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INTRODUCTION:

Hello Steemit members, i hope you all are fine and doing well, i am also fine, i am learning alot from @steemitCryptoAcademy and professor @sapwood, here in Chapter no 04 he s giving us knowledege about not only BITCOIN and Multichaain wallets too. I feel great to be a part of this community and student of professor @sapwood
Below is my homework and answers of questions asked in Chapter no 04 by professor.

HOMEWORK 04:

QUESTION N0 01: Have you ever used any Multi chain wallet (Non custodial) ? below example?

ANSWER:

YES, i have used TRUST CHAIN wallet back in 2020, i have used VIA wallet and this is best among all, Let me tell you what multichain wallet is, Multi chain wallet is a wallet which is used to store different types of criptocurrencies incuding BTC, TRX, BNB and many more.

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QUESTION 02: How many different coins (of different blockchains) does it support?

ANSWER:

Single chain wallets support only that specific network coin, while multi chain wallets support almost all network files.
Since trust wallet is a multi-chain wallet, we can store up to 29+ network coins in it, such as BNB, TRX, TRON, and many others.

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The trust wallet is basically a wallet which is multichain in that allows users to store, stack, and monitor multiple cryptocurrencies. Over 160 assets are supported by Trust Wallet. Trust Wallet is available in all countries.
Crypto stacking is supported by wallets as well. tron, Tomochain, Vechain, Cosnos, and a slew of other cryptos are only a few examples. A certain amount of interest can be earned by piling them.
There is also a Tron pro wallet in which we can only access TRC 20 based networks here. Since this is a single coin wallet that only supports TRC related coins, it is not possible to carry BSE, BNB, or ERC 20 coins.

QUESTION 03: How do I re- important the existing multi chain wallet in a fresh installation?

ANSWER:

this installation procress is very easy, If we have Mnemonic key then we can install it in few minutes, it requires very less amount of time and if we want to reinstall existing account in a new device so this is also a very easy process, we just have to install application from the store and then Install it after you've opened the apps to build a new account or if you already have one. After entering Menamonic key i will be able to sucessfully access my old account through this process.

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QUESTION NO 04: How do I add / import a new coin in a multi chain wallet using the private key of the coin ? Examples/ screenshots? (hint- import TRX in trust wallet

ANSWER:

This can also be achieved quickly, such as by importing my current Tron wallet. After choosing it, you'll be prompted to enter your Tron account's backup word. Simply enter your information here. That's it, your old Tron account has been successfully imported into your confidence wallet. Importing an existing TRX wallet account We can access multiple networks using a single multichain wallet in this way.

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QUESTION N0 05: How do I import a multi chain (offer different service) using the seed key? Examples/ screenshots?( Hint- import export exodus wallet or atomic wallet into trust wallet)

ANSWER:

We can do this very convinently by following the same procedure
like I'd like to use my trust wallet to access my automatic wallet ETH account. To do so, I simply go to my trust wallet, select settings, then wallets, and finally, nowhere select +. It now asks whether you want to open a new account or if you already have one. I'm going to import a Multichain wallet into another Multichain wallet, for example, Atomic into Trust. To make it easier, I'm guessing I've already backed up my Atomic wallet Mnemonic key.

QUESTION 06: How do I import a Multichain wallet(of a different service) using the seed key? Examples/Screenshots? (Hint- Import Exodus wallet or Atomic wallet into Trust Wallet)

ANSWER:

A very basic technique may also be used to do this. To begin, go to the Import Wallet option in the applocation, select I already have a wallet, select Ethereum, and import with the Phrase of your Atomic Wallet. It's over.
I can now use Trust Wallet to access my Atomic Eth Wallet as well.

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That’s all from my homework. This post is plagiarism free and the pics used in this article have there source attached. I hope I have answered all question correctly.

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Thankyou so much!!