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How to Buy Optimism (OP) Using Trust Wallet: A Visual Guide

Published on: Jan 3, 2024Updated on: Jan 4, 2024
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In Brief

Learn how to buy Optimism (OP) using Trust Wallet with our step-by-step visual guide. Also discover the utility of Optimism, as well as how to buy OP using Trust Wallet.

How to Buy Optimism (OP) Using Trust Wallet: A Visual Guide

If you're curious about how to buy crypto assets like Optimism (OP) in a straightforward manner, you've landed on the right page. In this guide, we'll walk you through purchasing Optimism using Trust Wallet, a highly secure, self-custody crypto wallet and Web3 gateway trusted by millions.

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What is Trust Wallet?

Trusted by over 70 million users worldwide, Trust Wallet is more than just a simple-to-use crypto wallet—it's your open gateway to the Web3 world. Built on our core values of financial freedom, strong security, and user-friendly design, we're on a mission to build a seamless Web3 hub and open ecosystem for everyone. Buy crypto, swap tokens, stake to earn rewards, and so much more. Whether you're a beginner or an expert, Trust Wallet empowers you to fully own, control, and leverage your digital assets.

With key features like the Trust Wallet Security Scanner and support for 10+ million digital assets across 100+ blockchains, you can explore and access opportunities in Web3 with confidence. Trust Wallet is available as a mobile app on Apple iOS and Android, and also as the Trust Wallet Chrome Extension for desktops.

What is Optimism (OP)?

Optimism is a Layer 2 scaling solution for Ethereum designed to enhance the network's transaction throughput and reduce fees, all while inheriting Ethereum's robust security model. It achieves this by bundling multiple transactions off-chain and then submitting them as a single batch to the Ethereum main chain. This process is known as "rollup" technology, specifically utilizing a type called Optimistic Rollups. By doing so, Optimism alleviates the congestion on the Ethereum network, leading to faster transactions and lower costs.

The OP token is Optimism's native governance token, introduced to decentralize the network's governance and encourage community participation. Holders of the OP token can propose, vote on, and implement changes to the Optimism protocol, reflecting the community-driven ethos of the platform. This token plays a critical role in shaping the future development and operational decisions of the Optimism network. It's an integral part of ensuring that the network remains secure, efficient, and aligned with the users' needs, making it a cornerstone of Optimism's ecosystem.

Before You Get Started - Create an Optimism (OP) Wallet

Before we delve into the steps for how to buy Optimism via Trust Wallet, you'll first need to set up a wallet if you haven't already. Trust Wallet can be downloaded as a mobile app, or you can install the Trust Wallet Extension for your desktop browser. For this guide, we'll focus on creating a new wallet using the Trust Wallet mobile app.

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Step 1: Get the most updated version of Trust Wallet

Below you’ll see the steps to create a new Optimism wallet, but you could just as easily import an existing Web3 wallet to Trust Wallet, if that’s your preference.

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To create a new wallet:

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Step 2: Buy crypto using your Trust Wallet

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Frequently Asked Questions

What are the fees to buy Optimism (OP) using Trust Wallet?

Fees are dynamically determined in real-time by our affiliated fiat gateway partners. We've teamed up with a variety of third-party payment services to offer you a diverse array of convenient choices. Please be aware that the fee schedule may differ depending on the payment method selected and your geographical location.

What payment methods are accepted?

Trust Wallet accommodates multiple payment options, such as credit/debit cards and bank transfers, to name a few. The specific methods available to you are subject to your location and the payment provider you opt for.

What currencies can I use to purchase Optimism (OP)?

Our global partners support over 100 local fiat currencies. This enables a broad range of users to purchase crypto in their native currency.

When I buy Optimism (OP) using Trust Wallet, where is it stored?

When you buy OP using your Trust Wallet, it’s stored directly in your wallet. There’s no need to transfer your OP from one address to another or do anything else – the crypto will be stored safely and automatically.

How do I check my Optimism (OP) balance in Trust Wallet?

To check your OP balance in the Trust Wallet app, simply open the app and view your current balance from the main wallet page.

How do I check the Optimism (OP) price in Trust Wallet?

To check the OP price in the Trust Wallet app, simply open it and view the price from the main wallet page. Alternatively, you can also search for the OP asset and tap on the chart symbol to view more detailed information on the OP price.

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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.

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