Trustwallet is a popular mobile cryptocurrency wallet that allows users to store, manage, and trade various digital assets.
Trustwallet was founded by Viktor Radchenko in 2017. Radchenko is a software developer with a background in cybersecurity. He created the wallet to provide users with a secure and easy-to-use platform to store and manage their cryptocurrency and digital assets.
In 2018, Trustwallet was acquired by Binance, one of the largest cryptocurrency exchanges in the world. The acquisition allowed Trustwallet to expand its capabilities and integrate with Binance’s services. Since then, Trustwallet has continued to grow and improve, adding support for new cryptocurrencies and NFTs. The wallet is now available in over 190 countries and has over 5 million users. Trustwallet’s mission is to provide users with a decentralized and transparent way to manage their digital assets. With its focus on security and ease of use, Trustwallet has become a popular choice for many cryptocurrency investors and enthusiasts.
This article will explain how to install Trustwallet, how to deposit and send cryptocurrency, and how to store NFTs.
Installation
To install Trustwallet, you need to follow these steps:
- Go to the official Trustwallet website or download the app directly from your App Store or Google Play Store.
- Open the app.
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Create a new wallet or import an existing one by scanning a QR code or entering a seed phrase.
Once you’ve set up your wallet, you’re ready to use Trustwallet to deposit and send cryptocurrency and store NFTs.
Deposits and Sending Crypto
After opening the app
- Select the cryptocurrency you want to deposit or send by tapping on its icon
- Tap the ‘Receive’ button to get your deposit address, or the ‘Send’ button to send cryptocurrency to another wallet.
- To deposit, copy your deposit address and paste it into the send field on the platform or exchange where you want to withdraw from.
- To send, enter the recipient’s wallet address, the amount of cryptocurrency you want to send, and any additional notes.
- Confirm your transaction and wait for it to be processed.
Storing NFTs
Trustwallet also allows users to store NFTs. To do this, you need to follow these steps:
- After opening the app, select ‘Wallet’ and ‘Add Custom Token’ from the menu.
- Enter the contract address, symbol, and decimals for the NFT you want to add to your wallet.
- Once your NFT is added, you can view it by selecting ‘Tokens’ in your wallet menu.
Browser Extension
Trustwallet is currently testing a new browser extension feature that aims to enhance the user experience of its wallet platform. The Trustwallet browser extension is in beta and is designed to make it easier for users to interact with cryptocurrency-based content on the internet.
The browser extension will allow users to connect their wallets to Trustwallet directly from their browser, meaning they won’t have to switch between different platforms to navigate the crypto landscape. Additionally, the extension will enable users to access decentralized applications (dApps) directly from their browser.
The extension’s core feature is its compatibility with Ethereum and Binance Smart Chain, which will allow users to navigate various crypto-based services seamlessly. With this feature, Trustwallet aims to become the go-to wallet for users who prefer to have everything in one place.
Another unique feature of the extension is its support for NFTs. Users can view and trade NFTs with ease, thanks to the extension’s integration with Trustwallet’s main wallet.
The Trustwallet extension can be installed for Google Chrome and Mozilla Firefox browsers, and users can access it from the Trustwallet website.
The browser extension is a valuable addition to the Trustwallet platform, providing users with a seamless and streamlined user experience. As it’s still in beta, users should expect potential bugs or glitches, but the extension’s future looks promising.
Final Thoughts
Trustwallet is a powerful mobile wallet that supports a wide range of cryptocurrencies and NFTs. Its ease of use makes it an ideal choice for new users looking to get started with cryptocurrency. If you’re looking to start investing in the digital market, Trustwallet might be an option you want to look into.
