First of all i want to say this class was amazing from @yousafharoonkhan and so now lets get into the assignment proper.

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1.)What is a Trust Wallet? How to find and install it from google play store to mobile phone? How to create a new wallet on trust wallet? Explain the details of each step with the help of screenshot.

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A wallet is a place where tokens are kept . It is a decentralized storage place. There are different types
Of wallets like safepal , met mask , and trust wallet. Today we will be talking about trust wallet .

Trust wallet is one of the biggest in fact is the biggest and most popular wallet used in the crypto space . It was created in 2017 but was immediately taken over by binance who decided to make it their official decentralized wallet.

Some of its important features

1. decentralization: it is not controlled by anyone
2. A wide range of tokens can be traded on it
3. Like other wallets it doesn’t need KYC or any form of identification for registration. it only requires you keeping your seed phrases safe to protect and access your accounts comfortably
4. It permits the use of decentralized exchanges(DEX) on it like tatswap , uniswap , etc
5. One can actually have different wallets in a trust wallet ie different accounts in a trust wallet where he can store different tokens

How to find Trust wallet and install it from google play store to mobile phone?

1.click on your playstore

2.In the search box, type in trust wallet

3.its always the first app to show, then you click install. I already downloaded mine so its left for me to update it now

How to create a new wallet on trust wallet?

1.when you open your newly downloaded trust wallet, you will see a place where you are asked to either create new wallet or if you already have a wallet but we are creating now one n0ow so you click create new wallet

2.Accept the conditions and terms and continue

3.You are given a seed phrase you should store and keep. This is because once its compromised , your account is at risk of being hacked

4.You are expected to key in those seed phrases and your account is set to go

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2).What is Binance Smart Chain (BSC)? How to add its extension application in google chrome? How to create a new wallet on BSC? Explain the details of each step with the help of screenshot.

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First of all when talking about bsc we are talking about a blockchain network . The first blockchain network was the Ethereum own and had all tokens and transactions been ran on it until it’s problems become a stumbling block . It had high transaction fees , scalability wasn’t really great and wasn’t as fast as people wanted . It led to the team working with the biggest exchange in the world ,binance to work towards creating their own network which is the BINANCE SMART CHAIN . A network created to solve lots of problems that came with the Ethereum network . It has grown popular over the years due to the fact the Ethereum network has become over bearing to people. It was created to work on Ethereum based applications like metamask cause it was created with an EVM( Ethereum virtual machine) . It works with a DPOS and POA consensus mechanism which maintain its security . The smart chain since it used POS system it has DPOS system , it has delegators which are 21 in number and these delegators are chosen weekly for the purpose of validating the blocks forged . These delegators are chosen from stakers on the network

Different exchanges between binance smart chain and Ethereum network

DIFFERENCE BETWEEN BINANCE SMART CHAIN AND ETHERUM

Binance smart chain	Ethereum
Low transaction fees and gas fees	High transaction fees and gas fees
High scalability	Low scalability
Takes shorter time to form new blocks(3secs)	Takes longer time to form new blocks (4sec)

How to add its extension application in google chrome?

This is actually an easy operation,
1.first of all go the page, binance

2.Scroll down to where you see chrome and click on it

3.A drop down box appears and ask you if you wish to add the extension and you click add extension

4.A file is downloaded and the page shows a checking sign and once its done validating it, the extension is added with the sign seen at the top left part of he browser. Once you see the sign, you know the extension has been added.

How to create a new wallet on BSC?

1.Click on the extension sign on chrome and a drop down box shows where there are two options, use existing wallet or create new wallet. click on create new wallet.

2.Put in a strong password and confirm it

3.You will be given some seed phrase which is advisable to keep this copied out and stored somewhere cause its the golden access to one's account.

4.you will be taken to a page where some of those words are picked at random and you are asked to verify them. In my own case, its numbers 5,10, 11

5.When you fill it in , your account will come up and you are good to go. Your account has been created then.

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3)How to deposit any BNB (BEP20 )coin from the Binance Exchange to Trust Wallet or Binance Smart chain? How to link the Trust wallet to the binance smart chain? Explain the details of each step with the help of screenshot.( transaction should be confirmed)

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In this question I would guide how to deposit from our binance account to our trust wallet
1.open your trust wallet app, and click on the smart chain seen there

2.Click on receive

3.Click on copy to copy the address

4.Then move to your binance account, to the wallet session and find bnb

5.click on the bnb and you are taken to a new section where you click on withdrawal

6.then fill in the details, me i want to withdraw the whole bnb so I will click max. The contract address i will be using through out this assignment is -0xAcB2ada4943145068677A6127C44c2FA329aF802

7.You click withdraw and after going through some verification process involving your email, you will be shown a successful withdrawal notification.

8.After some few minutes, the transaction was confirmed

How to link the Trust wallet to the binance smart chain? Explain the details of each step with the help of screenshot

To do this one has to import his seed phrase used in creating the binance smart chain initially. so lets go through the steps 1 by 1
1.Open your trust wallet and click on I already have a wallet

2.Then accept the terms and services and click on smart chain since that is the wallet we are importing here

3.Key in your seed phrases accordingly and you will get a notifcation showing that your wallet has been successfullly imported