How To Earn Tron (TRX) coin Passively with the TronWatch Wallet

Learn how to passively get FREE Tron coins with Tronwatch. This tutorial will guide you through setting up a TronWatch wallet to hold your TRON or TRX coins.

TRON is a cryptocurrency that often finds its way into the top ten cryptocurrencies (based on trading volume) so it's a coin you should definitely be watching. I will also show you how to passively earn free airdrops of TRX and TRC20 tokens as a reward by leveraging Tron Power you can tap into by putting Tron into a wallet. Tron can provide you with residual income just by holding it in the wallet using this easy and free method. So to get started, your going to want to first go to, Tron.network and the direct link for this Tron. Network website will be right below this video. In order to access the official wallet download link for TronWatch. So this is the home page of Tron. Network and we're just going to click the 'wallet' link up top. Then we're going to scroll down on this page. And we're gonna click the download link for Tron Wallet Desktop.

When we click download, it takes us to the actual Github page, where we can download the install file for the TronWatch wallet, depending on which computer system that you're using. I'm using a Mac today, so I'm going to download from the Mac OSX.dmg, if you are using windows you are going to download using the windows .zip. If you are using LInux, you can use this LInux.zip.

Once you have downloaded it, go ahead and install it and open it up. Once you have the TronWatch application open, it will ask you to create a new wallet. Come up with a name for your wallet, and type it in. Then click create. Then create a strong password for your wallet. Use something with capital and lowercase letters, numbers, and symbols. I often use a multiple word phrase and mix it up accordingly.

Once you have your password entered, in both fields here, then click submit. Once that is done, you will now be in your newly created TronWatch wallet. Next, you should secure your wallet by copying down the 24-word recovery phrase and private key. Just click the three little black dots on the upper right-hand corner of the wallet to open the dropdown menu.

You also have the options to delete and rename wallets from this same menu. Over on the lower left-hand side of the wallet you can also make multiple wallets by clicking the 'create new wallet' button. But for now, your going to just select 'backup wallet'. From here you're going to get a piece of paper and write down your 24 word recovery phrase and private key. I would write it in multiple places just to be safe, multiple pieces of paper that you hide in multiple places. And if you have a way of encrypting files, like a file encryption software, you could copy this information to a text file and encrypt it.

I would still, however, keep the encrypted files stored off of the same computer that the wallet is on. Never leave the passwords and private keys written anywhere on your computer, that is not encrypted. Now that we have completed setting up your new wallet and recording the recovery phrase. You are ready to start using your wallet to store Tron and earn daily airdrops with Tron Power.

You get Tron Power equal to the amount of Tron currency that you have in your wallet. When doing this, it locks your Tron up for at least three days after that at any point you can unfreeze your Tron for trading. However, once you have Tron Power it is absolutely free, meaning it cost you zero Tron, to use your Tron Power to vote in the supernode elections and qualify for free daily airdrops of TRX and TRC20 tokens. Which are similar to ERC20 or Ethereum network tokens. You can earn a residual income just by holding Tron. And you don't need to vote manually every day either. Once you leave your votes allocated however you want, you can leave it allocated for as long as you want and keep automatically gaining the daily airdrops and accumulating Tron.

Then, of course, you have the two main functions of the wallet, send and receive. When you click 'send' it opens up a screen where you can just paste in the Tron address into the recipient address field, and then you can type the amount of TRX that you are trying to send. And then you can quickly hit send. And Tron sends very fast. It's almost instant. Then you can click the back arrow, to get back to the main area.

To access to your wallet receiving address just click the "receive" button. It will show your text address and the same address in the form of a QR code, which can be scanned by a mobile Tron wallet app.

Once you copy the address from here, and you can email it or send it via social media message to whoever is trying to pay you in Tron. Always make sure when copying and pasting addresses, that you check that the first two digits and the last two digits are the same from where you copied to where you pasted. Then you will know the whole thing in between is correct. From here we'll go ahead and click the back arrow. Now before you go to vote your just going to have to deposit some Tron to your wallet. And then your going to have to select the 'freeze TRX' option.

Then from here you are just going to type in the amount of Tron that you would like to freeze, and then click freeze. Then once you've done that, you'll be ready to click the back arrow to get back to this screen, and then move on with the voting process. Which I will explain to you next. Next we will click the vote icon on the left, and it will bring up a scrollable list of supernode candidates in descending order according to who has the most Tron Power, or votes.

So from here we are going to click the red button, that says 'start voting'. Now just to give you a quick explanation of what a supernode is. They are basically the supernodes that are mining the transactions on the Tron network. And they are also doing things like developing video games that are using Tron, and they are doing positive things to support the Tron network. So you can research into any of these supernodes that are available for voting and see what they are doing in particular and put your votes where you want them to go, where you think your going to get the most bang for your buck. Another benefit is many of these supernode representatives provide airdrops of free Tron and Tron TRC20 tokens, which can provide you with a daily residual income of cryptocurrency. So from here you will select your wallet of choice from the dropdown menu and then it will say how much Tron Power you have up at the top.

You can allocate your Tron Power to whoever you want. It can go to just to one candidate, or you can split it up amongst two or however many candidates that you want to support. Always do your research about any of these supernode candidates and figure out which ones you want to support. You can google the name of their team and the word Tron, so you can find details about their program, what they offer and what they are doing to support the Tron network and ecosystem.

I highly recommend allocating your votes to Team Tronics because they are consistently very rewarding with their airdrops. I've been on average earning around $20 worth or about 900-1200 Tron coins per day, with the amount of Tron Power that I have. So it's a cool incentive to participate in Tron's democratic system. I

Now We'll head right back over to the main wallet screen real quick. So we can go ahead and select 'tokens' next. From here it gives us a scrollable list of TRC20 tokens. You can click into any of them for the ability to purchase them with Tron from any of your Tron wallets. Some of these tokens may actually become worth something someday. As there are many serious tokens that came from Ethereum's ERC20 standard, the Ethereum token. Which is the same idea only implemented on the faster Tron blockchain. So many would be Dapp developers and token creators are moving to Tron.

You can also use the red button at the bottom left-hand part of the wallet to create your own Tron token. It will cost you some amount of Tron to create the actual token supply. And there is not really much use in the 'settings' menu. You can leave feedback to the wallet developers. Or access ways to share your Tron wallet receiving address. Or you can enable 'push notifications'. So anytime you open this Tron desktop wallet, once you are done you should close it right away using the little 'x' in the upper right-hand corner of the wallet, to secure your funds.

Because if anyone uses this computer when the wallet is open, they will have full access to send funds or look at your recovery phrase or private key. Which would for obvious reasons be very bad. They would have access to your money with that information. But if you close the wallet down, then it requires your complicated password the next time that it opens up, which makes it secure. And this way the wallet kind of acts like a cold storage wallet. I have personally submitted a request to the developers via Github to add a feature where it requires the password an additional time whenever you go to access the recovery phrase and private key area in the wallet, or you go to send a transaction.

Because then it would be easier to leave the wallet on unattended for a few minutes with actual peace of mind. I'm sure that is something that they will add, I'd assume in order to perfect this already really cool and secure Tron desktop wallet. But for now Tron Watch is a perfectly secure option and probably the best place to store your Tron off of the exchange. I hope you enjoyed this guide on how to use the Tron desktop wallet and you are ready to get started earning a residual income of Tron. If you found this tutorial to be helpful, I would really appreciate your support, all you have to do is like and share this article. You can also leave a comment below with any feedback or any questions.

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