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What is Trust Wallet?

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Richard Samuvel
What is Trust Wallet?

In the digital world, people intended to use virtual currency for commercial and business purposes. There are various cryptocurrencies, tokens, coins available at markets. One must have a crypto wallet to store cryptos. 

Crypto Wallet 

Crypto Wallet is a place or storage address to store cryptocurrencies safely. Crypto wallet has two types of keys associated with the wallet. 

Public Key is the address shown publicly like ID to associate with it.

A private key is like a passcode to access your wallet. 

There are multiple types of crypto wallets like

  • Hot and Cold Wallets
  • Hardware wallets
  • Paper Wallets
  • Desktop Wallets
  • Mobile Wallets
  • Web Wallets

What is Trust Wallet?

Trust wallet is a cryptocurrency wallet used to store cryptocurrencies securely, and that can be used trading cryptos on mobile devices.

It is launched on tie-up with the Kyber network, and Web3 browser and users can interact using decentralized apps. 

Trust Wallet App

The trust wallet is fundamentally intended to help the trading of Ethereum tokens in a secured and decentralized way by Victor ratchenko in the year 2017. Later is obtained BinanceDEX in 2018.

Trust wallet app support both Android and iOs platforms. It helps in trading cryptocurrencies from various blockchain platforms like Bitcoin, Litecoin, DASH, and Tron, etc.

Trust Wallet Zero Charges for its Services

Trust wallet doesn't charge for any of its services, but yet has to pay a gas fee as transactions are executed in the Ethereum platform. The Gas fee is collected to assist the miner to validate your transactions.

 Cryptocurrencies Supported by Trust Wallet

  • Binance Coin (BNB)
  • TRON (TRX)
  • Tezos (XTZ)
  • Bitcoin Cash (BCH)
  • Dogecoin (DOGE)
  • VeChain (VEN) 
  • Stellar (XLM)
  • Ethereum (ETH) and all ERC20 and ERC223 tokens. 

Why developing a crypto wallet App like Trust Wallet?

Here is the reason to prefer the trust wallet app

  • Open-Source
  • Security
  • Decentralized
  • Stake & Earn 
  • Supports Trading Cryptocurrencies

One can launch their crypto wallet app like trust wallet with a ready-made trust wallet clone script. Trust wallet clone script is muti-tested, ready to market source code to launch crypto wallet app like trust wallet. 

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Richard Samuvel
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