- KuCoin tweeted that Trust Wallet Token (TWT) has been listed on the platform
The available pairs on Kucoin are TWT/USDT, TWT/BTC. Deposits will be effective immediately, trading at 9:00 on Nov 17, 2021 (UTC) and withdrawal at 10:00 on Nov 18, 2021 (UTC).
TWT: A Token With A Unique Ambition
Trust Wallet is a mobile cryptocurrency wallet that allows you to buy and store NFTs and earn and exchange crypto in one multifunctional wallet. Trust Wallet Token (TWT), is a simple BEP-20 utility token. When you hold TWT, you can be a part of the governance process of Trust Wallet and can vote and make a difference in how the app develops. TXT also helps access benefits that include crypto purchases and DEX services.
Trust Wallet is focused on making crypto accessible to more people who are new to it. It also aims to use the token within the Trust Wallet platform to educate people on how to use a crypto token for more than profits and to incentivize them to start using crypto. To quote Trust Wallet Founder and CEO, Viktor Radchenko:
That’s what Trust Wallet stands for — for adoption and education, in terms of the different technologies that we’re trying to bring to crypto. And just making it all more accessible.
We don’t try to build any monetization model or try to focus on profits. We’re just trying to bring lots of different value in terms of bringing new people to crypto.
Viktor Radchenko founded Trust Wallet was in 2017 when he realized that there was no availability of open-source wallets for Ethereum and ERC20 tokens. Binance acquired Trust Wallet in July 2018, and Radchenko continues on the platform as part of the team.
A Look At TWT In The Future
The awareness of crypto is exploding, and a token that helps people start with the experience of owning a digital asset for the first time is very attractive. Trust Wallet also encourages holders to refer their friends to the token and the wallet. Crypto education through the real-time use of a token that unlocks access to other tokens is a great stepping stone into the world of crypto. TWT is transferable to any wallet that supports Binance Smart Chain assets and has almost instant transaction confirmation times and very low fees.