While investing in cryptocurrency, you must pay close attention to wallet security to avoid crypto-thefts, hacks and attacks etc. A mistake many people make is storing their assets on exchanges because no exchange can be a secure crypto wallet. As the name suggests, all you should use an exchange for is EXCHANGE (buying and selling). Only keep what you need to trade on the exchange and withdraw the excess or whatever amount you’re hodling into a high security crypto wallet. To ensure the security of your assets, it is paramount that you pick the right wallet. For me, the best choice is Trust Wallet.
WHAT IS TRUST WALLET?
Trust Wallet is a secure, multi-chain, non-custodial, decentralised crypto wallet. It is a simple application for managing (buying, selling, earning, and storing) your tokens and coins in one place. Being non-custodial, it allows you to be in full control of your private keys. Using Trust wallet, you can store the vast majority of tokens (with over 4.5 million digital assets supported) on the market with more crypto projects and blockchains being adopted all the time.
One feature I particularly love and find very useful is its built-in Web3 browser because a lot of useful applications are being built on the blockchain daily. Using Trust wallet’s dApp browser, you can easily and securely connect to such applications.
WHY SHOULD YOU USE TRUST WALLET?
Below are the features you should look out for in a good wallet (and which can all be found in Trust Wallet).
It is advisable to use a cryptocurrency wallet that allows you to have complete access to your private keys, pass-phrases and other ownership features. Trust wallet is non-custodial, meaning your assets are completely within your control. However, you must be responsible for your own security by keeping your recovery phrases in the correct order for backup purposes. Trust Wallet also allows you to add an extra layer of security to the mobile app by enabling Touch or Face ID and setting the auto-lock time to restrict unauthorised access.
It also goes without saying that the interface of your wallet must be user-friendly. The last thing you want to do is to use a wallet you don’t understand. This is why a wallet like Trust wallet is your best bet. Unnecessary complexity could lead to a user making mistakes which could endanger asset security. Trust wallet is easy to use as it has an intuitive user interface that ensures the best user experience.
Another thing to look out for is the reputation of the developers or owners. Are they trustworthy? This is why Trust Wallet ranks among the world’s leading self-custodial wallets, with over 58 million app downloads and 10+ million MAUs worldwide. Developed in 2017, Trust Wallet was acquired by Binance in 2018 and has built a reputation among consumers for security and privacy.
GET TRUST WALLET TODAY!
Thanks to its simple UI, dApp browser, non-custodial nature and multi-chain support, Trust wallet is the one-stop solution for all crypto-related needs while preserving the privacy and anonymity of its users.
To set up Trust Wallet on iOS or Android, simply download the wallet from the app store on your device. You can also use Trust Wallet on your browser by installing it as an extension.
Visit https://trustwallet.com/ to get started.
You can buy your crypto on Binance and send it to your trust wallet. Open a binance account here: https://accounts.binance.me/en/register?ref=YA35VD1V
SOURCES
Binance Academy || What is Trust Wallet
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