Trust Wallet Token

Trust Wallet Token (TWT)

$0.102987 USD (-0.44%)
0.00000542 BTC (-0.73%)
0.00339306 BNB (-1.02%)
구매
거래
도박
Earn Crypto
  • 시가총액
    $25,842,259 USD
    1,359 BTC
    851,409 BNB
  • 거래량(24시간)
    $389,230 USD
    20.46951551 BTC
    12,824 BNB
  • 유통 공급량
    250,926,200 TWT

    Reported Circulating Supply

    250,926,200 TWT
  • 총 공급량
    1,000,000,000 TWT

Trust Wallet Token 정보

What Is Trust Wallet Token (TWT)?

Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum, Binance and 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 and can vote on Trust Wallet update proposals, helping to 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 and 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 and logistics firms.

Radchenko turned his attention to the mobile cryptocurrency wallet industry when he found 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 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 to comprise over 20 individuals — many of which have overlapping roles at Binance.

What Makes Trust Wallet Token Unique?

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

TWT was also one of the first tokens to launch on Binance Smart Chain (BSC) — a high-performance blockchain designed for smart contracts and decentralized applications (DApps). As a result, TWT can be transferred with extremely low fees and near-instant transaction confirmation times.

Relevant Pages

Binance Coin (BNB) is the cryptocurrency that powers the Binance Smart Chain.

Read about Crypto.com Coin (CRO).

Learn how to use a Bitcoin Wallet with CoinMarketCap Alexandria.

Stay on top of the market with the CoinMarketCap blog.

How Many Trust Wallet Token (TWT) Coins Are There in Circulation?

As part of the transition to Binance Smart Chain, 99% of the original TWT token supply was burned and 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 app — like cryptocurrency staking and trading.

As per the official source, 40% of the TWT token supply will be targeted towards user acquisition, 15% will be distributed to the Trust Wallet community, 30% will be held in reserve and 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 $10,000 in BNB to anybody that discovers a vulnerability on Binance Chain and its core smart contracts.

Beyond this, as a BEP-20 asset, TWT is secured by the security of the wallet software used to 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 purchase and trade on a variety of platforms — including both centralized and 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).

Looking to buy cryptocurrencies like Trust Wallet Token with fiat? Find out how here.

Trust Wallet Token Price Today
Trust Wallet Token 가격$0.102987 USD
24시간 최고/최저데이터 없음
24시간 거래량$389,230 USD
시가총액$25,842,259 USD
시가 순위#330
Yesterday's Trust Wallet Token Price
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Historic Trust Wallet Token Price
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Trust Wallet Token ROI
데이터 없음
Trust Wallet Token Supply Details
유통 공급량250,926,200 TWT
총 공급량1,000,000,000 TWT
최대 공급량데이터 없음
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