The Trust wallet is a mobile wallet built for both Android and iOS. The founder of the wallet, Viktor Radchenko wanted a wallet that could handle ERC20 token transactions comfortably. He has achieved this to a large extent. The wallet was launched in November 2017. It supports 14 tokens, and users can store their private keys on their devices. This wallet partners with other companies to enhance some of its features. For instance, Cyber Network powers its decentralized exchange.
The wallet enables Android users to buy ETH through or Shapeshift. In a related development, acquired the Trust wallet in July 2018. This makes the wallet the official wallet for the and Binance Chain. The company stands on its name ‘Trust’ and has held a reputation for not asking for personal information from its users. In addition, the wallet does not hold on to the private keys of its users.
The wallet login has taken things a notch higher with the introduction of a DApp Browser. The DApp Browser utilizes Web3 browser. This means that users can interact with decentralized applications directly from the Trust Wallet app. The DApp Browser is an open-source repository where developers can list their applications. The Trust Team, however, certifies each listed application to ensure that they function on Trust Browser on both Android and iOS mobile devices.
The company’s competitors include
The Trust Wallet supports Ethereum (ETH), Ethereum Classic (ETC) and all ERC20 and ERC223 tokens. Using your wallet, you will be able to store Binance Coin (BNB), Aion (AION), VeChain (VEN) and many others. In other words, Trust wallet does not support BTC, BCH and other coins outside the ethereum wallet. This could be a huge turnoff if you intend to store these digital assets.
If you want to find an exchange where you can trade in the above cryptocurrenices, check out our
The way the trust wallet functions, you have several options to trade or exchange your tokens. You can send your tokens to an exchange, or utilize services such as or Shapeshift. Another easy option is to utilize the DApp browser, which grants you access to your tokens right from your wallet.