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Trust Wallet: what it is and how it works

Trust Wallet is a mobile e-wallet application that supports dozens of blockchains and hundreds of different cryptocurrencies. This is an application acquired by Binance in 2018. The following article shows how to use Trust Wallet in detail step by step: Introducing the interface, adding a coin to the wallet or obtaining the address of the coin wallet.

How to use Trust Wallet: interface and features

After creating a successful Trust Wallet, there are three main tabs in the application interface: Wallet, Discover, Settings.

The Wallet tab has main functions, including Send, receive, buy, convert cryptocurrencies. The user wants to use any process, click on that function. Buying cryptocurrencies on Trust Wallet is paid by credit card, and this makes the exchange rate and transaction fee (about 3%) much higher than buying cryptocurrencies from centralized exchanges like Binance. Therefore, this feature is rarely used by professional traders.

  • Below is a list of cryptocurrencies that users want to monitor.
  • Next to the list of cryptocurrencies is a list of user assets currently on the wallet.

Find out tab for users to access other features on Trust Wallet such as Staking, Defi, Lending…

  • By clicking on this tab, users will see some basic information such as the annual profit rate corresponding to each project.
  • When you select a token, the screen switches to an interface that allows you to send and receive that token or view a chart and related details.

The Settings tab allows users to manage all information related to the application, including:

  • Wallets: Create a new acount. Users can create several Trust Wallets on the same application.
  • Security and push notifications: security settings, notifications for wallets.
  • Preferences: Set the transaction currency and display language
  • Price alerts: Set up price alerts
  • WalletConnect: Connect Trust Wallet with other wallets
  • Below is information about social networking sites and support contacts with Trust Wallet.

How to add a coin to Trust Wallet

After opening an account, users see some default cryptocurrencies in the Wallet tab. To add a coin to your wallet, click the symbol in the upper-right corner of the screen, select the activation button next to the type of coin you want to add, and press [Finish].

How to get an address to receive coins from another wallet and transfer it to Trust Wallet?

  • On the Wallet tab, click the coin you want to receive
  • Click to select [Recevie].
  • The wallet address to receive the selected coin appears on the screen. The wallet is displayed as a QR code and text. The user can send an image of the QR code or press [Copy] to have the sender enter this address in the recipient section of the sending wallet.

How to use Trust Wallet to send coins to another wallet?

  • Similar to receiving coins, select the type of coin you want to send in the Wallet tab.
  • Click [Submit]
  • Enter the number of coins you want to send in the [Amount] box, click [Paste] to enter the wallet address of the previously copied recipient, or click the QR scan symbol to scan the QR code of the receiving wallet.
  • Click [Next] to continue depositing coins.

Conclusion

Above are some basic instructions on using Trust Wallet to send and receive coins. In general, Trust Wallet has a relatively simple and easy-to-use interface.

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