Trust Wallet has released, as everyone already knows, its biggest update ever, actually rebranding everyone's favorite wallet and entry into the world of cryptocurrency for beginners.

We've evolved into more than just a wallet. Explore our new #Web3 gateway & control your own financial freedom. #FreedomFoundations

- the Trust Wallet Twitter account said.

So, now Trust Wallet is no longer a wallet? We can confidently answer yes, now it is a full-fledged neobank, but don't hurry with conclusions, because we are waiting for many more updates.

Expect significant enhancements in products, services, and community engagement in the next 3 months. Brace for a beautiful marathon, not a sprint, laden with incremental strides

- said CEO Eowyn Chen in her tweet about the update.

So let's take a look at what exactly the update will affect, what will change in the future and how their own token can be used.

Updated app

The mobile app and browser extension have undergone a significant transformation, providing a bolder and more accessible experience for users.

Mobile App Enhancements:

User-Centric Layout: Key elements such as the notification bell, settings (now in the top left), and QR scanner have been strategically reorganized to align better with your usage patterns.

Smooth Wallet Switching: The new wallet-switching feature ensures seamless access to all your wallets, complementing the entire platform revamp.

Easy Feature Discovery: Enhanced banners make it easier for you to discover and efficiently utilize both new and existing features.

Quick-Copy Wallet Address Option: A convenient quick-copy option has been added for hassle-free access to any of your wallet addresses.

Browser Extension Improvements:

Easier Token Management: Now you can easily search for tokens by chain.

Stress-Free Wallet Importing: The process of switching wallets has been simplified.

Token?

Yes, Trust Wallet has its own token - $TWT . Now it is little known, its capitalization is only $437,120,392 and it is practically not used by its own application. But will it stay that way for long? I don't have an exact answer to this question, and no one will ever answer it, but I can guess, and you decide for yourself if there is something better on the market at the moment.

Because TWT can be used:

- Staking TWT for ido on the TW platform

- Nft marketplace with TWT settlement

- Discounts on swaps for holders

- TWT payment priority for wallets with abstraction

#TrustWallet now has a strong team, good CEO, and #binance behind them, when do you think they will realize all this? The answer is simple, when it's too late for everyone to buy. So make up your mind, I've already made my choice.

Not a financial advice. DYOR.