Trust Wallet is a free, non-custodial mobile wallet for storing cryptocurrency and non-fungible tokens (NFT). It is categorized as a hot wallet because it is directly connected to the internet. The app is only available on iOS and Android devices and is relatively simple to set up and use.
Trust Wallet was acquired by Binance in 2018 to be its official decentralized wallet. It has the ability to store over 4.5 million digital assets and supports over 65 blockchains. Being a popular wallet among traders and investors, it has been downloaded over 30 million times to date.
What can you do with Trust Wallet?
Swap: You can easily exchange one crypto for another.
Buy: You can buy cryptocurrencies with your credit card via third-party platforms such as MoonPay or Simplex.
Stake: You can earn interest through Trust Wallet’s staking function or by accessing a menu of decentralized applications (dapps).
Store: You can store your crypto on various blockchain networks.
Collect: You can collect NFTs by using Trust Wallet’s dapp browser to access popular NFT marketplaces such as OpenSea or Rarible.
