Summary

  • Trust Wallet is a non-custodial cryptocurrency wallet founded in 2017. It is a Web3 wallet that gives users access to a wide range of blockchains, digital assets, and decentralized applications.

  • 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 also has its own governance token, TWT, which allows holders to participate in important votes on governance matters. Trust Wallet is Binance's official decentralized wallet, making it a secure option for users.

the introduction

As the number of users of digital currencies and decentralized applications increases, it becomes increasingly important to have a simple and secure way to access these currencies and applications. Whether you are interested in investing, payments, or decentralized applications, using multiple solutions for different activities can become overwhelming.

This is where comprehensive, easy-to-use solutions, like Trust Wallet, come into play. Since this wallet is part of the Binance ecosystem, it is highly recommended for platform users. It is also one of the most popular cryptocurrency wallets available; The number of downloads has exceeded 70 million users.

What is Trust Wallet?

Trust Wallet is a non-custodial wallet, which means users are responsible for maintaining and managing seed phrases and private keys. As a multi-chain cryptocurrency wallet, Trust Wallet gives you access to multiple networks in one app, making it easy to explore Web 3 platforms and decentralized applications.

Trust Wallet was launched in November 2017 by Viktor Radchenko, and quickly gained a large user base. Binance bought Trust Wallet in 2018, and Ewan Chen, former VP of Marketing at Binance, took over as CEO of the wallet in early 2021.

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

  • Millions of Ethereum-based tokens compatible with the Ethereum Virtual Machine

  • More than 100 blockchain networks

  • Over 10 million assets, including Bitcoin (BTC), Ethereum (ETH), BNB and Tether (USDT)

  • Over 600 million non-exchangeable tokens.

What can I do with Trust Wallet?

Trust Wallet supports over 70 blockchains, including Bitcoin, Ethereum, BNB Smart Chain, Solana, and many more. Aside from buying, storing, and transferring digital assets, you can also use Trust Wallet to swap tokens, play games, earn rewards, and explore the world of Non-Fungible Tokens (NFT). Another important feature for Trust Wallet mobile users is that it has its own built-in browser for decentralized applications.

Trust Wallet decentralized app browser

Integrated into the Trust Wallet mobile app is a Web3 decentralized application browser. This allows you to interact and access decentralized app and decentralized finance platforms without leaving the Trust Wallet app. You can use a variety of decentralized applications, including OpenSea, PancakeSwap, 1inch, and Uniswap.

Storage

There are many storage options available, including BNB, Polkadot (DOT), Cosmos (ATOM), and many more. Actual returns depend on validators and storage opportunities available at the moment, of which more will be added.

Swapping and trading

Users can swap between tokens within the Trust Wallet app. There are millions of digital currency pairs available for trading. It's easy to make exchanges, 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 offering the best rates.

buy it now

Trust Wallet allows users to purchase cryptocurrencies using local currencies, with several crypto-to-local currency providers available. You can buy cryptocurrencies directly in the Trust Wallet app. It should be noted that you can get discounted fees by holding Trust Wallet (TWT) tokens in your wallet.

Where can I download Trust Wallet?

Trust Wallet is available as a mobile app (iOS and Android) and desktop browser extension. You can access the official download links on the Trust Wallet website. Always make sure you use the official website when downloading any cryptocurrency wallet or cryptocurrency trading app.

Once you download and install Trust Wallet, you will find all the instructions needed to set it up. The process is very simple and should take less than a minute. But if you want a tutorial on how to set up a Trust Wallet and connect it to a BSC, we recommend the following guide: Connecting a Trust Wallet to a BNB Smart Chain (BSC).

What is a Trust Wallet token?

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

TWT token holders can also get discounts on decentralized trading platform services and cryptocurrency purchases. You can purchase Trust Wallet token on Binance or earn it through marketing campaigns, giveaways and giveaways handled by the Trust Wallet team.

Is Trust Wallet safe to use?

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

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

However, it is important to consider the risks of keeping your private keys. You may lose your money if the seed phrase is lost or hacked. You should also be careful when navigating the DeFi sector and the web 3. Linking your Trust Wallet to malicious websites may also lead to hacks and financial losses. So, make sure you only interact with reputable platforms and always check the URL to avoid phishing scams.

Concluding thoughts

The Trust Wallet offers a versatile product for anyone who owns coins, works with DeFi applications, or even is looking to buy cryptocurrencies. A lot of the work in making cryptocurrencies accessible depends on providing easy and comprehensive solutions, and the Trust Wallet delivers exactly that.

  • Link Trust wallet to BNB Smart Chain (BSC)

  • Link your MetaMask wallet to the BNB Smart Chain

  • What do you know about BscScan browser and how to use it?

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