Trust Wallet Token (TWT) Price
Trust Wallet Token Price
Technical Analysis
Daily indicators based on 1d candle data
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
| Exchange | Market Pair | Price | Depth +2% | Depth -2% | Volume 24H | Volume % | Type | Liquidity Rating | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| BitonEx | TWT/USDT | 0.71 | 24,917.32 | 91,563.10 | 1.14 M | 0.11 | cex | 55.00 | 7/9/2025, 6:21 AM |
| GroveX | TWT/USDT | 0.71 | 145,593.46 | 102,527.63 | 903,823.64 | 0.07 | cex | 440.00 | 7/9/2025, 6:18 AM |
| Hotcoin | TWT/USDT | 0.71 | 44,088.29 | 75,475.02 | 530,157.39 | 0.07 | cex | 403.00 | 7/9/2025, 6:23 AM |
| TruBit Pro Exchange | TWT/USDT | 0.71 | 22,641.52 | 21,818.19 | 471,303.80 | 0.12 | cex | 289.00 | 7/9/2025, 6:21 AM |
| Zedcex Exchange | TWT/USDT | 0.71 | 2,182.60 | 2,131.76 | 451,847.55 | 0.00 | cex | 1.00 | 7/9/2025, 6:15 AM |
| Tapbit | TWT/USDT | 0.71 | 3,849.12 | 3,858.31 | 419,626.17 | 0.03 | cex | 237.00 | 7/9/2025, 6:18 AM |
| Biconomy.com | TWT/USDT | 0.71 | 2,399.75 | 2,579.73 | 340,206.40 | 0.07 | cex | 365.00 | 7/9/2025, 6:15 AM |
| Deepcoin | TWT/USDT | 0.71 | 21.40 M | 21.14 M | 334,683.78 | 0.06 | cex | 797.00 | 7/9/2025, 6:21 AM |
| Toobit | TWT/USDT | 0.71 | 157,828.99 | 139,795.57 | 308,838.43 | 0.02 | cex | 538.00 | 7/9/2025, 6:21 AM |
| VOOX Exchange | TWT/USDT | 0.71 | 9,568.54 | 4,983.04 | 308,147.63 | 0.05 | cex | 135.00 | 7/9/2025, 6:21 AM |
Trust Wallet Token FAQ
Trust Wallet Token (TWT) is a BEP-20 utility token that offers a range of benefits and incentives to users of Trust Wallet. Trust Wallet is a mobile cryptocurrency wallet that supports a wide array of popular native assets, along with leading tokens on the Ethereum, Binance, and TRON blockchains. Users holding TWT tokens gain access to various advantages when using Trust Wallet, such as discounts on in-app cryptocurrency purchases and the utilization of decentralized exchange (DEX) services. TWT holders are also empowered to participate in the governance of Trust Wallet, allowing them to vote on update proposals and influence the app's development. Initially launched as a BEP-2 asset on Binance Chain, Trust Wallet Token was subsequently reintroduced as a BEP-20 token on Binance Smart Chain in October 2020.
Trust Wallet Token is a utility token designed to provide additional value to users of the Trust Wallet mobile app, with no utility outside of the Trust Wallet ecosystem. Nevertheless, as a BEP-20 asset, Trust Wallet Tokens can be transferred to any wallet supporting Binance Smart Chain assets, where they may be exchanged for other assets or used as payment for services. Since it also grants voting rights and governance over the development of Trust Wallet, and can be used for discounted DEX trades and in-app purchases, TWT has developed value as a speculative instrument. TWT was also among the first tokens to launch on Binance Smart Chain (BSC), a high-performance blockchain designed for smart contracts and decentralized applications (DApps). Consequently, TWT can be transferred with extremely low fees and near-instant transaction confirmation times.
In the transition to Binance Smart Chain, 99% of the original supply of TWT tokens was burned, setting the new maximum supply at 1 billion TWT. Currently, just over a quarter of this supply is in circulation. The circulating supply of TWT is expected to increase as Trust Wallet users earn TWT tokens through various activities. These activities include participating in referral campaigns, completing quizzes, and engaging in tasks within the app, such as cryptocurrency staking and trading. According to official sources, the allocation of TWT token supply is as follows: 40% will be dedicated to user acquisition, 15% will be distributed to the Trust Wallet community, 30% will be held in reserve, and 15% will be allocated to developers. As of October 2020, Trust Wallet has not yet released the complete tokenomics or emission schedule for the Trust Wallet Token.
Based on Binance Smart Chain, the Trust Wallet Token is supported by a rigorously tested proof-of-stake (POS) consensus mechanism. This mechanism is employed to safeguard the network against various potential threats, including 51% and Sybil attacks. It is also reinforced by a comprehensive bug bounty program managed by Binance, which offers up to $10,000 in BNB to anyone who identifies a vulnerability in Binance Chain and its core smart contracts. Additionally, as a BEP-20 asset, TWT benefits from the security of the wallet software used for its management. For Trust Wallet, this includes a passcode security lock and a 12-word recovery phrase.
Trust Wallet Token can be purchased and traded on a range of platforms, encompassing both centralized and decentralized exchanges. Among the most liquid exchanges for TWT are MXC and Binance DEX. The token is currently available for trading against various cryptocurrencies, including Tether (USDT), Bitcoin (BTC), and Binance Coin (BNB). Interested in buying cryptocurrencies like Trust Wallet Token with fiat? Learn how here.
Trust Wallet was established in 2017 by Viktor Radchenko in Mountain View, California. Prior to this, Radchenko had held development and engineering positions at various technology companies, and in 2013, he co-founded Trucker Path, the company responsible for creating a highly popular app for truckers and logistics companies. Radchenko shifted his focus to the mobile cryptocurrency wallet sector upon realizing that “app stores did not have any open source wallets for Ethereum and ERC20 tokens.” The platform was acquired by Binance in July 2018 for an undisclosed amount. While the full Trust Wallet team has not been publicly disclosed, it is known to consist of over 20 members.
Binance Coin (BNB) is the cryptocurrency that fuels the Binance Smart Chain. Explore information on Crypto.com Coin (CRO). Discover how to utilize a Bitcoin Wallet with Eulerpool Alexandria. Keep updated with market trends through the Eulerpool blog.
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