Creating and managing cryptocurrency wallets is a fundamental skill for anyone exploring blockchain ecosystems, especially when participating in airdrops, decentralized applications (dApps), or cross-chain transactions. This comprehensive guide walks you through setting up the most commonly used wallets—Binance Smart Chain (BSC), Huobi ECO Chain (HECO), Tron (TRX), and Ethereum (ETH)—with clear steps, safety tips, and practical insights.
Whether you're new to crypto or looking to streamline your wallet management, this tutorial ensures you’re equipped with everything needed to securely generate and use multiple wallet addresses using a single trusted app.
Why You Need Multiple Wallet Addresses
When claiming crypto airdrops, projects often require specific wallet addresses based on their underlying blockchain network. The four most frequently requested are:
- ETH (Ethereum)
- BSC (Binance Smart Chain)
- HECO (Huobi ECO Chain)
- TRX (Tron)
While these chains differ technically, they all support wallet creation via compatible apps. Importantly, even if two chains use similar address formats (e.g., 0x...), you cannot assume cross-compatibility. Sending tokens to an incorrect chain may result in permanent loss.
👉 Learn how to safely manage multi-chain wallets in one place.
Understanding Key Blockchain Networks
1. Binance Smart Chain (BSC)
Despite sharing the same 0x... address format as Ethereum, BSC is a separate network. It uses BEP-20 tokens and requires BNB for gas fees. Do not use your ETH address directly for BSC airdrops—always ensure you're on the correct network within your wallet app.
⚠️ Note: Binance Chain (BEP-2) and Binance Smart Chain (BEP-20) are different. BEP-2 addresses start withbnb..., while BEP-20 uses0x....
2. Huobi ECO Chain (HECO)
HECO also uses Ethereum-style 0x... addresses but operates independently. It requires HT (Huobi Token) as gas for transactions. Like BSC, it’s incompatible with ETH even though the format looks identical.
3. Tron (TRX)
The Tron network uses a unique address format starting with T.... It’s optimized for fast, low-cost transactions and powers many dApps and gaming platforms. TRX itself is used to pay for bandwidth and energy on the network.
4. Ethereum (ETH)
As the pioneer of smart contracts, Ethereum remains essential for DeFi, NFTs, and major airdrops. However, its main drawback is high gas fees, which can fluctuate dramatically depending on network congestion.
Recommended Wallet: TokenPocket (TP Wallet)
Among various options like Trust Wallet, MathWallet, and imToken, TokenPocket (TP Wallet) stands out for multi-chain support and ease of use. It allows you to create and manage ETH, BSC, HECO, TRX, and dozens more—all in one app.
This makes it ideal for airdrop hunters who need quick access to multiple wallet types without installing several apps.
👉 Discover how top users manage multiple crypto assets efficiently.
Step-by-Step: Creating a Wallet with TP Wallet
Step 1: Download & Install TP Wallet
Visit the official site and download the app for iOS or Android. After installation:
- Open the app.
Tap "I don't have a wallet" to create a new one.
- Use "I have a wallet" only if restoring from backup (via seed phrase or private key).
🔐 Security Alert: Never skip backing up your recovery phrase (seed phrase) or private key. If you lose your device and haven’t backed up, your funds are irrecoverable.
Step 2: Choose Wallet Creation Mode
Once inside:
You’ll see two options:
- Create All Wallets at Once – Recommended for airdrop users.
- Create Single Wallet – For specific needs.
Selecting “Create All” generates ETH, BSC, HECO, TRX, and other major wallets simultaneously—saving time and simplifying management.
Step 3: Switch Between Different Wallets
To switch networks:
- Tap the top-left menu icon.
- Select the desired network (e.g., Binance Smart Chain).
- Enter the BSC-HD wallet interface.
You can repeat this process for HECO, ETH, or TRX as needed. Always confirm you're on the correct chain before interacting with dApps or submitting addresses.
Step 4: Authorize & Claim Airdrops via dApps
Many airdrops require connecting your wallet to a project’s decentralized application (dApp). Here’s how:
Example: Claiming a HECO-Based Airdrop
- Switch to Huobi ECO Chain in TP Wallet.
- Navigate to the DApp Browser section.
- Enter the official airdrop URL in the address bar or scan the QR code.
- Connect your wallet when prompted.
- Follow on-screen instructions to complete tasks and claim rewards.
✅ Critical: Never connect your wallet on suspicious sites. Always verify URLs and avoid phishing links.
Gas Fees Across Chains: What You Need to Know
Every blockchain transaction requires a fee—commonly called gas—paid in the native token of that network:
| Chain | Gas Token | Cost Level |
|---|---|---|
| Ethereum (ETH) | ETH | High (can exceed $10 during peak times) |
| Binance Smart Chain (BSC) | BNB | Very low (~$0.10 per transaction) |
| Huobi ECO Chain (HECO) | HT | Very low |
| Tron (TRX) | TRX | Minimal |
💡 Pro Tip: Keep small balances of ETH, BNB, HT, or TRX in respective wallets to cover future gas costs. For BSC and HECO, just $5–$10 worth of BNB/HT can last months due to low fees.
👉 See how experienced traders minimize transaction costs across chains.
Security Best Practices
Creating wallets is easy—but protecting them is crucial.
✅ Do:
- Back up your seed phrase offline (paper or hardware).
- Use strong passwords and enable biometric login.
- Double-check network selection before sending funds.
- Regularly update your wallet app.
❌ Don’t:
- Share your seed phrase or private key with anyone.
- Store backups digitally (e.g., screenshots, cloud).
- Use public Wi-Fi when accessing your wallet.
- Click unknown dApp links from social media.
Frequently Asked Questions (FAQ)
Q1: Can I use my MetaMask wallet for BSC and HECO?
Yes! MetaMask supports custom RPC configurations for BSC and HECO. However, mobile users may find TP Wallet more convenient due to built-in multi-chain support.
Q2: What happens if I send ETH to a BSC address?
You risk losing funds permanently unless the service supports cross-chain recovery. Always confirm the correct network before transferring.
Q3: Is TP Wallet safe?
TP Wallet is widely used and open-source reviewed. While no software is 100% risk-free, following security best practices significantly reduces exposure.
Q4: Do I need separate wallets for each chain?
Not necessarily. Apps like TP Wallet generate multiple HD wallets under one seed phrase—so you can manage all chains securely in one place.
Q5: How much does it cost to create a wallet?
Creating a crypto wallet is completely free. Never pay anyone to “generate” a wallet for you—it’s something you do yourself instantly.
Q6: Why do some airdrops ask for wallet authorization?
Authorization proves ownership and enables interaction with smart contracts. It doesn’t give full control unless you approve spending permissions—always review what you’re signing.
Final Thoughts
Mastering wallet creation across ETH, BSC, HECO, and TRX opens doors to countless opportunities in DeFi, NFTs, and airdrops. By using tools like TP Wallet, you simplify management while maintaining control over your digital assets.
Remember: security comes first. Backup your data, verify every step, and stay informed about evolving threats in the crypto space.
With the right knowledge and tools, navigating multiple blockchains becomes not just manageable—but empowering.