Is Trust Wallet CEX or DEX?

Asked 3 years ago

Hi, I've been looking at some crypto wallets and exchange options since there has been so much discussion in the crypto space about choosing trading platforms. I came across Trust Wallet in those chats and it caught my attention. The issue is that I don’t really understand it or how it works. Is trust wallet a blockchain? How does it work?

Arnulfo Blackwell

Tuesday, May 24, 2022

Trust wallet is a decentralized non-custodial crypto wallet that supports more than 1 million digital assets across various chains. You can buy digital assets through the Trust Wallet app, send and receive tokens, and purchase and sell NFTs. Besides, the wallet allows you to earn interest on your assets by staking them directly from your wallet.

Trust Wallet works by acting as a bridge between blockchains and their nodes. Each blockchain has its unique set of public keys where assets are encrypted and held. Trust Wallet doesn’t store or control user funds; it simply gives you access to your funds. Besides, the app is free to download on Android and iOS versions.





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