Review on Trust Wallet by Ibrahim Sunday
Trust wallet, 2020
Newbies struggle with with finding the best wallet for them to start their businesses. Their are lots of wallet, with different technologies and approach, amongst is the
Trust wallet is gradually taking over every other wallet as it supports a variety of transaction like exchange and trading. It developers has an aim of growing it to be a big community, by allowing free nodes for other developers to build there wallets from
It claims it has no transaction charges and it is suitable for making smart contract communities as its service available makes it
Pros
- It is authentic for transactions for almost all the wallets and exchanges I know, this is made possible due to there standard of ERC-20 technology
- Its security is complex, they don't require you to give personal information about yourself, they claim they have no access to your account.
- It's user interface is perfect, comprehensiv
- It allows other developers build their wallet on their open core network, i t claims that they don't have access to your account.
Cons
- One thing I dislike about them is the fact that I can't recover my account after I loose the password.
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Comments (1)
November 27, 2020
There is a way to recover the wallet which is through Private keys ir memonic phrase. Best thing about Custodial wallets is that they store the keys and are encrypted and you can recover your key as long as they are installed and once due to loss of device or any other reason you can import wallet through Private key. Hope it helps
