How to Buy RUNE Using Trust Wallet: A Visual Guide

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

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 a THORChain (RUNE)?

THORChain is a decentralized liquidity protocol. Its primary function is to facilitate the trading of cryptocurrencies across various blockchain networks without the need for centralized exchanges. This is achieved through a unique system that allows for direct swaps of different crypto assets, such as Bitcoin and Ethereum. THORChain's innovative approach is designed to overcome the limitations of traditional crypto trading platforms, offering users a more seamless and integrated trading experience.

The RUNE token is integral to the THORChain network. It serves multiple purposes within the platform, acting as the base currency for all transactions and liquidity pools. THORChain RUNE is used for trading fees, rewards, and as a security measure, where users stake RUNE tokens to participate in the network's governance and secure its operations. The token's utility in governance allows for a decentralized and community-driven approach to decision-making within the THORChain ecosystem, aligning with the broader ethos of DeFi.

Before You Get Started - Create a THORChain (RUNE) Wallet

Before we delve into the steps for buying THORChain 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.

Step 1: Get the most updated version of Trust Wallet

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

To create a new wallet:

• Download, install and then open Trust Wallet

• Choose “Create a new wallet”.

• Choose your backup option, or you can optionally postpone the backup process by choosing “Skip”.

• Start using Trust Wallet.

Step 2: Buy crypto using your Trust Wallet

• Select “Buy” from the home screen

• Search for “RUNE” and select it.

• Choose the currency you want to use, then enter the amount of RUNE you want to purchase.

• Select the third party provider & payment method you’d like to use.

• Select the Buy button and complete the remaining steps.

Frequently Asked Questions

What are the fees to buy THORChain (RUNE) 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 THORChain (RUNE)?

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 THORChain (RUNE) using Trust Wallet, where is it stored?

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

How do I check my THORChain (RUNE) balance in Trust Wallet?

To check your RUNE 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 THORChain (RUNE) price in Trust Wallet?

To check the RUNE 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 RUNE asset and tap on the chart symbol to view more detailed information on the RUNE price.

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