Trust Wallet is an application that enables users to store and transfer cryptocurrencies from their smartphone. The company was purchased by Binance in July 2018 and is now the official application for working with the assets of the famous exchange. In addition, Trust Wallet is supported by many crypto projects and their digital assets. In the App Store and Google Play, the Wallet is rated 4.7 out of 5, so Trust is rightfully one of the most popular and sought after applications in the wallets section.
Trust Wallet is a secure, decentralized, and anonymous application that supports Ethereum and more than 20,000 ERC-20, ERC-223, and ERC-721 tokens. In Trust, users can also work with cryptocurrencies of other well-known blockchains, such as Bitcoin, Litecoin, DASH, and Tron. The program was launched in November 2017 and became popular among users due to its extensive functionality and multi-currency nature.
To register with Trust Wallet, users need to go through the traditional procedure for such applications: enter an email address, create a password, enter a 12-word seed phrase, which will help restore access to the application in critical cases. We would like to remind users that the seed phrase must be kept in a secure place.
Trust Wallet, as mentioned earlier, has a simple, intuitive functionality. The “Tokens” section presents the user’s assets and those assets that the user would like to follow. Users can add Bitcoin, Litecoin, Ether, as well as Dash, Ethereum Classic, ICON, Zcash, Zcoin, Bitcoin Cash, POA Network, Tron, VeChain, VeThor, Calisto, TomomChain, GoChain, and WeChain coins to the tracking panel. Accordingly, all coins can be sent and received using the address and QR code. The “Collectibles” section presents the coins that the user needs to work in decentralized applications like games, social networks, gambling programs, and others.
The tokens of decentralized applications can be added from the “DApps” section. It presents projects that support the Trust Wallet. All programs are divided into the following categories: new dApps, popular, exchangers, games, marketplaces, social networks, utility applications.
The necessary applications for the user can also be found via the Google search bar or DuckDuckGo (users can select one of the browsers through the “Settings” section). Access to decentralized applications is carried out through crypto wallets such as Trust.
In the “Settings” section of the crypto wallet Trust, users can configure application settings. So, initially, when registering and creating an account, the program on the smartphone is not password-protected. Therefore, if confidentiality is important to the user, they can create a six-digit password. Optionally, users can enable alerts for transactions and coins and choose fiat currencies—the U.S. dollar, euro, pounds, rubles, and others. This section also includes links to the Trust wallet community and help center.
Trust Wallet: Review Summary
Trust Wallet is a basic tool for users who work with dApps. Its multi-currency nature allows users to work with the necessary coins in one application. In addition, the Trust wallet is quite easy to use and suitable for regular use since all the information is loaded promptly.