Official Website: https://trustwallet.com/
Blockchain Network: Supports over 100 blockchains, including Ethereum, BNB Smart Chain, Bitcoin, Solana, Cosmos, and Polkadot.
Launch Year: 2017
Founder: Viktor Radchenko
Trust Wallet, launched in 2017 by Viktor Radchenko, is a leading non-custodial cryptocurrency wallet designed to provide users with full control over their digital assets. As a self-custody platform, it ensures that only users have access to their private keys, thereby maintaining complete ownership and control over their funds. In 2018, Trust Wallet was acquired by Binance, one of the world’s largest cryptocurrency exchanges, further enhancing its credibility and reach.
The wallet supports a wide range of cryptocurrencies, encompassing over 10 million assets across more than 100 blockchains, including prominent ones like Bitcoin, Ethereum, BNB Smart Chain, Solana, Cosmos, and Polkadot. This extensive support allows users to manage a diverse portfolio within a single application. Trust Wallet also facilitates the storage and viewing of Non-Fungible Tokens (NFTs) on Ethereum and BNB Smart Chain, enabling users to engage with the burgeoning NFT market.
One of Trust Wallet’s standout features is its built-in decentralized application (dApp) browser, which allows users to seamlessly interact with various dApps directly from the wallet interface. This functionality opens the door to a multitude of decentralized finance (DeFi) protocols, decentralized exchanges (DEXs), and other Web3 applications, empowering users to explore the decentralized internet without leaving the app.
Security is a paramount focus for Trust Wallet. As a non-custodial wallet, it does not store users’ private keys or personal information, ensuring that users retain sole control over their assets. The wallet employs robust encryption methods and offers features like encrypted cloud backups to safeguard users’ funds and data. Additionally, Trust Wallet is independently audited and ISO certified, underscoring its commitment to security and reliability.
Trust Wallet is accessible as a mobile application for both iOS and Android devices, as well as a browser extension compatible with multiple browsers, including Chrome, Brave, Opera, and Edge. This cross-platform availability ensures that users can manage their crypto assets conveniently across different devices.
In line with its mission to make cryptocurrencies more accessible, Trust Wallet allows users to purchase over 40 cryptocurrencies directly within the app using various payment methods such as credit or debit cards, Apple Pay, Google Pay, or bank transfers. The wallet also supports staking for certain cryptocurrencies, enabling users to earn rewards while contributing to network security.
Trust Wallet’s native utility token, Trust Wallet Token (TWT), is a BEP-20 token that grants holders governance rights within the Trust Wallet ecosystem. TWT holders can participate in decision-making processes related to app features and updates, and enjoy benefits like in-app discounts.
With a user base exceeding 140 million people, Trust Wallet continues to be a pivotal tool for individuals seeking a secure, user-friendly, and comprehensive solution for managing their digital assets and exploring the decentralized web.