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Learn more about Trust Wallet Token
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Trust Wallet Token (TWT) price has increased today.
Trust Wallet Token (TWT) is priced at $1.10 today, with a 24-hour trading volume of $9,071,435.65. It is reflecting a 3.03% increase over the last 24 hours and a 2.25% increase over the past 7 days. With a circulating supply of 417 Million TWT, Trust Wallet Token’s current market cap is at $459,815,783.64.
Introducing Trust Wallet Token (TWT): A Handy Guide
Trust Wallet Token (TWT) is a useful token that works with the Trust Wallet app.
It’s created using the BEP-20 standard and works on different blockchain networks like Ethereum, Binance, and TRON.
Trust Wallet is an app that helps you manage your cryptocurrency on your mobile.
Holding TWT is Beneficial
If you hold TWT, you get some cool perks in the Trust Wallet app. For example, you can buy cryptocurrency at a discount and get cheaper services in the app.
You also get a say in the app’s updates and features by voting on them.
TWT Transitioned to a New Format
In October 2020, TWT shifted from being a BEP-2 asset on Binance Chain to a BEP-20 token on Binance Smart Chain.
Discover the Uniqueness of Trust Wallet Token
TWT adds value for people using the Trust Wallet app and doesn’t do anything outside that app. It can be moved to any wallet that supports Binance Smart Chain assets and traded for other things there.
TWT is valuable because it lets holders vote on app updates, get cheaper trades, and buy stuff in the app at a discount.
It was also one of the first tokens on Binance Smart Chain, which allows it to have low fees and fast transactions.
Get to Know the Circulating TWT Supply
When TWT moved to Binance Smart Chain, the supply dropped, and now there is a maximum of 1 billion TWT.
Just over 40% of those tokens are in circulating as of late 2023. More TWT will come into use as Trust Wallet users get them for doing things like referring friends and trading in the app.
The TWT supply are used in several ways:
- 40% for getting new users
- 15% for the Trust Wallet community
- 30% kept in reserve
- 15% for developers
Securing the Trust Wallet Token Network
TWT is safe because it uses Binance Smart Chain and a system called proof-of-stake to protect against threats.
Binance also has a program that pays people up to $10,000 in BNB if they find security issues in Binance Chain.
Because TWT is a BEP-20 asset, how secure it is also depends on the wallet software managing it. Trust Wallet helps keep it secure by letting you lock the app and recover it if needed.
Where to Buy Trust Wallet Token (TWT)
You can buy TWT on several platforms, including:
Most Used
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Binance is a great combination of low fees, deep liquidity and multiple cryptocurrencies and trading pairs. We have tested every aspect of it and it STILL holds its reign as the top exchange in the world. In our view, it is the perfect crypto exchange for both newbies and advanced traders alike.
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Biggest exchange in the world.
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Industry's lowest trading fees.
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Advance trading options like leverage trading.
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600+ crypto options, 150+ for the US.
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Lucrative on-site staking options.
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Hiccups in account verification.
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Less regulated than some competitors.
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The corporate structure is not transparently.
Trending
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Bybit is a leading futures trading platform globally, offering up to 100x leverage and attracting users who prefer to remain anonymous. With a presence in 180+ countries, it is renowned for its efficiency and unique features in cryptocurrency derivatives trading.
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The platform offers up to 100x leverage trading.
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Strong educational resources.
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Diverse markets for traders, spot, perp, and futures.
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Risk-free demo accounts to explore all key features.
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TradingView integration.
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The platform is difficult for beginners to navigate.
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It does not offer a quality spot trading feature.
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The NFT marketplace is limited in terms of options.
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Security is of the gold industry standard.
Coinweb’s Crypto Wiki can provide educational resources for those new to cryptocurrencies and interested in purchasing XRP.
A token used with the Trust Wallet app, offering perks like discounts and voting on app updates.
TWT operates on blockchain networks like Ethereum, Binance, and TRON.
Holding TWT gives you app perks, such as crypto buying discounts and a say in app updates through voting.
Yes, in October 2020, TWT shifted from a BEP-2 to a BEP-20 token on Binance Smart Chain.
You can buy TWT on platforms like Binance and ByBit.
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