Trust Wallet Token (TWT)


What Is Trust Wallet Token (TWT)?

Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum, Binance and TRON blockchains. More

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What Is Trust Wallet Token (TWT)?

Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum, Binance and TRON blockchains. More

Product code: P00047 Shipment and payment

Holders of TWT tokens unlock a variety of benefits when using Trust Wallet, including discounts on in-app cryptocurrency purchases and on the use of decentralized exchange (DEX) services. TWT holders can also participate in the governance of Trust Wallet and can vote on Trust Wallet update proposals, helping to shape the development of the app.

Trust Wallet Token was initially launched as a BEP-2 asset on Binance Chain, but was relaunched as a BEP-20 token on Binance Smart Chain in October 2020.

What Makes Trust Wallet Token Unique?

Trust Wallet Token is a utility token designed to provide additional value to users of the Trust Wallet mobile app — it doesn’t have any utility outside of the Trust Wallet ecosystem.

Despite this, as a BEP-20 asset, Trust Wallet Tokens can be transferred to any wallet that supports Binance Smart Chain assets, where it may be exchanged against other assets or used as payment for services. Since it also confers voting rights and governance over the development of Trust Wallet and can be used for discounted DEX trades and in-app purchases, TWT has gone on to develop value of its own as a speculative instrument.

TWT was also one of the first tokens to launch on Binance Smart Chain (BSC) — a high-performance blockchain designed for smart contracts and decentralized applications (DApps). As a result, TWT can be transferred with extremely low fees and near-instant transaction confirmation times.