Trust Wallet Browser Extension – is It Safe to Use?

Ever since the launch of crypto, people have been looking to explore different cryptocurrency trading platforms. And along with it, there is also a need for a secure wallet where the currencies of the users can be stored, and from where they can be traded easily.

In this blog, all the information of Trust Wallet Browser Extension will be given to you if you are in search of a good cryptocurrency holding wallet.

How to make money with Trust Wallet?

There are several ways of making money by using the Trust Wallet app. But before starting to talk about them, remember to only invest the amount that is not over budget. The methods that you can use to earn money via Trust Wallet Extension are:

• DeFi Lending
• Staking
• NFT Farming
• Being a liquidity provider to the Automated Market Makers
• Yield Farming

From the above methods, we will explain your earning process by DeFi lending. Here, you will have to lend the cryptos held by you to some other trader and earn interest on it. The lending process of Trust Wallet Browser Extension is the same as the traditional practices followed by the existing financial institutions.

How to download Trust Wallet for Windows 10?

The Trust Wallet download for mobile devices is an easy process. The main task is of installing Trust Wallet Browser Extension on your PCs. People often gets confused in its downloading process so we are here to tell about the process of installation on your Windows 10.

Before telling you about the steps you must know the prerequisites before performing the mentioned steps. The said prerequisites are:

• RAM of 2GB.
• Space of the hard disk should be 3GB.
• A good processor of Intel or Dual Cord of 3 Ghz.

Once you are sure that you have all the above mentioned things follow our steps of downloading Trust Wallet Extension for PC.

1. Click open the official website of Trust Wallet – https://trustwallet.com/
2. On the homepage you will see the links to download its browser.
3. Now from the given list of options choose the most appropriate one. In your case the most appropriate one would be the link to install the extension on your PC.
4. Press the install button.

Now the Trust Wallet Chrome Extension will be installed on your PC. Once it is installed you can create your account by pressing the Trust Wallet sign up button.

Was Trust Wallet hacked?

Recently there have been some reports that Trust Wallet Binance has been hacked but there was no confirmation received from the Trust Wallet Browser Extension. Though recently, they have confirmed that Trust Wallet apk was hacked indeed. They said that instead of disclosing the news to all of the public at once, they decided to solve the problem user by user. According to them when the platform was hacked it was risky to disclose the information because it would have taken the platform at more risk of getting attacked by other hackers.

Even though the Wallet solved the issues faced by contacting affected users, there was still a loss of $170,000. And the users who faced losses were being reimbursed by the Trust Wallet.

Is it Safe to use?

Though it was hacked, it is still considered as a safe wallet to use. It is so because, everything that is online can be hacked no matter how tight its security level is. The Trust Wallet Browser Extension has been working constantly to improve its security measures. Some new features have been introduced such as unlocking of your account by using your biometrics to ensure that no one gets unauthorized entry to their account by doing Trust Wallet login.

A point is to be noted that it is a hot Wallet, which means that your assets are stored online that can be hacked. And if we talk about cold storage, then the Crypto is stored on the offline hardware wallets which is obviously more secure in comparison because it cannot be hacked.

The Bottom Line

A chance should be given to this Trust Wallet Browser Extension because it is safer and also has a large variety of features that will be helpful for the traders while they are transacting on this platform. Not only is it used as a mobile application, but it can also be used as a Trust Wallet on PC. And in case of any issue its customer assistance services can be availed for the query to be resolved.