Last Updated on February 12, 2021 by cryptocreed
Tron is a global free entertainment system based on blockchain technology. Because of the use of the Blockchain and distributed storage technology, Tron’s protocol allows every user to freely publish, store, and use their own data. This is the best solution to the current centralized entertainment content sites has. Blockchain technology allows users to keep their data safe within them, no other intermediaries come.
Currently, Tron has more than 5 million users with a number of app partners like Peiwo, Obike, Gifto, and Uplive. Tron is a Decentralized application that you can trust.
Tron may leave the Ethereum blockchain to their own mainnet.
Wallet for Tron (TRX)
TRX is an ERC-20 token based on the Ethereum blockchain. You can store ERC-20 tokens in any Ethereum wallet. Developers of Tron has not built any official Tron wallet, because there are already numbers of ERC-20 compatible wallets are available.
Note: We strongly recommend not use any Exchange site to store your ERC-20 tokens.
MEW is the Free, open-source, client-side interface Ethereum wallet. MyEtherWallet stores your Ethereum, Ethereum Classic, and all ERC-20 tokens. Recently, at the time of writing, they faced some critical hacking and phishing attempts. But they are safe always check their Twitter account for any official news. We recommend this wallet because MEW allows users to keep control in their hands.
You can use MyEtherWallet offline too, here is the guide on how to use MyEtherWallet offline or locally.
MyEtherWallet was launched in 2015 and still running.
Note: Never share the Private Key of your wallet. Private Key is different than your ETH address.
Best wallet to defend against hacking or phishing attempts. MetaMask analyzed the website and prevent users from using such sites.MetaMask is only available as an extension for Chrome, Firefox, Opera, and Brave browsers.
You can use this wallet without login as passwords and your private keys are encrypted on the browser.
Mostly all the features of MyCrypto are the same as MyEtherWallet. But they claim that they have some extra features which MEW doesn’t have.
MyCrypto has a windows wallet app too, right now it is available for macOS and Linux only.
MyCrypto has an interesting story, all the team members are from the MyEtherWallet team. The team members started this own MyCrypto after leaving MyEtherWallet.
Buy TRX from Exchange sites
TRX to BTC trading volume on Binance is $171 M at the rate of $0.088. Binance is the fastest growing exchange in the crypto world, it was launched in 2017.
It is a US-based cryptocurrency exchange site launched in 2014. Bittrex is the oldest exchange site but it has negative reviews because of its customer support.
Don’t have much info regarding this exchange site.