Trust Wallet
Information about Trust Wallet
Trust Wallet — is a cryptocurrency wallet that provides the ability to:
- purchase coins with Visa or MasterCard,
- store virtual assets, as well as send and receive them,
- track current prices,
- trade and earn cryptocurrency through staking.
The official website mentions that more than 1 million people use Trust Wallet. Along with the wallet, there is a DApp Browser designed for interacting with decentralized applications.
Supported Currencies
Trust Wallet allows you to buy, store, and manage a basic set of coins: BTC, ETH, BNB, LTC, TRX, XRP, and BCH. Additionally, it supports thousands of ERC20, BEP2, and ERC721 tokens. New cryptocurrencies are added every month, so it is recommended to keep an eye on updates.
Registration and Trust Wallet Account
To download Trust Wallet, you can visit the manufacturer’s official website or app stores such as Google Play or the App Store. The installation process is simple, and guidance is available in Russian.
After installation, you need to create a wallet; an English mnemonic phrase is the key to this process. Trust Wallet does not require personal data and promises not to collect customer information except for the wallet number.
Trust Wallet Features
One of Trust Wallet’s competitive features is staking, which allows users to stake coins and earn interest for participating in transaction verification. The wallet provides a staking calculator to estimate potential profits.
To receive updates and instructions from Trust Wallet, you can subscribe to social networks and monitor code updates on GitHub.
Deposits, Withdrawals, Limits, and Fees of Trust Wallet
To deposit into Trust Wallet, you can use a debit or credit card. Transactions usually incur a fee of 3.5%, but not less than $10. There are also transaction limits: minimum amount, maximum daily volume, and a limit per account per month.
The average duration of transactions and exchanges ranges from 10 minutes to half an hour. Additional delays may occur due to network congestion, but they are usually minor.
Reviews about Trust Wallet
If you have used Trust Wallet, please share your experience with the service. Do you recommend it for storing cryptocurrency and staking?
Fraudulent Activities on Behalf of Trust Wallet
It is recommended to be cautious and not provide your private keys or recovery phrases due to possible fraudulent schemes. Genuine Trust Wallet employees will never ask for such data.
Conclusion
Trust Wallet is a simple and secure cryptocurrency wallet that offers a wide range of features without the need to provide personal data.