What is Toncoin (TON)?

Toncoin is the native cryptocurrency of The Open Network (abbreviated also as TON). The team behind Telegram initially created it. Although Telegram eventually stepped away from the project due to regulatory issues, the TON network continued as an open-source project maintained by the broader crypto community. Toncoin is the core currency within the platform. It helps with transactions, smart contract operations, and interactions with decentralized applications.

TON blockchain uses a scalable Proof of Stake consensus model. The network is theoretically able to process millions of transactions per second. The blockchain has been increasingly popular since 2024.

Toncoin (TON) Software Wallets

A software wallet is any application that stores private keys on a device, typically as an installed app, which you can use for transactions, staking, or any other blockchain interaction. They are mainly being praised for their user-friendliness. Now, let’s cover which applications are best for storing Toncoin on a computer. Later, we will focus on mobile and browser wallets, which generally also fall under the umbrella of "software wallets."

Atomic Wallet

Atomic Wallet is a staple multi-currency wallet that supports over 300 different cryptocurrencies, including Toncoin. As a user, you have complete control over your private keys. This non-custodial nature is vital to basic crypto safety.

A notable feature of the Atomic Wallet is built-in swaps. With it, you can exchange cryptocurrencies directly from the application. No centralized exchange is needed! If privacy and security are something you like to take seriously, this wallet is for you. You can get it almost on any platform.

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Coinomi

Coinomi is a multi-currency wallet that supports TON. It is possible to trade directly from in with built-in decentralized exchange.  If you frequently trade or manage multiple digital assets, it will surely make your life easier. The wallet is huge among the crypto community worldwide and available on basically all platforms.

Hardware Wallets for Toncoin (TON)

Have you ever been worrying about the safety of your assets? If so, hardware wallets are the right voice for you. These physical devices, resembling USB sticks, store the user’s private keys offline. That is important because it renders online hacking attempts unviable. Both major hardware wallets, that we explore below, support Toncoin.

Ledger Nano S/X

The Ledger Nano S and Ledger Nano X are two trusted hardware wallets. Both models support many cryptocurrencies, including Toncoin, and pack many security measures.

The Ledger Nano S is a more affordable option offering secure storage and transaction capabilities. On the other hand, the Nano X includes additional features such as Bluetooth connectivity to your smartphone device to manage your coins. Both devices feature a secure element chip that stores private keys and signs transactions offline, significantly reducing the risk of theft.

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Trezor Model T

The Trezor Model T is another leading hardware wallet. On Model T, you can store Toncoin and many other cryptocurrencies. Fun fact: Trezor, like Tatum, was initially founded in the Czech Republic, one of the key countries in the early cryptocurrency community.

Trezor Model T has a color touchscreen to easily manage transactions. The device also integrates with various software wallets to offer flexibility. Regarding security, features such as passphrase protection and a secure bootloader are handy. This wallet is ideal if you are looking for safety and sound sleep.

Mobile Wallets for Toncoin (TON)

Mobile wallets are convenient because they let you manage Toncoin directly from your smartphone, which you probably use daily. They offer a balance between security and ease of use. Here are four mobile wallets that support Toncoin:

Tonkeeper

Tonkeeper is a lightweight wallet that stores Toncoin and interacts with The Open Network blockchain. Its biggest strength is simplicity.

It includes all the essential features for managing Toncoin, such as sending and receiving transactions and viewing transaction history. The wallet also supports QR code functionality. Just scan the code and send TON. One notable piece of information is also user-friendliness and clear design.

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Exodus Wallet

Because Exodus is one of the most adopted multi-currency wallets, it is available on both PC and mobile platforms. Apart from Toncoin, it supports many other cryptocurrencies and blockchains. It is accessible and user-friendly to beginners.

The mobile wallet has a built-in exchange, which allows you to swap Toncoin for other cryptocurrencies directly within the app. It includes portfolio tracking tools. Exodus Wallet is packed with features but simultaneously simple and clean.

Browser Extensions for Toncoin (TON)

Browser extensions are convenient because you manage coins and interact with dApps with a few simple clicks. These extensions often integrate seamlessly with websites and decentralized applications like decentralized exchanges. Below are two popular TON browser extensions:

TON Wallet Browser Extension

As you would expect, this extension allows users to easily send, receive, and store Toncoin. It is a user-friendly choice for both beginners and experienced users. TON Wallet browser extension has quick access to Toncoin transactions while browsing. You don’t need to use any new app to see all the relevant info.

A key feature for browser wallets is that you can securely connect to dApps and interact with the TON blockchain without opening a separate application. The extension supports multiple accounts, so you can manage different wallets within the same interface. TON Wallet Browser Extension is among the most popular choices for Toncoin holders.

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EVER Wallet (formerly TON Crystal Wallet)

The EVER Wallet is a browser version of a big desktop wallet in this part of the blockchain industry. It allows you to manage Toncoin directly from your browser. As an extension of the EVER Wallet, it offers the same robust features in a more accessible format. As expected, users can perform all essential functions, including sending, receiving, and staking Toncoin. 

The wallet was rebranded and changed direction. Nevertheless, all the mentioned features are there. It is a multi-currency wallet.

The  EVER Wallet extension is designed with security in mind, featuring encryption and secure authentication processes to protect users' assets. Additionally, it integrates smoothly with TON-based dApps, which, after all, is the main reason someone would choose this route. The experience of using decentralized applications is seamless. This extension is handy for users who frequently engage with dApps.

Another influential wallet was rebranded: EVER Surf - Everscale Browser, formerly TON Surf. It now functions as a blockchain browser that is available on all platforms. Essentially, both TON Crystal Wallet and TON Surf now work under EVER name.

Trust Wallet

Trust Wallet is recognized as a versatile option if you seek something simple. It supports almost all blockchains, including TON. Trust Wallet is straightforward to navigate, even for beginners.  While using it to manage a diverse portfolio, you can leverage several other features.

Those might be staking your coins, browsing in an integrated dApp browser, and support for multiple blockchain networks. The wallet is open source; hence, its community continually improves it. 

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Conclusion

In conclusion, there are many options to choose from, and it will mainly depend on your priorities: If you prioritize security, choose hardware wallets; for convenience, opt for mobile wallets; or if you want a balance of both, software wallets are a great choice. There is a solution available for every Toncoin user.

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