Creating and Using a Wallet with Trust Wallet

Trust Wallet is a widely-used cryptocurrency wallet that supports a broad range of digital assets and allows users to interact with decentralized applications (dApps) across various blockchain networks. This guide will walk you through creating a Trust Wallet, adding popular networks, receiving and sending cryptocurrencies, and using Trust Wallet on both mobile devices.

Creating a Trust Wallet

Step 1: Install Trust Wallet

• Mobile App:

  • Download the Trust Wallet app from the Apple App Store or Google Play Store.

Step 2: Set Up Your Wallet

• Create a New Wallet:

  • Open the Trust Wallet app and tap on "Create a New Wallet."

  • You will be prompted to create a strong password. This password will be used to access your Trust Wallet app.

• Backup Your Recovery Phrase:

  • Trust Wallet will provide you with a 12-word recovery phrase. This phrase is essential for recovering your wallet if you forget your password or need to restore it on another device.

  • Write down the recovery phrase on paper and store it in a secure place. Do not store it digitally or share it with anyone.

Step 3: Confirm Recovery Phrase

• Trust Wallet will ask you to confirm your recovery phrase by selecting the words in the correct order. This step ensures you have correctly recorded your recovery phrase.

Step 4: Complete Setup

• Once confirmed, your Trust Wallet is ready to use. You can now manage your cryptocurrencies and interact with dApps.

Adding the Most Commonly Used Networks

Trust Wallet supports multiple blockchain networks. By default, it is configured for several popular networks. To add or switch networks, follow these steps:

Step 1: Open Trust Wallet

• Open the Trust Wallet app on your mobile device.

Step 2: Access Network Settings

• Add New Network:

  • Trust Wallet automatically detects and supports a wide range of networks. To add a new network manually, tap on the “Settings” gear icon.

  • Go to “Networks” and select “Add Custom Network” if the network you want is not automatically listed.

Step 3: Add Network Information

For each network, you’ll need the following details:

• Network Name

• RPC URL

• Chain ID

• Currency Symbol (optional)

• Block Explorer URL (optional)

Here are details for three commonly used networks:

• Binance Smart Chain (BSC)

  • Network Name: Binance Smart Chain

  • RPC URL: https://bsc-dataseed.binance.org/

  • Chain ID: 56

  • Currency Symbol: BNB

  • Block Explorer URL: https://bscscan.com
• Polygon (MATIC)

  • Network Name: Polygon

  • RPC URL: https://rpc-mainnet.maticvigil.com/

  • Chain ID: 137

  • Currency Symbol: MATIC

  • Block Explorer URL: https://polygonscan.com
• Avalanche C-Chain

  • Network Name: Avalanche Network

  • RPC URL: https://api.avax.network/ext/bc/C/rpc

  • Chain ID: 43114

  • Currency Symbol: AVAX

  • Block Explorer URL: https://snowtrace.io

Step 4: Save Network

• Tap "Save" or "Add" to complete the process. The new network will now be available in your Trust Wallet.

Receiving and Sending Cryptocurrencies

Receiving Cryptocurrencies

• Find Your Wallet Address:

  • Open Trust Wallet and select the cryptocurrency you want to receive.

  • Tap on "Receive" to view your wallet address. You can copy the address or use the QR code for receiving funds.

• Share Your Address:

  • Share the address with the sender to receive cryptocurrency. Ensure you provide the address for the correct network.

Sending Cryptocurrencies

• Initiate a Transaction:

  • Tap on "Send" for the cryptocurrency you want to send.

  • Enter the recipient's address and the amount of cryptocurrency you wish to send.

  • Verify the transaction details, including the network fees.

• Confirm and Submit:

  • Review the transaction details and tap "Confirm" to submit the transaction.

  • You may need to authorize the transaction by entering your password or using biometric authentication (fingerprint or face recognition).

Using Trust Wallet on Mobile

Navigating the App:

• Wallet Interface:

  • Use the main wallet interface to view your assets, transaction history, and interact with dApps.

  • Access different sections via the bottom navigation bar, including the wallet, dApps browser, and settings.

• dApps Integration:

  • Trust Wallet includes a built-in dApp browser, allowing you to interact with decentralized applications directly from the app.

  • Browse and use dApps such as decentralized exchanges, NFT marketplaces, and DeFi platforms.

• Security:

  • Enable biometric login (fingerprint or face recognition) for added security.

  • Regularly back up your recovery phrase and keep your app updated to ensure security.

Conclusion

Trust Wallet offers a versatile and secure way to manage your cryptocurrencies and interact with blockchain networks. By following this guide, you can create a Trust Wallet, add popular networks, manage transactions, and use the app effectively on mobile devices. Always prioritize security best practices and keep your recovery phrase safe to protect your digital assets.