The crypto market is always changing, which makes it difficult for newcomers to navigate the space. There are a lot of crypto trading frameworks and crypto wallets out there, but none of them are as well designed or as easy to use as Trust Wallet.
What is the Trust Wallet app?
Trust Wallet is a secure and easy-to-use digital wallet that allows you to buy, sell, and store cryptocurrency. The funds are stored safely offline in multi-signature addresses. These addresses cannot be hacked, lost, or stolen because they are created locally on your device, and never transmitted to our servers. When making online payments, Trust Wallet protects your personal information from being exposed.
Trust Wallet provides a greatly simplified mobile and web based interface to manage your crypto assets, where you can safely store a variety of ERC20, ERC233, and ERC725 tokens. You can also use our escrow service to buy and sell cryptocurrencies using a variety of payment methods at the best available exchange rate. All transactions are done using fiat currencies such as EUR, USD, and GBP, which are then swapped for either BTC or ETH. The app does not sell any crypto, you will be redirected to a 3rd party provider where you can buy digital assets with fiat currency (USD, EUR, GBP, and JPY). The minimum transaction amount is $50, and the maximum amount is $20,000.
A guide to buying crypto with the Trust Wallet
Step 1 – Scroll To Buy Menu
In the Trust Wallet App, scroll to and select the cryptocurrency you want to purchase. Then, in the upper right corner of your wallet screen, tap the “Buy” button.
Step 2 – Indicate Purchase Amount
Indicate the amount in USD that you want to exchange, and the provider will give a quote on how much crypto it is willing to sell for your fiat currency. The team has implemented a new feature allowing users to choose from among different providers, whose quotes can be viewed by tapping 3rd party provider.
Step 3 – User Verification
The amount of verification required by cryptocurrency providers before customers can make purchases varies. Before making any transactions, some platforms require users to complete a full identity check, which includes submitting personal information such as an address or ID number.
Step 4 – Confirm Purchase
You will be presented with the amount in USD as well as the price in BTC or ETH you will receive for your selected amount. If this is correct, tap “Confirm” to complete your purchase.
Step 5 – Wait for Confirmation
When you finish a transaction, the cryptocurrency provider will send you an email confirming your order. The asset will be shipped as soon as possible. Some providers provide same-day delivery, while others require a longer wait. You should receive an order confirmation within 24 hours of placing your order.
Step 6 – Check Your Account
Once you have received confirmation that your purchase has been processed, check that the funds are in your account. The assets should appear in a wallet or other platform where they can be accessed and used.
Choose Trust Wallet
Trust Wallet, as a dependable and user-friendly platform, can offer users a secure and convenient way to transact in cryptocurrency.
The user interface of Trust Wallet is appealing, simple, and well-thought-out. This is an excellent option for both new and experienced users. While advanced features are still limited, the Trust Wallet team is clearly committed to furthering the wallet’s development, and more functionality is likely to appear in future updates.