Ethereum is the 2nd largest cryptocurrency available after Bitcoin and is one of the most trusted ones. There are a number of Ethereum wallets available today to receive, send and keep your Ethereum. You can also save your Ethereum in Cryptocurrency Exchanges. In this article, we will discuss about Trust Wallet, which is another secure and trusted wallet for Ethereum, ERC20, and ERC223 tokens.
What is Trust Wallet?
In simple words, it is a safe and secure wallet for Ethereum, ERC20, and ERC223 tokens. You can receive, send and store Ethereum, ERC20, and ERC223 tokens safely.
With this wallet, you have complete control over your private keys that are only stored on your device.
Recently, Binance acquired “Trust Wallet” and this is not Binance’s official wallet. Please don’t confuse this Binance’s mobile application for trading. Both are different.
Features of Trust Wallet
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- Participate in any ERC20 or ERC223 based ICO or airdrop. Configure gas price, gas limit and data/message in a simple and easy-to-understand way.
- Take the full advantage of the Ethereum platform. Send, receive, store and track Ethereum (ETH), Ethereum Classic (ETC), Callisto (CLO) and over 30,000 supported ERC20 tokens, including EOS, OmiseGO, Qtum, Kyber Network, EOS, Bat, TenXPay and Augur
- Protect your crypto funds by enabling additional level of security – pin and biometrics.
- Backup and restore your wallet from a highly encrypted file in less than 30 seconds.
- See how much your tokens and coins are worth!
- Simple to use and intuitive interface.
- Monitor real-time value of your digital portfolio and individual assets in your native currency.
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How To Create Account in Trust Wallet
Creating a Trust wallet is a very simple process irrespective of your mobile operating system. This application is available for Apple and Android users both.
Now let’s see how to create your Trust wallet.
1. Go to the Play store or iOS App Store, to download the application. You can also directly download the application on your phone or desktop.
For this tutorial, I am downloading the application from the Google Play Store.
2. Once you have installed the app, it will give you the option to create a new wallet or import the existing ones. Just click on “Create Wallet“.
3. Now in the next screen, you will see 12 words, which you have to keep safe and will be required to restore your account. Without them, you won’t be able to restore your Trust wallet.
After copying the word, in the next screen, you will see exactly the same words and now will have to verify those 12 words by taping on the words in the correct order. Sorry, taking a screenshot is not allowed in this step.
4. Once you have completed step 3, you will see the screen which will say your wallet has been created. It will show you the default name, which can be changed later from settings.
This is it, you have successfully created a Trust wallet. Now receive & send Ethereum, ERC20 & ERC223 tokens without worry.
Below are some of the screenshots which you can see how the application looks like.
Increase the Security of Trust Wallet
To increase the security of your ‘Trust Wallet’, please go to the settings and enable the option ‘Passcode‘. This will allow you to create a 6 digit password to login to your wallet.
It will also automatically allow you to use your fingerprint for login.
We also tried to browse DApps from this application and it was very easy via Trust browser. We tried to play a Blockchain-based game, which worked without any issue and was nicely integrated with this application when it came to making the payment.
This was all about ‘Trust Wallet’. Please let us know what are your views about this cryptocurrency wallet and if you are already using it please provide your genuine feedback. For more such an article, subscribe to our website and enjoy awesome tutorials and news from the Crypto world.
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