Leading hardware wallet producer Ledger announced that its official wallet software now supports Tron (TRX).
According to an announcement, Ledger Live — the official wallet software for Ledger’s hardware wallets — now allows its users to manage their Tron addresses. Furthermore, Ledger hardware wallet owners can also stake their TRX directly from the software. The announcement reads:
“You can now manage your Tron (TRX) into Ledger Live and stake them, which means getting rewards without doing anything!”
Ledger also announced that — to celebrate the added Tron support — the firm is holding a contest. Among the users who participate, 100 will win up to $2,000 in TRX and an engraved Ledger Nano X.
Hardware wallets: the most secure solution for the average user
Short of complex systems that are either too complicated or expensive for the average user, hardware wallets may be the most secure way to store one’s cryptocurrency. In a dedicated analysis, Cointelegraph overviewed the features of all the major hardware wallets.
Having a hardware wallet does not mean that there is literally no way to steal cryptocurrency from a user. The user also has to be aware that the recovery seed of his hardware wallet should be never exposed to a computer. As Cointelegraph reported yesterday, most of the recently-removed Google Chrome phishing browser extensions that targeted crypto users attempted to have users share their Ledger recovery seeds.
Joseph Spezzano received a Masters Degree in computer science from The University of Massachusetts. Joseph has been working as a full-time blockchain programmer for the past 5 years. In his spare time, Joseph enjoys writing for CryptocurrencyInvestments.com and traveling.