How to buy Trust Wallet (TWT)
Learn how to buy Trust Wallet (TWT) in our step-by-step guide.
Trust Wallet (TWT) is in the top 1,000 cryptocurrencies by market cap, valued at $501,585,422.
Trust Wallet is a highly volatile asset capable of major price swings in a single day. Today TWT is trading for $1.20, which is slightly up from yesterday's trading price of $1.28. Trust Wallet's seen a decrease of -51% over the past year.
So before you buy Trust Wallet, make sure you understand these unique risks as well as its legal, regulatory and tax status here in the US.
If you're ready to get started, read on for step-by-step instructions and a list of platforms you can buy Trust Wallet.
How to buy Trust Wallet in 4 steps
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
Compare crypto exchangesThe easiest way to buy Trust Wallet is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
Create an accountTo create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
Make a depositOnce verified, you can deposit USD using the payment method that best suits you – cryptocurrency, card and bank payments are widely accepted.
Buy Trust WalletYou can now exchange your funds for Trust Wallet. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Trust Wallet to your personal wallet.
Where to buy Trust Wallet
Find an exchange to buy, sell and trade TWT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
How we keep this Trust Wallet guide up-to-date
How do I find the best places to buy Trust Wallet?
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
What will I need to buy Trust Wallet?
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Trust Wallet.
- This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
- Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing TWT with your local currency then you will need to pass KYC.
- Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.
What are the best ways to buy Trust Wallet?
Once you've created an account, you will need to deposit funds to buy TWT with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to to buy TWT:
- Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
- Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
- Cryptocurrency: You can usually purchase TWT by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for TWT on the spot market to see what cryptocurrencies it can be traded for.
What is the easiest way to buy Trust Wallet?
The easiest way to buy TWT is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Best Trust Wallet wallets to store your TWT
You can keep your TWT on the exchange you purchased it on, or move it to a personal wallet:
- Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
- Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your TWT below.
Is Trust Wallet a good investment?Trust Wallet Token has extremely low fees and near-instant confirmations, making it an attractive project, but be aware that it only operates on Binance Smart Chain and this could limit its growth in the longer term.
- Utility. While some are using TWT token as a speculative investment tool, be aware that it cannot be used outside of the Trust Wallet platform, so this by nature limits its utility.
- Security. If Binance Smart Chain continues to see the types of hacks on DeFi protocols that use its blockchain that we have seen to date, this could impact the price of the TWT token. In March 2021, CoinDesk reported how, just 1 day after launching, DeFi platform Meerkat Finance was drained of $31 million. And 2 months later, according to CryptoSlate, BurgerSwap was hacked for $7.2 million. Decrypt then reported in June 2021 how Impossible Finance lost $500,000 in a flash loan attack.
- Ties to Binance. This token will rise and fall with the fortunes of Binance, and while there is no published list of employees, it is understood that people working on Trust Wallet also have roles in similar positions for the parent company. These extremely close ties do benefit Trust Wallet Token to some extent, given the size, scale and popularity of Binance's crypto empire, but be aware that this is a double-edged sword. Binance has come in for heavy criticism recently from market regulators in various countries. The UK's Financial Conduct Authority has officially banned its UK subsidiary, Japan has warned that it is not authorised to operate in the country and US watchdog the CFTC has an open probe into Binance ongoing. If Binance continues to fall foul of regulators, it could face heavy penalties and could even be locked out of markets worldwide. This would likely impact negatively on the TWT price.
Today's Trust Wallet price versus ATH
Compare today's price of Trust Wallet ($1.20 USD) against its all-time high (ATH) price of $2.72 on December 11, 2022. The closer the bar is to 100%, the closer TWT is to reaching its ATH again.
How do I trade, convert or sell Trust Wallet?You can convert or sell your TWT with the same exchange you bought it through:
- Sign in to the exchange you have TWT on.
- If you store your Trust Wallet in a digital wallet, compare crypto exchanges to convert or sell it on.
- Choose Sell or Convert and place a sell order.
- Choose the amount of TWT you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of Trust Wallet.
- Complete your transaction and move your TWT to a wallet for storage.
How to buy other cryptos
Are you visiting from outside the US?
More guides on Finder
How to buy PEPE (Ordinals) (PEPE)
This guide provides step-by-step instructions on how to buy PEPE (Ordinals), lists some exchanges where you can get it and provides daily price data on Ordinals.
Best crypto to buy now
Our expert guide on how to choose the best crypto to buy right now.
Solana (SOL) price prediction
Read our expert analysis on Solana and how the token will perform in the future.
How to buy Shiba Inu coin (SHIB) in
Learn how to buy in with our simple step-by-step guide and tips on what to know before you get started.
How to buy Dogecoin (DOGE)
Learn how to buy Dogecoin in the US with our simple step-by-step guide and tips on what to know before you get started.
How to buy Solana (SOL)
Learn how to buy Solana in the US with our simple step-by-step guide and tips on what to know before you get started.
How to buy XRP (XRP)
Learn how to buy Ripple in the US with our simple step-by-step guide and tips on what to know before you get started.
How to buy BNB (BNB)
Learn how to buy Binance Coin in the US with our simple step-by-step guide and tips on what to know before you get started.
How to buy Cardano (ADA)
Learn how to buy Cardano in the US with our simple step-by-step guide and tips on what to know before you get started.
How to buy Litecoin (LTC)
Learn how to buy Litecoin in the US with our simple step-by-step guide and tips on what to know before you get started.