Trust Wallet is cryptocurrency wallet software that enables secure trading of various cryptocurrencies.
Trust Wallet
Cryptocurrencies, which started with Bitcoin and then increased by diversification, are used by investors from all over the world. Investors want to secure their assets when trading. Therefore, the need for a secure crypto wallet has arisen. Many crypto wallets have been created in the market. One of them is Trust Wallet. Trust Wallet is a crypto wallet that supports thousands of cryptocurrencies and offers staking and purchasing features. Launched in 2017, the crypto wallet has a variety of functions and gives its users access to a wide range of blockchains, digital assets and DApps.
Businesses and individual users prefer Trust Wallet. This is because it is quite safe. Said users use Trust Wallet in many industries including financial services, accounting and software development. Considered the most secure hot wallet in the world, Trust Wallet protects online transactions using high-level encryption. Besides, it keeps private keys safe with bank-grade security. The official mobile wallet of Binance, one of the largest cryptocurrency exchanges, is Trust Wallet. Trus Wallet also has its own governance token called TWT. Users with TWT can take part in important governance voting.
How Trust Wallet Works
A hot wallet, Trust Wallet works online and connected to the internet. It allows users to access multiple chains through a single application. Trust Wallet is a multi-coin mobile wallet and unlike browser-based wallets, it allows access to all blockchains from the moment the app is downloaded. Because Trust Wallet is not an escrow wallet, full control of the recovery phrase rests with the user. Built-in DApp browser is a feature of Trust Wallet to users.
Trust Wallet has a built-in Web3 DApp browser. The DApp browser also offers access to DApps without leaving Trust Wallet or connecting with a desktop device. Users can interact with the application directly on the blockchain without creating an account or logging in. In addition, Trust Wallet makes it easy to manage crypto NFTs and gaming assets. Currently, the Trust Wallet app fully supports Ethereum and Binance Smart Chain NFTs.
Properties
Trust Wallet serves as more than a storage wallet. If we list the features;
- It provides a secure access key. It allows access to sensitive financial assets only by the user.
- It supports a variety of cryptocurrencies. It provides cryptocurrency management functions, enabling the trading and exchange of different coins, blockchains and digital assets.
- It earns interest. It makes coins work for the user by staking assets at a flexible interest rate. Trust Wallet provides a PoS certificate that allows users to collect interest, earn money on their digital resources.
- Credit card usage is available. The credit card, which is a problem in many cryptocurrency exchanges, can be used to trade quickly on Trust Waller.
- DApp browser is available. With the Trust Wallet DApp, it helps find businesses and vendors that accept cryptocurrency for assets and services.
