Trust Wallet is cryptocurrency wallet software that allows you to trade various cryptocurrencies safely. The program provides you with a secure access key that keeps your assets safe against unauthorized access. It also has multicoin support that enables you to purchase and swap thousands of coins and blockchain types; you can even buy coins with your credit card. Trust Wallet is available for installation on iOS and Android mobile devices.
Who Uses Trust Wallet?
Businesses and individual users use this crypto software wallet product in an assortment of industries, including financial services, accounting, and software development.
Trust Wallet Features
- Secure access: The vendor supplies you with a private access key, ensuring that you’re the only person that can gain access to your sensitive financial assets.
- Multicoin support: There are many cryptocurrencies available today, and Trust Wallet supports a large number of them. It allows you to purchase, sell, and swap different coins, blockchains, and other digital assets, delivering full cryptocurrency management functionalities.
- Earn interest: The program helps your coins work for you by staking your assets with a flexible interest rate. The program provides you with a validated proof-of-stake (PoS) certification that allows you to begin collecting interest on your digital resources, which means that they will continue to earn you money on their own.
- Credit card exchange: A lot of cryptocurrency exchanges make it somewhat challenging to purchase cryptocurrency. Trust Wallet addresses this by allowing you to easily buy crypto with your credit card so that you can quickly begin to trade.
- Decentralized apps (DApps): Trust Wallet comes with a helpful DApps browser that helps you find other businesses and vendors that accept cryptocurrency for their goods and services.
How does Trust Wallet work?
Trust Wallet is a multi-coin mobile wallet that gives users access to multiple chains in one application. Unlike browser-based wallets, every blockchain is accessible from the moment you download the app. There’s no need to add in a blockchain’s specific details to begin making transactions or interacting with Decentralized Applications (DApps).
Trust Wallet users have total control over their seed phrase, making the app non-custodial. You can also store Ethereum and BNB Smart Chain (formerly Binance Smart Chain) Non-Fungible Tokens (NFTS) within the app and view their associated art. Another key feature for Trust Wallet users is its in-built DApp browser.
What can you do with Trust Wallet?
Trust Wallet also offers several features available natively within the Trust Wallet app:
Staking
There are eight available staking options, including BNB, ATOM, and more, with APR up to 85%. Your actual returns will depend on the validators and staking opportunities available at the time, with more to be added.
Swapping and exchanging
Users can swap between tokens within the Trust Wallet app with native cross-chain swapping. These services are powered by Binance DEX and 1inch and allow you to trade assets between networks seamlessly.
For example, you can swap BEP-2 tokens for BEP-20 (BNB Beacon Chain to BSC and vice versa) or ERC-20 tokens. Trust Wallet charges zero fees for this service. You can also create buy and sell orders through Binance DEX.
Purchasing
Trust Wallet enables users to purchase cryptocurrencies using fiat with six on-ramp providers. You can buy over 40 cryptocurrencies directly in the app with your credit or debit card, Apple Pay, Google Pay, or bank transfer.
Where can I download Trust Wallet?
Trust Wallet is a mobile-only app available to download for iOS, Android, and Google devices. You can access the official download links on the Trust Wallet website. Always confirm you’re using the official website when downloading any crypto wallet or crypto exchange app.
What is Trust Wallet Token (TWT)?
Trust Wallet Token (TWT) is a governance token that lets users participate in the wallet’s decision-making process. TWT holders vote on and propose in-app features, updates, and other key changes. The TWT token has a maximum supply of 1,000,000,000 TWT and exists as a BEP-20 token on BNB Smart Chain and as a BEP-2 token on BNB Beacon Chain.
Holders can also receive discounts on DEX services and cryptocurrency purchases. You can buy Trust Wallet Token on Binance or earn it through marketing campaigns, giveaways, and airdrops held by the Trust Wallet team.