Trust is one of the many existing crypto wallets. Like others, it is designed to store coins and has a high degree of protection. In this article, we will take a detailed look at how to create a TrustWallet.

When deciding where to store cryptocurrency, it should be taken into account that more than 20 million users chose this service for their tokens in 2021. In addition, it is worth noting that the application is constantly developing and has recently monetized its own cryptocurrency – TWT. In order to create a TrustWallet, you need to go through several standard steps.

First, download the app

 

The program is only supported by devices with IOS and Android operating systems. Unfortunately, Windows PC storage is not supported. The desktop version will only work on Apple OS.

First of all, you need to open the App Store or Google Play and enter “Trust Wallet” in the search bar. Select the Trust Wallet application and click the “Install” button.

Second – create a Trust Wallet wallet

 

After opening the application, click the “Create a new wallet” button.

How to pass verification: you need to accept the terms of use and set a six-digit pin code to enter. The app will ask you to enter a 12-word secret seed phrase. This sequence of characters must be written down and stored in a safe place. 

Without this phrase, access to the wallet cannot be restored. It is recommended that you save your seed phrase in a couple of safe places. Moreover, its loss can lead to the loss of all assets on the wallet.

After entering 12 words in the application window, the Trust Wallet wallet is created.

Third, add tokens to TrustWallet

This is what the TrustWallet interface looks like on AndroidThis is what the Trust Wallet interface looks like on Android

By default, 3 cryptocurrencies are presented in the application.

  1. Bitcoin.
  2. Ethereum.
  3. Binance coin.

To add other coins, you will need to complete the setup. To do this, in the upper right part of the screen, click on the “Filters” icon.

Enter the ticker or the full name of the coin in the search bar. After you find the one you need, move the slider.

Searching for tokens in the TrustWallet app on Android.Searching for tokens in the Trust Wallet app on Android.

Next, a tab with the selected token will appear in the wallet interface.

Is it safe to store cryptocurrencies in Trust Wallet?

Trust Wallet crypto wallet is a decentralized service. The main risk to the user’s finances is the loss of the secret seed phrase. Security comes first, so you should not share your data, account status and the list of coins in your wallet with anyone.

Trust is considered one of the most reliable ways to store cryptocurrency. Its reputation is so high that only cold and hardware wallets are recognized as safer.

How to replenish the balance and withdraw funds from TrustWallet?

BTC balance in Trust Wallet on Android.BTC balance in Trust Wallet on Android.

On the main page of the application, you must select and go to the tab with the desired digital asset. Then click the “Get” button.

As a result, a QR code will appear on the screen. To transfer coins, you need to scan the image or click on the copy button.

QR code for receiving cryptocurrency in TrustWallet on Android.QR code for receiving cryptocurrency in Trust Wallet on Android.

When withdrawing from a decentralized platform or a cryptocurrency exchange, you need to paste the copied address into a special window.

Important! You should send only the cryptocurrency that you have previously selected in your wallet. Sending other coins may result in their loss.