By
Bena Ilyas
May 16th, 2024
Trust Wallet plays a pivotal role in today’s digital currency ecosystem. Two months ago, Trust Wallet introduced a new smart contract wallet called the Trust Wallet SWIFT.
The Google Play Store recently removed Trust Wallet, a well-known self-custodial wallet provider in the crypto industry. While the iOS app and the Google Chrome browser extension remained unaffected, the Android version was temporarily taken down. According to a post on X, the removal caused concern among users who rely on the platform’s self-custodial services.
Trust Wallet App Finally Reinstated on Play Store
Following its removal, Trust Wallet swiftly initiated an appeal process to reinstate the app on the Google Play Store. The reason for the Trust Wallet app’s removal from the Play Store might be linked to policy concerns, but no precise information was revealed. Despite the setback, Trust Wallet’s iOS app and Google Chrome browser extension persisted in their regular operation.
This provided confidence to the users who count on these platforms to carry out their cryptocurrency transactions. However, after the uncertainty, Trust Wallet’s Android version was eventually reinstated on the Google Play Store. According to another post on X, this resolution came after the team diligently pursued the reinstatement process, underscoring the importance of maintaining trust and transparency.
Ok, well that was sorted quickly..! The Android version of the app is back on the Google Play Store 💙
Let's continue #BUIDLing, checking charts & touching grass https://t.co/YbgfY2KcBP pic.twitter.com/9Z4KXkhqNV
— Trust Wallet (@TrustWallet) April 29, 2024
With its user-friendly interface, Trust Wallet facilitates the purchase, storage, earning, and swapping of cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), along with the management of various digital assets including Non-Fungible Tokens (NFTs). It supports 16 languages, making it accessible across all continents, and has amassed over 70 million global downloads.
Trust Wallet is compatible with approximately 100 blockchains and empowers users with activities like staking and cross-chain swamps.
Trust Wallet Introduces SWIFT
Trust Wallet plays a pivotal role in today’s digital currency ecosystem. Two months ago, Trust Wallet introduced a new smart contract wallet called the Trust Wallet SWIFT. The Trust Wallet SWIFT incorporates smart contracts technology, offering users a seamless and secure Web 3.0 experience. Interestingly, it will make it easier for anyone and everyone to explore the Web3 world.
SWIFT is a Smart Contract Wallet powered by Account Abstraction. It offers a user-friendly approach to the complexities of Web 3.0 for beginners and seasoned crypto enthusiasts. The SWIFT wallet addresses newcomers’ challenges such as complexity, security concerns, and the intricacies of managing private keys.
Upon launch, SWIFT followed in the footsteps of Trust Wallet’s multi-chain tradition by offering support for seven major EVM chains known for their low cost and scalability. These include Arbitrum, Polygon, Bianance Smart Chain (BSC), opBNB, Base, Optimism, and Avalanche, with plans for further expansion.
Additionally, to encourage users to explore the benefits of Account Abstraction, Trust Wallet introduced gas fee discounts with TWT tokens and gas fee sponsorship in collaboration with partners during the beta testing phase. Meanwhile, getting started with the Trust Wallet SWIFT is extremely simple as the application is available on iOS and Android platforms.