Trust Wallet Token (TWT) is a BEP-20 utility token that enhances the user experience within the Trust Wallet ecosystem, a mobile cryptocurrency wallet supporting a variety of digital assets across multiple blockchains. TWT offers various benefits to its holders, such as discounts on in-app purchases and decentralized exchange services, as well as governance rights in the development of Trust Wallet.
Initially introduced on the Binance Chain as a BEP-2 asset, TWT was relaunched on the Binance Smart Chain (BSC) in October 2020. This move to BSC enabled TWT to be transferred with low fees and fast transaction times, leveraging the high-performance capabilities of the BSC network.
While TWT’s utility is confined to the Trust Wallet application, it can be transferred to any wallet that supports BSC assets. Its value extends beyond the app, as it can be exchanged with other assets, used for payment, and held as a speculative investment due to its governance features.
TWT is not only functional within the Trust Wallet platform but also serves as a speculative asset and a means of participating in the governance of the wallet’s development. The token can be used to obtain discounted rates on DEX trades and other in-app transactions.
For those interested in purchasing TWT, it is available on Binance, the world’s leading cryptocurrency exchange by volume. Users can register on Binance, deposit fiat currency, and buy TWT using various trading pairs. Moreover, Binance offers the option to place limit orders for TWT, allowing purchases at desired prices.