TON (The Open Network) is a blockchain platform that attracts users with its scalability, transaction speed, decentralization, and minimal fees. Integration with Telegram has given TON a significant user base.

Reports indicate a growing interest in Toncoin (TON) in Kenya. This is attributed to its fast transaction speed, scalability, and low fees. Users actively utilize P2P platforms like Bitpapa to buy and sell TON for Kenyan Shillings (KES) using Safaricom’s M-Pesa. Bitget offers a TON/KES converter, displaying the current exchange rate and allowing for easy conversions.

A wallet for Toncoin (TON) is an essential tool for the secure storage, sending, and receiving of cryptocurrency. It provides the user with a unique address and private keys to access and manage tokens. When it comes to choosing the best storage for TON, it is crucial to understand the difference between custodial and non-custodial wallets.

Custodial and Non-Custodial Wallets

In custodial wallets, private keys are stored on a third-party service. This provides the user with quick and convenient access to assets via an application or website. Major and reputable platforms, such as cryptocurrency exchanges, can offer a high level of security and impeccable customer service. However, such crypto wallets do not give the user full control over the keys. In theory, tokens could be lost if the service is hacked or goes bankrupt.

A non-custodial wallet allows the owner to have full control over the keys. The user becomes independent of third parties, enhancing the level of privacy. However, the user is solely responsible for the security of the keys, and in case of their loss, access to the cryptocurrency can be extremely difficult to restore.

We have compiled several wallets of different types that can be considered the best for storing TON tokens. Each offers advanced solutions for managing crypto assets.

Cropty Wallet

A custodial wallet that represents a multifunctional, convenient, and secure platform for token holders, offering numerous features such as multi-network support, automatic cryptocurrency conversion, and 24/7 support. Additionally, TON can be used in the app as collateral for obtaining cryptocurrency loans. The user can pledge their tokens and receive a loan in another cryptocurrency, such as USDT.

Features:

  • The wallet has a simple and intuitive interface, making it accessible even for newcomers to the crypto industry. Users can easily manage their assets, perform transactions, and monitor their portfolio in real-time;
  • The app is available for iOS and Android;
  • Private keys are stored locally on secure media, enhancing the level of security and control over funds. The wallet also supports two-factor authentication, providing an additional layer of protection;
  • The wallet supports many popular cryptocurrencies, including Bitcoin, Ethereum, and others, allowing for convenient management of all assets in one place;
  • In the app, users can easily convert tokens between different blockchain networks, making the management of crypto assets more flexible and convenient;
  • The development team provides round-the-clock support to resolve any issues or problems with the wallet.

TonKeeper

One of the most convenient and popular solutions for storing and managing TON. This non-custodial wallet allows for the purchase of coins with a bank card. A notable feature of the crypto wallet is staking services. Users can store coins and earn interest for participating in the support of the Gram blockchain and voting on important network decisions.

Features:

  • Advanced encryption technologies to protect funds and data;
  • Integration with various services and decentralized applications;
  • The ability to create new Gram crypto wallets or import existing ones;
  • Convenient monitoring of the balance and viewing detailed transaction history, including sender and recipient addresses, amount, and execution time;
  • High transaction processing speed using QR codes;
  • Multiple security levels, including PIN code and biometric authentication.

Telegram Wallet

A digital custodial wallet integrated into the popular messenger Telegram allows users to securely store, send, and receive TON cryptocurrency. It was created in the format of a chat-bot to simplify the interaction process with coins, making them accessible to a wide audience.

Features:

  • Coin transfers directly in the dialogue without a commission;
  • Transactions and user data are protected by advanced encryption methods;
  • Instant transactions thanks to TON blockchain technology;
  • Receiving cryptocurrency via QR code;
  • Built-in P2P platform for buying and selling coins;
  • Support for decentralized applications.

Ledger

Recently, hardware non-custodial wallets from Ledger have also started supporting the storage of TON. To store coins, users can use Ledger Nano S, S Plus, and X devices. It is necessary to update the firmware, install the TON Network app via Ledger Live, and use MyTonWallet to manage TON.

Features:

  • Support for over 5500 different cryptocurrencies;
  • Integration with popular wallets and applications for managing crypto assets;
  • Transaction confirmations via the screen on the device to prevent phishing attacks;
  • Restoring access to assets using a seed phrase in case of loss or damage to the device.

Which Wallet to Choose?

As you can see, each reviewed wallet offers users a high level of security and a wide range of additional features. The following tips will help you make your choice:

  • If maximum control over tokens is your priority, choose a non-custodial wallet. If convenience and support are more important, opt for a custodial one;
  • If you are a beginner and unsure about handling all the technical aspects of hardware solutions, custodial crypto wallets like Cropty Wallet or Telegram Wallet will be easier to use;
  • Keep in mind that custodial wallets are potentially more vulnerable to hacks, so it is important to trust your assets only to reliable services. Non-custodial crypto wallets are safer in terms of key control but require responsible storage.

Experienced users advise storing long-term cryptocurrency investments on hardware non-custodial wallets and using exchanges and services for everyday transactions. From this, it can be concluded that the best wallet for TON is a custodial one, as the token is more often used for purchases and transfers between people rather than for long-term storage to increase capital.

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is a renowned author in the field of cryptocurrency and blockchain technology. With years of experience, he has gained extensive knowledge in the world of Bitcoin wallets and has become an expert in reviewing, analyzing, and providing insightful guides on the best wallets available in the Kenyan market. His expertise in wallet security is highly regarded, making him a trusted source of information for Bitcoin users in Kenya.

6 Comments

  1. JenniferSmith on

    As a user of TON, I believe the integration with Telegram has greatly contributed to its popularity. The fast transaction speed and low fees make TON a top choice for many users looking for a reliable blockchain platform.

  2. As a long-time cryptocurrency enthusiast, I believe that the security of my assets is paramount. When it comes to Toncoin (TON), opting for a non-custodial wallet is a wise choice. With full control over my private keys, I can ensure the safety and integrity of my holdings. The convenience of custodial wallets may be tempting, but the risk of relying on third parties for security is too great in the world of blockchain technology.

  3. JenniferSmith on

    As a cryptocurrency enthusiast, I believe the key to securely storing and managing TON lies in choosing the right wallet. The features of TON like fast transaction speed and minimal fees make it a promising asset for users. With the growing interest in Toncoin (TON) in Kenya, having a reliable wallet is essential for seamless transactions and peace of mind. Understanding the differences between custodial and non-custodial wallets is crucial in ensuring the safety of our digital assets.

  4. RebeccaSmith123 on

    As a tech enthusiast, I believe that the security and control over my assets are paramount. Therefore, I prefer non-custodial wallets for TON as they give me full ownership of my private keys and ensure a higher level of security for my cryptocurrency.

  5. As an enthusiast of blockchain technology and cryptocurrencies, I believe that having a reliable wallet for TON is paramount. The security of my assets is non-negotiable, and the features of a non-custodial wallet align perfectly with my values of decentralization and control over my own funds.

  6. AliceSmith21 on

    As a cryptocurrency enthusiast myself, I believe having a reliable wallet for TON is crucial for ensuring the security and accessibility of one’s coins. The integration with Telegram definitely gives TON an edge in user adoption. It’s fascinating to see the growing interest in TON in Kenya, showcasing its practicality in real-world transactions. Understanding the difference between custodial and non-custodial wallets is vital for making informed decisions in crypto storage solutions.

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