How to Secure Your Trust Wallet. A Beginner’s Guide

How Does Trust Wallet Work?
For newbies joining the crypto space, a wallet is a software that stores the private keys to your cryptocurrency holdings.

Your wallet keeps records of transactions using two keys, public and private. A public key (think bank account number) is an address that you send out to others to receive crypto, while your private key (think transaction pin) grants you ownership of the wallet.

Viktor Radchenko introduced Trust Wallet to allow users to send, receive and trade crypto in the simplest way. Users can also foray into the DeFi world, explore NFTs, or play blockchain games using the in-built DApp browser.

The leading multi-asset mobile wallet interacts with 40+ blockchains and supports 160K+ digital assets. Each asset has a public key or address sent to other users to receive crypto and a private key for signing off transactions.

Recovery Phrase — Your PassFor easy usage, Trust Wallet encrypts all assets’ private keys to create one master private key, which is then run through an algorithm to generate a unique 12-word phrase known as the Recovery Phrase.

Upon signing up, you will be assigned a wallet that you must back up with your recovery phrase immediately.

Best Way to Store Your Wallet Backup
The recovery phrase is essentially all your private keys transformed into a readable twelve-word format. It is pivotal to your wallet safety because whoever has the recovery phrase has access to all funds in your wallet. Also, without it, you cannot access your funds if you lose your device.

This is why you must write down each word carefully, in the correct order, and store it in multiple, secure places.

While some people save their 12-word recovery phrase in password-protected notes apps, storing it offline is the more secure option.

Ensure that you write it down clearly on a piece of paper in the correct order, double-check the words and store it in a safe place. For durability, you might want to consider using a cryptotag instead of paper.

You might also want to have look at Binance SAFU tips provided by CZ itself.