A lot of Cryptocurrency lovers often seek decentralized options for trading, and Trust Wallet’s Built-In Decentralized Exchange (DEX) provides a convenient solution.
This guide walks you through the process to begin and complete a trade using Trust Wallet DEX.
To begin, follow the steps below:
- Open Trust Wallet and tap on DEX at the bottom of the home screen.
- Next, tap on the Exchange tab at the top.
- Click on the trading pair on the upper left. Search for the token in the available markets.
- Click on the trading pair to select it.
- You will now see the order book for the token. On the right side pane, both Buy and Sell orders are visible.
The orders in Red are the Sell orders while the ones in Green are the Buy orders.
- By default you will be on the Buy order screen. For this guide, we will create a Buy and a Sell Order.
The Top image is for the Buy order while the bottom image is for the Sell order.
We already have both BNB and TWT on this wallet, so we can create both orders.
Tap the corresponding tabs for the Buy and Sell menu and set the amount of tokens.
- After you have made a decision on the price and amount of tokens that you want to buy or sell, tap the corresponding button.
- Once the transaction is confirmed, check your Trust Wallet for the updated balance.
- Monitor the trade progress through the DEX platform or your Trust Wallet transaction history.
Notes:
- Ensure that your wallet is always secure, and never share your recovery phrase with anyone.
- Be cautious of the gas fees associated with transactions on the blockchain.
- Cross-check the trading pair and amounts before confirming any transaction.
By following these steps, you can successfully trade on the Built-In DEX with Trust Wallet, enjoying the benefits of decentralized and secure cryptocurrency trading.
