Trust Wallet Guide

Wallet Provider: Trust Wallet, Binance

Official Website:https://trustwallet.com/

Compatible Operating Systems: Android & IOS. Not available on Desktop.

Description: The Trust Wallet is a Multi-Crypto wallet Available on a mobile device, able to hold many different crypto-assets with over 1m+ active users. The service was bought by major cryptocurrency exchange Binance to integrate within their system as the standard wallet service. Initial designed for compatibility with the Ethereum network, the wallet can hold all tokens on the network as well as other BEP2 wallets and Bitcoin. The wallet prides itself as the most Trusted and secure crypto wallet.

Supported Cryptocurrencies:

Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Stellar (XLM), Zcash (ZEC), Dash (DASH), TRON (TRX), Bitcoin Cash (BCH), Tezos (XTZ), Cosmos (ATOM), Ethereum Classic (ETC), GoChain (GO), POA Network (POA), VeChain (VET), Wanchain (WAN), Qtum (QTUM), Ontology (ONT), Groestlcoin (GRS), ICON (ICX), Theta (THETA), Dogecoin (DOGE), Ravencoin (RVN), Nano (NANO), Decred (DCR), Zilliqa (ZIL), Aion (AION), Waves (WAVES), Aeternity (AE), Nebulas (NAS), Algorand (ALGO), Digibyte (DGB) and many more.

This multi-coin wallet app supports all the main blockchains within the Ethereum ecosystem, and works with any ERC20, ERC721 and ERC223 token. Development continues by the team to add support for more cryptocurrencies and they even encourage users to share their favourite coins to add to the Trust Wallet.

If you have any questions or are experiencing any difficulties, please contact info@bcbitcoin.co.uk and our team is available to help.

View this Guide or Download in PDF Format

Last Updated: 06.07.2020


Step 1: Install Trust Wallet

Search for the Trust Wallet on the App/PlayStore and Install the app on your device. Once the download is complete, Open the Application.

You can begin creating a new wallet by selecting Create a New Wallet.


Step 2:  Create your Wallet and Recovery Phrase

After you have selected Create a New Wallet, the Back Up of your wallet will need to be complete. Your recovery phrase will next be displayed which MUST to be noted.

An easy way to do this is to Write Out the Displayed Passphrase on a piece of paper that is offline to the internet.

Once you have recorded the information, Verify the Wallet by entering the requested passphrase words. When you have successfully entered the passphrase words, continue to complete the verification.

It is important you keep this information secure and do not share this with anyone as you risk losing your Cryptocurrency.


Step 3:  Set a Wallet Name and Pin/Biometics

To complete the setup, assign the wallet a name and Set a Passcode Pin to greater protect the device. The Trust wallet also holds the feature of enabling Biometric Authentication for quick and secure access. 

The passcode or fingerprint will be required when unlocking the wallet, sending funds and decrypting the recovery phrase. With a wallet name and passcode set, you can now add crypto-assets you wish to use your Multi-Coin Wallet to store.


Step 4:  Add/Remove Assets and Receive Address

To manage your wallets and assets, Select the ‘Trust’ symbol on the bottom left. This will take you to the Multi-coin Wallet in which you will find a few major cryptocurrencies already listed such as Ethereum (ETH) Bitcoin (BTC) and Binance Coins (BNB). To add more assets, Click on the Plus symbol in the top right and search the asset by name or symbol, marking it as active. This will add the token to your Multi-coin wallet list.

You can view a full list of compatible coins at the end of the guide.

Once you have enabled wallets for the coins you want to use, you can view the Receive Wallet Address by selecting the asset, followed by Receive. Trust will now display the Wallet Address in Text and QR Code format which can be shared.

Please take care to ensure you only send compatible assets to the correct wallet.

Your wallet address will appear like this for Ethereum:

Ethereum Address: 0xc78129783db3165e6629fdfb73b851cadf5c2cd9

Click the far-left icon to copy your wallet address in its entirety. This address is required for you to receive Cryptocurrency. The process can be repeated for each of the wallets enabled.


Step 5: Buy Cryptocurrency & Send to your Wallet

In a new tab navigate to our website and click the ‘Buy Coins’ tab whilst logged into your account or use the following link: 

https://www.bcbitcoin.co.uk/buy/

You can Register an Account by clicking the link below.

https://www.bcbitcoin.co.uk/login/?register=1

You can purchase a wide range of Digital Assets through our platform, including most Cryptocurrencies compatible with the Trust Wallet.

To place an order to Buy Cryptocurrency.

  1. Select the Cryptocurrency you would like to purchase, Payment Method and Amount you would like to spend.
  2. In the field “Your Wallet Address” provide us with the your Receive Wallet Address where you wish to receive coins (Step 4).
  3. Complete your Purchase and once you have doubled checked your order and wallet information click “Next Step” to continue and make payment.

You will receive Cryptocurrency directly to your submitted wallet.

We check all wallet addresses on the public blockchain to ensure they are valid. If you are still unsure, please email: info@bcbitcoin.co.uk or call us and we will be pleased to assist you.

Trust Wallet Overview

BC Bitcoin Rating: 

Advantages

  • Very easy to download and set up. Compatible with both Android and IOS.
  • Wide variety of Cryptocurrencies Supported including all Major Coins and Ethereum-based tokens.
  • Selective Wallets, you can choose which wallets you want enabled. Tracks asset value in real time.
  • Passcode and Biometric Authentication.
  • Staking capabilities enabled for applicable coins and tokens.
  • In-built Trust DApp Web3 browser with an integrated interface optimised for the mobile
  • Trust DApp Marketplace with vetted and optimised Decentralised Applications accessible by any with a phone.

Disadvantages

  • Not all Cryptocurrencies are available with the Trust Wallet.
  • 2-Factor Authentication not available. Without this protection the security of the wallet can be compromised with device access and passcode security.
  • Not available on desktop.
  • Unable to purchase crypto using fiat through wallet platform.

Thank you for using our wallet guide. Please check out our other content, news articles and social media below. If you have any questions, please contact info@bcbitcoin.co.uk and our team will be pleased to help you.

Additional Trust Wallet Resources
Trust Wallet Website: https://trustwallet.com/
Trust Wallet Assets: https://trustwallet.com/assets
Contact Support: https://support.trustwallet.com/hc/en-us/requests/new

BC Bitcoin Resources
Articles: https://www.bcbitcoin.co.uk/articles/
Twitter: https://twitter.com/bc_bitcoin
Buy Coins: https://www.bcbitcoin.co.uk/buy/
Register: https://www.bcbitcoin.co.uk/login/?register=1

Full List of supported Cryptocurrencies:

Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Stellar (XLM), Zcash (ZEC), Dash (DASH), TRON (TRX), Bitcoin Cash (BCH), Tezos (XTZ), Cosmos (ATOM), Ethereum Classic (ETC), GoChain (GO), POA Network (POA), VeChain (VET), Wanchain (WAN), Callisto (CLO), Kava (KAVA), ICON (ICX), TomoChain (TOMO), Zcoin (XZC), Kin (KIN), Nimiq (NIM), Thunder Token (TT), Aion (AION), Theta (THETA), Dogecoin (DOGE), Ontology (ONT), Groestlcoin (GRS), Qtum (QTUM), Viacoin (VIA), IoTeX (IOTX), Ravencoin (RVN), Zilliqa (ZIL), Waves (WAVES), Aeternity (AE), Nebulas (NAS), Decred (DCR), Algorand (ALGO), Digibyte (DGB), Nano (NANO), Harmony (ONE).

Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers responsibility to complete their own research and due diligence. BC Bitcoin will not be held responsible for any investment or transaction decisions you make based on the information provided on the website.

We use cookies to better provide our services. By using our services, you agree toour use of cookies.