Review on Trust Wallet by Jessa Santos
Accessible cryto
The major goal of Trust Wallet is making more crypto more accessible. It is a decentralized wallet that allows users have control over funds in the wallets.
Trust Wallet is a mobile wallet for etherium and ERC20 tokens.
I have been able to store different types of crypto coins and tokens and I can say it is indeed a multi coin crypto wallet.
Trust Wallet helps to connects individual blockchains. The company does not control or hold any crypto, but users access to it. The app helps you manage your addresses in one place in order to send and receive crypto. Trust Wallet also give users access to Dapps browser where they can explore NFTS, Defi world and play blockchain games. You can also create multiple wallets.
Trust Wallet is one of the most secure cold wallet. It gives users access to their funds using a recovery phrase. It also allows users set up pass code security .The disadvantage of the recovery phrase is that it cannot be recovered when lost and so will the funds in the wallet be.
Trust Wallet also does not convert crypto to real money, users have to use another exchange that does that.
I also discovered it lack customer services.
Trust Wallet also deals with its users anonymously as it does not collect personal information even when you use your credit card to buy crypto.
I really think the Wallet is absolutely great
Pros
- Simple user interface, good for newbies
- Secure mobile crypto wallet that uses recovery phrase (wallet key) that can be stored locally, and allows users to secure access to account with passcode
- Users have direct access to their funds by using the recovery phrase s
- It can interact with over 40 blockchains and support over a hundred thousand digital assets
- Users can access Dapps browser without leaving the app
- Easy to buy crypto as Users can buy with credit card
Cons
- Cannot convert crypto to fiat
- Lack customer care services
- Wallet key cannot be recovered once lost, leading to money lose
