Trust Wallet is a new mobile wallet from the team behind Mycelium. The wallet was launched last week and has already gained over 100,000 downloads.
Trust Wallet is a mobile wallet that allows users to store their private keys securely offline. This means that they don’t have to worry about hackers stealing their funds or having their accounts compromised.
Trust Wallet is a great option for anyone who wants to get started with cryptocurrency. They offer a free version of the app and a premium version that costs $2.99 per month. If you want to try out the app before buying, you can download the free version.
The best part about Trust Wallet is that it works on all major platforms including Android, iOS, Windows, macOS, Linux, Chrome OS, Firefox, Opera, Samsung Internet, and more.
If you are looking for an easy way to buy or sell Bitcoin, Ethereum, Ripple, Litecoin, Dash, Monero, Zcash, Dogecoin, and other cryptocurrencies, then this article will show you how to sell them on Trust Wallet.
How To Set Up A Trust Wallet
Step 1: Open your Trust Wallet App
Open up your Trust Wallet. Then, you will need to tap “Add Funds” in the top right corner. You will be taken to another page where you will enter your phone number. Enter your phone number and tap ‘Next’.
After this, you will be asked if you would like to receive text messages from Trust Wallet. Tap ‘Yes’. Then, you will be shown a list of options.
You can choose between sending money via PayPal, bank transfer, or credit card. Make your selection and continue.
Next, you will be given a choice of which account you want to send money to. Select the account you want to use. You will be asked for your password. Enter the password and tap ‘OK’. You will see a message saying that your payment is being processed.
After a few minutes, you should receive a confirmation email from Trust Wallet. This shows that your transaction has been successful.
Step 2: Sell Your Coins
To sell your coins, tap on the hamburger menu again and select ‘Sell Coins’. Here, you will be able to filter your coins by type. Type ‘BTC’ (or an alternative currency) in the search box and press ‘Search’. Scroll down until the coin you want to sell appears.
Click on it and enter the amount that you wish to sell. Click on ‘Sell Now’ and wait for the sale to complete.
How To Withdraw Money From Trust Wallet
Step 1: Open Your Trust Wallet
Go Back Into the app and tap the ‘Hamburger’ menu icon in the bottom left corner. Next, select ‘Withdraw Funds’. Then, you need to provide your phone number.
In order to withdraw funds, you must have an active wallet with a balance. If you do not have any funds in your wallet yet, then you will need to add some before you can withdraw them. Enter your phone and tap ‘Next’.
Then, you are required to confirm that you agree to the terms and conditions. If you accept these terms, then tap ‘Next’.
After this, you will be required to verify your identity. This is done through two-factor authentication. You will be prompted to scan a QR code.
Once this is done, you will be taken to a page where you can enter your PIN. Enter your PIN and tap Confirm. The withdrawal process may take up to 24 hours.
Step 2: Receive A Notification When Your Transaction Is Complete
Once the withdrawal process is complete, you will receive a confirmation email. Open the email and click on the link provided. Your money will automatically be transferred to your bank account within one business day.
How To Withdraw From Trust Wallet To An Exchange
To withdraw cryptocurrencies from Trust Wallet to an exchange, simply navigate to the ‘Wallet’ tab at the bottom of the app. Select the cryptocurrency that you would like to send, then press ‘Send’.
Next, navigate to the exchange or wallet where you’re sending your funds. Locate and copy the ‘receive’ (or deposit) address.
Finally, navigate back to your Trust Wallet and paste the address into the ‘recipient address’ field. Enter the amount you want to send.
You may want to double-check the address you’ve typed into the box. Once you confirm the transaction, you’ll see a new transaction appear in your account history.
How To Use Trust Wallet For Free
Trust Wallet is free to use, but there are certain limitations. You cannot send or receive payments from other users. There are also limits on how much you can spend per week and month.
Conclusion
To conclude, you can sell on Trust Wallet by tapping on the hamburger icon in the top right corner of the screen. Select ‘Sell Coins’, choose the currency you want to sell and proceed.
Trust Wallet is one of the most popular and secure cryptocurrency wallets for a good reason.
However, when withdrawing crypto from your wallet to an exchange, you should ensure that you are pasting in the recipient address correctly as this process is irreversible, and your crypto will not be able to be retrieved if it becomes lost during the transaction process.
If you pay attention and maintain vigilance when transferring your funds, this process will remain smooth and painless.
In comparison to withdrawing funds to an exchange, selling cryptocurrency on Trust Wallet is incredibly easy.
However, you should also maintain a vigilant eye on the associated market as the cryptocurrency market can be tumultuous with sharp rises and falls.
Do not let crypto-crashes deter you from investing as the rewards of investing in cryptocurrency far outweigh any risks involved as long as you are only investing money that you can afford to lose.
Thanks for reading!
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