Trust Wallet Announces Zero-Fee Token Swaps On BNB Chain To Improve Trading Efficiency And Reduce Costs
In Brief
Trust Wallet announced the activation of zero provider fees for all token swaps on the BNB Smart Chain, available until March 27.
Self-custody cryptocurrency wallet Trust announced the activation of zero provider fees on all token swaps conducted via the BNB Smart Chain (BSC).
This initiative is available starting today and will remain in effect until March 27th. During this period, users swapping tokens on BSC through Trust Wallet’s in-app Swap feature will not be charged provider fees.
While the fees for swap providers, including 1inch, are waived, users may still see them displayed in certain cases, but they will not be applied.
It is important to note that while provider fees are eliminated, gas fees required for transaction processing on the blockchain are not covered by this promotion. Users will still need to pay network fees to complete their swaps.
Additionally, only swaps conducted directly through Trust Wallet’s built-in Swap function are eligible for the fee waiver. Transactions made via external decentralized applications (dApps) are not included in this offer.
In order to take advantage of this fee-free swap period, users can simply open the Trust Wallet app, navigate to the “Swap” feature from the home screen, select the desired BSC-based asset to swap from and to, enter the swap amount, preview the transaction details, and confirm the swap to complete the process.
Trust Wallet: What Is It?
It is a self-custody cryptocurrency wallet designed to provide users with a secure and convenient way to buy, sell, store, and manage a wide range of digital assets, including cryptocurrencies and non-fungible tokens (NFTs). With support for over 10 million assets across more than 100 blockchains, it offers a versatile platform for engaging with the cryptocurrency ecosystem.
As a non-custodial wallet, it ensures that users maintain full control over their private keys, meaning only they have access to their funds. This decentralized model enhances both security and privacy, as assets are not held by any third party.
Beyond its core wallet functions, Trust Wallet also serves as a gateway to the Web3 ecosystem, enabling users to seamlessly connect with dApps. This allows for direct interaction with blockchain-based services, including decentralized finance (DeFi) platforms, NFT marketplaces, and other Web3 applications, expanding the possibilities for users within the cryptocurrency space.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
