Trust Wallet Extension is a self-custodial wallet for your digital assets, which means Trust Wallet doesn't keep any of your private keys. The wallet utilizes hot storage to keep your assets. With the hot storage, users can connect the wallet to the internet and likely experience invasion. Trust Wallet keeps safety simple by encouraging users to transact their assets to cold storage in a different device. Trust Wallet is compatible with Trezor to provide users' assets more safety. With these, users can keep their assets offline, away from online threats. With the Trust Wallet Extension, you are responsible for securing your crypto assets. If the device you select to keep your assets is secure, your assets will remain secure too.

The aesthetically pleasing design of Trust Wallet Extension makes new crypto traders feel less frightened by digital assets. Its simple layout lets users access, handle, and hold about 291 virtual currencies from within the wallet. The wallet is free and doesn't take additional fees for receiving or transacting assets, except the network fees. Also, you must pay a small fee for utilizing the in-built wallet exchange. 

Also, the users can access different dApps (decentralized applications) and NFT (non-fungible token) collections on the Trust Wallet Extension via its recently introduced browser extension. Trust Wallet supports Soalana, Ethereum, Algorand, BSC, and other blockchains. Hence, you can connect your dApps to the supported networks and gather NFTs in your wallet. Trust Wallet is one of the few crypto wallets with an in-built NFT marketplace, available only after downloading the application from within the wallet. 

The wallet also provides a striking feature for those seeking to generate passive income from their desired assets. Trust Wallet Extension supports staking for Algorand (ALGO), Tezos (XTZ), Cosmos (ATOM), Solana (SOL), Cardano (ADA), Vethor (VTHO), Ontology (ONT) & Ontology Gas (ONG), and VeChain (VET). The APY Trust Wallet pay as staking rewards is inconsistent, and you can track them in the wallet. If you do not wish to stake, use DeFi (decentralized finance) protocol Compound Finance via Trust Wallet to lend your ETH to the pool to earn interest.

Trust Wallet Extension Security

Trust Wallet Extension is a self-custody crypto wallet, which means it doesn't gather users' data about the wallet. Rather, it stores the data on the user's devices. With the capability to sign in with the 12-word seed phrase and a password, you always have a hold over your crypto assets. Also, the wallet has consolidated safety features like Touch ID and Face ID. Furthermore, Trust Wallet launches software updates regularly for extra wallet-specific exploits.

Although Trust Wallet Extension doesn't provide 2-FA (two-factor authentication), it supports Trezor hardware wallets for offline storage of assets. The safety of Trezor, integrated with the simple features and functionalities of the wallet, provides users with safety. 

Trust Wallet Privacy and Anonymity

Trust Wallet doesn't have KYC needs. Hence, you do not have to provide sensitive data to download or use the wallet. All of your crypto transactions are anonymous with Trust Wallet.

However, Trust Wallet doesn't provide on-chain anonymity since monitoring transactions performed with Trust Wallet on the blockchain scanner is simple. It's not CoinJoin-enabled, which means the wallet can't merge different crypto transactions in one transaction, making it challenging to find out the identity of the receiver or senders.

Trust Wallet Extension

The Trust Wallet Extension features a streamlined user interface that is user-friendly and simple to navigate. The dashboard displays all the crypto assets kept in the wallet. Also, it shows different other portfolio metrics, such as 24-hour change, worst and best 24-hour assets, highest balance, portfolio age, and more. You can also transact, receive, or swap a huge range of assets directly in the desktop wallet.

Trust Wallet Mobile App 

The mobile version of the wallet has similar services and functionalities as the desktop wallet, making it the best option for users seeking to handle their assets on the go. It is accessible for both mobile operating systems, Android and iOS. Trust Wallet App also provides an option to sync smartphone and desktop wallets must a user wish to utilize both versions. For more safety, you can enable biometrics such as fingerprint or face scanning to prevent unauthorized access to the app. 

• To start, you should download the Trust Wallet Extension on your Chrome browser.

• Also, you can install the Trust Wallet mobile app on your iPhone or Android device.  

• After completing the installation, you will enter the Trust Wallet web app. 

• Then, you should secure your wallet, which is not part of the installation process. To do this, navigate and hit the Gear symbol to bring up the settings option.

• On the next page, choose the backup or security option to develop a password. You should create a hard-to-break password to save your assets. 

• After this, Trust Wallet will provide a custom mnemonic phrase sequential from 1 to 12. You must hover your cursor to show every phrase. Remember this secret phrase is vital because you will require it to access the wallet if you lose access to the wallet or reinstall the wallet on a different device. 

• You should store the secret recovery phrase or private key with best safety practices, as you can't recover it if you lose the phrase or forget it.  

• For the final step, you must verify your mnemonic phrase. Trust Wallet will randomly request the words. After submitting the words, tap the Confirm tab.

• That's it; your Trust Wallet Extension is ready for crypto transactions, store assets, and connect to dApps. 

You can try the following tips with a block explorer if the assets you have sent don't reach the designation address.

Ensure the Destination Address is Correct

To check if your destination address is correct, you must compare the address to which you have sent the assets and the destination address in the transaction ID. In this example, we use BTC block explorer, Mempool.space. 

• Scroll down the Mempool screen until you see the Inputs & Outputs tab. 

• On the left-hand side is the Sender or the Inputs; here, you check the address from which you have sent the assets. 

• On the right side are the Receivers or the Outputs; here, you can match the destination address on which you wish to transfer assets is correct. 

Check the Transaction Confirmation

It's essential to check the number of confirmations your transaction has. For this, open up the transaction. 

When a blockchain confirms a transaction, you see the confirmation in green. This shows that the network has verified the transaction. You will see a red Unconfirmed sign if the blockchain hasn't confirmed the transaction.

Sometimes, some asset pairs are inaccessible to exchange in Trust Wallet. This means exchanging one particular asset for another isn't possible, although both assets are accessible to swap with other crypto assets.

The reason is: Trust Wallet utilizes different third-party API providers to cover the huge, huge range of crypto assets. However, not every asset is accessible all the time. If a crypto pair becomes inaccessible, the Trust Wallet team tries to solve this as soon as possible.

The intuitive user interface, easy navigation, and best customer support make Trust Wallet Extension a great hot wallet, particularly for new users. The staking options for various digital assets and support for NFTs and dApps make it attractive among pro and new crypto investors. The built-in exchange of the wallet makes it more convenient, letting users quickly swap their assets without using a centralized exchange.