LESSON 3: Create your first Trust Wallet in 3 minutes

Here we are reaching the first practical lesson in our express course.

In this lesson you will learn:

• What is a crypto wallet and how it works;
• What are the types of wallets and how to choose them;
• Why aren’t cryptocurrencies actually stored in wallets?
  
  

Complete the assignments:

Create your Trust Wallet account following the manual:

1. Save your accesses and passwords in a safe place (preferably off the Internet or on paper)
   
2. Write down your BTC wallet address for yourself.
   

Supplementary materials:

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Text of the Lesson

Instructions for creating a Trust Wallet account:

1. Download the app or go to the website 
   —  Link to Android app;
   —  Link to browser extension download page;
2. Launch the application and click «Create a new wallet»;
3. Agree to the terms of use;
4. Write down the SEED phrase in a safe place.

Explore a helpful reference material:

• https://trustwallet.com — Trust Wallet’s official website;
• https://www.bitaddress.org — service for creating paper BTC wallets.

let’s check your knowledge

1. A place to store crypto is:

• Crypto wallet
  
• Blockchain
  
• Private key
  

2. How many words does a SEED phrase usually contain:

• 5 words
  
• 40 words
  
• 12 words
  

3. The financial agent is involved in:

• Custodial wallets
  
• Non-custodial wallets
  
• Both in custodial wallets and non-custodial wallets

4. Applications on a smartphone or PC are:

• Paper wallets
  
• Cold wallets
  
• Warm wallets
  

5. What wallet is the easiest to restore access to if passwords and seed phrases are lost?

• Hot
  
• Cold
  
• Paper