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What is Trust Wallet Token (TWT)?

What is Trust Wallet Token (TWT)?

KEYTAKEAWAYS

  • Trust Wallet is a leading non-custodial crypto wallet, supporting 70+ blockchains and 9M+ assets, with seamless DApp access and over 30M downloads.

     

  • TWT powers governance, discounts, staking rewards, and loyalty incentives, strengthening user participation and enhancing the Trust Wallet ecosystem.

     

  • With 99% of supply burned, TWT has a capped supply of 1B tokens, distributed to users, community, treasury, and developers to sustain long-term growth.

CONTENT

Discover Trust Wallet and its native token TWT—secure, multi-chain crypto wallet with governance utility, staking, swaps, and over 9M supported digital assets.

 

What is Trust Wallet Token (TWT)?

 


LATEST NEWS AND PRICE UPDATES ON TWT

 

Following Binance founder CZ’s recognition of its new roadmap and growth outlook, Trust Wallet Token (TWT) surged more than 50% on Friday (Sept 19), reaching as high as $1.30.

 

Since Binance acquired Trust Wallet in 2018, it has positioned the wallet as the official option for its exchange users, ensuring seamless integration with the broader ecosystem.

 

Reflecting on TWT’s journey, CZ highlighted that although 99% of the initial supply was burned, the updated roadmap focuses on expanding TWT’s utility and long-term functionality.

 

 

At the same time, Trust Wallet released a streamlined whitepaper outlining TWT’s role as an ecosystem pillar. Key functions include tiered rewards, transaction fee discounts, loyalty incentives, and governance voting rights.

 

The first batch of new applications is expected to launch in Q4 2025, with full integration planned for 2026.

 

The whitepaper also categorizes TWT’s utility into tiers—Explorer, Adventurer, and Moonwalker—encouraging higher engagement by rewarding active users. Beyond rewards, TWT is expected to play a larger role in DeFi, serving as an option for collateral or even as a form of gas payment.

 

 

TWT’s supply remains fixed, with 99% already burned and over 40% allocated to the community. As Trust Wallet expands its advanced trading and yield features, TWT is projected to become a key component within the non-custodial wallet ecosystem.


WHAT IS TRUST WALLET?

 

Trust Wallet Token (TWT) is the official token of Trust Wallet. Trust Wallet is a mobile-based cryptocurrency wallet that allows users to trade, buy, and sell digital assets and NFTs. To understand the value of TWT, it’s important to first recognize the role of Trust Wallet itself. As more people enter the crypto market, having a secure wallet—whether hardware or software—has become essential for protecting digital assets.

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➤ Official website: https://trustwallet.com/

 

As one of the most popular crypto wallets globally, Trust Wallet has been downloaded over 30 million times. Founded in 2017 by Viktor Radchenko, it is a non-custodial, multi-chain wallet application that gives users complete control of their digital assets, from cryptocurrencies to non-fungible tokens (NFTs).

 

Today, Trust Wallet is the official crypto wallet of Binance, supporting Bitcoin, Ethereum, Tron, Ripple, and over 70 blockchains, covering more than 9 million digital assets. It also enables direct access to decentralized applications (DApps). The app is available for free on Android and iOS via Google Play and Apple App Store. With its simple and intuitive interface, Trust Wallet has attracted more than 10 million active users. It has also released the Trust Wallet Browser Extension, available for Chrome, Brave, Opera, and Edge.

 

What sets Trust Wallet apart is that, unlike many other crypto wallets, it does not charge any exchange or transaction fees. Users only need to pay standard network fees (such as Ethereum’s Gas fees for ERC-20 token transfers). This makes Trust Wallet not only secure and user-friendly but also cost-efficient.

 

>>> More to read: Crypto Cold Wallet vs. Hot Wallet: What’s the Difference


KEY FEATURES OF TRUST WALLET

 

Trust Wallet is more than just a place to store your crypto assets—it comes with a wide range of features. Here’s an overview of what you can do with the Trust Wallet app:

 

✅ Buying Cryptocurrency

 

Trust Wallet allows users to purchase over 40 different cryptocurrencies using a credit or debit card. While this option is convenient, keep in mind that fees for card purchases can be higher compared to buying through centralized exchanges (CEX) such as BTCC.

 

✅ Staking Cryptocurrency

 

You can also stake crypto directly within Trust Wallet, earning rewards from the assets you hold. The app supports multiple staking options, including OSMO, BNB, XTZ, and KAVA. This provides an easy way for users to generate passive income while keeping their assets secure.

 

✅ Swapping Cryptocurrency

 

Trust Wallet comes with a built-in decentralized exchange (DEX), enabling users to swap tokens seamlessly. For example, you can exchange BEP-2 tokens for BEP-20 tokens directly inside the app. Note that network fees will still apply when performing swaps through the DEX.

 

✅ Storing and Using Stablecoins

 

Stablecoins are digital currencies designed to maintain a stable value by pegging to assets such as the U.S. dollar. With Trust Wallet, you can safely store stablecoins like Tether (USDT) and USD Coin (USDC), both backed 1:1 with the U.S. dollar. The app allows you to send, receive, and use stablecoins anywhere, with full support for standard transactions.

 

>>> More to read: Choosing the Right Cryptocurrency Exchange: CEX vs DEX


WHAT IS TWT?

 

 
 

Trust Wallet Token (TWT) is the native utility token of Trust Wallet, designed to enhance accessibility and incentivize users within the wallet ecosystem. TWT exists as both a BEP-2 and BEP-20 token, offering flexibility across chains.

 

📌 How Does TWT Work?

 

The core function of TWT lies in governance participation. Holders can vote on major decisions related to the Trust Wallet app, including updates and the addition of new features.

 

While TWT has no intrinsic value outside the Trust Wallet ecosystem, it acts as an incentive mechanism. Users holding TWT can enjoy benefits such as crypto purchase discounts, staking rewards, promotional perks, and access to app-based tasks or community campaigns.


📌 Key Use Cases of TWT

 

TWT serves multiple purposes, including:

 

  • A governance token, enabling community members to participate in decision-making and feature development.

 

  • Discounts on in-app crypto purchases, making transactions more cost-effective for users.

 

  • Incentives for engaging with DApps, referrals, and task completions, helping users transition toward the Web 3.0 ecosystem.

 

  • Serving as a loyalty mechanism, providing rewards and free access to certain app functionalities.

📌  Unique Features of TWT

 

Built on Binance Smart Chain (BSC), TWT benefits from low gas fees and fast confirmation times. Its BEP-20 standard allows seamless integration with the Trust Wallet app while remaining transferable to other crypto exchanges and wallets.


TWT TOKENOMICS

 

After migrating to BSC, 99% of the originally issued TWT supply was burned, setting the maximum supply at 1 billion TWT. Currently, about one-quarter of that supply is in circulation.

 

The circulating supply grows as Trust Wallet users earn TWT by completing in-app tasks such as staking, trading, referrals, and testing new features.

 

✏️ According to official sources:

 

  • 40% of TWT supply is allocated to user rewards.

  • 15% goes to the Trust Wallet community.

  • 30% is reserved as a treasury fund.

  • 15% is distributed to developers.

 

As of October 2020, Trust Wallet has not fully disclosed the complete long-term token release roadmap.

 

 

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DISCLAIMER

CoinRank is not a certified investment, legal, or tax advisor, nor is it a broker or dealer. All content, including opinions and analyses, is based on independent research and experiences of our team, intended for educational purposes only. It should not be considered as solicitation or recommendation for any investment decisions. We encourage you to conduct your own research prior to investing.

 

We strive for accuracy in our content, but occasional errors may occur. Importantly, our information should not be seen as licensed financial advice or a substitute for consultation with certified professionals. CoinRank does not endorse specific financial products or strategies.


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