Trust Wallet is a popular decentralized cryptocurrency wallet that provides non-custodial crypto asset storage, granting users full control over their cryptocurrencies. Accessible through a browser extension and mobile app, it provides a secure storage solution for approximately one million digital assets.
Trust Wallet supports 53 blockchains and allows users to trade coins between different blockchains, store NFTs, and earn crypto through staking. The wallet offers various features, including an integrated exchange, support for non-fungible tokens (NFTs), and direct integration with some decentralized applications (DApps) built on approximately 16 networks.
Quick Guide: How to withdraw funds from the Trust Wallet
- Open Trust Wallet: Open the Trust Wallet app or access the browser extension to view the assets stored in your wallet.
- Select a cryptocurrency: Choose the specific coin or digital token you wish to withdraw. If multiple assets need to be removed, repeat steps 2-4 for each.
- Provide withdrawal details: On the Trust Wallet app, click Submit. Enter the amount of cryptocurrency you intend to withdraw and the recipient’s address.
- Confirm the transaction: Check the recipient’s address, the withdrawal network and the amount to be sent. If in doubt, it is advisable to initiate a test transaction with a small amount of cryptocurrency for the first time. Carefully review the transaction details and confirm it to complete the withdrawal process.
What is Trust Wallet?
Trust Wallet is a software wallet allowing users to buy, sell and trade various coins and blockchain assets. You can trade coins between different blockchains and stake your assets to earn interest.
Trust Wallet simplifies the process of buying cryptocurrencies, allowing users to easily buy cryptocurrencies using their credit cards.
In addition to its user-friendly functionality, Trust Wallet places a strong emphasis on user privacy and security. As a non-custodial wallet, it minimizes user data storage, ensuring that you maintain full control of your sensitive financial assets. Trust Wallet allows you to store your private keys locally on your mobile devices rather than relying on Trust Wallet’s servers, further enhancing the security of your funds.
How to withdraw crypto from trusted wallet?
Step 1: Open Trust Wallet
Trust Wallet is available both as a browser extension and as a mobile app. The cryptocurrency withdrawal process remains consistent regardless of platform. Open Trust Wallet on your preferred device and log in to your account using a password, seed phrase or biometric authentication. For Chrome extension users, locate and click on the blue shield icon located in the upper right corner of the browser.
Step 2: Select a cryptocurrency
Trust Wallet conveniently displays all your stored cryptocurrencies at the top of the app or extension. Simply click on the specific digital asset you wish to withdraw. To proceed with the withdrawal, click “Send”, taking you to the transaction box.
Step 3: Provide withdrawal details
Fill in the required withdrawal details, including the recipient’s address and the amount you wish to withdraw. Select Preview at the bottom of the Trust Wallet app or extension to view withdrawal details.
Step 4: Confirm the transaction
Take a moment to carefully review the preview of the withdrawal presented. The preview page will display crucial details such as estimated gas charges, recipient address, and withdrawal amount. Make sure all information is correct before continuing.
Once you have verified the transaction details, proceed to confirm the transaction.
Please note that the time required for the withdrawal process may vary depending on factors such as the specific cryptocurrency and the blockchain network. Typically, the process can take anywhere from a few minutes to an hour.
Conclusion
Trust Wallet is a secure and decentralized solution designed for cryptocurrency enthusiasts seeking full control over their assets. It caters to users of all experience levels, offering a range of valuable features including built-in cryptocurrency exchanges and staking features. Withdrawing funds from Trust Wallet is a simple process, although it is important to note that direct withdrawals to a bank account are not supported. However, this minor limitation is offset by the strong security that comes with storing cryptocurrencies in a wallet rather than on an exchange.
