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10 Best TRON (TRX) Wallets for Secure Storage (2024)

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Selecting the best Tron wallet from a multitude of choices can be daunting. To streamline the process, we’ve evaluated the ten best Tron wallets to assist you in discovering the perfect TRX wallet to suit your needs.

Our best Tron (TRX) wallets for secure storage and management in 2024

Key Takeaways
  • 1. swissmoney wallet
  • 2. Atomic Wallet
  • 3. Trust Wallet
  • 4. Exodus Wallet
  • 5. Ledger Nano X Wallet
  • 6. Trezor Wallet
  • 7. Guarda Wallet
  • 8. Coinomi Wallet
  • 9. YouHodler Wallet
  • 10. TronLink Wallet

Let’s explore each option on our list in more detail.

#1 swissmoney wallet

Swissmoney financial solution provider logo

swissmoney, introduced in 2021, swiftly captured the interest of digital asset holders. 

Crafted by blockchain and cybersecurity experts in Switzerland, this platform prioritizes user-friendly interfaces and secure wallet solutions, effectively addressing the hurdles posed by traditional banks’ aversion to cryptocurrencies.

Pros:

  • Intuitive interface.
  • Comprehensive solution: encompasses an account, multiple crypto wallets, and a payment card.
  • Flexible card transaction limits.
  • A streamlined onboarding process.

Cons:

  • Currently, there is a limited range of supported currencies.

Key features:

  • Wallet type: Software custodial wallet.
  • Supported cryptocurrencies: 5
  • TRX deposit/withdrawal fee: Free TRX deposit and 8 TRX for withdrawal.
  • Security features: Encryption, 2FA, KYC, and data access restrictions provide offline cold storage solutions. The Bank of Lithuania safeguards fiat money in dedicated IBANs, ensuring the lowest risk level in BankFrick’s pooled accounts.
  • Deposit methods: SEPA and SWIFT bank transfers; credit/debit card deposits; direct cryptocurrency deposits from personal Tron wallet; open banking.
  • Crypto exchange: Yes.
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#2 Atomic Wallet

atomic wallet

Atomic Wallet, founded in 2017 and headquartered in Tallinn, Estonia, is a versatile cryptocurrency app.

Its user-friendly and decentralized nature makes it a top choice for storing, sending, and receiving crypto while extending support to other networks like Binance Smart Chain and Monero.

Pros:

  • No accounts, verification, or KYC for basic features in the wallet.
  • Simple user interface.
  • 24/7 customer support.

Cons:

  • The integration with hardware wallets is still pending.
  • There is a flat 2% fee ($10 min) for buying cryptocurrency with fiat.
  • In June 2023, a security breach led to reports of missing funds from the wallets of Atomic Wallet users.

Key features:

  • Wallet type: Non-custodial software desktop and mobile wallet.
  • Supported cryptocurrencies: 300+
  • TRX deposit/withdrawal fee: None. 0.5% swap fees and partners’ commission.
  • Security features: 12-word backup phrase, encrypted private keys.
  • Deposit methods: Direct deposits from another Tron wallet.
  • Crypto exchange: Yes.

#3 Trust Wallet

Trust wallet

Trust Wallet is a Web3 wallet enabling crypto buying, selling, swapping, reward earning, NFT management, and DApp discovery. It offers mobile and browser extension variants.

Trust Wallet prioritizes security with features like Secure Enclave and biometrics, eliminating the need to share personal details. In summary, it’s user-friendly and exceptionally secure.

Pros:

  • Enables access to Web3 decentralized applications (dApps) and DeFi protocols.
  • Provides support for NFTs and access to NFT marketplaces.
  • Does not necessitate personal data.

Cons:

  • Beginners may find advanced features difficult to navigate.
  • The majority of coins are exclusively supported on mobile devices.

Key features:

  • Wallet type: Self-custodial software wallet.
  • Supported cryptocurrencies: 140+
  • TRX deposit/withdrawal fee: None.
  • Security features: Alerts for risky addresses and dApp connections, risk monitoring tools, independent security audits, bug bounty, Encrypted Cloud backup, and zero personal tracking provide security features.
  • Deposit methods: Direct crypto transfer from a Tron wallet; third-party platforms; P2P marketplaces; DApps and DeFi protocol; DEX swap.
  • Crypto exchange: Yes.

Ready to cash out? Learn How to Withdraw From Trust Wallet

#4 Exodus Wallet

exodus

Established in 2015, Exodus is a user-friendly multi-asset software wallet designed to simplify cryptocurrency and digital asset management for everyone, prioritizing intuitive design over technical complexity.

Exodus provides versatile mobile, desktop, and Web3 wallets, accommodating TRX and various other cryptocurrencies. Its user-friendly and secure interface is accessible across desktop (Windows, macOS, Linux) and mobile (iOS, Android) platforms.

Pros:

  • Intuitive interface for an excellent user experience.
  • Built-in exchange functionality.
  • In-wallet staking rewards.
  • Accessible on desktop and mobile devices.

Cons:

  • Security might not match cold storage alternatives in robustness.
  • Limited customer support options.

Key features:

  • Wallet type: Self-custodial software wallet.
  • Supported cryptocurrencies: >100
  • TRX deposit/withdrawal fee: None.
  • Security features: Self-custody solution, dedicated teams working on application security, cloud security, and attacker simulation.
  • Deposit methods: For crypto deposits, options include P2P Marketplaces, DEXs, and transferring from another wallet. There are no direct fiat currency deposits available.
  • Crypto exchange: Yes.

#5 Ledger Nano X Wallet

ledger nano x

Established in 2014, Ledger is a burgeoning company founded by blockchain security experts to secure the blockchain revolution. They provide tailored solutions for protecting crypto assets for banks, hedge funds, and high-net-worth individuals.

Additionally, Ledger partners with prominent industry players on various blockchain applications. Their flagship hardware wallet, Ledger Nano X, supports over 1,800 cryptocurrencies and is compatible with iOS, Android, and Windows platforms.

Furthermore, it operates on its proprietary Blockchain Ledger Operating System.

Pros:

  • Access to Ledger Live mobile app.
  • Enhanced security features.
  • Large storage capacity.
  • Bluetooth connectivity.

Cons:

  • Higher price.
  • The setup process may be complex.

Key features:

  • Wallet type: Hardware wallet.
  • Supported cryptocurrencies: 1,800+
  • Price: €149
  • TRX deposit/withdrawal fee: Third-party providers set it.
  • Security features: CC EAL5+ certified secure chip, 4 – 8 digit PIN code, offline solution.
  • Deposit methods: Bank transfer; credit and debit card.
  • Crypto exchange: No.

#6 Trezor

Trezor

According to Trezor, developed by SatoshiLabs in 2014, its wallet is the original and most trusted hardware wallet globally.

Trezor is renowned for producing top-quality hardware wallets, with the Model T considered its premium choice. It ensures security by keeping keys offline, requiring transactions to be confirmed on the device.

Additionally, the Model T features a microSD slot for encrypted storage, connects to mobile devices via USB-C, and boasts an intuitive user interface. Compared to cheaper Trezor wallets, it offers superior security and advanced features.

Pros:

  • Quad-core ARM processor ensures swift performance.
  • Full ownership of your coins.
  • Convenient access to recovery seed.
  • Supports most major cryptocurrencies.

Cons:

  • Absence of Bluetooth connectivity.
  • Higher price compared to alternatives.

Key features:

  • Wallet type: Hardware wallet.
  • Supported cryptocurrencies: >1,600
  • Price: €59-179.
  • TRX deposit/withdrawal fee: Third-party providers set it.
  • Security features: The wallet secures transactions offline, supports recovery seed (wallet backup), and offers PIN and passphrase protection. It also includes Tor protection and an incognito option.
  • Deposit methods: Third-party services; DEXs; direct transfer from another Tron wallet or exchange to your unique Trezor address; P2P.
  • Crypto exchange: Yes.

#7 Guarda Wallet

guarda wallet logo

Guarda launched its first wallet in 2017. Since then, they’ve expanded to offer a range of secure digital wallets for easy cryptocurrency storage and management.

According to Guarda, their team prioritizes decentralization and supports over 45 major blockchains, 400K+ tokens, and various stablecoins. Their products are accessible on any browser, operating system, and smartphone.

Pros:

  • No need to enter personal data to create a wallet.
  • Available to iOS and Android users.
  • Good security measures.

Cons:

  • Wallet’s closed-source code may raise security concerns.
  • Some users have reported relatively high trading fees.
  • Limited support for non-fungible tokens (NFTs).

Key features:

  • Wallet type: Web wallet.
  • Supported cryptocurrencies: 50+
  • TRX deposit/withdrawal fee: Network fee, commission of exchange partners is about 0.5% per transaction, fee for fiat-to-crypto exchange and crypto-to-fiat partners typically range from 2%.
  • Security features: Non-custodial solution, Touch ID, open-source
  • Deposit methods: SEPA transfers; Visa and MasterCard purchases; Apple Pay; Union Pay.
  • Crypto exchange: Yes.

Want to sell crypto? Learn How to Exchange Crypto to Fiat

#8 Coinomi Wallet

coinomi wallet

Back in 2014, a team of blockchain technology experts, well-versed in fintech, cryptocurrencies, and entrepreneurship, introduced the Coinomi Wallet.

This multilingual hot wallet prioritizes top-notch security for user funds. With a focus on privacy, the wallet supports 125 blockchains and offers availability in 25 languages, including German and Portuguese.

Pros:

  • User-friendly interface.
  • In-wallet exchange feature.
  • Non-custodial Tron wallet, offering full control over user funds.

Cons:

  • Closed-source code.
  • Lack of cold storage options.
  • Limited transparency.

Key features:

  • Wallet type: Multichain wallet.
  • Supported cryptocurrencies: 60+
  • TRX deposit/withdrawal fee: None.
  • Security features: Strong wallet encryption, recovery phrase, and local storage, the wallet can be used as a paper wallet.
  • Deposit methods: Direct TRX deposits from Tron wallet or a crypto exchange; Bitcoin ATM. You cannot deposit fiat directly into Coinomi.
  • Crypto exchange: Yes.

#9 YouHodler Wallet

youhodler logo

YouHodler is a versatile FinTech platform offering various Web3 crypto and fiat services. Their wallet is for active HODLers, allowing them to use their digital assets beyond holding and trading. YouHodler supports major fiat currencies and all major cryptocurrencies and tokens.

They provide crypto-fiat wallets with integrated exchange, trading, lending, and crypto-rewards services alongside traditional payment methods like bank and card payments.

Pros:

  • Offers a payment card for fiat operations.
  • The platform offers crypto loans.
  • A user-friendly interface simplifies managing coins and tokens.

Cons:

  • Unavailable in the U.S.
  • The platform has minimum investment requirements.
  • The platform’s Turbocharge and MultiHODL functions encourage users to take risks with their investments.

Key features:

  • Wallet type: Mobile wallet.
  • Supported cryptocurrencies: 50+
  • TRX deposit/withdrawal fee: Free deposits. The actual withdrawal fees are available in the withdrawal form on the wallet page.
  • Security features: 2FA and 3FA features, data encryption.
  • Deposit methods: Bank transfer; card payment; Apple Pay; direct transfer from a Tron wallet; AdvCash service.
  • Crypto exchange: Yes.

#10 TronLink

tronlink wallet logo

TronLink is the official Tron token wallet app created by Justin Sun, the Tron network founder. It’s a secure, decentralized wallet for storing, receiving, and sending TRX, TRC10, and TRC20 tokens.

TronLink simplifies access to the Tron Blockchain and is available as a Chrome extension and on Android and iOS platforms.

Pros:

  • Offers seamless access to DApps.
  • Simple and user-friendly.
  • Multisignature feature
  • Access to trending Web3 DApps in DeFi, social media, and gaming

Cons:

  • There are claims of funds disappearing without a record.
  • Some users have reported dissatisfaction with the customer service.

Key features:

  • Wallet type: Hot multi-platform wallet.
  • Supported cryptocurrencies: 80
  • TRX deposit/withdrawal fee: N/A.
  • Security features: Local private key storage, multi-layer algorithm encryption, hot and cold wallets, free node switching, and auto reconnection.
  • Deposit methods: Direct deposits from a Tron wallet or exchange.
  • Crypto exchange: Yes (swaps using DEX).

What is a Tron (TRX) wallet?

A Tron (TRX) wallet is a digital tool that enables users to store, send, and receive Tronix (TRX), the native cryptocurrency of the Tron blockchain.

Tron operates as a decentralized blockchain-based operating system, providing high throughput, scalability, and availability for Decentralized Applications (DApps) within its ecosystem.

TRX serves various functions, including payments, purchases, and voting within and beyond the TRON ecosystem. Users can store TRX using different Tron wallet types, such as hardware, software, and mobile wallets.

Read More:  TRON (TRX) Wallet: All you need to know

How to choose a Tron (TRX) wallet

When choosing a Tron wallet, it’s crucial to consider several key factors to ensure the security and convenience of managing your cryptocurrency. Here’s a structured guide to help you make an informed decision:

Wallet type

There are various types of crypto wallets with their strengths and weaknesses. When choosing a Tron wallet, think of your own needs.

  • Hot wallets are convenient for frequent transactions and accessible online.
    • Software wallets are installed on devices, offering flexibility and accessibility. They include mobile wallets and desktop wallets.
      • A mobile wallet is an app designed for mobile devices, offering convenience and accessibility.
      • A desktop wallet is software installed on a computer.
    • Web wallets are online platforms that allow users to store, send, and receive cryptocurrencies directly from their web browser.
  • Cold wallets provide enhanced security by storing TRX offline.
    • Hardware wallets are physical devices that provide maximum security by storing private keys offline.

Related: How to Choose Crypto On and Off-Ramp Platform

Custodianship

Investors face a choice between custodial and non-custodial Tron wallets. Custodial options are simpler for beginners, while non-custodial ones offer experienced users greater control.

The primary functional difference? Put simply, it’s who safeguards the TRX token.

Custodial wallet

Custodial wallets withhold access to users’ private keys as the custodians safeguard the TRX tokens.

A custodial wallet provider tasked with holding users’ private keys for crypto-assets and executing transactions on their behalf falls under the category of a VASP. Cryptocurrency exchanges and wallet service providers represent examples of custodians offering such interfaces and software.

Typically, wallet creation is free, with these intermediaries primarily generating revenue from trading fees. Their operations resemble those of banks, furnishing accounts for engaging with the financial system.

Looking for a custodial wallet? Check our list of Best Custodial Wallets for Crypto

Non-custodial wallet

Non-custodial wallet users are responsible for storing private keys (or passwords), thus willingly subjecting themselves to cybersecurity vulnerabilities.

Non-custodial wallets are inexpensive and straightforward to create and use. They grant access to decentralized finance and other peer-to-peer applications, providing economical financial services and products.

Want to learn more about non-custodial wallets? Here is the Non-Custodial Wallet Explained

Security

The level of security in Tron wallets varies based on the type used. Here is a list of security features you should look for:

  1. Encryption and password protection.
  2. Two-factor authentication (2FA).
  3. Recovery and backup options in case of loss.
  4. Fingerprint or face recognition for extra security.
  5. Hardware wallet integration for long-term security.

Moreover, remember to research the reputation of the wallet provider and ensure it supports TRX tokens. Look for wallets endorsed by the Tron community or reputable sources.

Also, consider using a mix of wallets for different needs. For instance, keep some TRX in a hot wallet for easy access and staking while storing the rest in a secure hardware wallet for long-term safekeeping.

Fees

Review any fees associated with using the wallet, including transaction and withdrawal fees, and compare them across different options to find the most affordable one.

Wallet pricing varies based on type. Hardware wallets typically range from €50 to €200, while TRX deposit and withdrawal fees depend on third-party providers. On the other hand, hot Tron wallets are usually free but still incur deposit and withdrawal fees.

It’s crucial to carefully assess these fees, as they vary depending on the type of transaction and platform used. Some platforms may offer lower fees for transactions within their ecosystem or utilizing their native blockchain.

Related: How to Withdraw Crypto to Bank Account

Tron (TRX) hot wallet

A Tron (TRX) hot wallet is an internet-connected cryptocurrency storage option. It’s ideal for fast access to TRX, active trading, and mobile use.

Hot wallets come in various forms: desktop, mobile, web-based, or exchange-based storage. They’re typically free, easy for beginners, and smoothly integrated with decentralized platforms.

Pros of Tron (TRX) hot wallet:

  • Fast and easy access to TRX, ideal for active traders and users needing on-the-go access.
  • Usually, it is free and user-friendly, making it great for cryptocurrency newcomers.
  • Typically integrate smoothly with decentralized applications, ensuring a seamless user experience.
  • Facilitate quick global transactions, perfect for users needing rapid TRX transfers.

Cons of Tron (TRX) hot wallet:

  • Unlike cold wallets, they may have lower security levels since they’re always connected to the internet, making them more vulnerable to hacking attempts.
  • There can be hidden fees, so carefully examine the fee structure before choosing one.

Most popular hot Tron wallets:

  • swissmoney: A software wallet that supports Tron and other cryptocurrencies.
  • Atomic Wallet: A software wallet known for its ease of use and Tron staking feature.
  • Trust Wallet: A software wallet focusing on safety and Web 3.0 browser integration.

Tron (TRX) cold wallet

A Tron cold wallet is an offline cryptocurrency storage method, meaning it’s not connected to the internet. It’s ideal for long-term TRX and cryptocurrency storage, perfect for users aiming to hold their assets for an extended time.

Cold wallets, like hardware and paper wallets, provide enhanced security compared to hot wallets, as they’re less prone to hacking attempts.

Pros of Tron (TRX) cold wallet:

  • Cold wallets are less vulnerable to cyber-attacks, making them ideal for long-term storage.
  • You have full control over your digital assets, as your private keys are stored offline.
  • Safe storage of various cryptocurrencies.

Cons of Tron (TRX) cold wallet:

  • It is less convenient for everyday transactions due to being offline, making them better suited for long-term storage.
  • It can be relatively costly, which may not be ideal for those with a small crypto portfolio or short-term trading strategies.

Most popular cold Tron wallets:

  • Trezor Model T: A hardware wallet known for its high level of security.
  • Ledger Nano X: Another hardware wallet that prioritizes security and supports a wide range of cryptocurrencies.

What are the safest Tron wallets?

The safest Tron wallets are Ledger, swissmoney, Trezor, and Trust Wallet.

What is the best hardware wallet for Tron?

According to various sources, the Ledger Nano X is widely regarded as the best hardware wallet for Tron. It boasts high-security ratings and can store  5500+ crypto assets.

With advanced security features like offline private key storage, it’s resistant to malicious attacks, making it a dependable option for storing TRX and other cryptocurrencies.

Best mobile wallet for Tron?

The best mobile wallet for Tron is Trust Wallet, officially endorsed by the TRON Foundation for storing TRX on iOS and Android devices. It’s a multicurrency wallet known for features like TRX staking and is recognized for its security and easy-to-use interface.

Another popular option is the swissmoney wallet with a virtual payment card. The app is available on iOS and Android and offers swift onboarding processes. It has advanced security features and a simple user interface.

Best software wallet for Tron?

The best software wallet for Tron depends on your individual needs and priorities. Here are our top picks:

  1. swissmoney
  2. Trust Wallet
  3. Atomic Wallet
  4. Exodus
  5. TronLink

Conclusion

Choosing the best Tron wallet can feel overwhelming with so many options available. To help, we’ve reviewed the top 10 Tron wallets for secure storage and management in 2024.

Whether you prefer the sleek interface of swissmoney or the robust security of Ledger Nano X, each option offers unique features to suit your needs. With the help of this guide, finding the perfect TRX wallet is easy and ensures your digital assets are safe and secure.

Methodology: How we chose the top Tron wallets

We conducted a thorough assessment to identify the top Tron wallets by consulting independent sources and user feedback. 

Our evaluation considered various factors such as features, advantages, disadvantages, security measures, pricing, and supported currencies. We collected information actively from official websites and reputable review platforms.

Our focus was on Tron wallets that offer competitive fees, robust security protocols, and advanced trading functionalities. Additionally, we analyzed trading tools and deposit options, presenting our findings in the provided summaries.

FAQ

Which is the best Tron wallet?

The best Tron wallets include hardware, software, and mobile options. Our recommended wallets are:

  • Ledger Nano X: A highly secured hardware wallet that can store over 5500 crypto tokens.
  • swissmoney: This mobile and software wallet supports TRX storage on iOS and Android devices. It’s known for its security and user-friendly interface. Additionally, it offers features such as a virtual payment card and easy crypto exchange.
  • Trust Wallet: This endorsed mobile and software wallet, backed by the TRON Foundation, facilitates TRX storage on iOS and Android devices. Its reputation lies in its robust security, intuitive interface, and functionalities such as TRX staking.

Where can I buy Tron (TRX)?

You can buy TRX from various platforms, including exchanges and online services. Some popular options are:

  1. swissmoney
  2. Kraken
  3. Crypto.com
  4. ByBit
  5. Coinbase

Considering buying digital assets? Learn about fiat to crypto exchanges

Is Tron wallet free?

Whether the Tron wallet is free depends on its type. Some software Tron wallets like swissmoney are free to get but incur transactional fees. On the other hand, hardware wallets are physical objects and have their price.

Related:

Živilė Šarkauskaitė

Živilė is a writer with a diverse background, having worked with tech start-ups and pioneering brands across various industries. Her profound interest in progress and innovation drives her to the field of Fintech, a realm that sparks her curiosity and inspires her to share insights with others.

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