Trust Wallet is a popular decentralized cryptocurrency wallet that allows for diverse management of digital assets with support for over 100 blockchains.
Acquired by Binance since 2018, Trust Wallet stands out with asset management features, staking, cross-chain Token swaps, and direct access to Web3 DApps, meeting user needs for safety and convenience in the Web3 era.
MAIN CONTENT
Multi-chain decentralized wallet, giving users complete control over private keys.
Easily integrates staking, cross-chain Token swaps, and fiat crypto purchases.
TWT Token functions for governance, discounts, and supporting the development of the Web3 ecosystem.
What is Trust Wallet (TWT)?
Trust Wallet is a decentralized wallet supporting the storage and management of various digital assets across more than 100 blockchains.
Since its launch in 2017 and acquisition by Binance in 2018, Trust Wallet has been widely recognized as an easy gateway to DeFi, NFT, and Web3 services, with a user-friendly interface and full control of private keys belonging to the users.
How does Trust Wallet work?
Trust Wallet operates through mobile applications and browser extensions, integrating multi-chain and direct access to Web3 DApps.
Users can store, send, receive, swap Tokens, stake, and buy crypto with fiat without needing to log in or store personal information. The product supports over 100 popular blockchains like Ethereum, BNB Chain, Bitcoin, Arbitrum, Optimism…
Key products and features of Trust Wallet
Multi-Asset Wallet
Trust Wallet allows management of over 100 blockchains with millions of Tokens and NFTs, giving users complete control over their private keys.
Wallet supports Bitcoin, Ethereum, BNB Chain, Arbitrum, Polygon, Solana, stablecoins like USDT, USDC, DAI, along with ERC-721 and BEP-721 standard NFTs. Decentralization ensures maximum security for digital assets.
Staking
Users can stake various Tokens directly on Trust Wallet and receive passive rewards with diverse APR rates.
Popular Tokens for staking include BNB, ATOM, SOL, KAVA, TWT. Users can choose validators, monitor performance, and easily cancel staking when needed. The simple interface makes for a smooth staking experience for everyone.
Trust Wallet has expanded the staking experience so that users can not only hold assets but also generate passive income on a secure platform.
Binance spokesperson, 2025
Buy Crypto with Fiat
The feature to buy crypto directly with fiat is integrated through reputable partners for quick market access.
Trust Wallet supports over 40 types of cryptocurrencies purchased via credit cards, Apple Pay, Google Pay, and bank transfers through providers like MoonPay, Simplex, Ramp, Mercuryo, Transak. This makes it easier for newcomers without the need for complex exchanges.
Swap and Cross-chain Trading
Trust Wallet provides direct Token swaps between different blockchains with high liquidity and optimal rates.
Users can swap Tokens between chains like BEP-2, BEP-20, Ethereum, BNB Chain through liquidity providers like 1inch, Binance DEX without needing KYC verification or leaving the app. The only fee is the standard network fee.
Key features of Trust Wallet
Trust Wallet stands out for its complete decentralization, open-source nature, and high security, while also being user-friendly for all levels.
No storage of Private Key, users have full control over their assets.
Source code on GitHub allows the community to monitor and contribute.
Security support through PIN, biometrics, and device encryption.
Easily connect with thousands of DeFi, NFT, GameFi DApps in the Web3 ecosystem.
Overview of TWT Token and Tokenomics
TWT Token is the native Token on BNB Chain used for governance, discounts, and supporting the development of the Trust Wallet ecosystem.
TWT has a total supply of 1 billion Tokens, of which 416,649,900 Tokens are in circulation. The allocation consists of 40% for users, 15% for developers, 15% for the community, and 30% for the reserve fund.
TWT Token Allocation
Governance: TWT holders participate in deciding on improvements and new features.
Discounts: Offers when using DEX and purchasing Tokens in the app.
Payments: Supports payments when contributing Pull Requests to the project.
DApp promotions and referral rewards: Boosting community engagement and ecosystem development.
Roadmap
Trust Wallet continues to develop and expand features and integrated blockchains according to a detailed plan until 2026.
Q1-2 2025: Upgrade onboarding to combine Web2 experiences and self-custody, expand fiat crypto purchases, integrate major blockchains ready for launch.
Q3-4 2025: Launch of 'Any Token, any chain' for smooth cross-chain swaps and management, development of Token exploration based on preferences, stablecoin updates for spending, and enhanced smart security.
2026: Deep integration of the Solana ecosystem, development of the Trust Wallet Security Scanner to check smart contracts, and expansion of TWT Token governance rights.
Development team, Investors & Partners
Development team
Viktor Radchenko, the founder of Trust Wallet, has a background in software security development, leading the project from 2017 to 2022.
After Binance's acquisition in 2018, Binance Labs collaborated with the engineering team to enhance the user experience, strengthen security while maintaining decentralization and transparency through open-source.
Our vision is to create a simple yet powerful decentralized wallet, protecting user assets and connecting them to the entire Web3 ecosystem.
Viktor Radchenko, Founder of Trust Wallet, 2021
Investors
Binance is a strategic investor, providing technical resources and a global liquidity network for Trust Wallet.
Technical development support
Wide liquidity ecosystem
Support for market and product expansion
Partners
1inch, PancakeSwap, Uniswap: Partnering to provide integrated Token swap solutions right in the wallet.
CoinMarketCap & DappRadar: Providing real-time Token price data and dApp information.
Ramp, MoonPay, Transak: Supporting diverse payment methods for purchasing cryptocurrency through fiat.
Binance DEX: Directly integrated decentralized exchange.
Solana, Polygon, Arbitrum, Optimism, Ethereum: Pre-integrated major blockchains for a seamless experience.
Ledger, Keystone, SafePal: Supporting the connection of hardware wallets for enhanced security.
Summary
Trust Wallet is a complete, secure, and multifunctional decentralized wallet solution, suitable for both newcomers and professional investors.
Backed by Binance and regularly updated, Trust Wallet is not only a storage place but also a comprehensive bridge to the Web3 world through staking, swapping, fiat crypto purchases, and direct DApp access.
This article is for informational reference only and is not investment advice.
Frequently Asked Questions
Is Trust Wallet safe?
With 100% decentralization, no storage of user private keys, and multi-layered security, Trust Wallet is highly regarded for its safety by security experts.
How to buy cryptocurrency through Trust Wallet?
Users can buy crypto using credit cards, Apple Pay, Google Pay through partners like MoonPay, Simplex directly in the app without needing an exchange.
What is TWT Token used for?
TWT supports governance, transaction fee discounts, service payments, and encourages the community to develop the Web3 ecosystem on the Trust Wallet platform.
Which Tokens can be staked on Trust Wallet?
Trust Wallet supports staking for many Tokens like BNB, ATOM, SOL, KAVA, TWT with a simple process and attractive rewards.
How to swap Tokens cross-chain on Trust Wallet?
Trust Wallet integrates leading liquidity providers allowing direct Token swaps between blockchains without leaving the wallet or KYC.
Source: https://tintucbitcoin.com/trust-wallet-twt-la-gi/
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