Top 10 TON Wallets for The Open Network Ecosystem in 2024 | KuCoin Learn (2024)

Introduction to The Open Network (TON) Blockchain Ecosystem

The Open Network (TON) is a decentralized, layer-1 blockchain initially developed by the team behind Telegram, the leading social messaging app with nearly 1 billion monthly active users. TON's ecosystem boasts over 800 decentralized applications (dApps) spanning DeFi, NFTs, gaming, and SocialFi. With a DeFi TVL (total value locked) exceeding $470 million, TON has gained significant traction, partly due to the viral success of Telegram games like Notcoin, Hamster Kombat, and TapSwap, which have onboarded millions of web2 users into the web3 world using the TON blockchain and its wallets.

TON DeFi TVL | Source: DefiLlama

Here’s a deep dive into the TON blockchain and how it works.

How to Choose the Right TON Wallet

Choosing the right TON wallet is essential for securely managing your digital assets and interacting seamlessly with the TON ecosystem. Here are key factors to consider when selecting a crypto wallet for the TON network:

1. Security Features: Pick the right TON wallet based on your security requirements. Here are some key security features you could choose from:

• Non-Custodial Control: Opt for a non-custodial wallet where you control your private keys. This ensures your assets are not held by a third party, reducing the risk of hacks and unauthorized access. Examples include Tonkeeper and Trust Wallet.

• Two-Factor Authentication (2FA): Enhance security with 2FA. This adds an extra layer of protection by requiring a second form of verification, such as a text message or authentication app.

• Hardware Wallet Support: For maximum security, consider hardware wallets like Ledger Nano X. These devices store your keys offline, protecting them from online threats.

By prioritizing these features, you can select a TON wallet that provides robust security, ease of use, broad compatibility, and comprehensive integration with the TON ecosystem.

Best TON Wallets of 2024

Here’s a list of the 10 best TON wallets you can use to interact with The Open Network (TON) dApps and Toncoin, based on their popularity, ease of use, and features. Among these, Trust Wallet and SafePal support multiple blockchain networks while the others featured in the list are native TON wallets.

1. Tonkeeper

With over 10 million active users, Tonkeeper is the most downloaded non-custodial wallet designed for storing, sending, and receiving Toncoin and other digital assets on the TON network. It is a versatile and user-friendly web3 wallet that caters to both beginners and advanced users. Tonkeeper is available as a mobile app for iOS and Android, a web wallet, and a browser extension for Chrome and Firefox, ensuring broad accessibility across different devices. This wallet integrates seamlessly with the TON blockchain, offering features such as a built-in exchange for buying and swapping Toncoin, staking options, and robust security measures to keep your assets safe.

Tonkeeper stands out for its simplicity and security. The wallet stores users' cryptographic keys directly on their devices, eliminating the need for personal details or cumbersome KYC processes. This approach aligns with the principles of decentralization, ensuring that users maintain full control over their assets. Key features of Tonkeeper include its fast transaction speeds, low fees, and a user-friendly interface that simplifies managing your TON assets. Additionally, the wallet's staking feature allows users to participate in the TON network's consensus protocol by delegating their Toncoins to validators. However, users should be cautious as staking relies on third-party smart contracts. Overall, Tonkeeper's combination of security, functionality, and ease of use makes it a top choice for managing Toncoin.

Here’s a tutorial on how you can create a Tonkeeper wallet.

2. @Wallet

@Wallet is a user-friendly cryptocurrency wallet integrated directly within Telegram. It enables you to buy, sell, exchange cryptocurrencies, and send Toncoin (TON) without fees between Telegram users. This seamless integration with Telegram's massive user base has helped @Wallet gain popularity, making it a convenient choice for users already familiar with the messaging app. With over 20 million users leveraging @Wallet for their crypto transactions, it is a significant player in the TON ecosystem.

Key features of @Wallet include instant, fee-free transfers between Telegram users, a built-in exchange for buying and selling cryptocurrencies, and the ability to deposit and withdraw crypto assets. The wallet's interface is designed to be intuitive, allowing users to manage their funds directly from their Telegram chat interface. However, @Wallet does not support NFTs or tokens, and users cannot import external wallets due to custodial storage limitations. This makes it less flexible than non-custodial wallets where users have full control over their private keys.

Pros of using @Wallet include its ease of use, seamless integration with Telegram, and zero-fee transfers between users. On the downside, it lacks support for NFTs and tokens and does not offer the same level of control over private keys as non-custodial wallets. Despite these limitations, @Wallet remains a popular and convenient choice for those looking to manage their TON assets directly within Telegram.

3. MyTonWallet

MyTonWallet is a feature-rich, open-source wallet designed specifically for the TON blockchain. It is a self-custodial wallet, meaning you have complete control over your funds and are solely responsible for your secret recovery phrase. With over 1 million active users, MyTonWallet supports a wide range of functionalities, including receiving and transferring jettons, buying and selling NFTs, and handling multiple accounts and blockchains. This wallet offers low fees and a user-friendly interface that combines elegance with practicality, making it an excellent choice for both beginners and advanced users in the TON ecosystem.

Key features of MyTonWallet include support for multiple tokens and blockchains, an integrated space for managing NFTs, and the ability to switch seamlessly between different accounts. Its cross-platform availability ensures you can access your wallet from various devices, including Mac, Chrome, iOS, Android, and browser extensions. However, users must remember that as a self-custodial wallet, losing the recovery phrase means losing access to the funds permanently. Despite this, its open-source nature and robust security features make MyTonWallet a trusted and popular option for managing Toncoin and other digital assets within the TON network.

4. Tonhub

Tonhub is a non-custodial wallet designed for the TON blockchain, offering advanced security and a user-friendly experience. This wallet allows you to send, receive, store, and stake Toncoin (TON) with ease. One of Tonhub's standout features is its compatibility with all existing TON wallets, making it a versatile choice for users. The wallet operates with no registration or personal information required, ensuring user anonymity and privacy. Its fast transaction speeds and low fees are particularly appealing, providing a smooth and efficient user experience.

Key features of Tonhub include bulletproof security measures such as PIN and biometric login, ensuring that only you can access your funds. The wallet supports instant transactions with significantly lower fees compared to other blockchains. Users can receive personalized push notifications about recent transactions, enhancing the overall user experience. However, it's important to note that some users have reported occasional issues with updates and wallet functionality, which can be a drawback. Despite these challenges, Tonhub remains a popular and reliable option for managing Toncoin, with a high user satisfaction rating and a commitment to maintaining privacy and security.

5. OpenMask

OpenMask is a non-custodial web browser extension that facilitates interactions with the TON blockchain. As a browser extension, OpenMask functions similarly to MetaMask but is tailored for The Open Network (TON) blockchain. It allows you to manage your TON private keys, send and receive Toncoin, and interact seamlessly with dApps. One of its standout features is the ability to integrate deeply with the browser, injecting the TON web3 API into websites to enable direct blockchain interactions. This makes it a powerful tool for users looking to engage with the TON ecosystem directly from their web browsers.

Key features of OpenMask include support for Jettons, NFTs, TON DNS, and biometric authentication, ensuring a high level of security and convenience. The wallet also integrates with Ledger hardware wallets, offering additional security options for users. OpenMask's open-source nature ensures transparency and trust, as users can review the source code on GitHub. However, as it is a relatively new extension, some users might encounter occasional bugs or issues, and its user base is still growing. Despite these minor drawbacks, OpenMask offers a robust and secure way to manage TON assets and interact with the TON blockchain from within your browser.

6. Gem Wallet

Gem Wallet is a comprehensive, open-source cryptocurrency wallet that supports multiple blockchains, including Ton, Bitcoin, Ethereum, Solana, etc. With a user base of over 15,000 and support for over 1,000 crypto assets, it serves as an all-in-one solution for managing, trading, and tracking your digital assets. The wallet is available on iOS, Android, and as a web application, making it accessible from a variety of devices. One of Gem Wallet's standout features is its seamless integration with the decentralized finance (DeFi) ecosystem, allowing users to participate in staking, swapping, and other DeFi activities directly from the wallet. The wallet's user-friendly interface and robust security measures make it a popular choice among both beginners and experienced crypto users.

Key features of Gem Wallet include its support for over 1,000 cryptocurrencies, real-time market data, and top-notch security protocols such as encryption and multi-factor authentication. Users can buy cryptocurrencies using a credit card directly within the app, enhancing its convenience. The wallet also supports the management of NFTs and Jettons, which are digital tokens specific to the TON blockchain. Despite its extensive feature set, some users may find the wide range of functionalities overwhelming. However, its open-source nature and community-driven development model ensure continuous improvements and transparency. Gem Wallet has garnered a high user satisfaction rating, with users praising its speed, ease of use, and comprehensive feature set.

7. Trust Wallet

Trust Wallet is a widely-used, non-custodial mobile wallet that supports over 10 million digital assets across more than 70 blockchains, including Toncoin (TON). Acquired by Binance in 2018, Trust Wallet has grown rapidly, with over 80 million downloads globally. Its integration with the Binance ecosystem makes it an excellent choice for both beginners and experienced users looking for a comprehensive wallet solution. Trust Wallet offers a user-friendly interface, allowing you to easily manage, trade, and store a wide array of cryptocurrencies and NFTs. It is available on iOS, Android, and as a browser extension.

Key features of Trust Wallet include its self-custody model, ensuring you have complete control over your private keys. The wallet supports staking, a built-in exchange for swapping assets, and a dApp browser for accessing decentralized applications directly. It also provides options for biometric authentication and encrypted cloud backup for added security. However, it lacks advanced security features like 2FA and multi-signature support, which might be a drawback for some users. Despite this, its versatility and ease of use make Trust Wallet a popular choice among crypto enthusiasts.

8. Coin Wallet

Coin Wallet is a versatile, non-custodial cryptocurrency wallet that supports a wide range of digital assets, including Toncoin (TON). Designed for ease of use and robust security, Coin Wallet is available as a web wallet, mobile app (iOS and Android), and desktop application (Windows, Linux, and MacOS). This cross-platform compatibility ensures you can manage your assets from any device. Enjoying a user base of over 24 million worldwide, Coin Wallet supports major cryptocurrencies like Bitcoin, Ethereum, Solana, and Toncoin, making it a comprehensive solution for diverse crypto portfolios.

Key features of Coin Wallet include AES-256 encryption, BIP39 passphrase encryption, and support for PIN or biometric login, ensuring strong security for your assets. The wallet also offers two-factor authentication (2FA) using a FIDO-certified security key for sensitive actions. Additionally, Coin Wallet provides privacy features such as no built-in trackers, no logging, and support for Tor and VPN for enhanced transactional privacy. However, its extensive features and security measures may present a learning curve for new users. Despite this, its robust security, ease of use, and broad support for multiple cryptocurrencies make Coin Wallet a reliable choice for managing TON and other digital assets.

9. TONPAY

TONPAY is a custodial TON wallet that operates directly within Telegram, offering a fast, convenient, and secure way to manage your Toncoin (TON). Designed for ease of use, TONPAY allows you to store, send, and receive TON coins seamlessly. The wallet integrates a PIN code for added security and enables lightning-fast transactions within the TON network. This makes it an attractive option for users who prefer to handle their cryptocurrency directly from their messaging app. It offers a superior overall user experience by eliminating the need for separate wallet applications.

Key features of TONPAY include its integration with Telegram, which allows for easy access and management of your Toncoin. The wallet's custodial nature means that while it provides convenience and speed, it also implies that you do not have full control over your private keys. This setup can be a drawback if you prioritize complete ownership and control of their digital assets. Despite this, TONPAY has gained popularity for its user-friendly approach and secure transactions, making it suitable if you value convenience and integration with Telegram. However, it's important to be aware of the trade-offs involved in using a custodial wallet.

10. SafePal

SafePal is a robust and versatile wallet designed to securely manage cryptocurrencies, including Toncoin (TON). It was founded in 2018 and is the only hardware wallet investment of Binance Labs. SafePal serves over 10 million users with its range of products, which include hardware wallets, software wallets, and a browser extension. The SafePal S1 hardware wallet is notable for its advanced security features, such as an EAL 5+ secure element chip, true random number generator, and air-gapped signing mechanism. These features ensure your private keys are kept offline and secure from potential online threats.

Key features of SafePal include its support for a vast array of cryptocurrencies, seamless integration with Binance for spot trading, and a user-friendly interface. The wallet allows you to manage, swap, and trade assets conveniently, providing a comprehensive solution for crypto enthusiasts. Pros of using SafePal include its high level of security, affordability compared to other hardware wallets, and wide range of supported assets. However, the reliance on a hardware device for full functionality might be a drawback for some users who prefer a more purely digital approach. Despite this, SafePal's blend of security, functionality, and ease of use makes it a popular choice among crypto users.

How to Set Up a @Wallet TON Wallet

In order to help you understand how to set up a TON wallet, here’s an example of a step-by-step guide on creating a @Wallet on Telegram. Follow these steps to download, set up, and secure your wallet.

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1. Download @Wallet: Open Telegram and search for @wallet. Click on the official @wallet bot and start the conversation by clicking the "Start" button.

2. Create a New Wallet: The bot will guide you through the setup process. Select "Create a Wallet." You will be given a 24-word recovery phrase. Write this down and store it in a secure place. This phrase is crucial for recovering your wallet if needed.

3. Secure Your Wallet: Set a strong password for your wallet. This adds an extra layer of security to protect your assets. Enable 2FA if available. This helps secure your wallet by requiring a second form of verification.

4. Add TON to Your Wallet: You can now add TON to your wallet. Click on "Deposit" and follow the instructions to add Toncoin (TON) to your @wallet. You can purchase TON through KuCoin and transfer it to your @wallet address.

5. Manage Your Assets: Use @wallet to send, receive, and manage Toncoin and other supported assets. Explore the TON ecosystem by interacting with dApps and participating in staking directly from your wallet.

How to Manager Your Wallet’s Recovery Phrase and Security

By following these steps and tips, you can effectively set up and secure your @wallet, making it easy to manage and protect your TON assets:

• Store Offline: Write down your 24-word recovery phrase and store it offline in a secure location. Avoid storing it digitally to prevent potential hacking risks.

• Multiple Copies: Create multiple copies of your recovery phrase and store them in different secure locations. This helps ensure you don't lose access to your wallet if one copy is lost or damaged.

• Use a Password Manager: If you choose to store your recovery phrase digitally, use a reputable password manager to encrypt and secure it.

• Enable 2FA: If your wallet supports two-factor authentication, enable it to add an additional layer of security.

Closing Thoughts

Choosing the right TON wallet also enhances your experience with trending Telegram games like Notcoin, Hamster Kombat, and TapSwap. These games, built on the TON blockchain, offer unique gaming experiences and rewards, but they require a secure and compatible wallet for smooth interaction. By selecting a reliable TON wallet, you can enjoy these games while ensuring your assets are well-protected.

Ensuring the security of your digital assets is paramount. Always back up your recovery phrases and store them in a safe place. This step is critical for recovering your wallet if you lose access to your device. Additionally, enabling 2FA provides an extra layer of security, protecting your assets from unauthorized access.

A well-chosen wallet not only safeguards your assets but also maximizes your engagement with the TON ecosystem, providing both security and convenience.

Further Reading

• How to Create a Tonkeeper Wallet for the TON Ecosystem

• How to Add The Open Network (TON) to MetaMask

• Top Telegram-Based Crypto Games to Watch

• What Is Hamster Kombat? A Guide to the Trending Telegram Crypto Game

• How to Earn Hamster Coin with Daily Combo and Daily Cipher

• What Is TapSwap (TAPS)? All About the Viral Telegram Crypto Game

• A Deep Dive Into The Open Network (TON) and Toncoin

• Top dApps in The Open Network (TON) Ecosystem