How to buy Trust Wallet Token (TWT) in Australia

A beginner's guide to buying and selling TWT in Australia.

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How to buy Trust Wallet Token

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Trust Wallet Token.

  1. Open an account on an exchange that supports TWT.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Trust Wallet Token.
  3. Buy Trust Wallet Token.
    Complete your Trust Wallet Token purchase and then find the best wallet to store TWT.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Trust Wallet Token?

Trust Wallet Token (TWT) is a BEP-20 token on Binance Smart Chain (BSC) and the native cryptocurrency of the Trust Wallet mobile cryptocurrency wallet. TWT holders can use their tokens to access incentives and benefits inside the app, including discounts when buying or selling cryptocurrency, connecting to DeFi and DEX platforms like Kyber and Binance DEX, as well as voting on updates to the ecosystem and participating in other governance. Cryptocurrency exchange giant Binance bought Trust Wallet in 2018. When it was relaunched in October 2020, it was one of the first projects to launch on BSC. According to Cointelegraph, it has amassed over 5 million users, and Trust Wallet says around 10% of customers are accessing DeFi protocols for lending and borrowing cryptos.

Trust Wallet Token (TWT) is the 173rd largest cryptocurrency in the world by market cap, valued at $385,158,265. The current price of Trust Wallet Token is $1.11, which is 8.031% higher than yesterday. Prices have ranged between $1.16 and $1.03 over the past 24 hours. All prices are listed in US dollars and accurate as of September 24, 2021 01:09 UTC.

Where to buy Trust Wallet Token

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.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

284
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

307
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

276
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

806
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
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Compare up to 4 providers

Trust Wallet Token at a glance

Information last updated September 24, 2021 01:09 UTC.
Coin symbolTWT
Coin MarketcapUS$385,158,265
Total TWT supply1,000,000,000
Circulating TWT346,951,186
Current priceUS$1.11
All time highUS$1.64

Trust Wallet Token price performance over time

Historical prices compared with the price of US$1.11.

1 hour 0.03%
24 hours 8.03%
7 days -15.34%
14 days -16.19%
30 days 20.07%
60 days 250.86%
200 days 118.00%
1 year 4,301.27%

How to sell Trust Wallet Token

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

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

What to consider when buying Trust Wallet Token

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.

Disclaimer: Cryptocurrencies, including Trust Wallet Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of TWT 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 Trust Wallet Token or any other cryptocurrency discussed.

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