It is highly recommended to go for a wallet that is compatible with your TRX tokens or any other cryptocurrency because as of now there is no wallet that can support all the cryptocurrencies available.
Customer Support and Ongoing Development:
It is one of the essential key factors that must be considered while selecting the right Tron wallet. You should always choose a wallet that is constantly being developed and upgraded with new functions and features. Moreover, customer support wallets can easily help you to validate your issues and questions.
Advanced Security Features:
It is important to know on what measures your wallet offers protection of your coins against hacking, stealing and theft. Besides secure PINs and password, you can go for two-factor authentication to add an extra layer of security to your funds.
Now, let’s discuss about Tron wallets to safeguard your coins and tokens without any trouble:
Ledger Nano S
Wallet Type: Hardware
Cryptocurrencies Supported: ERC20, BCH, BTC, LTC, ETH, ZEC, DASH, NEO, ETC, XLM, XRP, EOS, BTG, XST and many more.
It is a hardware wallet that is considered as one of the most reliable platforms to store your cryptos. Ledger Nano S is not only a user-friendly wallet to safeguard your coins but also accept a great number of cryptos that means it provides supports for Dash (DASH), Litecoin (LTC), Tron (Trx) and Bitcoin (BTC). In fact, Ledger Nano S is compatible with various cryptocurrencies such as TRX token (Ethereum-based) and MyEtherWallet.
The wallet allows you to quickly connect your wallet with your system and exchange your coins with another wallet. Moreover, it is possible to store majority of the tokens on Ledger Nano. This cryptocurrency wallet gets connected to your machine using USB and never lets you compromise on your security and privacy.
Benefits of Using Ledger Nano S:
- It offers advanced level of security to its users.
- Ledger Nano S is a wallet that is compatible with various cryptocurrencies.
- It is a wallet that is easy to set up, simple to use and straightforward crypto management.
Wallet Type: Web
Cryptocurrencies Supported: ETH20, EOS, ETC and ETH.
MyEtherWallet is a popular and most used cryptocurrency wallet that is used to store and exchange coins from one wallet to another wallet. As numerous wallet asks you to hand control your private keys from a third party wherein this wallet lets you secure and safeguard your private key by evading the involvement of the third party on your own system. Moreover, it is an open-source wallet that is created to give an easy and most convenient way to manage your Tron TRX coins.
Benefits of Using MyEtherWallet:
- It is simple to use and has an easy interface. With MyEtherWallet, you can also interact with smart contracts
- MyEtherWallet comes handy to manage tokens.
- It focuses on user’s security and privacy & allows to retain your private key.
Wallet Type: Mobile
Cryptocurrencies Supported: ETH, ERC20, TRX, BTC, EOS and over 500 cryptocurrencies are also supported by Eidoo.
Eidoo is one of the preferred mobile wallet and Tron wallets to safeguard your coins, which can be used by Android devices as well as by iOS devices. This wallet acknowledges numerous cryptocurrencies like Tron and Bitcoin. Moreover, it is not only an encrypted tool that helps you to store your coins safe and secure but also allows the crypto holders to have entire control of their keys.
Why you should go for Eidoo Wallet:
- It keeps a wide-range of tokens.
- Eidoo is easy to manage wallet that can be used smoothly by beginners.
- It is a mobile wallet that allows you to track your transactions with ease.
Wallet Type: Hardware
Cryptocurrencies Supported: LTC, ERC20, BTG, BTC, EXP, BCH, ETH, EXP, DASH and many more.
TREZOR is another hardware wallet that is designed to provide convenience to manage and store coins and tokens. This wallet works quite similar to Ledger Nano S. It is a chargeable wallet, however as compared to its features and its capabilities, it is totally worth paying for the wallet. TREZOR is fully concern about the security and privacy and offers two-factor authentication to safeguard your transactions and their information.
Benefits of using TREZOR?
- TREZOR wallet offers tons of security feature so you never end up compromising on your security and privacy.
- Like MyEtherWallet and Ledger Nano S, TREZOR is an easy to use and simple to set up for beginners.
- TREZOR provide assistance for an expansive range of digital currencies such as Litecoin, Ether, Bitcoin (BTC), Tron (TRX) and Dash.
Wallet Type: Web
Cryptocurrencies Supported: ETH
Last but not the least, MetaMask is a secure identity vault that gives a user interface to cope your identities on various websites and transfer Blockchain transactions from one wallet to another with ease. You can access MetaMask add-on in almost all the available platforms such as Brave, Firefox, Chrome, and Opera. Moreover, you can easily run Ethereum dApps in your browser without running a full Ethereum node.
Advantages of using MetaMask wallet:
- Available on almost every platform be it Firefox or Chrome.
- It is the most suitable method to cope up with your coins.
- MetaMask is one of the quickest and easiest ways to access to the Ethereum network.
These are some of the Tron wallets to safeguard your coin that you can use and all the wallets are reliable. However, you can choose the one depending upon your preferences.