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HomeGuidesWhat Is Trust Wallet And What Is Trust Wallet Token (TWT)

What Is Trust Wallet And What Is Trust Wallet Token (TWT)


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The cryptocurrency exchange Binance has announced listing of the Trust Wallet Token (TWT). The price of TWT, which also rose due to the impact of the announcement, broke all time high record and reached 0.44 USD today.

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Binance, the world’s largest cryptocurrency exchange in terms of trading volume, announced that it will list the Trust Wallet token.

To Trade TWT

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According to a statement issued by the Binance exchange, TWT is listed as part of the Innovation Zone on January 27, 2021. From this date, Exchange users will be able to trade Trust Wallet tokens under TWT/BTC, TWT/BUSD and TWT/USDT pairs.

When Binance announced it would list TWT, The token set a record by rising more than 70% in one day. The Trust Wallet Token managed to position its all-time high at $0.44 on Jan, 28th, 2021. The price of TWT increased by more than 100% in 1 month.

What is Trust Wallet and Trust Wallet Token (TWT)?

Trust Wallet is a cryptocurrency wallet owned by Binance, that allows users to buy, store, exchange and earn cryptocurrencies.

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With easy access to cryptocurrencies, Trust Wallet supports Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Binance Coin (BnB), Ripple (XRP), stellar (XLM), Dash (DASH), TRON (TRX), Polkadot (DOT), Tezos (XTZ), Cosmos (ATOM), Kava (KAVA) and Dogecoin (DOGE) cryptocurrencies.

Other than that Trust wallet stores all ERC20, BEP-2 and BEP 20 tokens.

Trust Wallet allows its users to earn interest and staking rewards on cryptocurrencies stored in wallet.

Trust Wallet Token (TWT) is Trust Wallet’s cryptocurrency based on Binance Smart Chain BEP-2 and BEP-20. It is not an ERC20 token. The circulating supply for TWT, , is 1,000,000,000. Just like BNB, TWT token also has strong token burning plan in future. They are committed to burn tokens worth million of dollars to reduce the circulating supply with time.

Trust Wallet (TWT) Token Price Prediction

Trust wallet token was launched on April 2020, The launching price was around $0.0065. The most important factor that has caused hype for TWT token is that Binance, the world leading exchange acquired Trust wallet. 

Trust wallet is now the product of Binance exchange. Because of such acquisition and listing of TWT token on Binance, TWT price has gained significantly reaching 0.44 USD, all time on 28th, Jan, 2020.

That is insane profit for TWT holders in just few months. As trust wallet is Binance product so you can imagine that Binance will keep on bringing news innovations in trust wallet. Because of Binance name, trust wallet is trusted by millions of users, and its use will increase when crypto will be more adopted in future.

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The other significant point that will help in TWT price increase is burning of TWT token. Binance is always committed to increase price of their BNB token. They have made thousand of partnerships, implemented hundreds of plans to increase the use of BNB token. So that BNB worth increase with time.

We hope that Binance would definately like TWT prices to go up. They already have token burning plan for TWT coin to reduce TWT circulating supply over time. The lesser the supply, the higher price will go if the demand of TWT token remained stable.

Our Trust wallet token price prediction for 2021 is around $0.50 to $1.20.

Our TWT token price prediction for 2022 is around $1.50 to $2.50.

Our trust wallet token price prediction for 2025 is about $4.25 to $5.50.

To Trade TWT

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You must remember that these are just our TWT coin price prediction, we are not financial advisers. You must do your own research before buying any financial instrument.


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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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