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TRON (TRX)

What is the TRON Network?​

Here are 5 key points about TRON (TRX):

  • TRON boasts high transaction throughput, capable of handling thousands of transactions per second. This scalability enables fast and efficient processing of transactions on the TRON network.

  • Smart contracts on TRON are written in Solidity, similar to Ethereum, and can facilitate various functionalities, including token creation, decentralized finance (DeFi) protocols, gaming, and more.

  • TRON utilizes a Delegated Proof of Stake (DPoS) consensus mechanism to secure its network and validate transactions.

  • The native cryptocurrency on the TRON Network is called Tronix (TRX). TRX plays a central role in facilitating transactions, powering smart contracts, and enabling governance within the TRON ecosystem.

  • TRX token holders can participate in decision-making processes related to network upgrades, protocol changes, and ecosystem developments.

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Learn more about the TRON Network by reading the Gem Wallet Learn article:
What Is The TRON Blockchain?

TRON is Fully Supported by Gem Wallet​

Gem Wallet provides a user-friendly interface for interacting with the TRON blockchain.

Gem Wallet can be used to:

  • Buy TRON (TRX) with fiat using debit/credit cards.
  • Store TRON (TRX) and TRC20 tokens securely. Private keys are encrypted, giving you full control over your assets.
  • Send and Receive TRX and TRC20 tokens natively.
  • Stake TRX to earn more TRX.

TRX on Gem Wallet TRX Chart on Gem Wallet

What are TRC20 Tokens on the TRON Network?​

  • TRC20 tokens are smart contract-based tokens created and deployed on the TRON blockchain.
  • Similar to ERC20 tokens on Ethereum, TRC20 tokens are fungible tokens with standardized features and functionalities.
  • TRC20 tokens have a wide range of use cases within the TRON ecosystem, including but not limited to digital currencies, stablecoins, utility tokens for decentralized applications (dApps), non-fungible tokens (NFTs), and tokenized assets.

USDT TRC20 on Gem Wallet TRC20 Token List on Gem Wallet

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Learn more about TRC20 tokens from this Gem Wallet Learn article:
What Is TRC20 and What You Need to Know About Tokens on the Tron Blockchain

How to Receive TRON with Gem Wallet?​

Here are some ways to acquire some TRON (TRX):

Buying TRX with Gem Wallet Buy TRX with MoonPay

  • Receive TRX with the unique TRON address on the Gem Wallet app.

Receive TRX with Gem Wallet TRX Received on Gem Wallet

How to Receive TRC20 Tokens with Gem Wallet?​

  • Your TRON (TRX) address in Gem Wallet also serves as the unified address for all your TRC20 tokens, simplifying management and transactions.
  • As an example, after adding USDT-TRC20 to your Gem Wallet, tap "Receive" to see your USDT address, which is the same as your TRX address.

Receive TRC20 Tokens with Gem Wallet USDT TRC20 Address on Gem Wallet

How to Send TRON with Gem Wallet?​

Tap on Send, then input the Recipient Address manually or use the QR Code Scanner. Next, set the amount of TRX you want to send.

Input TRX Address Specify Amount of TRX

When sending TRX, ensure you have sufficient TRX in your wallet to cover the network fees. Once ready, Confirm the transaction.

Set Network Fees Ready to Send TRX

How to Send TRC20 Tokens with Gem Wallet?​

Tap on Send, then input the Recipient Address manually or use the QR Code Scanner. Next, set the amount of USDT you want to send.

Input TRX Address Specify Amount of USDT

When sending TRC20 Tokens, ensure you have sufficient TRX in your wallet to cover the network fees. Once ready, Confirm the transaction.

Set Network Fees Ready to Send USDC

Transaction Fees on the TRON Network​

The fees on TRON are summarized as follows:

  • Users conducting transactions on the TRON Network are required to pay fees denominated in TRX.
  • In addition to transaction fees, users may need to expend bandwidth and energy to execute smart contracts and interact with decentralized applications (dApps) on the TRON Network.
  • Users can freeze their TRX tokens to obtain bandwidth and energy, which allows them to interact with the TRON network. (New Feature to be added soon)

Can I Swap TRON and TRC20 tokens on Gem Wallet?​

TRON swaps will be added soon. Stay tuned!

Can I Stake TRON on Gem Wallet?​

Yes, you can stake TRON (TRX) on Gem Wallet to earn rewards. Follow the TRON staking guides to delegate your TRX tokens to a validator.

Stake TRX on Gem Wallet TRX Staking Dashboard

How to Check TRON (TRX) Balance?​

Gem Wallet app connects to the TRON Network to show the TRX balance on your wallet. Tap on the 3 dots at the upper right corner, then tap on View address on TRONScan.

View Address on TRONScan TRX Address on TRONScan

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TRONScan is the default TRX explorer of Gem Wallet. You can manually check balances and transactions by going to TRONScan and search for your TRX address.

Checking TRX Balance on TRONScan Checking TRX Transaction on TRONScan

Key Points for Managing TRON and TRC20 Tokens in Gem Wallet​

  • You can receive unlimited amounts of TRX or TRC20 tokens, such as USDT or BTT, in your Gem Wallet.
  • Obtain your TRON address from Gem Wallet, share it with the sender, and verify its accuracy to ensure secure transactions. All TRC20 tokens use the same TRON address as TRX.
  • Easily add TRC20 tokens to your wallet via the "Manage Token List" feature by selecting the TRON network and choosing tokens like USDT-TRC20.
  • Gem Wallet charges no fees for receiving TRX or TRC20 tokens, though senders may incur network fees based on TRON’s bandwidth and energy system.
  • Sending TRC-20 tokens requires a small amount of TRX to cover network fees, which vary based on network activity and resource availability (bandwidth and energy).
  • Always double-check the recipient’s TRON address before sending to avoid irreversible errors.
  • Stake TRX directly in Gem Wallet to earn rewards, support network security, and gain bandwidth or energy to reduce transaction fees.

Why Choose Gem Wallet for TRON?​

  • User-Friendly Interface: Gem Wallet’s intuitive design simplifies managing TRX and TRC20 tokens, making it easy to send, receive, and stake.
  • Enhanced Security: As a self-custodial, open-source wallet, Gem Wallet gives you full control over your private keys and assets, with robust encryption to ensure top-tier security.
  • Continuous Innovation: Regular updates enhance functionality, integrating features like built-in DEX swaps (e.g., via SunSwap) and support for TRON’s DeFi and NFT ecosystems, keeping you ahead in the blockchain space.

Conclusion​

TRON, a high-performance blockchain, powers fast, low-cost transactions and supports a vibrant ecosystem of decentralized applications (DApps) and TRC20 tokens like USDT and BTT. With Gem Wallet, you can seamlessly manage your TRX, stake for rewards, swap tokens, and explore TRON’s DeFi and NFT offerings. Gem Wallet is your secure, user-friendly gateway to unlocking the full potential of the TRON ecosystem.