Today, you are going to learn how to deposit money in Trust Wallet easily and securely.
Trust Wallet is one of the most used decentralized exchanges in the world.
It has 25 million users who trust this wallet for all their crypto and NFTs.
In this article, I will show you how to deposit money into your Trust Wallet account with step by step guide.
How To Deposit Money In Trust Wallet
To deposit money into your Trust wallet, there are a few things to do first.
- Download and Install Trust Wallet
- Create a wallet and save your private secret keys
Ways To Deposit Money In Trust Wallet
You have two options when you are adding and depositing money into your Trust Wallet account.
The first one is to send from other wallets or exchange and receive the currency here.
The second method is to buy crypto inside the Trust Wallet and deposit money inside the wallet.
In today’s article, I will show you ‘how to deposit money in Trust Wallet inside the app and also receive it from an external wallet or exchange.
So let’s dive in.
Method 1- Deposit Money In Trust Wallet
Trust wallet is a decentralized wallet of Binance exchange. So they do not sell any crypto directly.
There are third parties who allow users to buy and sell cryptocurrencies in the Trust Wallet app without going to other exchanges.
Step 1- Click On Buy
The first step is to click on the ‘buy’ option on the main screen of the Trust Wallet.
Select the coin, or token you want to buy.
Now Trust Wallet will connect you to the MoonPAy, Mercuryo, or Simplex along with the prices each service provider offers.
Select the one that looks best to you and click next.
Now Trust Wallet will take you to the details of your purchase such as the amount you are going to pay, the crypto you will receive, and the fees that the service provider like Simplex, Moonpay, and Mercuryo will charge.
Click on agree to the terms and click on ‘buy’ to continue.
Step 2- Pay The Amount
Confirm the transaction by confirming your phone, and email with a code that will be sent to you. Provide personal information such as name and date of birth.
Next, you will be asked to add the payment method such as:
- Apple Pay
- Google pay
- New Card
Once you have added the payment method, they will cut the amount of USD that you selected for the purchase of crypto.
Step 3- Confirm The Transaction
Once you have paid for the crypto, it is time to confirm it.
Just go to your Trust Wallet account and you will see that you have the crypto received in your account.
Method 2- Receive Crypto From An External Wallet
This method is simple and easy than the first one, but it requires you to have an account and transferable amount on another wallet or exchange that you want to send crypto from to a Trust Wallet.
If you have crypto on other exchanges and wallets, then follow the steps below to receive crypto on your Trust Wallet.
Step 1- Select The Cryptocurrency
The first step is to go to the Trust Wallet and select the cryptocurrency you want to receive here.
Step 2- Copy The Address
After clicking on the cryptocurrency, you will get three options.
Click on the ‘receive’ option and copy the address.
Step 3- Withdraw From External Wallet Or Exchange
No go to the external wallet(which means another wallet than Trust Wallet) and select the cryptocurrency.
Click on the ‘withdraw’ option and paste the address of the Trust Wallet and continue.
Step 4- Confirm The Transaction
Now check the Trust Wallet main screen and click on the cryptocurrency that you have sent.
Trust Wallet will show you the crypto you have received.
Depositing money in the Trust Wallet is just like a piece of cake.
The first method is to buy inside the Trust Wallet.
Both are possible with Trust Wallet.