If you're a cryptocurrency enthusiast, you must be looking for a reliable crypto wallet. This is where Trust: Crypto & Bitcoin Wallet comes in. The app's ID is com.wallet.crypto.trustapp and belongs to the Finance genre. The Trust app offers users the opportunity to store, send and receive various cryptocurrencies, including Bitcoin and Ethereum, among others. But is Trust: Crypto & Bitcoin Wallet a good option? This review will help you decide.
Features
Security:
When it comes to cryptocurrency, security is a top-priority. Trust offers end-to-end encryption, which adds an extra layer of protection for users. Besides, only the user holds the private key to their wallet, meaning no third-party has access to their digital assets.
Simplicity:
Unlike most wallet apps, Trust features a beginner-friendly interface that doesn't require any prior technical experience to navigate. As a result, it feels easy to get started with.
Connectivity:
Trust offers a highly accessible platform that can be accessed from anywhere on the planet. Users can access and manage their wallets from any device and keep tabs on all their digital assets on the go.
Pros
Wide Range of Cryptocurrencies:
Trust supports multiple cryptocurrencies, giving users the ability to manage all their digital investments from a single location. Apart from Bitcoin and Ethereum, Trust also supports Tron, Binance Coin, and much more.
User Control:
With Trust, users own their accounts, and the private keys to their accounts are encrypted locally on their devices making it so that it’s only accessible to them. This way, if the device is stolen, the cryptocurrency will still stay secure.
Multisignature Support:
Trust also supports multisignature transactions, making it easier to manage joint accounts collaboratively. The ability for multiple keyholders to sign before transactions are broadcast adds another layer of protection to your digital assets.
Cons
No Desktop Version:
Trust doesn't offer a desktop version for users who find using apps on mobile devices tiresome. Consequently, users can only access their wallets from a mobile device.
Few Advanced Features:
Trust has all the basic features you’d expect from a crypto wallet app; however, there are a few advanced features like charts, news feeds, and price alerts missing. While these aren’t essential for complete beginners, experienced investors might find their absence somewhat limiting.
How Does It Compare?
MyEtherWallet:
Compared to Trust: Crypto & Bitcoin Wallet, MyEtherWallet is more advanced but is limited in the sense that it only supports Ethereum and ERC-20 tokens. On the other hand, Trust supports various cryptocurrencies such as Bitcoin, Tron, and others. Trust better suits those looking for broad support of cryptocurrencies, while MyEtherWallet is perfect for advanced users invested in Ethereum-based investments.
Bread:
Bread is a crypto wallet app that is similar to Trust but comes with an intuitive interface that can help beginners navigate it more easily. Despite this, unlike Trust, it only supports a few coins. So, while Bread is beginner-friendly, it's less flexible in terms of multi-coin support.
Tips for Using Trust
Secure Your Backup Phrase:
When creating your Trust wallet, you’ll receive a 12-word backup phrase. Keep this safe, as it’s crucial to recovering your funds in case you lose your phone or delete the app.
Know Your Transaction Fees:
As with most cryptocurrency wallets, Trust requires a certain percentage of transactions in fees. Make sure you always know how much you’re paying for transactions to avoid surprises.
Research Your Coins:
Before investing in any cryptocurrency, make sure you understand how it works to avoid unpleasant financial losses. The more you learn, the better your investment decisions will be.
Conclusion
All things considered, Trust: Crypto & Bitcoin Wallet is an excellent option for beginner and intermediate crypto investors. The app boasts robust security features, multisignature support, and a broad range of supported cryptocurrencies. On the other hand, its lack of advanced features may make it less attractive for experienced investors who value detailed information about their holdings. Overall, If you're looking for a beginner-friendly mobile wallet with multi-coin features, Trust is an excellent choice.
Updated 05-18-2023
Overview
If you're a cryptocurrency enthusiast, you must be looking for a reliable crypto wallet. This is where Trust: Crypto & Bitcoin Wallet comes in. The app's ID is com.wallet.crypto.trustapp and belongs to the Finance genre. The Trust app offers users the opportunity to store, send and receive various cryptocurrencies, including Bitcoin and Ethereum, among others. But is Trust: Crypto & Bitcoin Wallet a good option? This review will help you decide.
Features
Security:
When it comes to cryptocurrency, security is a top-priority. Trust offers end-to-end encryption, which adds an extra layer of protection for users. Besides, only the user holds the private key to their wallet, meaning no third-party has access to their digital assets.
Simplicity:
Unlike most wallet apps, Trust features a beginner-friendly interface that doesn't require any prior technical experience to navigate. As a result, it feels easy to get started with.
Connectivity:
Trust offers a highly accessible platform that can be accessed from anywhere on the planet. Users can access and manage their wallets from any device and keep tabs on all their digital assets on the go.
Pros
Wide Range of Cryptocurrencies:
Trust supports multiple cryptocurrencies, giving users the ability to manage all their digital investments from a single location. Apart from Bitcoin and Ethereum, Trust also supports Tron, Binance Coin, and much more.
User Control:
With Trust, users own their accounts, and the private keys to their accounts are encrypted locally on their devices making it so that it’s only accessible to them. This way, if the device is stolen, the cryptocurrency will still stay secure.
Multisignature Support:
Trust also supports multisignature transactions, making it easier to manage joint accounts collaboratively. The ability for multiple keyholders to sign before transactions are broadcast adds another layer of protection to your digital assets.
Cons
No Desktop Version:
Trust doesn't offer a desktop version for users who find using apps on mobile devices tiresome. Consequently, users can only access their wallets from a mobile device.
Few Advanced Features:
Trust has all the basic features you’d expect from a crypto wallet app; however, there are a few advanced features like charts, news feeds, and price alerts missing. While these aren’t essential for complete beginners, experienced investors might find their absence somewhat limiting.
How Does It Compare?
MyEtherWallet:
Compared to Trust: Crypto & Bitcoin Wallet, MyEtherWallet is more advanced but is limited in the sense that it only supports Ethereum and ERC-20 tokens. On the other hand, Trust supports various cryptocurrencies such as Bitcoin, Tron, and others. Trust better suits those looking for broad support of cryptocurrencies, while MyEtherWallet is perfect for advanced users invested in Ethereum-based investments.
Bread:
Bread is a crypto wallet app that is similar to Trust but comes with an intuitive interface that can help beginners navigate it more easily. Despite this, unlike Trust, it only supports a few coins. So, while Bread is beginner-friendly, it's less flexible in terms of multi-coin support.
Tips for Using Trust
Secure Your Backup Phrase:
When creating your Trust wallet, you’ll receive a 12-word backup phrase. Keep this safe, as it’s crucial to recovering your funds in case you lose your phone or delete the app.
Know Your Transaction Fees:
As with most cryptocurrency wallets, Trust requires a certain percentage of transactions in fees. Make sure you always know how much you’re paying for transactions to avoid surprises.
Research Your Coins:
Before investing in any cryptocurrency, make sure you understand how it works to avoid unpleasant financial losses. The more you learn, the better your investment decisions will be.
Conclusion
All things considered, Trust: Crypto & Bitcoin Wallet is an excellent option for beginner and intermediate crypto investors. The app boasts robust security features, multisignature support, and a broad range of supported cryptocurrencies. On the other hand, its lack of advanced features may make it less attractive for experienced investors who value detailed information about their holdings. Overall, If you're looking for a beginner-friendly mobile wallet with multi-coin features, Trust is an excellent choice.