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how do i buy bitcoins on trust wallet without debit card
To purchase Bitcoin on Trust Wallet without a debit card, you'll need to first fund your wallet with Binance Coin (BNB), which is used for transaction fees on the Binance Smart Chain (BSC).
Nov 13, 2024 at 12:50 pm
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How to Buy Bitcoins on Trust Wallet Without a Debit Card
Step 1: Download and Install Trust Wallet
- Download the Trust Wallet app from the Apple App Store or Google Play Store.
- Once installed, open the app and create a new wallet or import an existing one.
Step 2: Set Up Your Trust Wallet Account
- Follow the on-screen instructions to create a new wallet, including setting a password and recovery phrase.
- Write down your recovery phrase and store it safely, as it is essential for recovering your wallet if you lose your device or password.
Step 3: Enable Binance Smart Chain (BSC)
- Trust Wallet defaults to Ethereum Mainnet. To enable BSC, tap the "Wallet" tab at the bottom of the screen.
- Scroll down and select "Smart Chain."
- Toggle the switch to "Enable" BSC. This will allow you to use BSC-based tokens, including BNB and BEP-20 tokens.
Step 4: Fund Your Trust Wallet with BNB
- To purchase Bitcoin (BTC) on Trust Wallet without a debit card, you will need to first fund your wallet with Binance Coin (BNB), which is used for transaction fees on BSC.
- You can purchase BNB on various exchanges, such as Binance, Coinbase, or Kraken.
- Once you have acquired BNB, send it to your Trust Wallet's BSC address.
Step 5: Connect Your Trust Wallet to a DEX
- A DEX (decentralized exchange) allows you to trade cryptocurrencies directly with other users, providing more flexibility and lower fees than centralized exchanges.
- Trust Wallet supports multiple DEXs, such as PancakeSwap and Uniswap. Choose a DEX and connect your Trust Wallet to it by following the on-screen instructions.
Step 6: Swap BNB for BTC
- Within the DEX, navigate to the "Trade" or "Swap" section.
- Select "BNB" as the first currency and "BTC" as the second currency.
- Enter the amount of BNB you want to exchange for BTC.
- Review the transaction details and confirm the swap.
Step 7: Track Your Bitcoin Transaction
- Once you initiate the swap, the transaction will be processed on BSC.
- You can track the progress of the transaction by selecting the "Activity" or "History" tab in your Trust Wallet.
Step 8: Store Your Bitcoin Safely
- After the transaction is complete, your Bitcoin will be deposited into your Trust Wallet's BTC address.
- It is recommended to transfer your Bitcoin to a hardware wallet or a different software wallet for enhanced security.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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