Trust Wallet Review

Estimated read time 4 min read

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 fees
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.

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13Comments

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  1. 1
    Kelly Williams

    Absolutely horrific customer service. I have submitted countless emails to their support email address only to get vague responses 3-4 weeks at a time. I would not recommend doing business with trust wallet. Good luck with help. I’ve never done business with a platform that only has an email address in terms of contact info. Proceed with Trust Wallet at your own risk! I recommend taking your complaints to the BBB after leaving your review here. Looks like they are trying to flood the bad reviews from this page with recommending an alternative application. Crooks!

  2. 2
    Ian Cassie

    10 k dollars has been stolen from my wallet.

    4 layers of security.

    In the name of a RUSSIAN DEVELOPER VIKTOR RADCHENKO.

    YOU ARE A RUSSIAN/CANADIAN DUDE!??

    Viktor I hope you see this.

    I have sent your support an email, and he has helped me out in the past with your software.

    Your security layers are not russian/canadian proficient.

    Be careful what you share with the world and promise to people.

    We the people are powerful.

  3. 3
    Christine Booth

    ALL OF MY CRYPTOCURRENCY WAS STOLEN!! I NEVER GAVE OUT MY PHRASE OR INFORMATION. THIS HAPPENED TO ME ON OCT 31ST 2021. I REACHED OUT TO TRUSTWALLET AND SEND ALL SCREENSHOTS THEY WANTED. KEEP ON MIND AFTER I SEND SCREENSHOTS I DIDN’T HEARD BACK IN SEVERAL DAYS LATER. I GOT A ROBOTIC MESSAGE SAYING SORRY THEY BUSY AND REFER ME TO ARTICLES TO HELP. I SEND OVER 30 EMAILS AND STILL KEEP GETTING ROBOTIC MESSAGE. NEVER TALKED TO REAL PERSON.I WANT TO KNOW HOW WAS MY CRYPTOCURRENCY STOLEN. NOBODY EVER GOT BACK TO ME. I WANT MY MONEY OR CRYPTOCURRENCY BACK ASAP OR LEGAL ACTIONS WILL HAPPEN!!!!!!!!!

  4. 4
    Em and Ahr

    Truly disappointed. I heard such great stuff and when i get it, they make me buy Tron Tokens to make transactions. Im forced to spend $50 for Tron in order to withdraw my $185 and its sickening. How could they do this to people? Theyll squeeze you of anything and everything you got. Now i cant even withdraw my money, its horrible! I cant believe this scam. Make this right by sending me only 17 Tron Tokens please! TUufEKTSV88EbyVpjHwt2cyEM8a5tz3o56

  5. 5
    Mr G

    not entirely sure how they would simply allow funds to be transferred without simple 2FA, or the face/finger print you currently use to log into to the app. only just loaded the account, linked it to pancake to swap some coins the whole wallet was emptied in under 24 hours … dumb !!! thanks for actively helping thieves around the world and for giving crypto a bad rep. honestly feel violated and wasted $$ lazy platform they should not operate this way. how can you allow funds to simply leave your account with no verification at all !!

  6. 6
    Emmanuel Godwin

    WHAT IS GOING ON TRUST WALLET
    WHY IS THIS HAPPENING RIGHT NOW THAT I NEED TO MAKE HEAVY TRANSFERS TO ACQUIRE MORE COIN INTO MY WALLETS

    I just discovered today that my Trust Wallet Account/Wallet Addresses are all the same,
    They are all link to one specific address,
    Which makes all the money and coin i have been transferring today is not delivering into my Trust Wallet Account but it is going to this mysterious address instead.

    i already lost so much already.

    All the funds i keep transferring is no longer reflecting on my wallet.

    FIX THIS TRUST WALLET
    I NEED HELP.

  7. 7
    Dee

    Deposited funds into Trust Wallet (Terra, Luna). Funds zeroed and, and Trust Wallet is entirely non-responsive to my inquiries on what transpired. At least 6 follow-ups within 2-3 weeks; once they closed out the ticket (w/no response); thereafter, entirely non-responsive.

  8. 8
    gator tazz

    Trust wallet uses ramp for payment. I only wanted to buy 6,200. And ramp wanted me to verify. All documents they want I sent. When contacting their ramp support they take forever to get back with you and treat you like crap and then tell you it will be 24 hours before they can assist you. Nope not me I’ll just use another wallet. Get a different partner trust wallet. All my colleagues and friend are switching to coinbase wallet now.

  9. 9
    KVDK

    All my funds are gone. No one else had access to my account password or phrase and yet it’s all gone. No reply from their customer service. If you would like to send donations to them, then sure set up an account

  10. 10
    dawid coetzee

    This wallet service is a complete scam. If you want to loose all your money, use trust wallet. I have lost $40k+ w these clowns and no support. Empty wallet, no records even left of what I had before it all disappeared Keeps giving error codes now when Entering the correct phrase, exactly same as before, no mistakes, spelling errors or spaces.

  11. 11
    Pemaa Tsheringg

    I lost 2,328,119.07 SHIB on 7 Sep 2022.
    Someone transferred my SHIB without my consent to below address. Then name is only Trust which have zero support and trust. I would have given negative star if there is. **it this Trustwallet. Whoever coming in the line don’t used and invest on this app..

    0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce

  12. 12
    K Bulgakov

    One of my wallets was compromised. They took my funds 1 minute after buying on Pancakeswap and seconds before sending them to a safe wallet. Came to the conclusion that probably I had buy some scam coin and someone had access to that specific wallet.

    Why the 1 star? Because they haven’t the option to ask for an SMS and authenticator before sending away funds! WHY? Why does binance have that extra safety and “trust” wallet doesn’t?

    Maybe cause you work together with hackers and scammers and steal people’s funds.

    I followed the wallet that stole my funds, they move about 10 bnb every 8-10 hours. Think about that. They make 1 bnb per hour. And that’s from only 1 wallet and one person. God knows how many people lose their money because trust wallets decides that it’s OK for anyone to get access to your wallet.

  13. 13
    Sebastian Kristoffersen

    scammer site beware there so much crap its as bad as their support. stay away if you don’t want to lose your money

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