How To Use The TronWatch Wallet To Earn Tron / TRX Passively | Bitcoin Lifestyles Club


Hello my fellow bitcoin and cryptocurrency
enthusiasts. Caleb Wright from Bitcoin Lifestyles Club
and today I have a video training that will walk you through setting up and securing your
TronWatch Desktop wallet, for Tron. Also known as TRX. A cryptocurrency that often finds its way
into the top ten of cryptocurrencies globally by trading volume that you should definitely
have your attention on. 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. This is a new wallet, that I’m just going
to destroy after finishing this video anyways. So I’m going to move over to the actual Tron
Watch wallet that I have been using on my PC now. This is my actual Tron wallet, over on my
PC. As you can see, I have 13,180 Tron available
in my wallet right now. This is specifically what I’ve earned cumulatively
for Tron airdrops since I switched to using the Tron Watch wallet. I have a total of 6,403,905 Tron Power. You can only have as much Tron Power as you
have Tron. When you deposit Tron into your wallet, you
can select to ‘freeze’ your Tron. LIke with this button right here ‘Freeze Tron’,
to gain 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 everyday
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. I will go into a little more detail about
this in a minute. So from this area you can also see all the
transactions that have occurred within the wallet right here. You can see my last vote for Team Tronics,
who I have identified as a quality candidate for my Tron Power votes. Because they are doing positive things to
help the Tron network grow and they also pay out nice airdrops of Tron and Tron Tokens
daily. And you can see the transactions of incoming
Tron and Tron Tokens from the airdrops. You can click on any of these transactions
for further details. You see these are some Tron network tokens
right here. James, NBA coin, Huobi Token, it’s like an
exchange. Scroll down we got some more, types of tokens
here. All sorts of airdrop rewards coming through
since I’ve started using the Tron Watch wallet. You can also scroll sideways through the list
of Tron tokens that you might have. It also displays a vertical list over here
on the left of the wallet. You can click any of the token names from
the horizontal list and it will pull up all the transactions for that token. I clicked Bithumb right here and it shows
the one transaction where I received Bithumb, click it and I’ll get the details like so. Click the back arrow to go back. 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. And then we’ll click receive. From here you have access to your wallet receiving
address. In the form of a QR code, which can be scanned
by a mobile Tron wallet app or you can copy the address right down here, where it says
‘your wallet address’, from beginning to end and then send it to whoever is trying to send
you Tron. You can 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. I already have used all mine, so it’s not
going to show any here, alright. It says all votes are currently used. And then you can scroll through this list
and allocate your Tron Power to whoever you want. You can give it all to one candidate, or you
can split it up amongst two or however many candidates that you want to support. You can always do your research again about
any of these supernode candidates and figure out which ones that 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. For example, if we google Team Tronics and
Tron. You will see it’s main website is number one
in Google and you will also be able to find their twitter account. So you can connect with them and their Facebook
page. Which would give you plenty of information
about whether you want to allocate some voting power their way. But again, 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’ll just show you by scrolling down a little
bit here, is Team Tronics and I have all my voting power 6.4 million or so of it, allocated
to them. And I get a very nice airdrop daily from them. But basically after you type in the number
of Tron Power that you have, just click submit, and then your Tron Power will officially be
allocated to Team Tronics. Or whoever else it is that you are voting
for. And once you’ve allocated your Tron Power,
then you can finally click submit and start receiving your daily airdrops of Tron and
Tron network tokens. It really is that easy. 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 useful 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 video walkthrough
of how to use the Tron desktop wallet and you are ready to get started earning a residual
income of Tron. If you found this video training to be helpful,
I would really appreciate your support, all you have to do is click the ‘LIKE’ button
and leave a comment below with your feedback or any questions you have. You can also share with your friends on social
media, who might also be interested in getting started with Tron. And if you want to get started on the right
foot with creating wealth through cryptocurrency and not waste any time maximising your results,
you should take a serious look at my cryptocurrency trading, investing and mining mastery course. And my 24-7 running mastermind chat group
on Slack. You can get more info about all of this at
my website www.bitcoinlifestyles.club. If you’d like more information, you can find
the link in the video description below. Feel free to contact me if you have any questions. If you are still really new to cryptocurrency,
be sure to checkout my FREE Crypto Mini Course and gain a foundational understanding of Bitcoin,
blockchain and cryptocurrency and how it’s changing the world, and how you can benefit
and profit from it. You can find a link to my FREE Crypto Mini
Course right in the top navigation of my BitcoinLifestyles.club website. And it’s FREE. Caleb Wright signing off from Bitcoin Lifestyles
Club. I wish you nothing but massive success and
will catch you on the next training video, where I’ll show you whatever I find for clever
crypto based income producing strategies that enhance your personal financial freedom. Be prosperous until then, and I’ll catch you
on the next video.

28 thoughts on “How To Use The TronWatch Wallet To Earn Tron / TRX Passively | Bitcoin Lifestyles Club”

  1. Thanks for your tutorial for this wallet… which i have. I have a question though… I am getting quite a bit of Tarquin TARQ tokens for voting for the TronTronix… how can I send those tokens and trade them?

  2. This wallet is pretty good, but I do not see how a wallet that is on your computer is safer than a wallet that needs an offline key like with the ledger or trezor?

  3. I must be missing something… Sorry for these stupid question… I am not understanding the value of these other altcoins in your wallet (and mine). For example, in your wallet you have 171 Bitcoin: how much is that worth and how would you get the money? It isn't actually Bitcoin (I got 1 Bitcoin dropped a few time and if if I look at the transaction it says it is worth $0.02). Another example: I have something called WIN in my wallet and on August 13th I received 2500 of them (probably through voting?) I was getting 1 every now and then and then August 13th I got 2500. It says 2500 is worth $51,500 USD? 1) Why would I get such a huge drop 2) Can I actually get my $51,500 dollars?

  4. What's the diferences than tronscan wallet? I am using Tronscan wallet right now should I use tronwatch wallet instead?

  5. hi celeb. I have a question ? I have 61,415 tron power and like you my vote for tronics. how long does it take to get trx for it? I have day 6 today

  6. thank you so much for your video, its really sol helpful. Even for us(Russians) by the way do you really believe that Tron Has a wonderful future ??

  7. Thanks for this information on SUPERNODES. Great video. This is the best way to support SUPERNODES and get involved in the TRON ecosystem.

  8. noob question, so when i freeze my trx it gets converted to tron power. now i use that tron power to vote so did i lose my trx tokens by doing this?

  9. Caleb, between bandwidth, power and energy, which is most useful? What is the purpose of each? I have more than 25,000 TRX and I freeze them all the time and occasionally vote for different Super Reps. Im not even earning $0.50 worth of TRX per week. How can I do better? I have just changed my votes for Team Tronics.

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