Trust Wallet Token (TWT) Coin Price Index

In this article we’ll discover how Trust Wallet Token (TWT) works within the broader crypto ecosystem, what benefits may arise from holding TWT, and learn how Trust Wallet Token price charts can reveal potential opportunities.

What is a Trust Wallet Token (TWT)?

Developed as a BEP-2 asset on Binance Chain, Trust Wallet Token’s design evolved into a BEP-20 token on the revamped Binance Smart Chain in October 2020. This utility token offers a range of enhanced features to cryptocurrency enthusiasts who choose Trust Wallet as their gateway to the digital economy. The mobile app supports multi-asset functionality, and integrates seamlessly with a range of popular token and coin networks. Participants that elect to acquire TWT can vote in Trust Wallet governance matters, and weigh in on potential updates to the protocol’s performance.

Additionally, TWT can be transacted for in-app purchases, and help facilitate actions on DEXs at competitive or reduced rates. Like many native tokens that grease the wheels of exchange and ecosystem architecture, TWT has become a store of value in its own right, and enjoys popularity beyond immediate Trust Wallet users. Following the debut of Binance Smart Chain, TWT was among the initial networks to announce its integration, along with modest fees and rapid confirmation for curious traders.

Who are the Founders of Trust Wallet?

As a veteran of supply chain and logistics technology, Trust Wallet founder Viktor Radchenko understood the limitations and frustrations of unwieldy systems. Noticing a crucial gap in digital infrastructure for Ethereum’s growing influence, Radchenko uncovered a dearth of mobile applications equipped to accommodate the smart contract platform’s ready-made ERC-20 tokens. This inspired the Mountain View, California-based developer to begin work on the versatile Trust Wallet mobile app, which hit the market in 2017. 

Recognizing the tool’s potential, it was quickly snapped up by Binance in July of 2018, where Radchenko went to work as a member of the in-house team. In March of 2022, it was announced that Radchenko would be stepping down as Trust Wallet’s CEO “to spend more time with his family and fun projects” according to a statement on Trust Community. At the time, Binance Marketing Vice President, Eowyn Chen, was named as Radchenko’s successor.

How does Trust Wallet Token Work?

Like other popular soft wallets, Trust Wallet aims to make transacting in the digital economy as intuitive as possible. Since its inception, Trust Wallet has worked to integrate over 63 blockchain networks, and put over a million digital assets at the fingertips of its global community. This has enabled it to build a reputation as one of the most inclusive on-ramps to buy crypto, and track the action of real-time market movements. Trust Wallet Token’s role as a governance token puts participants in the driver’s seat for deciding the network’s future. Along with offering in-app incentives and discounted fees to token holders, traders outside the Trust Wallet community have also shown interest in the success of its currency.

Trust Wallet’s visionary expansion of crypto’s connective tissue to enable cross-chain transactions and frictionless exchange helped smart contracts blossom into what would become decentralized finance, or DeFi. Like red blood cells, TWT plays an integral role in the circulatory system of the Trust Wallet ecosystem for both crypto purchases and peer-to-peer arrangements. By “extending” ERC-20 tokens into Binance Smart Chain BEP-20 tokens, TWT’s unique design helps bridge disparate networks for greater industry harmony. Just as oxygen refreshes depleted blood passing through the lungs, TWT assists users to interact with a wider array of tokens by granting greater dexterity among available markets.

What’s the Trust Wallet Token Price History?

Trust Wallet’s native token, TWT, has a max supply of one billion, and an all-time high price of $2.72, which occurred on December 11, 2022. From this peak, TWT experienced a broken descent with a few hiccups of renewed vigor. A relatively low-value asset, the TWT historical price can help set reasonable expectations for new and seasoned traders.

What’s the current TWT Price Index?

In a fast-paced industry like crypto, keeping up with the latest developments is key to identifying potential opportunities. Determining the right time to buy bitcoin, sell USDT, or swap BTC to USD can require careful attention and a firm knowledge base to understand complex data visualizations. While live price tracking is available on a number of platforms and outlets throughout the crypto ecosystem, it’s important to choose a trusted guide to convey such vital information. CEX.IO’s collaboration with TradingView continues to make live crypto prices available to our global community.

Where to buy Trust Wallet Token (TWT)?

To purchase most digital assets, curious participants should determine which cryptocurrency exchange or platform best suits their unique needs. A number of factors can determine an on-ramp’s eligibility, such as local regulations, available payment methods, and the overall authenticity of the services. Websites that promise too-good-to-be-true financial outcomes, post dubious or poorly written content to their web pages and social media feeds, or carry a negative reputation in the media should raise red flags. That’s why it’s important to read fellow participant reviews, conduct independent research, and base decisions on a clear-eyed personal risk assessment before putting value on the line. Once those parameters have been ironed out, choosing the right place to buy BNB, buy Filecoin, or buy Ethereum can be a much smoother endeavor.

How to buy Trust Wallet Token (TWT)?

Once a crypto exchange has been selected, navigate toward listings on the site or mobile app to determine Trust Wallet Token’s availability. Established companies will have often sought partnerships with legacy and emerging payment solutions to remain competitive via an array of accessible rails. This can include traditional financial verticals, such as the ability to buy bitcoin with a bank account, or more contemporary solutions, like the potential to buy bitcoin with PayPal. Such integrations can not only imply a company’s standing vis-a-vis its competitors, but also the depth of its willingness to center the user experience. Oftentimes, professional collaborations are predicated by special accreditation, licenses, or certificates from government or third-party regulators to ensure the quality of services and adherence to local policies. Knowing how to recognize both can go a long way to weeding out shady companies that could have ulterior, black hat intentions.

FAQ

Is Trust Wallet Token (TWT) available on CEX.IO?

Yes, Trust Wallet Token (TWT) may be purchased platform wide by users in eligible jurisdictions. While some accessibility may be impacted by regulatory conditions pertaining to both product and regional asset availability, this can be quickly determined with your CEX.IO account. By logging in and navigating toward listings or Instant Buy, users have the ability to add TWT to their portfolios through a variety of convenient means. Regardless of one’s familiarity with traditional or decentralized payment rails, CEX.IO and its own mobile app make acquiring new assets a quick and painless process. Potential buyers can view current TWT price trends, track the Trust Wallet token price over time, and, with practice, conduct in the moment price analysis to calculate advantageous positions. All this functionality is built into an intuitive design that allows users to take the next step on their crypto journey with just a few clicks or taps.

What should I know before buying Trust Wallet Token (TWT)?

Like any speculative purchase that involves risk, users consulting a Trust Wallet Price chart should make sure to consider what they're willing to lose before putting their money on the line. Given the erratic, unpredictable nature of crypto markets, it’s wise to weigh opportunities alongside their worst outcomes to avoid uncomfortable or detrimental surprises. However, when proper precautions are coupled with sound reasoning and judgment, crypto can prove a viable pathway to financial freedom for prudent market participants. If doubts continue to linger, consider embarking on a deeper learning journey to gain critical insight into the industry, and its broader workings, before jumping in with both feet.

What payment methods are available on CEX.IO?

Since 2013, CEX.IO has spent just over a decade fostering strategic, nurturing partnerships with established and emerging solutions operating in the crypto space. This is best encapsulated by the pioneering integration with Visa and Mastercard in 2014, enabling users to purchase Bitcoin with a credit card for the first time in crypto’s history. Since then, CEX.IO has expanded its integrated services to include bank accounts, open banking, and enterprise payment services. Now, users can choose to use a debit card, or buy crypto with Apple Pay, depending on the transaction rates, or current holdings. For a complete list of available payment methods, visit CEX.IO or download the CEX.IO App.