How to buy Trustswap (SWAP) in Australia
Learn how to buy Trustswap (SWAP) easily by following a step-by-step guide and compare 10+ crypto exchanges.
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How to buy Trustswap
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Trustswap.
- Open an account on an exchange that supports SWAP.
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.
- 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 Trustswap.
- Buy Trustswap.
Complete your Trustswap purchase and then find the best wallet to store SWAP.
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 466th largest cryptocurrency in the world by market cap, valued at $100,591,906. The current price of Trustswap is $1.28, which is -7.602% lower than yesterday. Prices have ranged between $1.39 and $1.27 over the past 24 hours. All prices are listed in US dollars and accurate as of January 17, 2022 07:01 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.
Is it a good time to buy Trustswap?
The technical analysis gauge for Trustswap displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Trustswap based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Trustswap: moving averages, oscillators and pivots. Finder is not responsible for how SWAP performs.
Trustswap at a glance
|Total SWAP supply||99,995,165|
|All time high||US$5.00|
|All time high date||April 16, 2021|
|Notable team members||Jeff Kirdeikis and Adam Barlam|
|Token uses||Staking, governance, rewards, platform discounts|
Trustswap price performance over time
How to sell Trustswap
You can cash out your SWAP with the same exchange you bought it through:
- 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.
- Place a sell order.
Choose the amount of SWAP you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Trustswap.
What to consider when buying TrustswapInvesting 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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Disclaimer: Cryptocurrencies, including Trustswap, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SWAP 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 Trustswap or any other cryptocurrency discussed.
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