Last updated 22/11/2022
Website: https://trustwallet.com/
Trust Wallet is a long standing, community trusted and mobile compatible wallet. The wallet is interoperable on multiple chains and can hold many different crypto assets with over 1m+ active users. The service was acquired and adopted by major cryptocurrency exchange Binance to integrate within their system as the standard wallet service. Initially, the wallet service was designed for compatibility with the Ethereum network, the wallet can hold all tokens on the network as well as other BEP20 wallets and Bitcoin. The wallet prides itself as the most Trusted and secure crypto wallet.
Redeveloped in October 2020, Trust Wallet Token (TWT) is a utility and governance token, native to the Trust Wallet and built on the Binance Smart Chain (BEP-20) and is still operable with the Binance Chain (BEP2).
The wallet itself is open source, which enables developers to build compatible dApps (Decentralised Applications), many of which are operable with Trust Wallet including third-party DEXs (Decentralised Exchanges) such as PancakeSwap (CAKE) and UniSwap (UNI).
Governance rights are a core function of Trust Wallet Token, which gives holders voting power for proposals from the protocol submitted by the Trust Wallet DAO (Decentralised Autonomous Organisation). Holders can vote with a 1:1 ratio of votes to TWT stake, any proposal that reaches over 51% is considered for implementation. Any TWT holder can create a proposal, which will then filtered by the core Trust Wallet team of developers before being voted on by the Trust Wallet DAO and holders. The holders with successful proposals are rewarded in accordance with the amount of value brought to the project in the form of token airdrops, giveaways and other offers.
The tokens other main use case applies to its DEX which provides access of a wide range of cryptoassets compatible with TrustWallet. TWT holders can expect a reduced fee when transacting on the DEX as well as in-app purchases.
Team
Trust Wallet was founded by Viktor Radchenko in 2017 when the California based developer noticed that there was a lack of open-source EVM (Ethereum Virtual Machine) wallet software supporting mobile usage and decided to build the software wallet. Following its success with the crypto community Binance acquired Trust Wallet in 2018 and Radchenko now continues his work on trust wallet with the backing of the Binance team and resources.
You can store Trust Wallet Token (TWT) in its native Trust Wallet along with many other cryptocurrencies. Trust wallet is free and easy to use and can be downloaded to either a desktop or mobile device. Trust Wallet is tied to the device it is downloaded on which will also be the device you use to access and manage your cryptoassets.
Trust Wallet Tokens (TWT) are built on the Binance Smart Chain BEP20 (BSC) network, they can be stored in any wallet compatible with Binance Smart Chain-based (BSC) transactions. Alternative options to keep your CAKE secure can therefore include MetaMask, a leading browser wallet extension popular amongst DeFi platforms, as well as Binance Chain Wallet Google Chrome Extension. Unlike MetaMask, this wallet is only available as a Google extension.
You can Buy & Sell Trust Wallet Token (TWT) by heading over to the Buy Coins page of our website. NEAR (NEAR) is available on BC Bitcoin trading against major fiat currencies: GBP and EUR. Buying TWT has never been easier, simply place your order and provide your wallet address.
Once your payment arrives Trust Wallet Token (TWT) will be sent directly to your wallet. If you choose to Sell Trust Wallet Token (TWT) you can send us the coins and receive a payment to your bank account. Details and valuation can be found on the Sell Coins page.
Website: https://trustwallet.com/
Block Explorer: https://bscscan.com/
Twitter: https://twitter.com/TrustWallet
Github: https://github.com/trustwallet
Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers' responsibility to complete their own research and due diligence.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards