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How to set up TronLink cold wallet

Elizabeth
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2024-09-27 12:35:31266browse

TronLink Cold Wallet protects crypto assets by isolating offline environments: Get and connect a compatible cold wallet device. Install the Ledger Live app. Set up your device and create a Tron account. Transfer TRX to new receiving address. Confirm the transaction on the device. Securely store cold wallet devices and recovery phrases.

How to set up TronLink cold wallet

How to set up a TronLink cold wallet

TronLink cold wallet is a tool specifically designed to protect cryptocurrency assets from online attacks hardware wallet. It allows users to securely store private keys and protect their assets by isolating offline environments. Here’s how to set up a TronLink cold wallet:

Step 1: Get the device

  • Purchase a compatible cold wallet device like the Ledger Nano X or Ledger Nano S Plus.

Step 2: Install Ledger Live

  • Download and install the Ledger Live app on your computer or mobile device.

Step 3: Set up the device

  • Connect the cold wallet device to your computer or mobile device.
  • Follow the instructions on Ledger Live to initialize and secure your device.

Step 4: Create a Tron Account

  • In Ledger Live, select Add Account.
  • Select "Tron (TRX)".
  • Ledger Live will generate a new Tron receiving address.

Step 5: Transfer Assets

  • Use your existing Tron wallet to transfer TRX to the newly created Tron receiving address.

Step 6: Confirm Transactions

  • You need to confirm each transaction on the cold wallet device.
  • In Ledger Live, select the amount of TRX you want to send and click Send.
  • The cold wallet device will display transaction details. After confirmation, press the button on your device.

Step 7: Secure Storage

  • Once your assets have been transferred to a cold wallet, securely store them in a physical Go to a safe area.
  • Keep your recovery phrase (24 word seed) safe as it can be used to recover your devices and assets.

Tip:

  • Set a strong password for your cold wallet device.
  • Regularly update the firmware of the Ledger Live app and cold wallet devices.
  • Never reveal your recovery phrase or private key.

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