How does trust wallet work?

Trust Wallet is a fully decentralized app and follows the rules of the networks it connects to. No funds are kept in the wallet and no fees are collected by the app. What are Network Fees? Every time you send any cryptocurrency, from your address to another, you incur a Network Transaction fee, also referred to as a Network fee.

Is Trust wallet free?

Trust Wallet is free to download and install and does not collect any fees. However, when sending cryptocurrencies or NFTs to other destinations, you will incur network fees that vary depending on how busy the network is. Ethereum gas fees can be a headache, but there are ways to reduce the gas fees and make the transactions cheaper.

Does trust wallet incur network fees?

So if you are using Trust Wallet to make a payment with bitcoin, interact with an Ethereum DApp, or send a CryptoKitty to a friend, you will incur (unavoidable) network fees. The good news is that Trust Wallet allows you to set your own network fees for Bitcoin and Ethereum.

Does trust wallet set the best transaction fee based on network congestion?

To make things simple, your Trust Wallet app will always set the best transaction fee based on network congestion. This can still be manually overriden if the user desires. Did you find it helpful?