Trust Wallet is a digital wallet designed for storing cryptocurrencies securely. It operates in a way that ensures only you have access to your assets, making it a highly secure storage solution for crypto.
While there are countless crypto wallets available, TrustWallet stands out as one of the most popular choices. With over 25 million users, compatibility with multiple blockchains, and support for over 1 million assets (including NFTs and cryptocurrencies), it’s a versatile option for both beginners and experienced users.
Additionally, Trust Wallet offers exciting features like staking and built-in exchange trading. Following the shocking collapse of FTX, more people are considering self-custody solutions like Trust Wallet. But is it truly the best option? In this Trust Wallet review, we’ll explore its pros and cons in detail.
Why Choose Trust Wallet Norway?
| Feature | Details |
|---|---|
| Launched | 2017 |
| Wallet Type | Software Wallet |
| Custody | Non-Custodial |
| Supported Assets | Over 4.5M cryptocurrencies & NFTs across 70+ blockchains |
| Mobile App | Yes |
| Users | Over 70M |
| Key Features | Exchange trading, staking, swapping, Web3 compatibility |
👉 Discover Trust Wallet’s top features
Background Information
Trust Wallet was launched in 2017 by Viktor Radchenko and later acquired by Binance in 2018. It’s known for its non-custodial approach—meaning users retain full control of their private keys.
Key Advantages:
- Supports 70+ blockchains and 4.5M+ assets.
- Offers staking and in-app trading.
- Available on mobile and desktop (via Chrome extension).
- Integrated with Web3 applications (dApps, DeFi platforms).
- Trusted by 70M+ users worldwide.
How to Store Crypto in Trust Wallet
Step 1: Create an Account
- Download Trust Wallet (mobile or desktop).
- Click "Create a New Wallet."
- Backup your 12-word recovery phrase securely.
- Confirm the phrase to activate your wallet.
Step 2: Connect to Platforms
- Link Trust Wallet to dApps or exchanges by selecting "Connect Wallet" on supported platforms.
Step 3: Send/Receive Crypto
- Send: Enter the recipient’s address and confirm the transaction.
- Receive: Share your wallet’s QR code or address.
Trust Wallet Features
- Multi-Chain Support: Compatible with Ethereum, BSC, Solana, and more.
- Staking: Earn passive income by staking assets like BNB, ATOM, or ALGO.
- Built-in Exchange: Swap tokens directly within the app.
- NFT Storage: Supports NFTs across multiple blockchains.
- Price Tracking: View real-time charts for supported assets.
👉 Explore crypto staking opportunities
Design & Usability
- Intuitive interface for beginners and pros.
- Identical experience on mobile and desktop.
- Drawback: Withdrawals require transferring crypto to an exchange first.
Security
- Non-custodial: Users control their keys.
- Phishing Risks: Beware of scams—never share your recovery phrase.
- No Recovery Option: Lost phrases = permanent access loss.
- Hardware Alternative: Consider cold wallets (e.g., Ledger) for maximum security.
Trust Wallet vs Competitors
| Feature | Trust Wallet | MetaMask | OKX Wallet |
|---|---|---|---|
| Blockchains | 70+ | Ethereum-only | 500+ pairs |
| Staking | Yes | No | Yes |
| NFT Support | Yes | Yes | Limited |
| Recovery Option | No | No | Yes |
Final Verdict: Should You Use Trust Wallet Norway?
✅ Pros:
- Multi-chain support.
- User-friendly.
- Staking and Web3 features.
❌ Cons:
- High fees for swaps.
- No customer support.
- Phishing risks.
For beginners: Trust Wallet is a solid choice, but OKX Wallet offers better recovery options and lower fees.
FAQs
1. Is Trust Wallet free?
Yes, but third-party fees apply for trades/swaps.
2. Can I recover my Trust Wallet if I lose my phrase?
No—backup your recovery phrase securely.
3. Does Trust Wallet support NFTs?
Yes, across multiple blockchains.
4. Is Trust Wallet safe?
Generally yes, but remain vigilant against scams.
5. Can I use Trust Wallet on my PC?
Yes, via the Chrome extension (no native Windows app).