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Trust Wallet FAQs: Mastering the Basics of Your Blockchain Wallet
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Explore Trust Wallet with our comprehensive FAQ guide. Learn installation, fund management, token swaps, and more to enhance your crypto experience.
Having a reliable and user-friendly crypto wallet, like Trust Wallet, is important for securely managing your digital assets. With its intuitive interface, robust security features, and support for a vast array of cryptocurrencies and tokens, Trust Wallet empowers users to take control of their financial future.
Whether you’re looking to buy, sell, or swap digital currencies, Trust Wallet provides all the tools you need in one convenient app. This article serves as your Trust FAQ guide, addressing common questions and showing you how to use Trust Wallet.
Before You Get Started
Remember that you can use Trust Wallet as your secure crypto wallet. Buy, sell, and swap crypto all in one place.
Trust Wallet also lets you manage and interact with 10M+ crypto assets across 100+ blockchains. Download the latest version of Trust Wallet today.
Getting Started with Trust Wallet
How Do I Install Trust Wallet?
Trust Wallet is available as a mobile app for both iOS and Android devices. Visit the App Store (iOS) or Google Play Store (Android) and search for "Trust Wallet". Alternatively, Download and install the app.
Once you have the app installed, you can create a new wallet by following these simple steps:
Choose "Create a New Wallet" and review the Terms of Service and Privacy Policy.
Set a 6-digit password as your security code to access your wallet.
Back up your wallet by writing down the 12-word recovery phrase displayed on the screen. This phrase is crucial for restoring your wallet in case of loss or theft.
Confirm your recovery phrase by selecting each word in the correct order.
I'm A Trust Wallet Extension User. How Do I Use The Same Wallet In Trust Wallet Mobile App?
To use your existing wallet in the Trust Wallet mobile app, simply import your wallet using your recovery phrase (seed phrase). This 12-word phrase serves as a universal backup solution to recover your funds across different devices.
How Do I Get Funds (Digital Currency) Into Trust Wallet?
To add funds to Trust Wallet, you can either receive crypto from another wallet/exchange or buy directly in the app. Here’s how:
Receive Crypto:
Open the app and select the token you want to receive (e.g. Bitcoin, Ethereum).
Tap "Receive" and copy your wallet’s public address or scan the QR code.
Share this address with the sender, and wait for the transaction to appear in your wallet.
Buy Crypto:
Open Trust Wallet and select the "Buy" option.
Choose the asset you want to purchase and follow the steps to complete the transaction using a linked payment method.
How Do I Send ETH And Tokens?
To send ETH or other tokens from Trust Wallet:
Open Trust Wallet and tap "Send."
Choose the token you would like to send.
Enter the recipient’s public address or scan their QR code.
Input the amount you wish to send.
Confirm the details and set the appropriate network fee.
Tap "Send," and the transaction will be broadcast to the blockchain. You’ll be able to track its status in the app.
How Do I Transfer My Existing Tokens To Trust Wallet?
To move your digital assets from another wallet or exchange to Trust Wallet:
Open the wallet or exchange where your tokens are currently stored.
Copy your Trust Wallet public address for the token you want to transfer.
To find this, open Trust Wallet, select the token, and tap "Receive."
In your existing wallet/exchange, initiate a transfer and paste your Trust Wallet address as the recipient.
Confirm the transaction, and your tokens will appear in Trust Wallet once the transaction is processed on the blockchain.
Manage My Digital Assets
Which Tokens Does Trust Wallet Support?
Trust Wallet supports a wide range of cryptocurrencies and tokens across multiple blockchains. In total, Trust Wallet supports over 10 million assets across 100+ blockchains. You can explore new tokens or add custom tokens that may not be displayed by default by entering the token’s contract address.
Does Trust Wallet Support NFTs?
Yes, Trust Wallet supports NFTs (Non-Fungible Tokens). You can manage 600M+ NFTs across multiple networks directly in the app. To view your NFTs, simply open the app and go to the "NFTs" section.
Can I Exchange My Tokens?
Yes, Trust Wallet includes a built-in decentralized exchange (DEX) feature that enables you to swap one token for another. Here’s how you can swap crypto using Trust Wallet, via our trusted partners. In this example, we will use Solana and BODEN:
Select “Swap” from the Trust Wallet home screen.
Ensure Solana is selected in the “From” network field, and choose SOL as your token.
Ensure Solana is selected in the “To” network field, and choose BODEN as your token.
Enter the amount of SOL you would like to swap.
Select “Continue” and complete the remaining steps.
Can I Use A Hard Wallet With Trust Wallet?
Yes, you can use a hard wallet, specifically a Ledger hardware wallet, with Trust Wallet. Trust Wallet has integrated support for Ledger devices through the Trust Wallet browser extension.
Payments
What Is My Public Address?
Your public address is a unique identifier on the blockchain that enables others to send cryptocurrencies to your wallet. To find your public address for each supported token in Trust Wallet:
Open the app and select the token you want to receive.
Tap "Receive."
Choose the token you want to receive.
You’ll see a QR code and a string of characters – this is your public address. You can either copy the address or share the QR code.
How To Deposit / Receive / Send?
To receive/deposit crypto, share your public address with the sender. To send funds, follow the steps below:
Open Trust Wallet and tap "Send."
Choose the token you would like to send.
Enter the recipient’s public address or scan their QR code.
Input the amount you wish to send.
Confirm the details and set the appropriate network fee.
Tap "Send," and the transaction will be broadcast to the blockchain. You’ll be able to track its status in the app.
Swaps
How do I swap Tokens On Trust Wallet?
Swapping tokens on Trust Wallet is quick and easy, thanks to the built-in decentralized exchange (DEX) feature. Here’s how to use Trust Wallet swaps: In this example, we’ll swap SOL for BODEN.
Select “Swap” from the Trust Wallet home screen.
Ensure Solana is selected in the “From” network field, and choose SOL as your token.
Ensure Solana is selected in the “To” network field, and choose BODEN as your token.
Enter the amount of SOL you would like to swap.
Select “Continue” and complete the remaining steps.
Why Can't I Find A Token On Trust Wallet Swaps?
Trust Wallet swaps rely on decentralized exchanges (DEXs) to aggregate liquidity. If you can't find a specific token in the swap feature, it’s likely because the token lacks sufficient liquidity on these DEXs.
Low liquidity means there aren’t enough buyers or sellers for that token, which makes it unavailable for swapping. Additionally, the token might be new or not listed on the DEX.
What Is Slippage?
Slippage refers to the difference between the expected price of a trade and the price at which the trade is executed. It can occur due to market volatility or insufficient liquidity. You can adjust the slippage tolerance in the swap settings to minimize the impact of slippage
Does Trust Wallet Charge A Fee On Swaps?
Trust Wallet does not charge any additional fees for swapping tokens within the app. Users, however, are required to pay the network fee (also known as gas fees) associated with the blockchain network being used for the swap transaction. These network fees are paid to the validators or miners who process transactions on the blockchain. The gas fees vary based on the blockchain's current traffic and network congestion, but Trust Wallet itself does not take any extra fees for facilitating the swap.
Remember, Trust Wallet is a non-custodial wallet, which means you are responsible for securing your recovery phrase and private keys. Always keep them safe and never share them with anyone.
Closing Thoughts
Trust Wallet is a powerful, user-friendly wallet that gives you full control over your digital assets. Whether you're just getting started with cryptocurrencies or looking to manage a diverse portfolio, Trust Wallet provides an intuitive platform for storing, sending, receiving, and swapping tokens. Its support for a wide range of assets, including NFTs, makes it an ideal choice for users looking to manage their holdings in one place.
By following the steps outlined in this Trust FAQ, you can confidently navigate the key features of Trust Wallet, from setting up your account to managing and swapping tokens securely.
Disclaimer: Content is for informational purposes and not investment advice. Web3 and crypto come with risk. Please do your own research with respect to interacting with any Web3 applications or crypto assets. View our terms of service.
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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.