Trust Wallet is a mobile cryptocurrency wallet that allows you to send, receive and store a wide range of cryptocurrencies. It was launched in 2017 and later acquired by Binance, one of the world’s largest cryptocurrency exchanges.
The wallet supports a large number of digital currencies and also includes a built-in Web3 browser, which allows users to interact with decentralized applications (DApps) directly from the app itself. This feature supports the growing DeFi (Decentralized Finance) ecosystem on the Ethereum, Binance Smart Chain, and other networks, as users can access and use these DApps from within the wallet.
Trust Wallet also supports the buying of cryptocurrencies via credit cards and other payment methods, thanks to its integration with third-party providers.
The wallet places a heavy emphasis on security and user control over their funds. It is a non-custodial wallet, meaning that the user’s private keys are stored on their own device and not on a centralized server. This approach is designed to give users full control over their own crypto assets.
Trust Wallet also supports staking of certain cryptocurrencies, which allows users to earn rewards by participating in the security and operation of a blockchain network.