Review on Trust Wallet by Danh Huỳnh Ngọc Công
Trust wallet -a wallet you can trust... and have some fun
Trust wallet is an excellent wallet with many utilities other than just store, receive, and send cryptocurrency. Also, the design and security is world-class. Any users who use this wallet will surely satisfy with what it offers. Personally, I love that it is so advanced it can connect with DApps on many different blockchain to do many things including playing games, exchanging on the DEXs, or buying/selling digital goods. Trust wallet is truly an excellent product!
Updated 5 years ago
Rating has not been changed
Negative point: - The wallet does not support many languages so it is not so convenient for users coming from different countries in the world.
- Right now, PC users can download the Android APK for Trust Wallet; however, I think it is better if they release official apps for every OS.
Pros
- - Trust wallet is especially compatible to every type of token on Ethereum blockchain. It's very good for the huge Ethereum tokens supporters
- - It is super simple and easy to create a wallet for yourself on this exchange. It takes only three steps and a few minutes
- - Using this wallet to store, send, and receive cryptocurrencies is extremely easy but very secure
- - It can be connected directly to DApps and this is an excellent feature as there are hardly many wallets can offer it. Now by using Trust wallet, everyone can use DApps even though they don't carry their PC with them. Also, it help the DApps have more utilities than most of other competitors
- - Trust has established partnership with Kyber Network to help users swap their tokens right on their phone with low fee, short time and high liquidity
- - The private key of every address in this wallet is kept by the phone owner himself so there is no worry that the database of trust wallet is hacked and keys got stolen
- - It appearance is very well-designed, simple but effective and this is a wallet created to satisfy any type of users
- - It was acquired by Binance Exchange - the most famous cryptocurrency exchange in the world right now
- - Its securty is ensured by many security levels (as secure as banks) so the assets will be safe when kept in this wallet
Cons
- - At the time of writing, Trust wallet only support over forty blockchains in total and this number need to be improve as there are more and more blockchains have been created in a short period of time. The more blockchain there are, the more users they will have
- - Although the security of Trust wallet is strong; however, hardware wallet such as Ledger, Trezor, or Keepkey wallets are still the most secure way to store cryptocurrency
- - There are no setting for authentication factors like GA, SMS, fingerprint, or face lock to prevent the device got into the control of someone else
- - There are many competitors in the sections such as Myetherwallet (with a huge "fanbase"), Bread wallet (with BRD as an incentive), or Equal wallet (similar to Trust wallet but focus on UX/UI and has an ecosystem around EQL token)
