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How to Buy TWT Token Using Trust Wallet
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In Brief
Discover the simple way to buy Trust Wallet Token (TWT) with this step-by-step guide. Trust Wallet helps you buy, store, and even sell your digital assets securely.
If you’re wondering how to buy crypto using a credit card or other payment methods, you’ve come to the right place. In this guide, we’ll show you how to buy TWT using Trust Wallet, a secure self-custody crypto wallet used by millions of people.
Buying TWT in the Trust Wallet mobile app is as easy as:
Selecting the Buy button from the main wallet page
Selecting TWT and choosing the amount you want to buy
Follow the remaining steps to complete your purchase
We’ll go into more detail on the process in this guide, but first, let's have a look at what Trust Wallet and TWT are.
Note: Although this guide focuses on buying TWT using Trust Wallet, you can also easily deposit TWT from a centralized exchange. This allows you to self-custody your assets and have full control. Check out the FAQ section of this guide for instructions.
What is Trust Wallet?
Trust Wallet is the simple-to-use, self-custody crypto wallet and gateway to Web3 for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it simpler, safer, and convenient for millions of people around the world to experience Web3, store and manage their crypto and NFTs, buy, sell, and stake crypto to earn rewards, and access dApps securely—all in one place. With features such as the Trust Wallet Security Scanner, and support for 10+ million digital assets across 100+ blockchains, Trust Wallet is a true multi-chain crypto wallet that allows users to access the Web3 world safely, and without limits. Get Trust Wallet as a mobile app on Apple iOS, Android—or as the Trust Wallet Chrome Extension, available for desktop browsers.
What is TWT?
Trust Wallet Token (TWT) serves as a multifaceted utility token within the Trust Wallet ecosystem, available in BEP-2 format on BNB Beacon Chain, as a BEP-20 asset on BNB Smart Chain, and also as an SPL token on the Solana network.
In terms of utility, TWT offers a governance mechanism, enabling token holders to vote on key decisions regarding Trust Wallet's development, features, and supported assets; the more tokens you hold, the stronger your voting power.
Secondly, the token acts as a medium for discounts within the Trust Wallet app, offering users the ability to make in-app purchases and use decentralized exchange services at reduced rates.
Lastly, TWT even facilitates the open-source development of Trust Wallet itself. Developers looking to contribute to Trust Wallet's codebase can use TWT to pay for pull requests, thereby actively participating in the evolution and improvement of the app. This payment not only processes the request but also helps maintain the infrastructure and prevents spam, making TWT an integral part of Trust Wallet’s operational fabric.
Before you get started
Before we dive into how to buy TWT using Trust Wallet, you’ll need to create a wallet if you don’t already have one. Trust Wallet is available as a mobile app or you can get the Trust Wallet Extension for your desktop web browser. In this example, we’ll set up a new wallet using the Trust Wallet Mobile App.
Step 1: Download the latest version of the Trust Wallet App.
Step 2: Set up your new wallet
Open the Trust Wallet app, and choose “Create a new wallet.”
Select an option to back up your wallet.
Once your wallet is set up, tap on “Start using Trust Wallet.”
Tip: If you already have a wallet that’s not Trust Wallet, you can choose to import that wallet. In this case, you’d choose the “I already have a wallet” option.
Step 3: Buy TWT using your Trust Wallet
Select the “Buy” button from the main wallet page.
Select TWT (if you don’t see it, you can use the search function).
Select the amount you want to buy, then select the “Next” button.
From there, it’s just a matter of following the simple instructions to complete your purchase. Once the purchase goes through, the TWT will automatically be stored in your Trust Wallet.
Frequently asked questions
Aside from buying TWT, can I also deposit and store TWT from a centralized exchange or another wallet?
Yes, you can easily deposit and store your TWT securely using Trust Wallet. Follow these steps:
Select the “Receive” button from the main wallet page.
Choose TWT from the list of assets. If needed, you can search for “TWT” to find it.
Copy your TWT deposit address and use that on your centralized exchange account. Alternatively you can use the QR code, share option, or Deposit from exchange feature.
From there it’s just a matter of following your instructions to receive TWT in your wallet.
When I buy the TWT using Trust Wallet, where is it stored?
When you buy TWT directly using your Trust Wallet, it’s stored directly in your wallet. There’s no need to transfer your TWT from one address to another or do anything else – the crypto will be stored safely and automatically.
How do I check my TWT balance in Trust Wallet?
To check your TWT 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 TWT price in Trust Wallet?
To check the TWT price in the Trust Wallet app, simply open it and view the price from the main wallet page. Alternatively, you can also select the TWT asset and tap on the chart symbol to view more detailed information on the TWT price.
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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.