The Open Network (TON) blockchain has seen a surge in user numbers over the past year. According to the network’s official statistics , the number of active wallets on the network has grown to over 36 million, with over 10 million active wallets at the time of writing. The TON ecosystem includes projects like Tether, which has expanded to include the network, along with other new projects like Tap-to-Earn applications.
Source: TonStat
On The Open Network, the TON Token is called Jetton. Like the ERC-20 standard on the Ethereum blockchain, the BEP-20 standard on the BNB Chain, and the SPL standard on the Solana blockchain, Jetton is a smart contract Token on the TON blockchain. Jetton is used for DeFi interactions with decentralized applications (dApps) on the network. Some popular Jettons include Notcoin, USDT, Hydra, and Scaleton. Memecoins like Hedgehog in the fog (HIF) and Resistance Dog (REDO) are also growing in popularity on the TON network due to their low transaction fees.
Like other blockchain networks, users on the TON network manage their assets through wallet applications.
The TON Wallet was developed to interface with the TON blockchain ledger and allow users to manage their assets and transact on the network. The TON Wallet condenses complex instructions into simple clicks, allowing anyone to use and explore the network while maintaining complete ownership of their assets on the blockchain.
Users can store their TON assets in two types of wallets.
Using a TON network-enabled hot wallet, users can manage their assets and interact with DeFi on TON simply by installing a software application on their smart device. The native TON wallet is developed specifically for the network, so it provides services specific to the TON network and may include features such as Staking.
For users with assets on multiple chains, there are many multi-chain wallets that also support the TON network. In addition to assets from other blockchains, users can also manage their TON and Jetton from these wallets. Hot wallets are often designed for convenience and availability, although there is an added risk that hot wallets are always connected to the internet and the risk of losing assets in the event of a compromised private key or secret recovery phrase.
Cold Storage have a security advantage over hot wallets because they are not permanently connected to the internet, third-party applications, and the Cold Storage needs to be on hand to authorize transactions. Cold Storage are also non-custodial wallets, where users have full ownership and control over their assets.
Ledger and SafePal are examples of hardware wallets that support the TON network.
When choosing a wallet for TON assets, there are a few considerations to keep in mind:
Wallet Security
Before choosing a wallet, you can research the wallet’s security standards by looking at the wallet’s existing security audits to XEM if there are any significant or unresolved issues. If a project does not address important findings, there is always a risk of exploitation by bad actors.
Intent
Are you planning to store your assets for a long time or do you intend to actively participate in DeFi activities? If you intend to store your assets for a long time, then choosing a hardware wallet is often a better idea because it is more secure. However, this additional security makes connecting to decentralized applications more complicated, requiring additional steps.
In this case, you can choose a hot wallet for your DeFi activities, which is more convenient because it is easy to connect to any dApp anywhere.
Assets will be stored
Will you be using this wallet solely to store your TON assets, or do you plan to store assets from other chains, like ETH and BTC? If you are looking for a specific wallet to store your TON assets, choosing a TON-specific wallet like Tonkeeper can include benefits like in-app Staking or even digital asset subscriptions.
If you are planning to use the wallet for DeFi activities like cross-chain swaps or to store other assets like ETH and BTC, choosing a multi-chain wallet like Trust Wallet can help you easily manage all your assets on one platform.
Support for advanced network-specific operations
Some wallets only support basic operations like sending and receiving assets. If you are looking for a wallet to interact with DeFi on TON, plan to Staking TON on the network, or trade Jetton, make sure the wallet you choose can support these more advanced operations on the TON network.
The following article will list 8 popular wallet applications that support TON. In this article, we will first XEM at hot wallets, then Cold Storage. Hot wallets are listed based on their popularity according to SimilarWeb data and their level of support for the TON network.
Tonkeeper is an open source software wallet application created for the TON network, designed specifically for assets and dApps in the TON ecosystem. In addition to Toncoin, Tonkeeper supports Jetton, TON network Non-Fungible Token , and TON network domains, making this wallet a good choice for users who intend to interact extensively with the TON network.
Tonkeeper is available for both mobile and desktop, with over 12 million downloads on the Google Play Store and iOS App Store, along with browser extensions for Chrome, Firefox.
dApp Connection: Using the Ton Connect feature, Tonkeeper allows users to connect to decentralized applications on the TON network.
Staking: Users can also Stake their Toncoin from the Tonkepper wallet interface
In-Wallet Trading: Tonkeeper connects to decentralized exchanges on the network to allow users to swap assets without ever leaving the wallet.
Crypto on-ramps: In addition to swaps in decentralized wallets, users can also purchase assets on the TON Network with fiat money through Tonkeeper.
Battery: To avoid users having to worry about needing TON to pay for Gas Price , Tonkeeper has an off-chain Battery account that converts network fees into fees to be used for transactions. Users can fund the Battery by depositing supported cryptocurrencies or purchasing fees through Tonkeeper.
Gas USDT and Notcoin transfers: Users do not need to hold TON when transferring these Token as the fees will be paid from their USDT or NOT balance.
Subscriptions: Subscriptions on the TON Network allow users to pay for controlled access with their Toncoin , where Tonkeeper users can manage subscriptions from the wallet interface.
Payments: Payment features like barcode scanners simplify peer-to-peer payments for Tonkeeper users.
Biometric Security: In addition to a security PIN, users can secure their wallet with their fingerprint.
Multiple Accounts: Tonkeeper allows users to manage multiple TON Network accounts on the wallet app.
Tonkeeper has 24/7 user support and claims to have proven user privacy and security measures.
MyTonWallet is an open-source, non-custodial wallet for the TON Network, so the application’s codebase is publicly accessible and auditable. MyTonWallet supports Jetton, TON Non-Fungible Token , and TON DNS, allowing users to manage their TON assets from the same wallet. More recently, MyTonWallet has released new features such as “ gas” payments for transfers and swaps, where fees are deducted directly from the Token sent. MyTonWallet has also Token Issuance that is distributed free to active users, promising future benefits such as access to premium features and participation in a potential DAO.
MyTonWallet is available as an app on Chrome, iOS, Android, and Mac. Users can also open MyTonWallet from their browser.
Multiple Accounts: You can create and manage multiple TON Network accounts on MyTonWallet. The wallet supports multiple account interfaces and security.
dApp Connect: TON Connect is available on MyTonWallet. This feature allows users to connect to dApps on the TON Network and other third-party applications from their wallet.
Staking: You can Stake TON coins through your wallet app. Stakers can manage their positions and claim rewards without leaving the wallet interface.
Decentralized Swap in Wallet: MyTonWallet supports decentralized asset swapping from the wallet interface. It connects to decentralized exchanges on the TON Network to process asset swap requests. Users can enjoy instant swapping without having to leave the wallet to use third-party applications.
Non-Fungible Token Management: MyTonWallet makes it easy for users to manage their Non-Fungible Token . They can be filtered by collection, allowing users to send or burn Non-Fungible Token from a given collection in bulk.
“ Gas” payments: As mentioned above, MyTonWallet eliminates the need for TON, as fees can be deducted directly from the Token sent.
Wallet.tg (Wallet) is integrated into the Telegram chat app. The purpose of this app is to connect the TON ecosystem with Telegram users, allowing them to manage their wallets through a Telegram bot. The Wallet is not a self-custody wallet by nature and users are required to provide their name, date of birth, and phone number to use the Wallet and access all features except withdrawals.
However, there is also a self-custody version called TON Space, where users hold their own private keys and secret recovery phrases. Through TON Space, users can manage their assets on the TON blockchain and participate in DeFi activities, such as sending and receiving TON, Jetton, and Non-Fungible Token to other blockchain addresses, connecting to dApps, and swapping assets.
P2P Marketplace: The wallet runs a built-in P2P trading platform for cryptocurrencies. Users can swap crypto for fiat on the P2P marketplace.
In-Wallet Asset Trading: On-ramp purchases for TON coin and Jetton can be made in the Wallet.
Additional Passive Income Programs: Wallet also offers regular passive income programs such as promotional activities with incentives.
Biometric Security: In addition to passcodes, users can protect their wallets with personal identities like Face ID.
dApp Connectivity: TON space supports third-party connectivity through TON connect. Users can connect wallets to decentralized applications on the network and sign transactions from TON space.
Native Staking : Users can also Stake their assets through the TON Space interface and manage their positions without having to access the official Staking portal.
Tonhub is an open-source, non-custodial wallet for the TON Network designed to be easy to use. The app is only available for mobile devices at the time of writing. Tonhub supports Jetton and TON DNS, and allows users to Stake Tonhub through the Tonwhales Staking pool. TonHub is built to provide instant payments and on-the-go management of users’ assets on the TON Network. Like other self-custody wallets, only the wallet owner has custody of their wallet keys and secret recovery phrases.
Tonhub can be installed from the Google Play Store for Android devices and the Apple App Store for iOS devices, with a total of over 1,000,000 downloads across both app stores.
Connect to dApp: Ton connect is supported on Tonhub wallet. Users can connect to decentralized applications on the network and authorize transactions right from their wallet.
Biometric Security: TonHub enables enhanced security for users' assets through biometric security, where users can protect assets with their fingerprints.
Staking: Users can also participate in the native TON Staking program and manage their positions and rewards from the Tonhub wallet app.
Subscriptions: Tonhub users can also manage subscriptions from the wallet interface.
In-Wallet Purchases: Tonhub users can purchase Toncoin directly from their wallets with fiat currency through partner third-party on-ramp platforms.
Gem Wallet is an open-source, multi-chain web3 wallet that allows users to manage access across multiple chains from a single platform. Gem Wallet supports around 30 blockchain networks including Layer 2 networks, TON Network, and over 1,000 cryptocurrencies using Token Standard such as ERC-20, BEP-20, SPL, TRC-20, and Jetton.
Gem Wallet provides an intuitive mobile interface that supports advanced blockchain operations such as native Staking and connecting to dApps. Gem Wallet also connects to independent digital currency exchange services to enable on-ramp and off-ramp crypto conversions, making it easy for users to convert fiat to crypto and vice versa.
Gem Wallet can be downloaded from the Google Play Store for Android devices and the Apple App Store for iOS devices.
Open Source: Gem Wallet is an open source cryptocurrency wallet, so anyone can audit, verify and contribute to the wallet code on Github, providing users with transparency across the entire platform.
Biometric Security: Gem Wallet users can improve asset security by locking their wallets with biometric security features like fingerprints.
Buy TON in Wallet: Gem Wallet supports on-ramp purchases for Toncoin and other supported assets such as Notcoin. Users can buy TON and NOT with fiat money through partner third-party platforms.
Decentralized Swap in Wallet: Users can also swap supported assets directly from the Gem Wallet interface. At the time of writing, Gem Wallet does not support swapping for TON.
Trust Wallet was launched in 2017 and has grown to become one of the most popular cryptocurrency wallets. According to the project, more than 100 million investors use Trust Wallet to store their assets. Trust Wallet supports more than 40 blockchain networks including Bitcoin, Ethereum and its Layer 2 networks, along with TON. Trust Wallet’s multi-chain support allows users to store Toncoin alongside assets from other blockchains such as BTC, ETH , and SOL. On Trust Wallet, users can create a specific Toncoin account or import their existing account.
However, at the time of writing, Trust Wallet does not support connecting to dApps on the TON network, nor can users store Jetton in their Trust Wallet.
Trust Wallet is available for iOS and Android devices and can be downloaded from the respective app stores. Desktop users can also install the app as a browser extension .
On-ramp purchases: Trust Wallet offers on-ramp purchases for TON through third-party platforms, allowing users to purchase TON with fiat money through their wallets.
Security Features: Trust Wallet includes biometric verification like fingerprint scanning and additional security features like Security Scanner (transaction risk scanning) to keep users' wallets more secure.
The Ledger Wallet allows offline storage of cryptocurrencies, supporting over 50 blockchain networks with over 6 million users. While TON is not available by default in Ledger, users can still securely store and manage Toncoin and other TON Token using the Ledger hardware wallet and MyTonWallet c. To do this, you will need to find the TON app in the app catalog and install it on your Ledger device – further instructions can be found here .
Note, it is not possible to directly create a TON account in Ledger Live at the time of writing.
Buying Crypto on-ramp: Ledger operates Ledger Live, a feature that allows Ledger wallet owners to connect to third-party on-ramp platforms and buy coins with fiat.
Swap: Through Ledger Live, users can swap between TON and other supported cryptocurrencies.
Digital Wallet Recovery: Through the wallet recovery service provided by Coincover, Ledger Wallet allows users to recover their wallets in case of loss of login information and secret recovery phrase.
SafePal offers software and hardware wallets for cryptocurrency investors. Support for the TON Network is somewhat limited at the time of writing, as users can only store and transfer most TON Network assets, although there is an option to swap Notcoin (NOT) and buy Toncoin (TON) with fiat.
SafePal can be installed as an app for Android and iOS devices, downloaded as a browser extension for Chrome, or purchased as a hardware wallet for added security.
In-Wallet Crypto Swaps: SafePal runs a built-in cryptocurrency exchange on its wallet, although TON blockchain users can only swap Notcoin for other supported assets on the market at the time of writing.
On-ramp purchases: SafePal users can purchase Toncoin with fiat currency through third-party on-ramp cryptocurrency platforms.
This article has XEM a number of software wallet applications that support the TON network. The selection criteria include popularity, network support, and other factors. Therefore, this list is not exhaustive. Additionally, users can also choose other TON wallets not listed above to store and trade TON Network assets.
When choosing a wallet, consider your needs and make sure you choose a wallet that fits your requirements. Also, always do your research on the wallets you choose to ensure there are no known security issues and always store your secret recovery phrase offline, ideally on crypto steel. Finally, hot wallets rank lower than Cold Storage in terms of asset security, so investors should consider storing their assets in Cold Storage for the long term.
However, please note that this article reviews selected wallets for educational purposes only and should not be considered financial advice.
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Minh Anh
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