When you buy crypto, you must have storage to store the crypto. You can store crypto on custodial or non-custodial wallets. If we talk about security, then non-custodial wallets are much better than custodial wallets. Non-custodial wallets include hot and cold wallets. Here today we are going to discuss the non-custodial wallet, Trust Wallet.
What is Trust Wallet
Trust Wallet is a non-custodial wallet also known as a Hot wallet used to securely store crypto. You can install this on your mobile devices (iOS, Android) and as a browser extension, it ensures security, and you can fully own it. It supports Ethereum ERC-20 tokens moreover, it helps users to sell, buy and exchange leading cryptocurrencies. In addition, users can stake crypto using its staking feature to earn crypto.
How to Get Started
As we discussed, you can set up Trust Wallet on mobile devices (IOS and Android) as well as you can install it on a browser extension. Here I’m going to teach you a step-by-step guide to get started with the Trust wallet.
Step 1: Download the Trust wallet extension from the Chrome Web Store:
Step 2: Click on the button Add to Chrome to download the extension in the browser:
Step 3: Click on the button Add extension to add or install the extension:
Step 4: Click on the extension icon given in the browser bar:
Step 5: Click Create a new wallet to add the new wallet or you can import the predefined wallet:
Step 6: Click on the button Share data to share the usage pattern to improve the performance of the Trust wallet:
Step 7: Enter the password and hit the button Proceed:
Note: One thing you should always keep in mind passwords must be a mixture of characters, alphanumeric keys, and special characters.
Step 8: To ensure security hit the button Start to back up the secret phrase:
Step 9: View and copy the secret phrase, afterward hit the button Got it:
Step 10: Enter the correct sequence of secret phrases by following the copied phrases and hot the button Next:
Step 11: Hit the button Open wallet:
Step 12: Here it has been successfully logging in. Now you can send or receive the crypto and can see the history of the transaction:
How to Send Crypto Using Trust Wallet
You can send crypto using a Trust Wallet, here I’m going to perform step by step guide to send the crypto using the recipient's address.
Step 1: Hit the button Send to send the crypto:
Step 2: Select the token that you want to send and then hit the token for further procedure:
Step 3: Enter the “Recipient address” to whom you want to send and the Amount then click the Preview button:
How to Receive Crypto Using Trust Wallet
You can receive crypto using a Trust wallet, here I am performing step by step guide to get the address that you will use while receiving crypto.
Step 1: Click on the Receive button to receive the crypto:
Step 2: Search for the token you want to receive to get the address through which send will send you the crypto:
Step 3: Here you can use QR Code or Address to receive the ETH:
Conclusion
Trust Wallet is a non-custodial wallet used to securely store crypto. Through this platform investors or traders can send or receive the crypto in the very easiest and most secure way. It is available for android or IOS devices as well as you can use it in a browser as an extension. It supports Ethereum ERC-20 tokens.
