Trust Wallet is a mobile cryptocurrency wallet that supports for all Ethereum tokens (ERC20, ERC223, and ERC721), and is available for IOS and Android. It is an open source, decentralized, an anonymous cryptocurrency wallet that was officially released in November, 2017.
Trust Wallet ensures security an anonymity of its users through:
- Installing the Trust Wallet application in a server free environment
- Local key storage on devices (client-based infrastructure)
- Bank-level application security
- User authentication at the application level of wallets accessed through an unlocked device
Trust Wallet acquired by Binance
On July 31, 2018 the cryptocurrency exchange Binance acquired Trust Wallet to add an on-chain mobile wallet to its services. Binance stated that it hopes to improve Trust Wallet's integration capabilities with future services offered on its cryptocurrency exchange platform. The company is keeping Trust Wallet's brand, team, and ability to develop the core functions of Trust Wallet.