Live TWT price analysis
The current real-time price of the Trust Wallet token is US$1.31and its trading volume is equal to US$34,555,767 in the last 24 hours. TWT price has grew by
2.15%
on the last day and increased by
3.21%
in the last 7 days. It is important to note that the current market capitalization of Trust Wallet tokens US$547,515,272and the maximum offer is 1,000,000,000 TVT coins. Speaking of working resources, TWT has 416 649 900 coins. Currently, the rating of Trust Wallet Token on the market is #121.
Trust Wallet Token price today
51.96%
below
always on top and that’s it
20,186.62%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling TWT are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is a Trust Wallet Token?
Trust Wallet Token or TWT is utility token native to Trust Wallet. The latter represents cryptocurrency wallet with over 25,000,000 active users. The current Trust Wallet Token was launched 3 years after the launch of the platform itself.
TWT is based on BEP-20 token standard. It has several use cases, all related to the Trust Wallet ecosystem.
The main function of the Trust Wallet Token is to provide utility to platform users. It is mainly used to incentivize them through exclusive discounts and bonuses on in-app purchases and DEX services.
In addition, Trust Wallet token holders receive management rights. This means they can vote on proposals related to the future development of the platform.
TWT is currently a BEP-20 token, however it was originally launched as a BEP-2 token. This change was implemented at the end of 2020.
The total supply is 1,000,000,000 Trust Wallet tokens. They were distributed as follows:
- 40% — Attracting users;
- 30% – Reserve;
- 15% – Developers;
- 15% – Community.
As of July 2022, only a quarter of the total supply is part of the circulating supply. This number will increase as wallet users acquire more tokens by performing special actions. It is possible that as the token becomes more scarce, the price of the Trust Wallet token will increase.
It is important to note that the original total supply of TWT was 90,000,000,000. However, the developers concluded that they would not be able to distribute all of these tokens even if they had 50 years, so the total supply was reduced by 99%.
In addition, token holders can earn 25 TWT by inviting your friends to the platform. Another 25 TWT will be given to their friend.
Other ways to earn TWT include performing special activities on the Trust Wallet platform, such as trading, staking, and participating in events.
Users can store the Trust Wallet Token in Trust Wallet or any other Binance Chain asset-backed wallet.
Since TWT is a cryptocurrency, its price tends to fluctuate. To make an informed purchasing decision, you can take a closer look at the Trust Wallet token price history or the current TWT price in the chart above.
What are the main characteristics of the Trust Wallet token?
As discussed in the “What is Trust Wallet Token” section, Trust Wallet is a digital wallet for digital assets such as cryptocurrencies and NFTs. It runs on the BNB smart chain. As of June 2022, the platform supports 65 blockchains and more than 4,000,000 digital assets.
However, Trust Wallet is not just a platform for storage of digital assets. Besides that digital wallet with multiple coins, it also serves as a Web3 browser called Trust DApp Browser. This means that users can browse the dapps page and find new dapps directly in Trust Wallet.
Trust Wallet provides users with the ability to purchase crypto assets using a debit or credit card for a minimum of $50.
Additionally, trading on Trust Wallet is carried out using Binance DEX.
Trust Wallet comes in the form mobile app. It can be downloaded from the App Store for iOS devices and Google Play for Android devices. The desktop version of the platform was announced in 2019, but there have been no updates on this yet.
Trust Wallet uses a seed phrase to protect its users’ funds. In addition, users themselves can strengthen this protection by setting a password lock.
Trust Wallet is protected by the Proof-of-Stake (PoS) consensus algorithm. The latter is used on the Binance chain, where Trust Wallet is deployed.
It gives users the opportunity to earn crypto rewards by staking their digital assets for crypto rewards. There are 6 cryptocurrencies that can be staked: Algorand (ALGO), Space (ATOM), Tezos (XTZ), TRON (TRX), Ontology (ONT)And Vechain (VET). This list may change as developers add more cryptocurrencies to the bet.
In 2020, Trust Wallet announced that it had been added to the Binance Security Bug Bounty program, which rewards independent developers who discover vulnerabilities in the code with BNB. These BNB rewards can be worth up to $10,000.
Trust Wallet has been verified by Stateful, Six Days LLC and CertiK.
Who developed the Trust Wallet token?
The Trust Wallet Token crypto project was launched at the end of 2017. Its co-founders are Victor Radchenko, Boris ButakovAnd Maxim Rasputin.
More than 20 professionals work on the Trust Wallet platform.
Victor Radchenko remained with the project even when Binance took over management of the platform in 2018. However, in March 2022, he resigned as CEO of the project. This position will be filled by the platform’s vice president of marketing, Eowyn Chen. Radchenko promised to continue to support the project from the outside as a mentor.
Before making any decisions, be sure to check the current Trust Wallet token price in the chart above.
What is the trading volume of Trust Wallet tokens in the last 24 hours?
TWT has trading volume US$34,555,767 in the last 24 hours.
What is the highest price for a Trust Wallet Token?
TWT has the highest price US$2.74which was achieved at December 11, 2022 (1 year 2 months ago).
What is the lowest price for Trust Wallet Token?
TWT has the lowest price $0.0065which was achieved at July 31, 2020 (3 years 6 months ago).
Which exchanges are best for buying and selling TWT?
Currently, the most active and dominant exchanges for buying and selling Trust Wallet tokens are Binance, Kraken & Kucoin. The most popular Trust Wallet Token trading pairs TWT/USDT
(on
Binance
),
TWT/USDT
(on
Deepcoin
),
TWT/USDT
(on
Billiards
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the safest hardware wallets for storing TWT?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Trust Wallet Token. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
