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TWT Price Live Data

The live Trust Wallet Token price today is $1.28 USD with a 24-hour trading volume of $53,872,150 USD. We update our TWT to lớn USD price in real-time. Trust Wallet Token is up 8.33% in the last 24 hours. The current ranking is #150, with a live market cap of $445,322,928 USD. It has a circulating supply of 346,951,186 TWT coins and the max. Supply is not available.

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If you would lượt thích to know where khổng lồ buy Trust Wallet Token, the top cryptocurrency exchanges for trading in Trust Wallet Token stock are currently Binance, CoinTiger, Hotcoin Global, BingX, and KuCoin. You can find others listed on our crypto exchanges page.

To find out even more about this project, check out our deep dive of Trust Wallet Token.

What Is Trust Wallet Token (TWT)?

Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits & incentives to Trust Wallet users. Trust Wallet itself is a thiết bị di động cryptocurrency wallet that supports dozens of popular native assets, in addition khổng lồ popular tokens on the Ethereum, Binance và TRON blockchains.

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

Who Are the Founders of Trust Wallet Token

Trust Wallet was founded by Viktor Radchenko in 2017. Based in Mountain View, California, Radchenko previously held development và engineering roles at several tech firms, and also co-founded Trucker Path in 2013 — the company behind one of the most popular apps for truckers và logistics firms.

Radchenko turned his attention to the sản phẩm điện thoại cryptocurrency wallet industry when he found that “app stores did not have any xuất hiện source wallets for Ethereum và ERC20 tokens.”

The platform was acquired by Binance in July 2018 for an undisclosed sum, but Radchenko still works on the platform as part of the Binance team. The full Trust Wallet team is not public, but it is known khổng lồ comprise over trăng tròn individuals — many of which have overlapping roles at Binance.

What Makes Trust Wallet Token Unique?

Trust Wallet Token is a utility token designed lớn provide additional value to users of the Trust Wallet mobile tiện ích — 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 lớn 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 & 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 khổng lồ 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 & near-instant transaction confirmation times.

Relevant Pages

Binance Coin (BNB) is the cryptocurrency that powers the Binance Smart Chain.

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How Many Trust Wallet Token (TWT) Coins Are There in Circulation?

As part of the transition khổng lồ Binance Smart Chain, 99% of the original TWT token supply was burned và the new maximum supply was phối at 1 billion TWT — of this, just over a quarter is currently in circulation.

The circulating supply of TWT will gradually grow as TWT tokens are earned by Trust Wallet users for completing various tasks, such as by participating in referral campaigns, taking quizzes and completing tasks within the app — lượt thích cryptocurrency staking & trading.

As per the official source, 40% of the TWT token supply will be targeted towards user acquisition, 15% will be distributed to the Trust Wallet community, 30% will be held in reserve and 15% is allocated khổng lồ developers. As of October 2020, Trust Wallet has not yet published the full tokenomics or emission schedule for the Trust Wallet Token.

How Is the Trust Wallet Token Network Secured?

Based on Binance Smart Chain, the Trust Wallet Token is backed by a rigorously tested proof-of-stake (POS) consensus mechanism. This is used lớn protect the network against a range of potential threats, including 51% và Sybil attacks.

It’s also protected by a generous bug bounty program operated by Binance, which pays up lớn $10,000 in BNB khổng lồ anybody that discovers a vulnerability on Binance Chain and its vi xử lý core smart contracts.

Beyond this, as a BEP-20 asset, TWT is secured by the security of the wallet software used khổng lồ manage it. For Trust Wallet, this includes a passcode security lock & a 12-word recovery phrase.

Where Can You Buy Trust Wallet Token (TWT)?

Trust Wallet Token is available to lớn purchase và trade on a variety of platforms — including both centralized and decentralized exchanges. MXC & Binance DEX are among the most liquid exchanges for TWT. The token is currently tradable against a range of other cryptocurrencies, including Tether (USDT), Bitcoin (BTC) và Binance Coin (BNB).

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Looking to buy cryptocurrencies like Trust Wallet Token with fiat? Find out how here.

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