Trust Wallet Token Price

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Trust Wallet Token SupplyCirculating SupplyTotal SupplyMax Supply
416,649,900 TWT
999,668,148 TWT
1,000,000,000 TWT

TWT Price Live Data

The live Trust Wallet Token price today is $1.21 USD with a 24-hour trading volume of $6,784,380 USD. We update our TWT lớn USD price in real-time. Trust Wallet Token is down 0.67% in the last 24 hours. The current ranking is #82, with a live market cap of $503,508,282 USD. It has a circulating supply of 416,649,900 TWT coins và a max. Supply of 1,000,000,000 TWT coins.

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If you would lượt thích to know where khổng lồ buy Trust Wallet Token at the current rate, the vị trí cao nhất cryptocurrency exchanges for trading in Trust Wallet Token stock are currently Binance, XT.COM, Bitrue, MEXC, & Phemex. 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 và incentives to lớn 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 & TRON blockchains.

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 và 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 & logistics firms.

Radchenko turned his attention lớn the smartphone cryptocurrency wallet industry when he found that “app stores did not have any mở cửa source wallets for Ethereum & 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 đôi mươi individuals — many of which have overlapping roles at Binance.

What Makes Trust Wallet Token Unique?

Trust Wallet Token is a utility token designed to lớn provide additional value khổng lồ users of the Trust Wallet mobile phầm mềm — 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 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 & governance over the development of Trust Wallet and can be used for discounted DEX trades và in-app purchases, TWT has gone on lớn develop value of its own as a speculative instrument.

TWT was also one of the first tokens to lớn launch on Binance Smart Chain (BSC) — a high-performance blockchain designed for smart contracts & decentralized applications (DApps). As a result, TWT can be transferred with extremely low fees và 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 to lớn Binance Smart Chain, 99% of the original TWT token supply was burned & the new maximum supply was set 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 ứng dụng — lượt thích cryptocurrency staking và trading.

As per the official source, 40% of the TWT token supply will be targeted towards user acquisition, 15% will be distributed to lớn the Trust Wallet community, 30% will be held in reserve và 15% is allocated to 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 to protect the network against a range of potential threats, including 51% and Sybil attacks.

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

Beyond this, as a BEP-20 asset, TWT is secured by the security of the wallet software used lớn manage it. For Trust Wallet, this includes a passcode security lock and 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 & decentralized exchanges. MXC and 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) and Binance Coin (BNB).

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