What is Trust Wallet?
Trust Wallet is a leading decentralized cryptocurrency wallet that empowers users to securely store, manage, and trade digital assets across multiple blockchain networks. As a non-custodial wallet, Trust Wallet gives you complete control over your private keys and funds, ensuring that only you have access to your cryptocurrency holdings.
Originally developed by Viktor Radchenko and launched in 2017, Trust Wallet quickly gained popularity for its user-friendly interface and robust security features. The wallet was later acquired by Binance in 2018, providing additional resources and development support while maintaining its decentralized nature.
With over 60 million users worldwide, Trust Wallet supports more than 4.5 million cryptocurrencies and tokens across 70+ blockchains, making it one of the most comprehensive mobile wallets available today. Whether you're a beginner exploring cryptocurrency for the first time or an experienced trader managing a diverse portfolio, Trust Wallet provides the tools and security you need.
Key Features of Trust Wallet
Non-Custodial Security
Your private keys are stored locally on your device and encrypted. Trust Wallet never has access to your funds or personal data.
Multi-Blockchain Support
Access 70+ blockchains including Ethereum, Bitcoin, Binance Smart Chain, Polygon, and many others in one app.
Mobile-First Design
Intuitive mobile interface designed for both iOS and Android devices with seamless user experience.
Built-in DeFi & Staking
Earn passive income through staking rewards and access decentralized finance protocols directly from the wallet.
How to Download and Set Up Trust Wallet
Getting started with Trust Wallet is straightforward. Follow this step-by-step guide to download, install, and configure your wallet securely.
Step 1: Download Trust Wallet
- 1
Visit Official Sources
Download Trust Wallet only from official app stores (Apple App Store or Google Play Store) or the official website at trustwallet.com
- 2
Verify the Developer
Ensure the app is published by "DApps Platform, Inc" to avoid fake applications
- 3
Install the App
Tap "Install" or "Get" and wait for the download to complete
Step 2: Create Your Wallet
- 1
Open Trust Wallet
Launch the app and select "Create a new wallet"
- 2
Backup Your Recovery Phrase
Write down your 12-word recovery phrase and store it safely offline. This is crucial for wallet recovery.
- 3
Verify Your Recovery Phrase
Enter the recovery phrase in the correct order to confirm you've backed it up properly
- 4
Set Up Security
Enable biometric authentication (Face ID, Touch ID, or fingerprint) and set a strong passcode
Trust Wallet Security Benefits
Security is paramount when dealing with cryptocurrency, and Trust Wallet implements multiple layers of protection to keep your digital assets safe.
Non-Custodial Architecture
Trust Wallet operates as a non-custodial wallet, meaning your private keys are generated and stored locally on your device. The company never has access to your funds or private information, ensuring complete ownership and control over your assets.
Advanced Encryption
All private keys and sensitive data are encrypted using AES-256 encryption and stored in your device's secure enclave or keystore, providing bank-level security for your cryptocurrency holdings.
Biometric Authentication
Secure your wallet with Face ID, Touch ID, or fingerprint authentication. This adds an extra layer of protection while maintaining convenient access to your funds.
Open Source & Audited
Trust Wallet's code is open source and regularly audited by security experts, ensuring transparency and allowing the community to verify its security implementations.
Supported Cryptocurrencies
Trust Wallet supports an extensive range of cryptocurrencies and tokens across multiple blockchain networks. With support for over 4.5 million assets, you can manage your entire portfolio in one place.
Bitcoin
BTC
Ethereum
ETH
Binance Coin
BNB
Cardano
ADA
Solana
SOL
Polygon
MATIC
Major Blockchain Networks
Trust Wallet supports over 70 blockchain networks, including:
Staking Options in Trust Wallet
Trust Wallet offers integrated staking functionality, allowing you to earn passive income by participating in various blockchain networks' consensus mechanisms. Staking rewards are automatically credited to your wallet.
Available Staking Options:
Ethereum 2.0 (ETH)
Stake ETH to support Ethereum's transition to Proof of Stake
~5% APY
Binance Coin (BNB)
Earn rewards on Binance Smart Chain
~3-7% APY
Cardano (ADA)
Delegate your ADA to earn staking rewards
~4-6% APY
Cosmos (ATOM)
Participate in the Cosmos Hub consensus
~8-12% APY
How to Start Staking:
- 1. Navigate to the "Earn" section in Trust Wallet
- 2. Select your preferred cryptocurrency to stake
- 3. Choose a validator (for delegated proof-of-stake coins)
- 4. Enter the amount you want to stake
- 5. Confirm the transaction and start earning rewards
Tips for Safe Crypto Storage
Follow these essential security practices to protect your cryptocurrency investments and ensure safe long-term storage.
Secure Your Recovery Phrase
- • Write it down on paper, never digitally
- • Store in multiple secure locations
- • Never share it with anyone
- • Consider using a hardware backup
Enable All Security Features
- • Use biometric authentication
- • Set a strong passcode
- • Enable transaction signing
- • Keep app updated
Best Practices
- • Verify all transaction details
- • Start with small test transactions
- • Keep software updated
- • Use trusted networks only
Portfolio Management
- • Diversify across different assets
- • Consider dollar-cost averaging
- • Monitor portfolio regularly
- • Use multiple wallets for large amounts