In brief

  • Trust Wallet is a non-custodial cryptocurrency wallet founded in 2017. It is a Web3 wallet that allows users to access multiple blockchains, digital assets, and decentralized applications (DApps).

  • Trust Wallet is available as a mobile app for iOS and Android users, and as a browser extension for Chrome, Brave, Opera, Edge, and more.

  • Trust Wallet has its own governance token, TWT, which allows holders of this token to participate in voting and governance. Trust Wallet is the official decentralized wallet of Binance. Therefore, it is one of the wallets that is considered safe and secure for users.

Introduce

As more and more people use cryptocurrencies and decentralized applications (DApps), having a safe and simple way to access them becomes increasingly important. Whether you are interested in investing, payments or DApps, having too many options for different activities can be inconvenient.

So, the goal of Trust Wallet is to bring together all the features in one easy-to-use product. As part of the Binance ecosystem, Trust Wallet is a logical choice for Binance users. It is also one of the most popular cryptocurrency wallets out there, with over 70 million users.

What is Trust Wallet?

Trust Wallet is a non-custodial wallet, meaning users are responsible for holding and managing their seed phrases and private keys. As a multi-chain cryptocurrency wallet, Trust Wallet gives you access to multiple networks in one application, making it easy for you to explore the Web3 platform and DApps.

Trust Wallet was launched by Viktor Radchenko in November 2017 and immediately gained a large number of users. Binance acquired Trust Wallet in 2018 and Eowyn Chen, former VP of Marketing at Binance, took over as CEO in early 2021.

Trust Wallet is a secure, open source and decentralized cryptocurrency wallet. You can use it on your mobile or browser to access:

  • Millions of compatible tokens operating on Ethereum and EVM;

  • 100+ blockchain networks;

  • More than 10 million assets, including bitcoin (BTC), ether (ETH), BNB and Tether (USDT);

  • Over 600 million NFTs.

What can I do with Trust Wallet?

Trust Wallet supports over 70 blockchains, including Bitcoin, Ethereum, BNB Smart Chain, Solana, and more. In addition to buying, storing, and transferring crypto assets, you can also use Trust Wallet to exchange tokens, play games, earn rewards, and explore the world of non-fungible tokens (NFTs). Another important feature for Trust Wallet mobile users is the integrated DApp browser.

Trust Wallet DApp Browser

Built into the Trust Wallet mobile app is a Web3 DApp browser. This allows you to interact and access DApp and DeFi platforms without leaving the Trust Wallet app. You can use many different DApps, including OpenSea, PancakeSwap, 1inch, and Uniswap.

Staking

There are many staking options available, including BNB, Polkadot (DOT), Cosmos (ATOM), and more. Your actual profits will depend on the validators and staking opportunities available at the time. In addition, many other things will also be added.

Exchange and trade

Users can exchange between tokens in the Trust Wallet app. There are millions of cryptocurrency pairs available to trade. Swapping is easy to do and Trust Wallet doesn't charge any fees. However, note that you will have to pay fees charged by third-party liquidity providers, such as 1inch, Uniswap, and others. Trust Wallet automatically selects the provider that offers the best price.

Buy cryptocurrency

Trust Wallet allows users to buy cryptocurrency with fiat currency with a variety of online providers. You can buy cryptocurrency directly in the Trust Wallet app. It's worth noting that you can get reduced fees by holding Trust Wallet (TWT) tokens in your wallet.

Where can Trust Wallet be downloaded?

Trust Wallet is available as a mobile app (iOS and Android) and as a desktop browser extension. You can also visit the official download links on the Trust Wallet website. Make sure you are using the official website before downloading any cryptocurrency wallet or trading app.

How to set up and connect Trust Wallet to BSC?

Immediately after downloading and installing Trust Wallet, you will find all the necessary instructions to set it up. The process is quite simple and will take less than a minute. But if you want instructions on how to set up Trust Wallet and connect it to BSC, we recommend you follow this guide: Connect Trust Wallet to BNB Smart Chain (BSC).

What is Token Trust Wallet (TWT)?

Trust Wallet Token (TWT) is a governance token that allows users to participate in the wallet's decision-making process. TWT holders vote and suggest features, in-app updates, and other important changes. TWT tokens have a maximum supply of 1,000,000,000 TWT and exist as BEP-20 tokens on the BNB Smart Chain (BSC) and BEP-2 tokens on the BNB Beacon Chain.

TWT holders can also enjoy discounts on DEX services and on cryptocurrency purchases. You can buy Trust Wallet Token on Binance or earn it through marketing campaigns, giveaways, and airdrops run by the team Organized by Trust Wallet team.

Is Trust Wallet safe to use?

Yes, Trust Wallet is part of the Binance ecosystem and it implements the best security protocols. Trust Wallet has been independently audited by many industry leaders, including CertiK, Halborn and Kudelski Security.

Trust Wallet does not track any personal information, such as balances or IP addresses. Additionally, users have full control over their private keys and seed phrases. The wallet also offers built-in risk monitoring tools to alert users and help protect their assets from potentially fraudulent activities or risky transactions.

However, it's important to consider the risks of storing your keys. You can lose money if your seed phrase is lost or stolen. You should also be wary when moving in the DeFi and Web3 space. Connecting your Trust Wallet to malicious websites can also lead to hacking and financial loss. Make sure you only interact with reputable platforms and always double-check URLs to avoid scams.

summary

Trust Wallet is a useful product for anyone who is HODLing cryptocurrency, needs to interact with Decentralized Finance (DeFi) DApps, or even just looking to buy cryptocurrency. Cryptocurrency adoption largely depends on whether the product or service provides simple, convenient solutions, and Trust Wallet does just that.

Read more:

  • How to Connect Trust Wallet to BNB Smart Chain (BSC)

  • How to Connect MetaMask Wallet to BNB Smart Chain

  • What is BscScan and how to use it?

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