Trust Wallet - Fast and secure wallet that’s easy to use (Wallet Review)

in utopian-io •  5 years ago 

I believe that this DApp that I'm reviewing is a fantastic one. It's really nice spreading the word about how useful this DApp can be for you.

Everyday, more and more people are getting involved in blockchain technology. Blockchain technology has solved so many of the problems affecting businesses, such as speed, openness, reliability and so on. With blockchain technology you can transfer funds between distant places in seconds, and the records are kept in the open, for everyone to see.

You and I can see that the crypto world is growing everyday. But to be honest with you, I think that it's growth could have been far more than this, if not for some fears that people have about the security of their funds.

And that's why I'm doing this review, to eliminate those fears, and help more people come into this fantastic world of crypto. I want you to know that there's an amazing wallet that you can put your funds and be confident that it is secured. I'm going to tell you about a wallet that you can trust, and it's called trustwallet


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What is trustwallet?

Trust Wallet is a decentralized Application (DApp). That is to say that as a user, you have exclusive access to your wallet. There's no centralized control system. You and you alone have access to your funds.

You can store different cryptocurrencies in your trustwallet, from BTC, to ETH, to CLO, to POA and many more. You can also store tokens as well. Trustwallet also has web3 browser, with which you can actually interact with a DApp.

With the trustwallet, you can also trade in DEX directly from your wallet. That's just amazing right? Trustwallet is on StateOfTheDApps. This fantastic wallet has really helped in reducing the difficulty of managing many cryptocurrencies.


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How to get started


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  • As you can see above, you may choose to download trustwallet on App Store or Google Play.

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  • You should then click on 'create a new wallet'

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  • Next, you'd be required to back up your wallet. You will be shown 12 words that allows you to recover your wallet. Note - you should not upload the words online nor share them with anyone and make sure you store them safely.

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  • After seeing the 12 words, you should tap the words next to each other in the correct order.

  • If you've done all that, then congratulations! You have successfully created your trustwallet.


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Components of this DApp

  • For so long, it has been quite an issue interacting with DApps. Perhaps, you have also been sharing this general inconvenience, in which case you would have to install an extension or a plugin. An example of a popular plugin is Metamask. You probably have seen this before; when you want to interact with some DApps - you are first instructed to download a metamask.

Trustwallet has a web3 browser. Hence, you can interact directly with a DApp from your wallet. Therefore, eliminating the troubles of having to download a plugin first.


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  • Trustwallet is a multi-coin wallet, that allows you to store several cryptocurrencies. For example, you can store BTC, ETH, POA, CLO, VET, GO and so many other currencies in your trustwallet. This is an amazing component, as it helps you manage your funds from your wallet easily.

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  • Trust Wallet has a Decentralized Exchange (DEX). With trustwallet, you can seamlessly work with Binance DEX, hence allowing you to make instant trades on the decentralized exchange directly from your device.

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Things I like about this DApp

  • I like the fact that trustwallet is very secured. Your private key is stored locally. No one else but you have exclusive access to your wallet. This wallet was built such that there are many layers of security. This is to make sure that your funds are safe. Hence, you can put your funds and your trust in trustwallet.

  • I also like the fact that trustwallet is a multi-coin wallet. Hence, you can manage your different cryptocurrencies easily using this wallet.

  • Another thing I like about this incredible DApp is the Decentralized Exchange component. Traders will definitely love this component, because it makes trading a lot easier. I think that this a wonderful component of this DApp.

  • Web3 browser is another amazing thing I like about this DApp. It helps cut off the troubles of having to download a plugin or extension, in order to use a DApp. With this component of trustwallet, I think that it will encourage a lot more people to interact with a lot more DApps. Which can lead to the increase in the numbers of people getting involved in blockchain technology.

Conclusion

With trustwallet, you can be confident that your funds are safe. The ease of using this DApp is completely amazing. The different components of trustwallet makes this DApp exceptionally fantastic. It's a multi-coin wallet, that has a web3 browser and a decentralized exchange (DEX) for instant trades. It goes without a doubt that trustwallet is an incredible wallet.

It's been an absolute pleasure reviewing this DApp. If you have any questions, feel free to comment below. I would be giving this incredible DApp, a rating of 4.9 stars out of 5. Till the next time I come your way - stay fantastic!!!

Project Github Repository: https://github.com/TrustWallet/wallet-core
My Github Repository: https://github.com/humor0404

Disclaimer: The content of this article is not meant to serve as financial advice, please do your own research

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Thank you for the contribution. This seems like another cool project to explore. However, it appears the repository used isn’t the main repo for the Android version. The repository for the Android version has gotten no update in nine months. According to Utopian guidelines: Contributions to repositories that have not received any program code updates for longer than 6 months, will not be eligible for potential reward.


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[utopian-moderator]

Thanks for coming around @tykee. I hope that you are having a wonderful day. I appreciate the work you're doing, it's amazing!

I would really be glad if you can reconsider my article. I understand that the Android version of this project hasn't been updated over 9 months. But with other projects, it's usually the same - not all of the repositories could be up to date. For example my previous article on imTokens had this repository

Screenshot_20190623-104951.png

Not all the 52 repositories listed there were up to date.

I am kindly appealing to you to reconsider. Do have a fantastic day!