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how to swap bnb for btc on trust wallet
Swapping BNB for BTC on Trust Wallet is a straightforward process that involves installing the app, funding it with BNB, accessing the swap feature, choosing the swap pair, setting a slippage tolerance (optional), approving the token transaction, reviewing and confirming the swap, and completing the transaction.
Nov 06, 2024 at 03:05 am
How to Swap BNB for BTC on Trust Wallet: A Step-by-Step Guide
Trust Wallet is a popular, secure, and user-friendly cryptocurrency wallet that supports a wide range of cryptocurrencies, including BNB (Binance Coin) and BTC (Bitcoin). Swapping BNB for BTC within the Trust Wallet app is a straightforward process that can be completed in a few simple steps:
- Install and Set Up Trust Wallet:
- Begin by downloading and installing the Trust Wallet app from the official website or mobile app store.
- Create a new wallet or import an existing one using the recovery phrase or private key.
- Fund Your Trust Wallet with BNB:
- To swap BNB for BTC, you must first have BNB in your Trust Wallet.
- Acquire BNB through various options such as buying it from a cryptocurrency exchange, transferring it from another wallet, or using the Trust Wallet's built-in buy feature.
- Access the Swap Feature:
- Launch the Trust Wallet app and navigate to the "Swap" tab on the bottom menu bar.
- Select Swap Pair and Enter Amount:
- Choose BNB as the "From" currency and BTC as the "To" currency.
- Indicate the amount of BNB you wish to swap.
- Set Slippage Tolerance (Optional):
- Slippage tolerance is a buffer that allows for price fluctuations during the swap. A higher tolerance increases the chances of the swap execution but may result in a slightly different exchange rate.
- Approve Token Transaction:
- Before the swap can be completed, you may need to approve the Trust Wallet to access your BNB tokens.
- Review and Confirm the Swap:
- Review all the swap details including the amount of BNB being swapped, the estimated amount of BTC you will receive, and the gas fees.
- Confirm the swap by tapping on the "Swap" button.
- Complete the Swap:
- The swap process will take a few moments to complete, depending on network congestion.
- Once the transaction is confirmed, the BTC will be credited to your Trust Wallet.
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