Trust Wallet supported coins
Categories: Crypto wallet
Trust wallet supported coins
Trust Wallet supported coins is a non-custodial programming wallet that offers an across the board insight. It permits clients to safely send, get, trade, and hold advanced resources, including digital currencies and non-fungible tokens (NFTs). The wallet upholds numerous blockchain networks and is accessible on iOS, Android, and as a program expansion for work areas.
Pros Explained
Supports 4.5 million digital assets: Trust Wallet supported coins supports more than 60 cryptocurrencies and custom tokens. There is no limit to creating custom tokens, hence the number 4.5. The wallet also allows users to collect Ethereum- and BNB-based NFTs.
Easy setup: Getting set up with Trust Wallet supported coins on iOS and Android is easy. Start by downloading the wallet from the app store on your preferred device. You can either make another wallet or import your old wallet utilizing the 12-word seed state.
Non-custodial: With a non-custodial wallet like Trust Wallet, clients have sole control of their confidential keys, which places them in charge of their computerized resources.
In-app decentralized exchange: The wallet's native decentralized exchange (DEX) allows users to buy and sell multiple digital assets within the app through two options—wap and exchange. However, the exchange option is available for only BNB and BEP-2 token standards.
Available staking options: Since Trust Wallet supported coins multiple proof-of-stake blockchain networks, it enables users to stake 12 cryptocurrencies, including Binance Coin (BNB), TRON (TRX), Tezos (XTZ), Cosmos (ATOM), VeChain (VET), among others.
Cons Explained
No cold storage: Though the wallet claims to start Ledger integration soon, it currently does not support hardware wallets for the offline storage of cryptocurrencies.
Limited customer support: Trust Wallet supported coins lacks direct customer support, although it allows users to contact the team via email and has a help page for frequently asked questions.
Private Android source code: The iOS version is open source that is available on GitHub. The Android source code, however, cannot be found.
No iOS dApp browser: Trust Wallet supported coins had to remove the dApp browser on its iOS application to comply with the guidelines of the Apple store.
Features
Trust Wallet supported coins supports a diverse range of digital assets, allowing users to sell, swap, and purchase cryptocurrencies, collect NFTs and explore dApps on Ethereum and BNB—all directly from within the app. Users can also add custom tokens to their wallets. For a more seamless Web3 experience, Trust Wallet launched a browser extension on November 14, 2022, with support for Ethereum, Solana, and all EVM chains like BNB, Avalanche, and Polygon.
One of the key features of the Trust Wallet supported coins is its dApp browser, which allows users to interact with decentralized applications like UniSwap, Compound, Aave, etc. This browser can also be used to access NFT marketplaces like OpenSea to view, collect, and exchange NFTs.
While Android users can still connect with dApps directly from the Trust Wallet app, Apple or iOS devices no longer include the dApp browser. The wallet removed the functionality in June 2021 in order to comply with Apple's App Store guidelines.
Nevertheless, Trust Wallet is a hot wallet. It is subject to phishing scams. Therefore, users must secure their recovery phrase to avoid a permanent loss of funds.
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