What is Trust Wallet (TWT)?

Launched in 2017, Trust Wallet is 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 allows holders to vote on key governance decisions. Trust Wallet is a decentralized wallet officially produced by Binance. This product is safe, reliable and trustworthy, making it an ideal choice for users.

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Introduction

With the increasing popularity of cryptocurrencies and decentralized applications (DApps), finding an access tool that is easy to use and has great functionality has become the focus of users’ attention. Whether you are interested in investing, payments or DApps, it is extremely inconvenient to use different solutions for different activities.

Hence, Trust Wallet, an all-in-one tool that solves the problem. As part of the Binance ecosystem, Trust Wallet is trusted by Binance users. It is also one of the most popular cryptocurrency wallets with over 30 million downloads.

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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 base. In 2018, Binance acquired Trust Wallet. In early 2021, former Binance VP of Marketing Eowyn Chen took over as CEO of Trust Wallet.

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

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

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How does Trust Wallet work?

Trust Wallet is a multi-currency mobile wallet that allows users to access multiple blockchains within the same application. Unlike browser-based wallets, this app provides one-stop access to all blockchains. Trade or interact with decentralized applications (DApps) without adding blockchain-specific details.

Trust Wallet allows users to fully control mnemonic phrases, making it a veritable non-custodial app. You can also store non-fungible tokens (NFTs) minted based on Ethereum and BNB Smart Chain (formerly “Binance Smart Chain”) in the App and view related artwork. Another key feature of Trust Wallet is the built-in DApp browser.

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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. You can use various DApps easily and securely, including OpenSea, PancakeSwap, 1inch, and Uniswap. At one point Trust Wallet was one of the mobile wallets that exclusively offered this feature.

In order to significantly improve the security of funds and information, the Trust’s DApp market of Trust Wallet is strictly reviewed, and only high-quality DApps that meet strict security standards can be listed. These DApps are optimized for mobile performance and solve the pain points for users who manage cryptocurrencies and DApps through mobile devices.

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What are the uses of Trust Wallet?

The Trust Wallet App comes with a series of features:

Stake
There are eight staking schemes, covering popular tokens such as BNB, ATOM, and LUNA, with an annualized rate of return of up to 85%. The actual income depends on the validator and staking opportunities at that time, and more new opportunities will be added one after another.
Exchange and exchange
Users can use the native cross-chain exchange function of Trust Wallet App to complete token exchange. Powered by Binance DEX and 1inch, these services allow easy exchange of assets across different networks. For example, you can exchange BEP-2 tokens for BEP-20 (BNB Beacon Chain to BSC and vice versa) or ERC-20 tokens. Trust Wallet does not charge any fees for this service. You can also create buy and sell orders through Binance DEX.
Buy coins
Trust Wallet has partnered with six quick-to-buy providers to help users buy cryptocurrencies with fiat. You can purchase over 40 cryptocurrencies directly within the app via credit/debit card, Apple Pay, Google Pay or bank transfer.

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Where to download Trust Wallet?

Trust Wallet is a mobile-only app that 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 select the official website.

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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 propose 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 cryptocurrencies. You can buy Trust Wallet tokens on Binance, or earn tokens through marketing campaigns, giveaways, and airdrops hosted by the Trust Wallet team.

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Conclusion

Trust Wallet provides a versatile product for users who hold tokens, interact with decentralized finance (DeFi) DApps, and even wish to buy cryptocurrencies. Most businesses using cryptocurrencies rely on an easy-to-use one-stop solution, and Trust Wallet is ideal. If you decide to buy TWT, be sure to do your own research before investing.

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