Top 7 TRON (TRX) Wallets In 2024

Choosing a TRON Wallet

The TRON ecosystem is vibrant with several dApps and emerging projects. You need a reliable wallet to engage and participate in the TRON community and so your choice of wallet should reflect your need for security and convenience. Some popular wallets you can consider are: Trust Wallet, TronLink, Klever Wallet, TotalSig, and Ledger Stax. 

The wallets listed below are some of the popular ones in the TRON ecosystem. This list is not exhaustive and they are listed based on traffic data from SimilarWeb (first for software wallets, then for hardware wallets).

Key Takeaways

• TRON is a high-throughput decentralized blockchain that supports smart contract with high throughput, enabling developers to deploy their own dApps. Nearly 200 million accounts are active at the time of writing.

• Users can choose either software or hardware wallets to store their TRX and TRC-standard tokens.

• Most TRON software wallets are free. Some may offer a fremium model. Top TRON hot wallets include Trust Wallet, TronLink, Clever Wallet, and TotalSig.

• Hardware wallets are typically more expensive and vary based on the sophistication of the product, its features, and the brand. Top TRON cold wallets include Ledger, Illipal, and KleverSafe. 

• Using a hardware wallet for long term storage of TRON assets and a software wallet for regular DeFi interaction is a good practice.

TRON is a decentralized, open-source blockchain platform that supports smart contracts. It is also compatible with Ethereum, where developers can  It has its own native cryptocurrency called Tronix or TRX.

It was founded in 2017 by the Singapore-based non-profit organization, the Tron Foundation, with the goal to host a global entertainment system for cost-effective sharing of digital content. The platform was designed to eliminate middlemen and allow content creators to sell their work directly to consumers.

TRON's creation is rooted in the vision of its founder, Justin Sun, to decentralize the internet beginning with the entertainment industry, aiming to give creators and consumers more control and flexibility over their content and transactions. TRON is now focused on more than just the entertainment industry, with the goal of building the infrastructure for a truly decentralized internet.

The TRON Foundation acquired BitTorrent, Inc. in 2018, bringing the popular peer-to-peer file-sharing protocol under the TRON umbrella. BTFS utilizes aspects of the BitTorrent ecosystem and TRON network to create a more robust and scalable decentralized file storage system for integration with dApps and smart contracts.

There have been over 438 million wallets created on the BTFS network, with more than 6 million of those wallets associated with TRON addresses.

At the time of writing, over $8 billion worth of assets are locked in the TRON blockchain. There has also been a surge in TRON-based stablecoins, like USDT, TUSD, USDC, USDD, and USDJ, amounting to over $50 billion in value. 

Based on data from TRONSCAN, there are over 232 million TRON accounts – making it one of the biggest DAOs in the world.

In this article, we explore seven popular wallets for TRON, breakdown some of their key features, and also highlight the different aspects of their security. Do note that this list is not exhaustive of all available wallets, and that there are other great wallets for storing your Tron assets. 

Trust Wallet: Multi-Chain Crypto Wallet

Trust Wallet is a popular mobile wallet backed by Binance, available for iOS and Android. While not exclusively focused on TRON, it provides reliable support for storing and managing TRX alongside a massive array of other cryptocurrencies and tokens, including bitcoin (BTC) and Ether (ETH).

While Trust Wallet's code is partially open-source, they have undergone audits by reputable independent security firms like Halborn, Certik, and Kudelski security. These audits focused on the wallet's overall architecture and smart contract code. The wallet is also ISO 27701-certified, which ensures the company maintains an effective privacy and information security system. 

Trust Wallet has a user base of over 60 million, highlighting its popularity and widespread use among crypto enthusiasts. The wallet is available as both a mobile app and a browser extension.

Trust Wallet has faced several security incidents and accusations involving money losses over the past year. In one notable incident, Trust Wallet discovered a vulnerability in their browser extension that led to unauthorized transfers of users' assets. This vulnerability was associated with the wallet's WebAssembly (WASM) code and affected wallets created between November 14 and 23 in 2022. The issue was identified by a security researcher and has since been addressed.

Trust Wallet took proactive measures to notify affected users and set up a reimbursement process for those who experienced losses due to the vulnerability. The total reported loss from this incident was approximately $170,000, which the company reimbursed to the users.

Key Features

• Supports a massive array of tokens beyond just TRON.

• Ideal for beginners in the crypto space.

• Swap between assets right from the app.

• Vast user base and active community.

• Backed by Binance and ISO-certified.

TronLink: TRON-Specific Wallet

TronLink stands as one of the most popular and officially endorsed TRON wallets with over 10 million users as of May 2024. It's available as both a browser extension (Chrome, Firefox, Edge) and a highly-rated mobile app (iOS and Android).

This wallet is highly regarded for its seamless integration with the TRON network, making it an ideal choice for anyone heavily involved in TRON-based activities.

The wallet allows storing and managing TRX tokens, as well as other TRC-10, TRC-20, and TRC-721 tokens.

TronLink has implemented multi-layer algorithm encryption to ensure the safety of user data. The wallet uses a hierarchical deterministic (HD) approach, generating multiple keypairs (private and public keys) from a single root, which is represented by a mnemonic code phrase.

SlowMist has audited TronLink’s browser extension, iOS app, and Android app.

Key Features

• TRON-specific wallet.

• Stake your TRX directly within the wallet.

• Interact with TRON-based decentralized applications effortlessly.

• Manage and store your TRON-based NFTs.

• Generates multiple keypairs.

Klever Wallet: Proprietary User-Centric OS

Klever Wallet (formerly TronWallet), available on iOS and Android, is a versatile non-custodial mobile wallet solution available for both Android and iOS devices. It goes beyond simply storing TRX, enabling users to buy, swap, and interact with dApps on its platform. 

Initially built as a TRON-specific wallet, the company soon rebranded from “TronWallet” to “Klever” and now accommodates multiple blockchains. Klever extends its capabilities to numerous major blockchains like Bitcoin, Ethereum, Solana, and more, and supports over 10,000 tokens and NFTs. 

The wallet's foundation is built on the proprietary Klever OS.

Klever OS is a security-centric operating system designed for decentralized applications. It emphasizes user control, simplified interfaces, and robust encryption.

Powering products like Klever Wallet and Klever Exchange, Klever OS features peer-to-peer architecture and military-grade security.

Klever OS aims to give developers the tools to create secure, user-friendly dApps and blockchain-based services, with an underlying focus on decentralization.

In 2023, there were reports of a hacking incident linked to an exploit capitalizing on a flaw in the algorithm used in earlier versions of the wallet, which compromised the security and unpredictability of generated keys, potentially rendering them susceptible to unauthorized access and other malicious activities. As a solution, Klever Wallet recommended users that possessed old wallets created on the platform before the release of Klever Wallet to create new wallets on Klever Wallet K5 or Klever Safe. 

Key Features

• Extensive support for numerous major blockchains including TRON.

• In-wallet exchange functionality for conveniently swapping cryptocurrencies.

• Stake various supported coins, including TRX.

• Built upon Klever's secure and user-focused operating system.

• Complements KleverSafe hardware wallet.

TotalSig: Multi-Sig For TRON

TotalSig is a multichain multi-signature wallet and is based on MPC protocol. One of the key features of TotalSig Wallet is its support for multiple blockchains, including major networks like Bitcoin, Ethereum, TRON, Binance Smart Chain, Litecoin, and more.

The wallet enables up to 32 co-signers, allowing for flexible and secure management of funds. It employs 256-bit security measures to protect users' assets and private keys. Additionally, TotalSig Wallet enables users to set up multisig wallets with various configurations, such as 2-of-3, 3-of-5, and more.

At the time of writing, TotalSig is available only as a Chrome extension. The wallet's user-friendly design caters to both crypto novices and blockchain experts, ensuring a smooth setup and user experience.

There is no specific mention of recent audits for TotalSig as of May 2024.

Key Features

• Multi-signature design for shared wallets (teams, DAOs, etc.).

• Flexible approval flows for robust asset management.

• Seamless interaction with the TRON network.

• Allows as many as 32 co-signers.

• Works on a subscription-based model.

Ledger Stax: New-Age Wallet for TRON

The Ledger Stax is a new-generation hardware wallet designed in collaboration with Tony Fadell (the principal designer behind the iPod). It emphasizes security, cutting-edge design, and an improved user experience, including interacting with the TRON blockchain.

The standout feature is a large, curved E-ink display (like an e-reader) that wraps around the spine of the device. This offers enhanced readability, transaction detail viewing, and NFT display capabilities.

While maintaining an air-gapped core, the Stax gives you the option of Bluetooth connectivity for convenience in conjunction with the Ledger Live software.

The wallet supports over 5,500 cryptocurrencies, including TRX (the native token of the TRON network), and offers a user-friendly interface for easy setup and management of your crypto assets. 

Ledger is a leading name in hardware wallets with a proven track record of security. Like other Ledger devices, the Stax utilizes a certified CC EAL5+ secure element chip to store your private keys offline.

Key Features

• E -ink touchscreen display.

• Supports over 5,000 cryptocurrencies and tokens.

• Users can personalize the wallet's appearance with their own images or NFTs.

• Collaboration with Tony Fadell (designer of the iPod) for a unique form factor.

• Inherits the strong security reputation of Ledger hardware wallets.

Ellipal Titan: Fully Air-Gapped TRON Wallet

Ellipal Titan is a premium hardware wallet renowned for its emphasis on security and offline storage of cryptocurrency assets. The core concept behind Ellipal Titan is its complete isolation from the internet. It never directly connects to Wi-Fi,Bluetooth, or cellular networks.

Instead of relying on traditional USB or Bluetooth connections, the wallet uses QR codes for data transfer. This method eliminates the risk of malware or hacking attacks, as there is no direct connection to the internet or other devices. Your private keys are stored within a tamper-proof CC EAL5+ certified secure element chip, the same level of security found in credit cards and passports. Titan can detect any physical tampering attempts and will automatically erase your data to protect your funds. It is also IP65 dust- and water-resistant. So, it is a good wallet to keep with you when you’re traveling.

For an additional layer of security, you can enable a passphrase that functions as an extra key on top of your seed phrase.

Key Features

• Air-gapped security.

• QR code communication.

• Large touchscreen.

• CC EAL5+ Secure Element.

• IP65 dustproof and waterproof rating.

KleverSafe: Portable TRON Hardware Wallet

KleverSafe is a hardware wallet companion designed to work exclusively with the abovementioned Klever Wallet app. It acts as an extra layer of security for authorizing transactions and storing private keys offline – think of it as an upgrade to your existing Klever Wallet experience.

Your private keys are stored within the KleverSafe device – completely airgapped – and you physically authorize transactions on the KleverSafe device, minimizing the risk of malware on your phone compromising your crypto assets. The wallet has acquired Common Criteria EAL5+ certification (an internationally recognized standard) for its secure element chip.

KleverSafe’s 2FA security is a step beyond most other wallets. It uses the FIDO U2F standard for authentication, which transforms the device into a physical tool for second-factor authentication to ensure your assets stay safe. FIDO, or Fast Identity Online, is an alliance of tech companies focused on stronger authentication standards to reduce reliance on traditional passwords. U2F is their Universal 2nd Factor protocol, which includes origin verification. This means that even if your online credentials are compromised, unauthorized access to your assets is prevented without the physical presence of your KleverSafe. 

Key Features

• Klever Swap allows for easy and fast crypto-to-crypto exchange.

• FIDO U2F authentication standard.

• Waterproof and dustproof.

• EAL5+ certified secure element.

• USB type-C and BLE 5.2 enabled.

Conclusion

Not all TRON wallets are created equal, but there is no “best” wallet for TRX as well. The right TRON wallet for you depends on your unique needs.

Most beginners will benefit from a multi-chain software wallet, like Trust Wallet, that extends beyond TRON so that they can explore the crypto waters and find their place in the broader ecosystem. Some others, who are active exclusively in the TRON ecosystem, may consider going with TronLink.

For large asset owners, airgapped wallets like simple paper wallets or Ellipal Titan are great picks. Partially air-gapped wallets like KleverSafe and Ledger Stax are also good picks as they have no history of hacks.

Most users tend to take a mixed approach — they hold a large portion of their assets in a hardware wallet and use a software wallet for convenience around regular DeFi interactions like active trading.

Always do your due diligence and choose your wallets based on your needs.