Trust wallet Review 2022 – is trust wallet legit?
In this post, we will do a Trust wallet review, what are the different features of the Trust crypto wallet, and is trust wallet legit?
What is a Trust Wallet?
Firstly I would like to inform you that there are four major categories of Crypto wallets, which are Hardware Wallets, App(software/web) wallets, Desktop wallets, and Paper wallets.
Trust wallet is a software wallet. That means it can be operated from an application or the web on your system.
One of the finest crypto wallets for new users and investors is Trust Wallet, an open-source, decentralized, mobile wallet that supports over 160K+ assets and blockchains and enables users to stake their cryptocurrency to earn interest.
The wallet has since been improved to handle other popular cryptocurrencies like Bitcoin in addition to the initial ERC20 and ERC223 tokens. Users of the wallet can purchase cryptocurrencies via the native DEX (decentralized exchange) that runs on the Kyber Network thanks to the built-in Web3 browser.
The Trust Crypto Wallet app also enables users to immediately access the numerous DApps (decentralized applications) created on the Ethereum network.
Trust Wallet review features
- Trust Wallet is a widely recognized software wallet.
- Binance acquired Trust Wallet in June 2018.
- Supports a huge range of cryptocurrencies for trading.
- Offers multiple crypto assets for staking (Trust Wallet token).
- Trust Wallet does not charge any initial fees or subscription charges from its users.
- Have over 5 million active users all across the world.
- Is trust wallet legit?
Also, read about Exodus Crypto Wallet Review In 2022 – Is It Secure?
Trust Wallet User Interface
Easy to use interface. The user interface is very simple, candid, and easy to download and install on the desktop and mobile devices. On the header, you can find options like Assets, staking, Earn, NFTs, dApp Browser, and Language.
In the Asset section, there is a collection of all the assets available on the platform.
In the staking section, one can find a staking calculator and calculate staking profit on a daily, monthly, and yearly basis. There are multiple cryptos that can be staked, for example, BNB, TRON, XTZ, ATOM, LUNA, VET, CLO, OSMO, KAVA, TOMO, IOTX, and many more.
Next is the Earn section, If you are really interested in staking then you can start earning by staking in this section, all you need to select a coin, select a time period and start earning.
The next section is NFTs Trust Wallet offers you an easy way to keep all your unique ERC721 and ERC1155 crypto NFTs and game assets in one place. Store them all in your Trust Wallet.
DApp Browser section, there is a Fully functioning Web3 browser that can be used to interact with any decentralized application (DApp).
The last option is Language where you can translate the Trustwallet website into different languages such as English, French, Chinese, Japanese, Korean, and many others.
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Why you need to Use Trust Wallet App – Is trust wallet legit?
These are a few reasons why you need to use a Trust wallet app. Some of the reasons to trust this wallet are below:
- Users can Buy Bitcoin and other cryptos in under five minutes.
- Exchange your crypto without leaving your wallet.
- See your Collectible like Art and NFTs in one place.
- Track Charts and prices available within the App.
- The wallet keeps your crypto safe from hackers and scammers.
- Can easily earn interest on crypto in your wallet.
- Buy Crypto With a Master and Visa Card.
- Exchange Instantly: No forms, no selfies. Trade crypto anytime with ease.
- Private & Secure: Only you can access your wallet. We don’t collect any personal data.
Cryptocurrency Supported by Trust Wallet
Store all your coins and tokens in a single, secure mobile wallet. The app supports 65 blockchains and 4.5M+ assets and Blockchains with cryptocurrencies including the leading ones like Bitcoin, Ethereum, and many more.
The list of most popular Cryptos supported are:
- Bitcoin
- Ethereum
- BNB
- Litecoin
- Tron
- XRP
- Bitcoin cash
- Dogecoin
- Polkadot
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Fees of Trust Wallet
When users install or set up their accounts on the wallet, Trust Wallet doesn’t charge them any fees.
Additionally, no monthly fees are associated with using the wallet’s services.
As a result, the platform enables a free download from the Apple Store or Google PlayStore. The only costs associated with using the app are the gas fees, which are paid to the miners, or the Proof-of-Stake (PoS) chains that levy them in exchange for processing transactions (network fees).
Customer Support by Trust Wallet
The TrustWallet mobile wallet is backed by a robust customer support team that can be contacted by a ticketing system. As soon as any trader raises a ticket, the customer support team promptly responds to it.
There is also a comprehensive Help Centre with a dedicated FAQ section meant to answer all the probable queries of the traders. Users should therefore take a tour of the TrustWallet mobile wallet before proceeding.
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Conclusion – Is trust wallet legit or not
As per our Trust Wallet review, there are no reasons not to qualify the mobile wallet as a reliable one.
If you still want to know get an answer to Is trust wallet legit? Then the answer is Yes because of the reason mentioned below.
In our trust wallet review, Its candid interface and a huge range of supported assets make it one of the leading crypto wallets to date. Trust Wallet clearly gives a competitive edge to other wallets with its wallet staking functionalities that most wallets don’t even give the option to its users.
Moreover, the wallet confers users the ability to access various DApps through Trust Wallet itself, which is again a far-sighted move that will have long-term benefits as Defi expands.
By using Trust Wallets users can also earn interest on their own crypto. Trust Wallet’s partnership with Binance attracts more users (for money investing) from all over the world and therefore is a plus for the wallet.
