Best TRON Wallet UK – 3 Best TRON Wallets in 2021
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If you’ve recently invested in TRON – you will need to store the tokens in a secure wallet. There are many TRON wallets to choose from in the cryptocurrency space – so you need to consider factors surrounding convenience, security, user-friendliness, and your preferred device type.
In this guide, we review the best TRON wallets in the UK. We also provide a simple step-by-step walkthrough of how to get started with a top-rated TRON wallet in less than five minutes.
Table of Contents
#1 TRON Wallet In the UK – eToro
Best TRON Wallet in the UK – Top 3 List
Below you will find a quickfire list of the very best TRON wallets in the UK for 2021.
- eToro – Overall Best TRON Wallet in the UK
- OKEx – Recommended TRON Wallet for Features and Tools
- Binance – Best UK TRON Wallet for Asset Diversity
Be sure to read our full reviews of each of the above UK TRON wallet providers – which you will find by scrolling down.
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.
Best TRON Wallet in the UK – Full Reviews
When choosing the best TRON wallet for your needs, security should be your main priority. However, you also need to think about the type of device you would like to store the wallet on – such as a mobile phone or desktop computer. It’s also a good idea to consider factors surrounding convenience and fees – and whether or not the wallet will allow you to buy, sell, and trade digital currencies.
Taking all of these core metrics into account – below you will find comprehensive reviews of the best TRON wallets UK for 2021.
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1. eToro – Overall Best TRON Wallet in the UK
The eToro wallet not only supports TRON, but more than 120 alternative digital currencies. This includes everything from Bitcoin, XRP, and EOS to Cardano, Dogecoin, and Ethereum. This is crucial, as it means you can use the eToro wallet app to store all of your digital asset investments. You will also find in excess of 500+ cryptocurrency pairs on the eToro wallet. This means that you can instantly exchange one digital currency into another at the click of a button.
In terms of security, you should have no concerns with the eToro app. This is because the wallet is regulated by the Gibraltar Financial Services Commission (GFSC). Additionally, if you were to misplace your wallet credentials, eToro is able to recover your private keys. This ensures that you are able to regain access to your TRON tokens. There are several other key features of this top-rated TRON wallet – including the ability to link the app to your main eToro account.
This means that you will have the capacity to buy and sell digital currencies without leaving the app. The minimum stake per investment is just $25 – or about £18. The app also allows you to fund your account with pounds and pence at a very competitive deposit fee of just 0.5%. Supported payment methods are inclusive of debit/credit cards, Paypal, Skrill, and a UK bank transfer. You might also consider using the Copy Trader feature, which allows you to ‘copy’ a successful eToro investor. eToro also supports thousands of 0% commission stocks and ETFs.
Pros
- Invest in cryptocurrencies on a spread-only basis
- Top-rated cryptocurrency wallet app on Android and iOS
- Minimum investment per trade from just $25
- Supports debit/credit cards, e-wallets, and local bank transfers
- Regulated by the FCA, CySEC, and ASIC
- Used by over 20 million people
- Perfect for beginners
- Social and copy trading tools
Cons
- Perhaps too basic for technical traders
- No support for MT4 or MT5
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.
2. OKEx – Recommended TRON Wallet for Features and Tools
When it comes to the OKEx wallet itself, you have two options in this respect. For added convenience, you might consider keeping your TRON tokens in the OKEx web wallet. This means that OKEx will be responsible for keeping your funds safe and thus – the exchange will hold your private keys. This option allows you to easily use your TRON tokens – whether that’s to buy other digital assets or trade the coins into another cryptocurrency.
The other option you have is to download the OKEx mobile wallet. In addition to TRON, this wallet allows you to safely store more than 100+ alternative crypto assets. You will be in full control of your private keys – meaning that you will be storing your TRON tokens on a decentralized basis. The OKEx mobile app – which is compatible with both Android and iOS devices, gives you direct access to your main account. This means that you can buy cryptocurrency with a debit/credit card, exchange tokens, and even make use of the OKEx staking facility.
Pros
- Trusted crypto exchange with over 20 million users
- More than 400+ digital currency pairs
- Buy and sell cryptocurrencies with a debit/credit card or bank transfer
- Low commissions that start from 0.1%
- Fully-fledged mobile app on Android and iOS
- Great reputation and highly secure
Cons
- Debit/credit card fees could be more competitive
- Derivative products are too complex for beginners
at eToro, the UK’s #1 Broker
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.
3. Binance – Best TRON Wallet in the UK for Asset Diversity
Binance is officially the world’s largest cryptocurrency exchange. The platform facilitates billions of pounds worth of trades every day – and it is now used by over 100 million people. Much like OKEx, Binance also offers super-low trading fees – with the exchange charging just 0.10% per slide. In terms of storing your TRON tokens, you can do this from within your main Binance account via the provider’s web wallet.
Although web wallets are perceived to be fraught with risks, Binance offers plenty in the way of security controls. For instance, Binance keeps the majority of client digital funds in cold storage. This means that tokens are never connected to a live server – subsequently ensuring that remote hacks are near-impossible. The Binance web wallet also offers IP and email address whitelisting, alongside two-factor authentication (2FA). The other option you have is to download the Trust Wallet – which is backed by Binance.
This wallet comes via a mobile app that you can download for free to your Android or iOS device. The wallet interface is very easy to use – making Trust an ideal choice for newbies. In addition to TRON, the Trust Wallet supports hundreds of other digital currencies. The wallet is also compatible with third-party decentralized applications (dApps). In particular, you can connect your wallet to the Pancakeswap DEX – which is a decentralized exchange. This allows you to buy, sell, and trade TRON tokens without needing to go through a centralized provider.
Pros
- Facilitates billions of dollars in daily trading volume
- Supports hundreds of digital asset pairs
- Near-instant deposits via debit/credit cards
- Trading commission starts at just 0.1% per slide
- Offers crypto savings accounts
- Ideal for both beginners and experienced traders alike
Cons
- Not all supported cryptocurrencies can be purchased with a debit/credit card
- No e-wallet deposits or withdrawals
at eToro, the UK’s #1 Broker
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider
What is a TRON Wallet UK?
In its most basic form, a cryptocurrency wallet allow you to safely store your TRON tokens. Wallets come in a variety of shapes, sizes, and device types. For example, many digital asset investors in the UK will opt for a TRON wallet that comes in the form of a mobile app. All you need to do is download the app to your Android or iOS device – and then transfer the TRON tokens over.
Then, the TRON will remain in the wallet until you decide to sell them or transfer the tokens elsewhere. Another option to consider is a web wallet. This means that the TRON tokens will be stored by the broker that you purchased them from. This option is offered by eToro – an online broker that is regulated by the FCA.
- Other options include a desktop or hardware wallet – with the former represented by a physical device.
- Regardless of the TRON wallet that you go with – you will always have the option to send and receive funds.
- The latter is done by providing the sender with your unique TRON wallet address.
On top of facilitating the storing, sending, and receiving of digital tokens, the best TRON wallets in the UK also offer exchange services. For instance, the eToro wallet allows you to buy cryptocurrencies from within the app via a debit/credit card or Paypal.
The eToro wallet – alongside a number of other providers in this space, also permit crypto-to-crypto conversions. For instance, you might decide to exchange your TRON tokens into a cryptocurrency like Bitcoin.
Featured Broker CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider. Featured Broker  CFDs are complex instruments and carry a high risk of possible rapid loss of capital due to their leverage. 71% of retail investor accounts lose capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take high risk in losing your capital. 83% der Konten von Privatinvestoren verlieren beim Trading von CFDs bei diesem Anbieter Geld. Ihr Kapital ist im Risiko Select Broker Rating
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How to Find the Best TRON Wallet in the UK
So now that we have explained how TRON wallets work – the next step is to do some research so that you can select a provider that alligns with your goals. Crucially, there are dozens of TRON wallets available in the UK – so spend some time thinking about what your priorities are.
For instance:
- Do you want to install a TRON wallet on your mobile phone or desktop computer, or would you prefer to access your tokens online?
- Do you prioritize security over convenience, or are you looking for the perfect balance between the two?
- Do you want a TRON wallet that also allows you to buy, sell, and trade digital currencies?
To expand on the above, we are now going to discuss the most important metrics to consider when searching for the best TRON wallet UK.
Device Type
Perhaps the first thing to think about is the specific wallet type you desire in terms of where the TRON tokens will be stored. This is typically a choice between a hardware device, mobile app, desktop computer, or a browser-based wallet. Each option comes with its own benefits and drawbacks – which we briefly explain below.
Mobile Wallet
Electing to download a TRON wallet to your mobile phone is arguably the best option. This is because mobile wallets typically offer a superb balance between security and convenience. For example, the eToro mobile wallet is regulated by the GFSC. You can also set up 2FA, which is in addition to your standard phone screenlock PIN.
In terms of convenience, you will have your mobile TRON wallet with you at all times – assuming you are in possession of your phone. This means that at any given time – you can send and receive funds at the click of a button. Most TRON wallet apps are designed for both Android and iOS operating systems – so you should find the end-to-end user experience a seamless one.
Desktop Wallet
There are several TRON wallets that come in the form of desktop software. You will need to download the software to your device and then set it up by creating a very strong password. You can easily send and receive funds when using a desktop wallet.
But, do remember that you will need to have access to your desktop computer to do this. As such, if you’re out of the house and wish to quickly sell or transfer your TRON tokens, a desktop wallet won’t be sufficient.
Browser-Based Web Wallet
When you purchase a digital currency like TRON from an online broker, the tokens will initially be deposited into your main web wallet. In simple terms, this means that the broker in question is responsible for safekeeping your TRON. By keeping the tokens in your brokerage web wallet, you can access them by simply logging into your account.
This means that as long as you have a mobile phone or laptop with you that is connected to the internet – you are good to go. The main thing to bear in mind with TRON web wallets is that you need to know what security controls are in place. For example, the eToro platform is regulated by the FCA. Additionally, the wallet is backed by an institutional-grade security setup – which ensures your TRON tokens are always safe.
Hardware Wallet
Hardware wallets are the safest and most secure option when it comes to storing your TRON tokens. This is because hardware wallets offer cold storage facilities – meaning that the digital tokens remain offline at all times.
- When you set the TRON hardware wallet up for the first time, you will be given a backup passphrase
- You will also need to choose a memorable PIN
- This PIN is to be used if you wish to transfer your TRON tokens out of the hardware wallet and it must be physically entered onto the device
- If your hardware wallet is lost, damaged, or stolen – you can regain access to your TRON tokens by remotely entering your backup passphrase
The main drawback with this TRON storage option is that hardware wallets are anything but convenient. That is to say, you won’t be able to transfer funds unless you have the physical device with you.
User-Friendliness
Irrespective of your experience with cryptocurrencies and blockchain technology – it’s important to choose a TRON wallet that is user-friendly. After all, you will be not only be using the wallet to safeguard your TRON tokens, but to send and receive funds.
Safety
When going through the process of choosing the best TRON wallet for your needs, it’s important to have a firm grasp of how safe your digital tokens are. For example, if you were to use an unregulated exchange to store your TRON tokens, you can never be sure that your funds are safe. This is because if the exchange is hacked, the perpetrator will likely have access to your TRON wallet.
At the other end of the spectrum, you have platforms like eToro – which are authorized and regulated by the FCA, ASIC, and CySEC. This ensures that you can safely store your TRON tokens via a trusted and credible source.
In addition to regulation, you should also look for:
- Cold Storage: The best TRON wallets will ensure that your tokens are kept in cold storage. As we explained earlier, this makes it near-impossible for the wallet to be hacked remotely.
- Whitelisting: If your chosen TRON wallet supports whitelisting, this will install an extra security step before you can access your funds. For instance, if you attempt to log in to your TRON wallet from a new IP location or device – you might need to confirm this via your registered email address.
- 2FA: Two-factor authentication – or simply 2FA, ensures that you need access to two devices before the TRON wallet allows you to log in. For example, if using a web wallet, the provider will send a unique code to your phone. You will need to enter this code before you can access your TRON wallet.
As covered earlier, hardware wallets offer the most robust security features in this industry. But, by electing for a hardware wallet, you will not be able to send and receive funds with ease. This is why it might be best to stick with a mobile TRON wallet – which is both secure and convenient.
Exchange Features
Many of the best TRON wallets UK that we came across double up as an exchange. This means that you can buy, sell, and convert cryptocurrencies from within the TRON wallet itself.
Buy and Sell Crypto
If you have a wider interest in the cryptocurrency marketplace – then it’s possible that you might consider adding other digital tokens to your portfolio at a later date. If this is the case, you will want to choose a TRON wallet that gives you access to purchasing facilities.
For instance, by using the eToro wallet, you can instantly deposit funds with a UK debit/credit card or e-wallet, and then proceed to buy your chosen crypto asset. This means that you don’t need to leave the wallet interface to obtain the token you want.
In addition to being able to make a purchase, you should also think about selling. After all, you will at some point want to sell your TRON tokens back to cash so that you can realize your gains. Once again, if you can do this from within your chosen TRON wallet – this is a major plus-point.
Convert Crypto
Another notable tool offered by the best TRON wallets UK is the ability to convert digital currencies. For example, let’s suppose that a few weeks down the line you want to swap TRON tokens into Dogecoin.
Ordinarilly, you would need to transfer the TRON tokens into a third-party exchange and sell them for DOGE. Then, you would need to transfer your newly purchased Dogecoin tokens back to your wallet. The best TRON wallets will allow you to achieve the aforementioned conversion directly.
Private Keys
All TRON wallets are protected by private keys. This works in much the same way as an ATM card PIN or the password you use to access your online banking account.
- Either way, if somebody gets hold of your private keys, they will have unfettered access to your TRON wallet.
- In turn, they would be able to withdraw the tokens from your wallet and there would be no way for you to get the funds back.
- This is why you need to ensure that you keep your private keys safe, secure, and away from the wrong hands.
- With that said, some of the best TRON wallets that we came across will manage and control your private keys for you.
This removes the need for you to have a firm grasp of how wallet security controls work. A good example of this is the eToro wallet, which will safeguard your private keys in a regulated environment.
How to Get Started With the Best TRON Wallet in the UK
If you’ve never previously used a TRON wallet – the process might seem a bit daunting at first glance. After all, if you end up making a mistake by inputting the wrong wallet address or you end up losing your private keys – your TRON tokens are at risk of loss. This is why we have provided a simple step-by-step walkthrough on how to get started with the best TRON wallet UK.
For this detailed tutorial, we explain the required steps with FCA-regulated provider eToro.
Step 1: Open an Account
By choosing eToro as your go-to TRON wallet, you will be using a platform that is regulated by the UK’s FCA. As a result of this, you won’t be able to store your TRON tokens anonymously. This means that in order to get started, you will first need to open an account. Fortunately, this part of the process takes minutes at eToro.
First, visit the eToro website online or via your mobile phone and click the ‘Join Now’ button. Then, enter your personal information and contact details as prompted. Next, you will need to upload a copy of your passport or driver’s license – which will be verified instantly. Not only will a verified account give you access to the eToro TRON wallet, but you will also be able to buy, sell, and trade digital tokens with fiat money.
Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.
Step 2: Download eToro Wallet
You can now proceed to download the eToro wallet app. You should do this directly on the eToro website to ensure you are downloading the official version. All you need to do is click on the ‘Google Play’ or ‘App Store’ button and you will be redirected to the relevant download page.
