What is Trust Wallet?
Here is a quick breakdown:
A decentralized wallet, you hold the keys to your cryptocurrency wallet.
A user controlled wallet, only the user has control over their funds.
Has access to DApps unlike centralized wallets.
Does not keep any personal information.
Main goal is Making Crypto More Accessible.
How does Trust Wallet work?
Trust Wallet acts as a bridge that connects to individual blockchains via their nodes. Every blockchain has their own set of public addresses. These addresses are where the Crypto are encrypted and stored.
Trust Wallet does not hold or control any Crypto, it just gives the user access to it.
Trust Wallet is free to download and does not earn anything when you use it. Fees are all paid to the miners or validators.
Trust Wallet helps you manage your addresses, in order to send and receive Crypto. The app also provides the user the ability to do other Crypto transactions, like trading and staking.
Are my Funds Secure?
Yes.
Trust Wallet uses an industry standard to encrypt your wallet and secure the recovery phrase.
Learn more here: Am I in Control of My Private Keys?
And for better security, familiarize yourself with the 3 Steps to Protect your Crypto Wallet.