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How to buy Trust Wallet (TWT) in the UK

Learn how to buy Trust Wallet (TWT) in our step-by-step guide.

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Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.

Trust Wallet (TWT) is the 100th largest cryptocurrency by market cap, valued at US$395,106,956.

Trust Wallet is a highly volatile asset capable of major price swings in a single day. Today TWT is trading for $0.948979 USD, which is higher than yesterday's trading price of $0.8657789423 USD. Over the past year, Trust Wallet's price has seen an increase of 51%.

So before you buy Trust Wallet, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how 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.

  1. Compare crypto exchanges
    The 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.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Trust Wallet
    You 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.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy Trust Wallet in the UK

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 exchange.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
1 - 2 of 2
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Kriptomat Cryptocurrency Exchange
EXCLUSIVE
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

347
cryptocurrencies

Sign up with code FINDER15 and get EUR 15 in BTC the first time you spend over EUR 100. T&Cs apply.
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CEX.IO Cryptocurrency Exchange
4.5★★★★★(16)
CEX.IO Cryptocurrency Exchange
Bank transfer (ACH), Credit card, Bank transfer (SEPA), Faster Payments Service, Skrill
USD, EUR, GBP, RUB

144
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
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How we keep this Trust Wallet guide up-to-date

  • TWT price data is regularly updated through data feeds so you always have the latest information.
  • Trust Wallet performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

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 the UK 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 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.

Before buying TWT, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Trust Wallet has been performing recently.

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.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

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 ($0.948979 USD) against its all-time-high price of $2.72 USD on 11 December 2022. The closer the bar is to 100%, the closer TWT is to reaching its ATH again.

Trust Wallet's price: $0.948979
ATH date: December 11, 2022
34.89%

Trust Wallet ATH: $2.72


How to trade, convert or sell Trust Wallet

You can convert or sell your TWT with the same exchange you bought it through:
  1. Sign in to the exchange you have TWT on.
  2. If you store your Trust Wallet in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of TWT you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Trust Wallet.
  6. Complete your transaction and move your TWT to a wallet for storage.
  1. Cointelegraph
  2. Coindesk
  3. CryptoSlate
  4. Financial Conduct Authority
  5. Decrypt
  6. Data by CoinGecko

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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