What is Tron Wallet? Instructions to create and use Tron wallet (TRX, TRC20, TRC10)

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2021-07-08 02:37:27

Tron is also one of the top blockchain platforms in the crypto industry. Tron’s ecosystem is also constantly evolving to race against Ethereum.

If you are just starting to participate in the market, you should also prepare a Tron wallet to experience the application as well as for investment purposes.

In this article, I will show you how to create and use a Tron wallet.

What is Tron Wallet (TRX, TRC20, TRC10)?

The Tron Wallet is a place to store TRX coins and tokens supported by the Tron blockchain like TRC-20. You can send and receive TRX and TRC20 standard tokens as well as interact with applications on the Tron blockchain platform. In addition, the Tron wallet also has the TRC10 standard, which is a system token standard created after Tron’s mainnet, but not many crypto wallets support this token standard.

In particular, this wallet is owned by you, no one has the right to influence or use the wallet other than you.

Tron wallet has 2 extremely important information you must note:

  • Wallet address: Is a sequence of numbers and characters used to send assets to the Tron wallet. Others can transfer coins to you through the wallet address you provide. A Tron (TRX) wallet address will have the following format: TBia4uHnb3oSSZm5isP284cA7Np1v15Vhi
  • Private key: Is a security key, can be understood as a type of password. To perform TRX transfers, you must go through the private key login step to complete the transaction. The Private Key will be a sequence of numbers illustrated as follows: KwSduAubPmHb5u54EWWJjrSSAcXPTjqPiAmCTbJ7UYBR6glafH

After creating a wallet, you will receive a wallet address and private key similar to your above example.

To make it easier to imagine, you can imagine that the Tron wallet is a bank account, the wallet address is the account number and the private key is the password.

The difference here is that with a bank account other people will know who you are, in other words your personal information. As for the Tron wallet, you become anonymous, no one knows who, but only transacts through the address encoded into a sequence of numbers and characters.

Reference: Understanding more about Tron (TRX)

Where to create a Tron wallet?

You can create a Kava wallet through CHK Wallet. This is one of the few wallets that fully supports all 3 token standards on the Tron Blockchain: TRX, TRC10 and TRC20.

CHK Wallet is a decentralized wallet (Non-Custodial Wallet) that not only supports the Kava blockchain but also many other blockchains such as Ethereum, Solana, Kusama, BSC, HECO Chain, Near, Avalanche (C-Chain & X-Chain), Polygon, Cosmos, THORChain, Persistence, BandChain, Bitcoin, TomoChain, Celo, Binance Chain, Tron, Terra, Fantom.

Because it is a decentralized wallet platform, users are in complete control of assets, no one has access to your wallet, including developers. You can rest assured when storing TRX tokens, TRC10 and TRC20 standards here.

Read more: CHK Wallet User Guide for Beginners.

Instructions for creating a Tron wallet (TRX, TRC10, TRC20)

I will show you how to register and create a wallet on both mobile and desktop interfaces, you can also install both to flexibly switch use.

CHK Mobile Wallet

Download and register an account tài

You download the CHK Wallet app to your device.

Then follow the steps below:

Step 1: Select the display language

Step 2: Enter email → Select tiếp tục

Step 3: Enter the confirmation code sent to the registered email and click Verify

Step 4: Enter personal information and press Enjoy it’s done

How to create a Tron wallet (TRX, TRC10, TRC20)

Step 1: Open the application, at the homepage click Manage (Management)

Step 2: Choose Add Wallet (Add Wallet) and click on the Tron icon to create a Tron wallet or you can choose to create a Multi-chain wallet to own more wallets with the same passphrase (recommended) → Create (Create wallet).

‌Step 3: Give your wallet a name (name something that you can remember or convenient for later use) and back up your Passphrase and Private Key in a safe place. (Note: This is extremely important information that directly affects your assets).

  • Tick ​​the box Backup your recovery key khoá and click on the copy icon to confirm that you have saved your Passphrase and Private Key. You must save 12 security keywords as well as the private key’s string of characters in a safe place and absolutely do not disclose it to anyone. Otherwise, your account is at risk of being stolen when someone knows these sequence of characters.
  • Tick ​​the remaining two boxes to confirm you understand the risks if you lose your Passphrase.
  • Choose Next (Continued).

If you lose this important information, it means you cannot connect to your wallet. No one has the right to restore it except you.

Step 4:

  • You copy and paste Passphrase or Private Key into the box Confirm (Confirm).
  • Choose Done (Done).

Once done, you can also access Manage → Manage All Wallets to check the newly created Tron wallet.

CHK Extension Wallet

Installation Instructions

Brothers visit chrome.CHK.app to install CHK Extension Wallet.

For instructions on installing and using CHK Extension Wallet, you can refer here.

Instructions to create a Tron wallet (TRX, TRC10, TRC20)

Step 1: Choose Add Wallet (Add Wallet) and click on the Tron icon to create a Tron wallet or you can choose to create a Multi-chain wallet to own more wallets with the same passphrase (recommended) → Create (Create wallet).

Step 2: Name the wallet and back up the Passphrase and Private Key in a safe place. (Note: This is extremely important information that directly affects your assets).

  • Tick ​​the box Backup your recovery key khoá and click on the copy icon to confirm that you have saved your Passphrase and Private Key. You must save 12 security keywords as well as the private key’s string of characters in a safe place and absolutely do not disclose it to anyone.
  • Tick ​​the remaining two boxes to confirm you understand the risks if you lose your Passphrase and Private Key.

Step 3: After completing step 2, select Create (Create wallet) → Re-enter the Passphrase or Private Key you copied to confirm. Press Create (Create wallet) again to complete.

Instructions for receiving TRX into CHK Wallet

This operation is similar on both the mobile and wallet versions, so please refer to the ways below and follow.

Way 1

Step 1: Click on TRX wallet.

Step 2: Choose Receive (Receive).

Step 3: Copy the wallet address or use the QR code address.

Way 2

Step 1: Choose Receive on the homepage.

Step 2: Type Kava in the search bar.

Step 3: Click the icon to copy the wallet address or get the QR address.

You can send KAVA to the address copied in step 3.

Instructions to transfer TRX from CHK Wallet

This operation does the same for both CHK Mobile Wallet and CHK Extension Wallet. Here, CHK Wallet will give an example of how to receive TRX stored in a mobile wallet.

Step 1: Click on TRX wallet.

Step 2:. Choose Send (Send).

Step 3: Enter the amount of TRX you want to send & the wallet address to send to. → Slide bar Send to confirm sending.

In addition, you can also go to Send In the main interface, select the Tron wallet you want to send.

Note: Gas fees on Tron are calculated in TRX and take about 0.1 TRX per transaction.

Some notes when using Tron . wallet

Is it safe to store TRX and standard tokens on Tron wallet?

CHK Wallet is a non-custodial wallet, ie full control of assets belongs to you, no one has access to your wallet except you unless you disclose the key to others.

Is there a fee to send TRX?

Sending TRX/ TRC-20/ TRC10 tokens from Tron wallet will cost the blockchain platform fee calculated in TRX for miners to confirm the transaction.

CHK Wallet does not charge any fees for these operations.

Is it possible to create multiple Tron wallets?

Sure! You can create as many Tron wallets as you like, each wallet will have a different address and private key, so remember to save it.

Note that you should name it so that you can easily manage it if you create many Tron wallets.

Can Tron Wallet store other coins?

Tron wallet can store TRX and standard tokens supported by TRON blockchain such as TRC-20, TRC-10. In addition, absolutely do not transfer any coins on other blockchain platforms to Tron wallet if you do not want to lose your assets unfortunately.

It is quite important for you to often buy coins that are not listed on the exchange or buy coins in a private sale, seed sale, … you can completely store those coins in the Tron wallet, as long as it is supported by the Tron platform.

Read more: Instructions for creating and using an Ethereum (ETH) wallet

summary

Justin Sun – CEO of TRON blockchain once said: “If Ethereum is iPhone, TRON is Android.” Of course, that is the vision of the leaders with the development roadmap for their project.

As an investor and speculator, you must be proactive to seize investment opportunities for yourself. Have a storage wallet ready so that when the trend comes, I have something to use right away.

In addition to the TRON wallet, CHK Wallet also supports many other convenient wallets for you to store other coins such as Bitcoin wallet, Tomochain wallet, Binance Chain wallet (BNB), Ethereum (ETH) wallet, Binance Smart Chain, Solana, Binance Smart Chain, Celo… so you can create these wallets on CHK Wallet so that you can use them immediately when needed.

Hope this article is useful and can support you in the process of creating a TRON wallet to store and protect your assets.

See you in the next posts!

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