Trust Wallet

What is Trust Wallet?

When it first launched, it only accepted ERC20 and ERC223 tokens, but it has since developed tremendously and can now be used to store popular cryptos such as Bitcoin and others. The Trust Wallet was enabled by the Web3 browser, allowing users to exchange cryptos over the native decentralized exchange (DEX). The Kyber Network is then used to run this decentralized exchange.

Apart from Bitcoin, the trust wallet also supports Etehruem users. Users can use their Trust App wallet to access many DApps (decentralized applications) built on the Ethereum platform.

The Trust Wallet software in question is available for download on both the Google Play Store and the Apple Store. Despite the fact that Android can be problematic for some heavy apps, the Trust wallet is still supported. The code for the wallet is meant to be written in native languages on a variety of platforms. Among them are iOS Swift and Android's Java. In terms of compatibility, Trust wallets are compatible with iOS 10.0 or higher and Android 5.0 or higher.

It has been one of the most well-known and praised wallets in the crypto business since 2018. It not only brings together a variety of cryptocurrencies under one roof, but it also facilitates asset trading and skating. Approximately 5 million customers begin their crypto journey with the wallet software charging no initial fee.

How to open a Trust Wallet account?

After downloading the app, open it, and click on “Create a new wallet”. Next, you will receive your 12-word recovery phrase, which you should store somewhere private and secure. After this step and double-checking the correct order of the words you have stored securely, your wallet has been created and is ready to be used.

What are the Pros and Cons of Trust Wallet?

The pros include the wide variety of cryptocurrencies offered, its staking of cryptocurrencies on multiple fronts, and the interface is very user friendly. The cons involve the obvious, which is that an online wallet is not as secure as a hardware wallet, and that the app is still developing.

Website

Visit the official wallet website, which contains detailed valuable information about it. You'll also find here answers to frequently asked questions, various support tools, or interesting news and articles.