Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
Ethereum is used to build decentralized applications (dapps) on its platform. Decentralized applications are software that runs on a blockchain, a distributed ledger enforced by a disparate network of computers.
When you use an Ethereum dapp, you don’t need to trust the developer because the code is running on the Ethereum blockchain, which is immutable.
The most popular way to get Ether (ETH) is to buy it on an exchange with fiat currency (USD, EUR, GBP etc). However, this isn’t the only way to get ETH.
In this guide, we will show you how to get Ethereum in your Trust Wallet.
First, you need to download Trust Wallet from the App Store or Google Play Store. Once you have installed the app, open it and click on the “Create a new wallet” button.
On the next screen, you will be asked to choose a wallet type. Select “Ethereum” and then click on the “Create new wallet” button.
Enter a strong password for your wallet and then click on the “Create new wallet” button again. Make sure to remember your password!
Once your wallet has been created, you will be given your seed phrase. This is a list of 12 words that you can use to restore your wallet if you lose your phone or delete the app.
Write down your seed phrase and store it in a safe place.
Now that your wallet is setup, you need to find an Ethereum exchange where you can buy ETH with fiat currency. We recommend using Coinbase, which is one of the most popular and trusted exchanges in the world.
Once you have set up your Coinbase account and added a payment method, you can now buy ETH. Go to the “Buy/Sell” page and select “Ethereum” from the dropdown menu.
Enter the amount of ETH you want to buy and click on the “Buy now” button.
Your ETH will now be stored in your Coinbase account. To send it to your Trust Wallet, go to the “Send/Receive” page and select “Ethereum” from the dropdown menu.
Enter your Trust Wallet address (which can be found by tapping on the “Receive” button in your wallet) and click on the “Send now” button.
Your ETH should now appear in your Trust Wallet! You can now use it to send or receive payments, or to store it securely in your wallet.