All about Trust Wallet

What is Trust Wallet?

Trust Wallet was launched in November 2017 by Viktor Radchenko and immediately gained a large user base. Binance purchased Trust Wallet in 2018, and Eowyn Chen, former Binance Marketing VP, took over as CEO in early 2021.

Trust Wallet acts as a secure, open-source, and decentralized crypto wallet. You can use Trust Wallet to access over 20,000 Ethereum-based and EVM-Compatible tokens, 63 blockchains, and over one million crypto assets, including Bitcoin (BTC), Ether (ETH), BNB, BUSD, and Tether (USDT). Trust Wallet has maintained its key principles of never having access to users' wallets, holding private keys, or requesting personal information.

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 block chain 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, LUNA, 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.

Purchasing

Trust Wallet enables users to purchase crypto currencies 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.