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How to buy Trustswap (SWAP)

Learn how to buy Trustswap (SWAP) in our step-by-step guide.

Where to buy Trustswap

It looks like SWAP may not be available to purchase on an exchange in the US.

You can still purchase SWAP by using a decentralized exchange (DEX) instead. Decentralized exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you're unfamiliar.

How to purchase SWAP using a decentralized exchange.
  1. Find SWAP on a decentralized exchange and make sure Trustswap can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for SWAP using an exchange like Gemini. You will need to purchase enough ETH to swap for SWAP as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for SWAP on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalize and the SWAP tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US.

Best Trustswap wallets to store your SWAP

You can keep your SWAP 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 SWAP below.
Read more

Ledger Nano X Wallet
★★★★★ 4.6

Price (USD)
$149
Supported assets
5,500+
Go to site

Trezor Model T Wallet
★★★★★ 4

Price (USD)
$219
Supported assets
1,456+
Go to site

SafePal S1 Wallet
★★★★★

Price (USD)
$49.99
Supported assets
30,000+
Go to site

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Is Trustswap a good investment?

Investing in cryptocurrencies can be risky, so it’s important you understand the risks involved. Here are some factors to consider before buying SWAP tokens:
  • Staking. When you lock your SWAP tokens, you will be rewarded with 80% of the transaction fee for every transaction paid in SWAP. The remaining 10% will go to the TrustSwap Foundation, while the other 10% will be burned to gradually decrease the supply of SWAP tokens. In addition, staking SWAP will grow your “SwapScore” which will allow you to do things like unlock free airdrops, gain guaranteed access to the launchpad and access FlashStake launchpad lotteries.
  • Supply. The SWAP token is designed to be deflationary. For each transaction fee paid in SWAP on the TrustSwap platform, 10% of the fees will be burned. This decreases the total supply of SWAP on a regular basis, which is designed to ultimately increase the value of the SWAP token.
  • Governance. As a SWAP token holder you can participate in governance voting and fund allocation.
  • Reduced fees. Using SWAP tokens, you can access a 50% discount on TrustSwap platforms compared to paying in ETH. This is designed to incentivise users to adopt SWAP as the main currency.
Read more

Today's Trustswap price versus ATH

Compare today's price of Trustswap ($0.326977 USD) against its all-time high (ATH) price of $5.00 on April 16, 2021. The closer the bar is to 100%, the closer SWAP is to reaching its ATH again.

Current price: $0.326977
All time high: $5.00
7%
93%
  1. Data by CoinGecko

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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