Apr 10, 2021
Fomo Labs to feature on Trust Wallet
On Saturday 10th April, Fomo Labs can exclusively bring to you that Fomo Labs has submitted to be on Trust Wallet. Fomo Labs reached the criteria within a matter of hours from listing!
What is Trust Wallet?
Trust Wallet is a mobile wallet app that allows you to send, receive and store a wide range of cryptocurrencies. Designed with a focus on simplicity, this open-source wallet aims to provide a platform that’s easy and straightforward to set up and use.
Trust Wallet is the best BNB wallet for Android and iOS phones. Not only does it allow you to use your BNB to trade on the Binance DEX.
Trust Wallet allows users to store private keys on their own device, an important security feature, and it includes a backup facility for simple recovery. Other features include a built-in decentralised exchange through a partnership with Kyber Network as well as a Web3 browser that allows you to interact with decentralised applications directly from the Trust Wallet app.
How to download Trust Wallet:
Can Trust Wallet be trusted?
Trust Wallet offers a number of security features to help protect your crypto holdings against hacking and theft. These features include:
Private key- You’re not required to store your private key on Trust Wallet servers but instead get to store the key locally on your device.
Anonymity- You can download, install and set up Trust Wallet without having to provide any personal details. Trust Wallet also promises to never store any of your private data.
Open source- You can review Trust Wallet’s code online, and the app has also been audited by security experts.
Backup facility- By backing during the setup process, you can restore your wallet from an encrypted file in less than 30 seconds using a secret key.
What does this mean for $FOMO?
$FOMO being on trust wallet means that anyone who holds the token will now be able to view this on their phone meaning more mobile user adoption. Greater benefits includes the exposure of Fomo as being affiliated with such a large cooperation within the crypto space, especially one that is owned by Binance.
The fact that being on Trust Wallet results in being added to the database of every major wallet and exchange. This will further ensure a stronger user case for Fomo and representing real life utility for token holders. The amount of nodes which use the app, surpasses multi millions and representing a real life utility for the token. therefore allowing $FOMO to reach truly the masses.
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