Digital currencies are gaining popularity as the months roll by. Tron (TRX), the brainchild of Justin Sun has come a long way since its inception. The blockchain aims at reinventing the entertainment industry. TRX, the official crypto coin of the project is aiming for the top 10 coins by market capitalization. As 2018 draws to a close, hopes are high that investments in the coin will pay off in the coming year.
Since the launch of the main network, it ceased to be an ERC-20 token. This means that it is now a native token. Therefore, there is need for dependable wallets to hold the asset. If you have some of the TRX token, you’ll need to find safe storage for it. On the other hand, there are few wallets that specifically accept the coin. If you want to invest in Tron (TRX) in 2019 or looking for where to store your TRX, here are the best Tron (TRX) wallets you should check out in 2019
The wallet took a walk from traditional digital wallets. The hardware wallet (Ledger Nano S) lets you store your assets offline. The USB-type wallet connects to your computer through a USB cable. Apart from coin storage, you can also store your crypto private keys. There is a built-in screen for physical verifications of transactions. The process and the secure chip is added security.
Also, the wallet is in line with the overall essence of hardware wallets – maximum security. There is a lanyard that allows you wear it around the neck; a recovery sheet and support for customized texts into the recovery options. Ledger Nano uses a 4 digit-PIN for security and backup on the recovery sheet.
The web-based Tronscan Wallet lets you store your assets on the web. However, it is a risky venture; especially when a user forgets his private keys. Aside the below-the-par user interface, the wallet lets you store your assets without hassles. In addition, transactions histories like previous value transfer can be traced
The open-source wallet lets you store and make payments with your assets. Transactions are secure with the wallet. Also, multiple accounts can be managed from one interface. The wallet lets you save address of beneficiaries. There is the peer-to-peer exchange which is accessed with the TWX token. The autonomous exchange lets users connect to the hub and use the smart contracts to purchase tokens. The Tron Wallet also has variations such as the Android and iOS platforms.
Even though cryptocurrencies are free of influence, there are several hacks going on. It is important to have a wallet that not only stores your tokens but also allows you swift access.
In time past, Tron (TRX) reeled out different wallets for asset storage. The Ledger Nano S, Tronscan Wallet and the Tron Wallet based in my opinion are so far are the best three wallets for Tron (TRX) in 2019.
The coming year (2019) will record landmark events in cryptocurrencies in particular and the blockchain technology in general. A better way to get ready for the bulls is having a viable wallet to store your Tronix (TRX) token.
Lawal Khalid Abiola is a creative writer, entrepreneur and innovation lover. He contributes to platforms like ThriveGlobal, and also an editor at PRKnot, a Public Relation firm at its threshold.
Lawal Khalid Abiola is an avid lover of Cryptocurrency.