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Homeweb3.0How to trade on Trust Wallet and what to note

How to trade on Trust Wallet and what to note

Dec 06, 2024 pm 07:49 PM
BitcoincryptocurrencyEthereum

Transactions in Trust Wallet require: Open the Trust Wallet app. Select a trading token. Enter the recipient's address (for sending) or the sender's address (for receiving). Enter the transaction amount. Set slippage tolerance (optional). Click "Submit". Considerations include: Use a secure network. Double check the address. Understand gas costs. Set reasonable transaction limits. Wait patiently for transaction confirmation. Be aware of network congestion. If you have a problem, contact support.

如何在Trust Wallet进行交易及注意事项

How to trade in Trust Wallet and precautions

How to trade

  1. Open Trust Wallet: Open the Trust Wallet app on your device.
  2. Select the token you want to send or receive: Click on the "Send" or "Receive" option on the home screen to select the token you want to trade.
  3. Enter recipient address: In the "Receive" option, enter the address of the recipient to whom you want to send tokens. In the "Send" option, enter the address to which you want to receive the tokens.
  4. Enter transaction amount: Enter the amount of tokens you want to send or receive.
  5. Set Slippage Tolerance : This is the maximum percentage of price movement that a trade can execute. If you're not sure, leave it at the default setting.
  6. Click "Submit" : Double check all details and click the "Submit" button to execute the transaction.

Notes

  • Use a secure network : Always conduct transactions over a secure network, such as your home Wi-Fi or mobile data.
  • Check the address carefully: When entering the receiving or sending address, please double-check that the address is correct.
  • Understand gas fees: Transactions on the Ethereum network require gas fees. Fees vary based on network congestion.
  • Set reasonable transaction limits: Set your transaction limit higher than the amount you are willing to pay so that the transaction is more likely to be confirmed.
  • Wait patiently: Confirmation of the transaction may take some time, especially when the network is congested.
  • Be aware of network congestion: Transactions during periods of network congestion may incur higher gas fees, or transactions may take longer to confirm.
  • Contact Support: If you encounter any problems during the transaction, please contact Trust Wallet support for assistance.

Trust Wallet Token (TWT): Overview of recent trends

As of 17:00 on September 19, 2024, the price of Trust Wallet Token (TWT) is 0.81768414477631 USD, and the 24-hour trading volume is 30493112.842127 US dollars, with a circulating market value of approximately US$341 million.

Latest Changes

The price of TWT has increased by approximately 1.92% in the past 24 hours, reflecting a slight improvement in sentiment in the cryptocurrency market.

Price change factors

  • Cryptocurrency markets gain overall: TWT is supported by a positive performance from major cryptocurrencies such as Bitcoin and Ethereum.
  • Increased interest in the NFT space: Trust Wallet has partnered with the Binance NFT marketplace to provide support for the trading and storage of non-fungible tokens (NFTs), which may have driven interest in TWT need.
  • Wallet Adoption: Trust Wallet is a popular cryptocurrency wallet that offers mobility and ease of use, and growing adoption may have boosted the price of TWT.

Future Price Prediction

TWT’s long-term growth potential depends on the overall trend of the cryptocurrency market and the growth of the Trust Wallet ecosystem. If the cryptocurrency market continues its bullish run and Trust Wallet continues to dominate the mobile wallet space, TWT price may continue to appreciate.

Recommended Actions

  • Long-Term Investors: For investors who believe in the long-term prospects of the cryptocurrency market, consider investing at current prices Hold or accumulate TWT.
  • Short-term traders: Can consider trading TWT for short-term price fluctuations, but should be aware of the volatility of the cryptocurrency market.

Short-term trend forecast

In the short term, the price of TWT is likely to fluctuate within the range of $0.80 to $0.85. However, the inherent volatility of the cryptocurrency market should always be kept in mind.

Indicators

  • Price: 0.81768414477631 USD
  • 24 hour trading volume: 30493112.842127 USD
  • Circulation volume: 416649900
  • Circulation market value: US$341 million

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