Trust Wallet Review
WEBSITE: https://trustwallet.com/ru/
ABOUT COMPANY:
TrustWallet wallet is designed for buying, selling, storing crypto money. Trust Wallet is the wallet of the Binance trading platform, so many users know the app in connection with trading activities.
The wallet developers report that they paid special attention to the security and confidentiality of client data. The program does not store any data other than the address. It is stated that no one, except the owner of the account, can log into your personal account or restore access to it if it is lost.
TrustWallet is based on a Web3 browser, which means that the wallet can be “embedded” in decentralized applications. This is one of the main reasons for the popularity of the program.
TrustWallet
List of supported coins
The wallet works with the following cryptocurrency: Bitcoin (BTC); Ethereum (ETH); Binance Coin (BNB); Litecoin (LTC); Ripple (XRP); Polkadot (DOT); Stellar (XLM); Dogecoin (DOGE); Smartchain (BNB); Dash (DASH); TRON (TRX); Tezos (XTZ); Cosmos (ATOM); Kava (KAVA).
To simplify the process of buying cryptocurrency from cards, Trust Wallet has set up work with an intermediary – Simplex. In your personal account in the purchase section, you can exchange from a card to an account through an intermediary. The developers report that the rate is as close as possible to the market at the moment.
How to use TrustWallet
Working with Trust Wallet begins with installing the platform and registering:
First you have to download the application on the official website of the company, in Playmaker or AppStore.
After installing the program, you need to click the “Create” button.
A 12-word passphrase will be generated for the user. It must be copied and stored in a safe place. It is important to write down this phrase! It will be needed to access the wallet, restore it in case of losing the password. However, the key must be kept secret.
Next, there will be a small system check – you need to put the keywords in the correct order.
Then the user enters the personal account. All available cryptocurrencies are not immediately displayed there. You need to choose the main currency of the wallet yourself.
In the settings there is an option “Wallets”. There, by clicking on the plus sign, you can create additional wallets.
To send or request a cryptocurrency, just click on its name on the main page. The program sends the user to a menu where the recipient’s address must be entered. You can also copy the code to receive funds there.
In the upper right part of the page there is a link to the current market data, the current exchange rate, trading volumes.
Trust Wallet Limits and Commissions
Buying and selling cryptocurrency can be done by replenishing the wallet with a credit or debit card. Replenishment from the card will be suitable at the current exchange rate of the client bank. The transaction fee is 3.5% or $10, depending on the transfer amount.
There are limits on transactions:
The minimum transaction is $50.
No more than $20,000 per day.
No more than $50,000 per month per account.
If we talk about the time frame, then on average any transaction takes 10-30 minutes.
Conclusion
A feature of TrustWallet is that the platform does not require any personal data from the user, documents confirming his identity, etc. It is enough to download the program, install it and start working.
The wallet is distributed in various decentralized applications, it can be accessed by any gadget. This greatly simplifies the work, allows you to carry out operations faster.
The official website trustwallet.com is available in 11 languages. The interface is understandable to users who have never dealt with online wallets before.
Before creating a Trust Wallet, it is important to read the reviews.
I’m Canadian and want to first say we can’t open accounts on Binance.com. Started out wanting to buy the Propeller Protocol token on Kickstarter. Did all the steps right and told to download TrustWallet and I bought BNB from Moonpay on Trustwallet and then went through the process with CODE for propeller protocol token. Problem is it wouldn’t go through something to do with having to convert it because it was foreign. Now I can’t convert it because as Canadian I can’t open an account on Binance. Its ridiculous you can’t get it transferred back to your Visa. I don’t know what to do at this point and I’m not super experienced in crypto.
Trust wallet seemed very secure initially. I setup every authentication and password I could for max security. I never digitized any of my info for Trust and then one day I noticed ALL my Etherium and Shiba was gone. I can see where the Eth went however not sure what I can do about it as its not backed by banks. I’m immediately pulling all of my funds out of Trust, bought cold storage, and will be using strictly that from now on. Very dissapointing.
Zero stars if I could!
brand new trust wallet; and as soon as my BNB coins were converted to BNB Smart chain coin they instantly got transferred out of my fresh wallet!
low and behold I’m not the only one!
Search:
stolen-bsc-smartchain/271387
&
trust-wallet-untrusty-fraudulent-service-bnb-smart-coin/271735
Support is useless they just close the ticket upon a standard reply so you cant reply to your own ticket!
100% scam or there code is infected on the IOS platform. IOS is a walled vetted garden environment so my conclusion Trust Wallet is a scam!
my coins are disappeared. they not answering my questions. very bad expperience. i would not sggest anyone to use this platform. if you dont want to lose your funds, stay away from them. totally UNTRUSTED WALLET. they are not answering my emails, tickets i created left with no answers as well.
Great services, I requested help trying to transfer coins I bought and have on trustwallet and I was able to easily. But they gave me instructions that do not work and I was advised that those instructions that were given by https:support.trustswallet.co.uk/ and answer is final and to stop spanning or their system for more info and they will block my email address.
Staked Luna on their app, unstaking is not possible.
Then you go to their site to submit a ticket, their captcha system is not working, so you cant submit a ticket.
You go to their community website to try and get help, because the customer service is non-existent, they don’t let you post new questions.
My money is being held hostage 0/10.
I was scammed for $580 by moderator Alan47 on trust wallet community, Scammer sent my BNB to his wallet and disappeared. I have the full conversation as evidence and phone number. Trust Wallet support are not interested in helping. Never give out your 12 word phrase. Please be very careful.
There is no support at all! I got a new phone and backed up the old one minutes before activating the new phone. Every single app except TRUSTWALLET backed up. The phrases werent saved because we didn’t realize we would not lose our data. From there, I am out my money because there is no other way to retrieve my account. What a scam!! Their response was we are sorry dear. Their reviews on FB are all fake too!
This is like the 4th time scammers on Telegram recommended Trustwallet.
Think that says enough and especially when you look at the other reviews. And better stay away from all the digital money, f*cked up system and it will be a matter of time that physical money will disappear and we will have zero control
Yesterday around 530pm pst, someone accessed my supposedly secure Trust Wallet and stole over 14k of QNT, ALBT, and LCX. One moment it was there, the next moment gone to an unknown address and I don’t know what the help happened. No one has access to my phrase or my app. I’ve sent 2 complaint tickets to the help service with no response or confirmation emails. I sent my tokens to Trust assuming it would be more secure than an exchange. At least the exchanges provide customer service more readily and store the coins off site. Thanks Trust Wallet for absolutely nothing. I expect no resolution.
Shocking. I have one secret key which did not restore the crypto in my wallet. Avoid at all costs!
Similar to others, I stored my BTC in a Trust Wallet and it was then sent to another address. I copied the seed phrase offline. Just got the notification in my phone to say the BTC had been sent. I did a malware scan of my phone and nothing was found. Trust Wallet is the most likely culprit.