Home How-to What is Trust Wallet and How to Setup

What is Trust Wallet and How to Setup

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Trust Wallet is an ethereum wallet and a cryptocurrency wallet used to store tokens like BEP2, ERC20 and ERC721. Here is all you need to know.

What is Trust Wallet?

Trust Wallet Image, Google Playstore

Trust Wallet is a mobile wallet just like your normal $USD wallets but in this stead, use to store cryptocurrencies, NFTs and more.

TrustWallet is a non-custodial crypto wallet app that does not store any user data on their servers, hence no need for KYC.

The functions of Trust Wallet over time has been expanded to accommodate new innovation as seen in Web 3.

Trust Wallet has grown to be one of the leading Free Crypto Currency Wallets used by millions of people and institutions to store their crypto currencies.

Compared to other Mobile crypto wallets, Trust Wallet is simple to use with a great user interface (UI).

TrustWallet is known for its straightforward interface and huge range of supported assets which makes it one of the leading crypto wallet till date according to Crypto News Z.

The app gives a competitive edge to other crypto wallets with its staking functionalities that up until now, most wallets don’t offer such option to users.

This has also drawn the attention of top Crypto exchanges like Binance to make Trust Wallet it’s default crypto wallet.

Top Trust Wallet Features

There are quite a number of features we observed that is quite impressive on TrustWallet. These include:

  • Straight Forward Interface – One of the selling points of Trust Wallet is it’s Interface. The simplicity of the User Interface makes it easy to navigate.
  • Staking – You can stake a wide range of coins and tokens like Tron (TRX), VeChain (VET), Tezos (XTZ), Callisto (CLO), Kava (KAVA), IoTeX (IOTX), Cosmos (ATOM), TomoChain (TOMO), and many more that could be listed.
  • DApps – Decentralised Applications are apps that run on the blockchain. These can be accessed through Trust Wallet DApps tab. It creates a secure connection between you and other platform on the web.
  • No KYC Required – Unlike saving your crypto on major exchanges that will require KYC authentication, Trust Wallet does not ask its users for any KYC compliances when setting up an account on the app.
  • Security – At the top of the list of features of Trust wallet is it’s security.

How to Download Trust Wallet?

Trust wallet is a mobile app and available on all major App Stores for download on most devices.

There are no much requirements in downloading the Trust app as long as the app is available in your region and compatible with your device.

  • Download on Android – You can download Trust Wallet on Android by clicking here
  • Download on iOS – You can download Trust Wallet on Apple store by clicking here
  • Huawei – You can download Trust Wallet on Huawei App Gallery (Harmony OS) by clicking here

Trust Wallet Signups and Setup

After you must have downloaded the Trust Wallet app on your device, let’s see some easy steps to sign up for a new Wallet on Trust.

Screenshot, Trust Wallet Setup
  • Open the App you just downloaded and click on Create New Wallet.
  • Accept the terms and conditions to proceed
  • Write down your key phrase in a secured location as that is the password to your Trust Wallet app.
  • Input your key phrase to create a new crypto multi-wallet.

How to Login to Trust Wallet?

To Login to your Wallet, all you need to do is open your App.

Depending on the method used to secure your local device, you might be required to input your passcode or pattern to unlock your account.

More so, your key phrase is your login and recovery key at any given day for your Trust Wallet App.

What is Trust Wallet Token (TWT)?

TWT is the native coin for the Trust Wallet app. The token was created to help with all purchases and trading as associated with the App.

You can trade TWT on PancakeSwap (v2), Cryptology, and Binance with more exchange listings as unveiled.

Trust Wallet Extension

Does TW has a chrome extension? As at the time of writing, there are still no concrete details on the official Trust Wallet chrome extension.

A chrome extension will enable users better connect with the App on Desktop or Laptops to enjoy the benefits of using TrustWallet on PC.

Trust Wallet DApp Browser

Trust DApp Browser is a functioning Web3 browser used to interact with any decentralized application (DApp).

This is the closest to a chrome extension for many.

Trust DApp browser ensures secure connection between you and any decentralized application (DApp) on Binance Smart Chain, or the Ethereum network with support for many more Blockchain.

Integrated interface that is fully optimized for mobile so you can enjoy the content designed specifically for your device

Is Trust Wallet Safe?

From research, hackers have a hard time cracking Trust Wallets due to sophisticated encryption to keep your wallet safe.

However, we are always admonished to keep our wallet safe due to crypto theft.

There are a host of security mechanisms to protect users crypto holdings on the app against hacking or theft.

How to make money on Trust Wallet?

The easiest way of making money on the Trust Wallet app is through staking.

This is a means of staking your coins on Pancakeswap and earn some cake in return.

You can also stake BNB and other crypto in the pool.

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