Are you looking for ways to interact with the Tron and use TRX and other TRON-based tokens? Are you looking for methods to add Tron network and its native token to your MetaMask wallet and other wallets?
Many people are in the same boat but don’t know where to start. This can be a frustrating and overwhelming experience, as failing to find a solution can lead to missing out on potential opportunities in the Tron ecosystem. But fear not, there’s an easy solution.
Tron is one of the fastest-growing blockchains, with over 3.7 billion transactions processed and counting. As one of the most prominent tokens in the cryptocurrency market, TRX is the native token of the Tron mainnet and is issued by the Tron DAO.
Metamask, on the other hand, is far and away the best non-custodial cryptocurrency wallet you can use right now. It is an open-source and decentralized cryptocurrency wallet that enables users to transfer, receive, stake, store, and trade a variety of cryptocurrencies as well as other crypto-assets across blockchains that are compatible with it.
You’ve found the perfect place if you’re looking at adding the Tron network and its native token, TRONIX (TRX), to your Metamask wallet and presently possess some TRX tokens on a cryptocurrency exchange or in an external wallet.
This article will show you how to add Tron (TRX) to your Metamask wallet as well as other wallets that you may use.
Can You Add Tron Network To MetaMask?
The short answer is no. It is not possible to add Tron (TRX) to MetaMask as the Tron network made changes to its initial fork of Ethereum.
Tron is a blockchain platform for decentralized applications and the TRX token is the native cryptocurrency of the Tron network. When the Tron network was first created, it was based on Ethereum’s GETH client, which also uses the Ethereum Virtual Machine (EVM) for smart contract execution.
However, the Tron network made some changes to its initial fork of GETH, which caused it to break compatibility with Ethereum token standards. Specifically, the Tron network changed its token standards from ERC-20 to TRC-20, TRC-10, and TRC-721.
ERC-20 is the standard for smart contract-based tokens on the Ethereum network, and it provides a common set of rules and functionality that all ERC-20 tokens must comply with.
MetaMask, a popular browser extension for Ethereum-based dApps, only supports Ethereum token standards, including ERC-20. Since the Tron network no longer uses the ERC-20 standard, it is not compatible with MetaMask.
Binance Smart Chain (BSC) is a layer 2 scaling solution for Ethereum, it’s built with the same programming language as Ethereum and it’s similar. Thus, it can be added to MetaMask.
So, the only way to hold TRX in MetaMask is by adding Binance-peg TRX token, this token is pegged to the value of TRX on the Binance Smart Chain, It allows the users to take advantage of the Binance eco-system but users can’t interact directly with the TRX on the Tron network.
Also, It’s important to notice that using the Binance Smart Chain instead of TRC-20 does not represent any significant changes for the users, just a different transaction network.
How to Set Up MetaMask
First, let’s talk about setting up MetaMask. For those who are new to it, setting up MetaMask for the first time can be confusing and overwhelming. Not setting it up correctly can lead to losing access to funds or exposing them to security risks. That’s why it’s crucial to follow the instructions carefully and make sure you understand the process before proceeding. Here are the steps you need to take to set up MetaMask:
- Go to the MetaMask website and download the extension for your browser.
- Install the extension and open it.
- Follow the prompts to create a new wallet. Make sure to securely store the seed phrase that will be provided to you.
- Set a strong password for your MetaMask account and confirm it.
- Once you’ve set up MetaMask, you can move on to the next step, which is adding the Binance Smart Chain.
How to Add Binance Smart Chain to Metamask
Here’s a step-by-step guide on how to add the Binance Smart Chain to MetaMask:
1. Open MetaMask by clicking the browser extension icon.
2. Click on the three dots in the top right corner to open the settings menu.
3. Select “Networks” from the menu.
4. Click the “Add Network” button.
5. In the “Custom RPC” section, enter the following information:
- Network Name: Binance Smart Chain
- New RPC URL: https://bsc-dataseed.binance.org/
- ChainID: 56
- Symbol: BNB
- Block Explorer URL: https://bscscan.com/
6. Click the “Save” button to add the Binance Smart Chain to MetaMask.
How to Add Binance-Pegged TRX to Your Metamask Wallet
Now that you’ve linked your MetaMask account to the Binance network, you can easily add Tron (TRX) to your wallet. To do so, follow these steps:
1. To begin, navigate to the TRX contract page on BSCScan. This page will provide you with the necessary information to add TRX-BEP20 to your MetaMask wallet.
2. Once on the page, copy the contract address for TRX-BEP20.
3. Next, open your MetaMask wallet account and ensure that the network is switched to Binance chain.
4. Click on the “Import Tokens” option in the menu.
5. In the field provided, paste the copied contract address.
6. Click on the “Add Custom Token” button to initiate the process.
7. Finally, click on the “Import Tokens” button to complete the process.
Congratulations, you have successfully added Tron (TRX) to your MetaMask wallet on the Binance Smart Chain. This will allow you to easily access and manage your TRX funds within the MetaMask platform.
What are the Best Wallets for Tron (TRX)?
TronLink is a browser extension and mobile wallet that allows users to interact with the TRON blockchain, you can use it to store, send, and receive TRX and other TRON-based tokens, and access dApps built on the TRON network, which is similar to what MetaMask does in the Ethereum network.
Here is a simple guide on how to download and use TronLink:
1. First, download and install TronLink from the Chrome Web Store, App Store, or Google Play. This will give you access to the TronLink wallet, which is designed specifically for Tron (TRX) users.
2. Once you have installed TronLink, open it and click on the “Create Wallet” button. This will allow you to set up your wallet with a secure password, which is essential for protecting your funds. It’s important to save your password somewhere safe so that you can access your wallet in the future.
3. After you have created your wallet, you can transfer TRX to it from an external source. This could be from another wallet, an exchange, or another person. Once the funds have been received, you will see them in your TronLink wallet.
4. With the TRX in your wallet, you can start making transactions on the Tron blockchain. This includes sending payments to other users, checking your account balance, and more. TronLink makes it easy to navigate the Tron network, so you can make transactions with ease.
5. In addition to the standard features of a crypto wallet, TronLink also allows you to access dApps (decentralized applications) that are built on top of the Tron network.
2. Trust Wallet
Trust Wallet is a mobile wallet that allows users to store and manage multiple cryptocurrencies, including Tron (TRX). Here is a step-by-step guide on how to add Tron to your Trust Wallet.
1. Download and install Trust Wallet on your device.
2. Open the Trust Wallet app and tap on the “Create a New Wallet” button to set up your wallet.
3. Write down your 12-word recovery phrase and store it in a safe place. This phrase will be used to restore your wallet if you ever lose access to your device.
4. After setting up your wallet, tap on the “Home” tab and then on the “Add a New Coin” button.
5. Search for Tron in the list of available coins, or select the Tron logo, and then tap on the “Add” button.
6. The Tron wallet will now be added to your Trust Wallet and you will be able to view your TRX balance, send and receive TRX, and view your transaction history.
7. To receive TRX, tap on the “Receive” button in your Tron wallet and then share your TRX address with the sender. To send TRX, tap on the “Send” button, enter the recipient’s address and the amount of TRX you want to send and then confirm the transaction.
8. Always remember to double-check the address of the sender and the amount of TRX before confirming any transaction.
That’s it! Now you can easily store, manage, and send your TRX using Trust Wallet.
Ledger Nano X
Adding Tron (TRX) to your Ledger Nano X wallet is a simple process that can be completed in just a few steps. We will guide you through the process of adding Tron to your Ledger Nano X wallet, including how to set up your Ledger Nano X, how to install the Tron application, and how to add TRX to your wallet.
Step 1: Setting up your Ledger Nano X
Before you can add Tron to your Ledger Nano X, you will need to set up your Ledger Nano X wallet. This includes creating a PIN code, setting up a passphrase, and restoring your wallet from a recovery phrase. If you have not set up your Ledger Nano X yet, please refer to the Ledger Nano X user manual for instructions.
Step 2: Installing the Tron Application
Once your Ledger Nano X is set up, you will need to install the Tron application. To do this, open the Ledger Live application on your computer and connect your Ledger Nano X to your computer. Once your Ledger Nano X is connected, click on the “Manager” button on the Ledger Live application.
On the next screen, you will see a list of available applications. Find the Tron application and click on the “Install” button. This will begin the installation process, which may take a few minutes to complete. Once the installation is complete, you will see a message indicating that the Tron application has been installed.
Step 3: Adding TRX to your Wallet
Now that the Tron application is installed on your Ledger Nano X, you can add TRX to your wallet. To do this, open the Tron application on your Ledger Nano X by clicking on the “Apps” button on the Ledger Live application.
Once the Tron application is open, you will see a “Receive” button. Click on this button to generate a new address for your TRX. You can also generate multiple addresses if you wish.
To send TRX to your Ledger Nano X wallet, copy the address generated by the Tron application and use it as the recipient address on the exchange or platform you are using to purchase TRX. Once the transaction is complete, the TRX will be added to your Ledger Nano X wallet.