How to buy Trustswap (SWAP) in the US

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Trustswap?

TrustSwap aims to provide an easy, inexpensive and safe way for individuals to make payments using smart contracts and eliminate the need to hire trusted third parties like lawyers. TrustSwap was created in 2020 when the CEO Jeff Kirdeikis realised in order for a venture capital firm to invest in his company in exchange for a native cryptocurrency, he had to hire expensive lawyers to ensure the VC doesn’t sell the tokens all at once, therefore crashing the price. Its flagship product is TrustSwap Launchpad which crypto startups can use to lockup tokens for the team, developers and early adopters.

SWAP is the native currency of TrustSwap and it is designed so that the SWAP supply continually decreases over time. According to the white paper this will continually increase the scarcity of SWAP tokens.

Trustswap (SWAP) is the 432nd largest cryptocurrency in the world by market cap, valued at $52,457,958. The current price of Trustswap is $0.810802, which is -2.309% lower than yesterday. Prices have ranged between $0.841276 and $0.78605 over the past 24 hours. All prices are listed in US dollars and accurate as of July 29, 2021 02:07 UTC.

Where to buy Trustswap

Find an exchange to buy, sell and trade SWAP by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Trustswap at a glance

Information last updated July 29, 2021 02:07 UTC.

Coin symbol	SWAP
Total SWAP supply	99,996,776
Circulating SWAP	64,671,250
Current price	US$0.810802
All time high	US$5.00
All time high date	April 16, 2021
Notable team members	Jeff Kirdeikis and Adam Barlam
Partnerships	Shopping.io, DuckDAO
Industry	Decentralized finance
Token uses	Staking, governance, rewards, platform discounts
Network	Ethereum

Trustswap price performance over time

Historical prices compared with the price of US$0.810802.

1 hour	0.23%
24 hours	-2.31%
7 days	12.73%
14 days	9.52%

30 days	5.27%
60 days	-15.24%
200 days	11.30%
1 year	167.23%

How to sell Trustswap

You can cash out your SWAP with the same exchange you bought it through:

1. Sign in to the exchange you have SWAP on.
   If you store your Trustswap in a digital wallet, compare crypto exchanges to sell it on.
2. Place a sell order.
   Choose the amount of SWAP you'd like to sell.
3. Complete your transaction.
   Confirm the sell price and fees and close your sale of Trustswap.

What to consider when buying Trustswap

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 unlocking free airdrops, gaining guaranteed access to launchpad and accessing 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.

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