Summary

Trust Wallet was launched in 2017 as a non-custodial mobile cryptocurrency wallet. It integrates a series of functions to help users access various blockchains, digital assets and DApps.

Trust Wallet has also launched its own governance token "TWT", which gives holders the right to vote for key governance decisions. Trust Wallet is the decentralized wallet officially produced by Binance. This product is safe, reliable and trustworthy, making it an ideal choice for users.

Introduction

With the increasing popularity of cryptocurrency and decentralized applications (DApp), finding an access tool that is easy to operate and has excellent functions has become the focus of users. Whether you are interested in investments, payments or DApps, using different solutions for different activities is extremely inconvenient.

Therefore, Trust Wallet came into being. This all-in-one tool solves the problem. As part of the Binance ecosystem, Trust Wallet deserves the trust of Binance users. It is also one of the most popular cryptocurrency wallets with over 30 million downloads.

What is Trust Wallet?

Trust Wallet is a product launched by Viktor Radchenko in November 2017. Once it came out, it immediately attracted a huge user group. In 2018, Binance acquired Trust Wallet. In early 2021, former Binance Vice President of Marketing Eowyn Chen took over as Trust Wallet’s CEO.

Trust Wallet is an open source decentralized cryptocurrency wallet that is safe and reliable. Using Trust Wallet, users can access more than 20,000 Ethereum-based and EVM-compatible tokens, 63 blockchains, and over one million cryptocurrency assets, including Bitcoin (BTC), Ethereum (ETH), BNB, BUSD and Tether (USDT).

Trust Wallet always adheres to the core principle of never accessing user wallets, holding private keys, or collecting personal information.

How does Trust Wallet work?

Trust Wallet is a multi-currency mobile wallet that allows users to access multiple blockchains in the same application. Unlike browser-based wallets, using this app gives you one-stop access to all blockchains. There is no need to add blockchain-specific details to trade or interact with decentralized applications (DApps).

Trust Wallet supports users to fully control the mnemonic phrase, making it a truly non-managed App. You can also store non-fungible tokens (NFTs) minted based on Ethereum and BNB Smart Chain (previously "Binance Smart Chain") in the App and view related artworks. Another key feature of Trust Wallet is the built-in DApp browser.

Built-in DApp browser

Trust Wallet App has a built-in Web3 DApp browser. Users can interact with DApps without exiting the Trust Wallet App or connecting to a desktop device. DApp users can interact with applications directly on the blockchain without registration or login. You can easily use various DApps, including OpenSea, PancakeSwap, 1inch, and Uniswap. Trust Wallet was once one of the only mobile wallets to offer this feature.

In order to significantly improve the security of funds and information, Trust Wallet’s Trust's DApp market review is very strict, and only those that meet security standards Only high-quality DApps can be put on the shelves. These DApps are optimized for mobile performance, allowing users to manage their cryptocurrencies and DApps directly through their mobile phones.

What are the uses of Trust Wallet?

Trust Wallet’s App comes with a series of functions:

Staking

There are various pledge plans, covering popular tokens such as BNB and ATOM, with annualized The rate of return can reach up to 85%. The actual income depends on the validators and staking opportunities at the time, and more new opportunities will be added gradually.

Exchange and redemption

Users can use the native cross-chain exchange function of Trust Wallet App to complete token exchange. These services are powered by Binance DEX and 1inch, allowing assets across different networks to be easily exchanged.

For example, you can exchange BEP-2 tokens for BEP-20 (BNB beacon chain to BSC and vice versa). Trust Wallet charges no fees for this service. You can also create buy and sell orders through Binance DEX.

An exchange solution is also provided for ERC-20 powered by the 1inch protocol. Additionally, you can use AMM services like UniSwap directly from the Trust Wallet DApp browser.

Buy coins

Trust Wallet cooperates with six quick currency purchase providers to help users purchase cryptocurrencies using fiat currencies. You can purchase over 40 cryptocurrencies directly within the app via credit/debit card, Apple Pay, Google Pay or bank transfer.

Where to download Trust Wallet?

Trust Wallet is an App that can only be installed on mobile devices and can be downloaded by iOS, Android and Google users. Click the download link on the Trust Wallet official website to download the installation package. When downloading a cryptocurrency wallet or cryptocurrency trading platform app, be sure to choose the official website.

What is Trust Wallet Token (TWT)?

Trust Wallet Token (TWT) is a governance token that allows users to truly participate in wallet decisions. TWT holders have the right to vote and make suggestions for in-App features, updates, and other key changes. The maximum supply of TWT tokens is 1 billion, which are BEP-20 tokens and BEP-2 tokens in the BNB smart chain and BNB beacon chain respectively.

Holders can also enjoy certain discounts when using DEX services and purchasing cryptocurrency. You can buy Trust Wallet tokens on Binance or earn tokens through marketing events, giveaways, and airdrops organized by the Trust Wallet team.

Conclusion

Trust Wallet holds tokens, and Decentralized Finance (DeFi) DApp interacts with multi-functional products even for users looking to purchase cryptocurrencies. Most crypto-based businesses rely on simple, one-stop solutions, and Trust Wallet is ideal. If you decide to buy TWT, be sure to do your own research before investing.