The app has put plenty of work into making its user interface easy to use and accessible to all. Viktor himself has stated that ‘letting people buy cryptocurrency with a credit card or bank account is essential for crypto adoption’ and Trust Wallet has held true to his vision in this regard. The wallet’s growing popularity then caught the attention of Binance, who acquired the project (and its parent company Six Days LLC) for an undisclosed sum back in 2018.Īs with any self-respecting crypto project, much of the focus is on mass adoption through ease of use. The functionality with ERC20 standard tokens attracted thousands of early users in a short space of time. Work began on the project in 2017 and it quickly became the focus of all his efforts. Viktor began developing Trust Wallet as a means to hold the growing number of ERC20 tokens that he was acquiring through ICOs. He cut his teeth developing an app to help truckers find parking and other amenities, while at the same time diving ever deeper into the crypto waters. However, it was through Ethereum that his interest in crypto began to gather pace. Trust Wallet is the brainchild of Viktor Radchenko, a US-based Ukrainian software developer who first heard about cryptocurrencies in much the same way as most of us did: through the use of Bitcoin on the darkweb. It goes without saying that this should be written down and stored with the utmost care as a priority when going through the setup process. In the event that anything goes wrong, this can be retrieved and entered to recover access to the account. When setting up their wallet address, users are given one of these phrases to write down and store securely.

There is not yet an option for two-factor authentication.įinally, there’s the question of backup, which Trust Wallet has addressed through the use of a 12-word recovery phrase.

These can be activated through the setting function in the app. The app allows users to add extra security in the form of a pin code or fingerprint scanning.

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