Trust Wallet is a Web3 wallet providing diverse access to millions of cryptos and NFTs hosted in various blockchains including Ethereum, as well as the Binance smartchain.  

In addition to just holding cryptocurrency, web3 wallets can be used for executing transactions and collecting NFTs, interfacing with various blockchain platforms like Ethereum and Solana, and, in some cases, creating multiple wallets in a single account to organize your digital assets. Web3 wallets are typically non-custodial wallets, meaning the owner of a wallet is free to hold the digital assets without requiring a third party. Additionally, Web3 wallets are able to store digital assets like NFTs, and allow users to interact with decentralized applications (dApps).  

Another reason that web3 wallets are getting attention is because they are a gateway for accessing Blockchain technologies, including Decentralized Applications (dApps). Web3 wallets enable users to easily gain access to dApps, since cryptocurrencies are required for interaction with most applications. Additionally, users can also interact with web3 platforms using their wallets using a protocol called Wallet Connect.  

Wallet Connect and web3 Connect are open protocols to connect desktop DApps with mobile wallets using end-to-end encryption via a QR Code scan. Trezor & Ledger are web3 wallets, which both have mobile app versions as well as a browser extension version, and are used to interact with various dapps on a blockchain. MetaMask is a browser-based, non-custodial mobile cryptocurrency wallet mainly serving the Ethereum ecosystem, although MetaMask can also be used for accessing other blockchains by configuring it inside of a wallet. 

Coinbase Wallet is a non-custodial wallet which grants access to multiple Web3 features, allowing users to directly discover and use Ethereum-based DApps through their browser in-app. As stated on its website, Rainbow is a non-custodial, fun, easy-to-use, secure wallet, that allows users to build an Ethereum wallet, pick up NFTs, and explore the new world of web3. Coinbase is one of the largest crypto platforms worldwide, and alongside the easy-to-use platform, Coinbase is now also offering a Web3 wallet as well, in the form of Coinbase Wallet.  

As its native web3 wallet is tied with Coinbase, it supports credit cards and debit cards from more than 90 countries, making crypto purchases and NFT storage easy. In short, a web3 wallet is a way of using hardware or software to not only access funds, but also effortlessly enable interaction with dapps, act as gateways for bankless financial services, harvest NFTs, build an identity in a blockchain, work with communities, and offer significantly more use cases than what the traditional wallets that we have today.A Just as how individuals own physical wallets for holding physical cash, Web3 wallets assist with the storage of access to digital currencies. Simply put, Web3 wallets are a way to use hardware or software not only to access funds, but to effortlessly allow you to interact with decentralized applications, serve as a gateway to bankless financial services, collect NFTs, create on-chain identity, collaborate with communities, and provide substantially more use cases beyond the scope of the traditional wallets we have today.A a Just like how people have a physical wallet to store paper money, Web3 wallets help store access to your digital currency instead.A Many of the cryptocurrency applications run on a blockchain -- such as decentralized finance (DeFi), games, and Non-fungible tokens (NFTs) -- are better accessible and interacted with through desktop browsers, since processes are typically done in the background, with the shared notification about your actions.