Trust Wallet now supports Cardano (ADA)
The Trust Wallet development team is happy to announce that we have now integrated with the Cardano blockchain.
Cardano is considered one of the most promising ecosystems in the crypto space which is why this is a significant milestone for the Trust Wallet community. Read on to see how this will benefit you:
Why use Trust Wallet?
Trust Wallet is an easy to use, true multi-chain noncustodial wallet, which allows you to store and manage over 3 million crypto assets including NFTs across 65+ blockchains. No more storing your assets across multiple custody wallets or exchanges! You’ll have peace of mind knowing all your assets are in one safe place.
Your private keys are stored on your device and your assets on-chain meaning you are in full control at all times. Trust Wallet gives you the ability to natively buy, swap and stake your favourite crypto without having to leave the app and also connect to dApps with the in-built DApp browser.
Trust Wallet is used by over 50 million people worldwide!
A quick brief about Cardano:
Cardano is an open-source and decentralized blockchain that operates using the proof of stake consensus mechanism. Aiming to make the world work better and bring about positive global change, Cardano is regarded as one of the most promising blockchain projects in the crypto space. Cardano has recently crossed a major achievement with over 1,000 projects building on its ecosystem.
What is the $ADA Token?
ADA tokens are Cardano’s native cryptocurrency, and they are used to pay transaction fees on the Cardano network. It is also given to validators as a reward for maintaining the proof of stake consensus mechanism. A little fun fact about ADA is that it’s named after Ada Lovelace who is known as a 19th century mathematician and the first computer programmer.
How does this integration benefit Trust Wallet users?
- You can now buy Cardano directly in your Trust Wallet app.
- You can safely store, send and receive Cardano and Cardano ecosystem tokens in a single application.
- You easily view Cardano’s price movement on the app to make better trading decisions.
Update your app to at least version 6.16 on iOS or version 5.1 on Android in order to send and receive tokens on Trust Wallet using Cardano’s network.