TrustWallet

TrustWallet

Cryptocurrency Wallets

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What is TrustWallet? Overview, Details & Insights

This wallet is considered the most popular in the world - it is used by about 25 million people. It was developed by the Binance crypto exchange, and therefore it is integrated with some of its services. Traditionally, to use Trust Wallet, it was necessary to install the corresponding mobile application, recently it has become possible to use it on a PC - for this you need to download an extension for the browser. One of the advantages of Trust Wallet is the support of a large number of blockchain systems, there are 65 of them, including the most popular Bitcoin, Ethereum, Solana, Cardano, etc. and, accordingly, you can store tokens created in these systems in the wallet. This wallet is non-custodial, which means that it does not store the passwords of its clients on its own. Therefore, you need to be extremely careful when registering. When opening an account, Trust Wallet will give you a seed phrase - a combination of 12 random words. These words need to be rewritten and stored securely. If you buy a new phone and reinstall the application, you will be able to access the account only by entering these words. If you lose them, it will be impossible to get your money back. Since Trust Wallet is integrated with Binance, you can buy currency directly from this exchange, but a number of third-party exchangers are also available. The service is quite convenient and intuitive. You can buy, sell or transfer crypto in a few clicks.

Quick Facts

Wallet TypeNon-Custodial
CompatibilityMobile (iOS, Android), Web
Security Features2-factor authentication, biometric login
Development StatusActive, with regular updates
Private Key ControlUser-controlled
Transaction Fee StructureVariable, based on network congestion
Supported CryptocurrenciesOver 160+ assets

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