This week, the TWT crypto asset will be listed on Indodax. Open deposits will start on March 8, 2023, at 14:00 WIB, and available trading will start on March 9, 2023, at 14:00 WIB.
TWT runs with BEP20 networks. The goal of the Trust Wallet team is to make crypto more accessible. Curious? Come on, read more here!
The Trust Wallet Token (TWT) is a utility token that will be used to incentivize all Trust Wallet users.
Distributing TWT will help spread awareness and allow everyone to own their first crypto.
TWT is a governance token that anyone who wants to participate in decision-making to add support, tokens, and features to new blockchain products will use.
TWT can be used as payment for submitting a Withdrawal Request to the Trust Wallet Asset repository. Paying with TWT tokens is preferred as it is a cheaper option.
TWT token holders unlock benefits when using Trust Wallet, including discounts on in-app cryptocurrency purchases and decentralized exchange (DEX) services.
TWT holders can also participate in Trust Wallet governance and vote on Trust Wallet renewal proposals, helping shape app development.
Viktor Radchenko founded Trust Wallet in 2017.
Based in Mountain View, California, Radchenko has previously held development and engineering roles at several technology companies.
He also co-founded Trucker Path in 2013, the company behind one of the most popular apps for truckers and logistics companies.
The entire Trust Wallet team is not public but is known to consist of over 20 people.
The Trust Wallet token is a utility token designed to provide added value to the Trust Wallet mobile app users. It does not have any utility outside of the Trust Wallet ecosystem.
Nonetheless, as a BEP-20 asset, the Trust Wallet Token can be transferred to any wallet that supports BSC assets, where it can be exchanged for other assets or used as payment for services.
As it also provides voting and governance rights over the development of Trust Wallet and can be used for discounted DEX trading and in-app purchases, TWT continues to develop its value as a speculative instrument.
TWT is also one of the first tokens launched on the BSC high-performance blockchain designed for smart contracts and decentralized applications (DApps).
As a result, TWT can be transferred with meager fees and almost instant transaction confirmation times.
The current CoinMarketCap ranking is #80, with a live market cap of $539,100,893 USD. It has a circulating supply of 416,649,900 TWT coins and a max. supply of 1,000,000,000 TWT coins.
Those who want to buy TWT crypto assets can buy them on Indodax starting March 9, 2023, at 14:00 WIB. Here’s how to buy it: