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Trust Wallet

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review of a decentralized cryptocurrency assets wallet

Trust Wallet is an application with which you can store and transfer cryptocurrency from your smartphone. The purse was purchased by Binance in July 2018 and is now the official application for working with the assets of the famous stock exchange.

In addition, Trust Wallet is supported by many crypto-projects and their digital assets. When downloading in the AppStore and Google Play , a rating of 4.7 out of five possible stars is displayed, so Trust is rightfully one of the most popular and sought-after applications in the category of cryptocurrency wallets .

Trust Wallet is a secure, decentralized and anonymous application that supports Ethereum and more than 20,000 different ERC-20, ERC-223 and ERC-721 tokens .

In Trust, you can also work with cryptocurrencies of other well-known blockchains such as Bitcoin, Litecoin, DASH, Tron and others. The program was launched in November 2017 and became popular among users due to its extensive functionality and multi-currency.

To register with Trust Wallet, you need to go through the traditional procedure for such applications: enter an email address, create a password, enter a 12-word seed phrase, which will help restore access to the application in critical cases. We remind you that the seed phrase must be kept out of the reach of other places.

Trust Wallet, as mentioned earlier, has a simple intuitive functionality. In the section Wallet – Tokens presents the user's assets and those assets that the user would like to follow.

You can add Bitcoin, Lightcoin, Live, as well as Dach, Ethereum Classic, ICON, Zcash, Zcoin, Bitcoin Cash, POA Network, Tron, VeChain, VeThor, Calisto, TomomChain, GoChain, and WeChain coins to the tracking panel. Accordingly, all coins can be sent and received using the address and QR-code.

In the section Wallet – Collectibles presents the coins that the user needs to work in decentralized applications: games, social networks, gambling programs and others.

Tokens of decentralized applications can be added from the DApps section. It presents projects that support Trust Wallet. All programs are divided into the following categories: new dApps, popular, exchangers , games, marketplays, social networks, utility applications.

The necessary applications for the user can also be found via the Google search bar or DuckDuckGo (you can select one of the browsers through the Settings section).

In the Settings section of the crypto-wallet Trust, you can configure application configurations. So, initially, when registering and creating an account, the program on the smartphone is not password protected. Therefore, if confidentiality is important to the user, then you can create a six-digit password.

Optionally, you can enable alerts for transactions and coins, choose fiat currency: US dollar, euro, pounds, rubles, and others. This section also includes links to the Trust wallet and help center.

Trust Wallet: Review Summary

Trust Wallet is a basic tool for users who work with dApps. Multicurrency allows you to work with the necessary coins in one application. In addition, the Trust wallet is quite easy to use and suitable for regular use, since all information is loaded promptly.

Publication date 12.03.2019
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OKEx is going to launch futures on Tron on May 20,

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OKEx Crypto Exchange announced the launch of futures contracts for Tron (TRX). A new financial product will appear on the trading platform already on May 20 at 10:00 Moscow time.

Justin Sun, CEO of the Tron Foundation, said that with the launch of the OKEx futures platform on the TRX, the number of transactions with a digital coin will reach 15 million per day. Note that on the eve of the network appeared information that the daily number of users of the platform of decentralized applications from Tron reached 100 thousand, exceeding the achievements of Ethereum and EOS.

The Tron project token currently occupies the 11th position in the cryptocurrency rating in terms of market capitalization. Recently, TRX was listed on the P2PB2B crypto exchange, and the number of smart contracts in the Tron-blockchain reached almost a thousand.

OKEx futures will be settled on a weekly, fortnightly, and quarterly basis. The maximum allowable shoulder size for this derivative is 20x. The new tool will combine data for the TRX / BTC pair, taking into account the performance of three crypto-exchanges – Binance, Huobi, OKEx.

TRX futures

By the way, this week the team Tron left Lucien Chen, technical director of the project. He explained his departure to the fact that TRX is no longer decentralized, now Chen is going to develop his own project, the Volume Network (VOL), which will strive to achieve the goals that were moved to the Tron Foundation.

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The Central Bank of Great Britain for the first time recognized the huge potential of Bitcoin

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For the first time, a representative of the Central Bank of Great Britain commented positively on cryptocurrency and Bitcoin , in particular.

For a long time, the British financial regulator spoke extremely negatively about Bitcoin and doubted its reliability as a form of capital preservation.

For example, at the end of April, the Deputy Head of the Office for Markets and Financial Affairs of the Central Bank of the Kingdom, Dave Ramsden, reaffirmed the negative attitude of the regulator to the cryptosphere.

However, this week, the chief economist of the British Central Bank Andrew Haldane, during his speech to the students for the first time, acknowledged not only reliability, but also the gigantic prospects of Bitcoin. In his opinion, the largest cryptocurrency will be able to completely replace cash in the next 20-30 years.

Haldane said that he was following the development of the cryptocurrency industry and was aware of the existence of thousands of coins. Nevertheless, despite the fact that for the first time one of the influential employees of the British Central Bank noted the growing value of Bitcoin, the position of the regulator’s management is unlikely to change anytime soon, analysts say.

But it is quite possible that, following the chief economist, many other senior officials of the Central Bank will reconsider their position, and this will create conditions for the British Bitcoin regulator to be fully recognized as a reliable payment instrument.

Publication date 19/05/2019
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OKEx Exchange will launch TRON

OKEx cryptocurrency exchange announced the launch of TRON (TRX) cryptocurrency futures. TRON (TRX) futures trading will be available from 08:00 May 20, 2019 (CET, UTC + 1). Details as follows: https: //t.co/344ykd3iGi – OKEx (@OKEx) 17 May 2019 p. The new financial instrument will be available for trading on Monday, May 20. The following are the specifications of the TRON futures: […]

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cryptocurrency futures

OKEx cryptocurrency exchange announced the launch of TRON (TRX) cryptocurrency futures.

The new financial instrument will be available for trading on Monday, May 20. The following are the TRON futures specifications:

Derivatives calculations will be made on a weekly, fortnightly and quarterly basis. The maximum possible shoulder size of this futures is 20x. The instrument will be based on data on the TRX / BTC currency pair from OKEx, Huobi and Binance exchanges.

OKEx also reported that more than 557 million OKB tokens were purchased and burned this week. Since the start of the program (May 4, 2019), more than 1 million native tokens of the exchange have been destroyed.

Recall the other day TRON support announced Opera browser.

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Name Price24H (%)
Bitcoin (BTC)
$7,933.00
9.02%
Ethereum (ETH)
$254.22
8.80%
XRP (XRP)
$0.404876
9.18%
Bitcoin Cash (BCH)
$399.13
12.22%
EOS (EOS)
$6.27
6.54%
Stellar (XLM)
$0.140520
7.47%
Litecoin (LTC)
$93.11
8.18%
Cardano (ADA)
$0.085527
7.05%
Tether (USDT)
$1.00
0.01%
Monero (XMR)
$86.59
7.65%
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