Exchange Trust Wallet Token (BEP2) to Monero | FixedFloat

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Lightning cryptocurrency exchange

Trust Wallet Token (TWT) was created in March 2020 to develop the community and attract new users. Initially TWT was launched on the Ethereum blockchain (ERC-20), then moved to Binance Chain (BEP-2), and in October became available on Binance Smart Chain (BEP-20). Since its launch, Trust Wallet Token has been a success and is an important part of the Binance ecosystem.

What is a Memo and do I need to specify it?

There is an additional Memo field when submitting Trust Wallet Token. Memo is the ID of the payment. It is unique, and with its help the service identifies the sender and recipient.

In our exchanger, when sending TWT you do not need to specify Memo.

Binance chain Blockchain Speed

An exchange requires 1 confirmation. This operation takes place in a few seconds.

Monero is the most anonymous cryptocurrency

Monero runs on the CryptoNote algorithm, unlike public blockchains (e.g. Bitcoin, Ethereum etc.), when sending it, you can not see the sender, the recipient, or even the amount that was sent. This is possible due to the use of Ring Signatures and Stealth Addresses technologies.

What to do if you did not receive Monero after the exchange?

First, make sure that the order contains data about the transaction sent. In case there is no transaction data, try to wait a bit or contact technical support. Due to the fact that in the Monero network updates from November 30 at the protocol level, funds are blocked until 10 network confirmations are received, delays in payment may sometimes occur.

Secondly, check the synchronization of your Monero wallet. The last block in the wallet should correspond to the number indicated on the MoneroHash website in the “Blockchain Height” field of the “Network” block. If not, try restarting your wallet.

If the order contains the data of the transaction we sent, the wallet is synchronized, but the transaction is not visible in the wallet, contact technical support to request a private viewing key to decrypt the transaction and confirm the sending of funds.

When can I use the resulting Monero?

As mentioned above, in the Monero network updates dated November 30 at the protocol level, funds are blocked until 10 network confirmations are received. That is, until the transaction receives 10 confirmations, it will not be possible to use the funds received. On average, a transaction receives 10 confirmations within 20 minutes.

Transaction processing speed

The average block release time is about two minutes. But sometimes delays do occur, and the block exit time can take 10-20 minutes.

exchange in 3 easy steps

  1. Enter the desired amount of Trust Wallet Token (BEP2) and write your wallet address to receive currency.
  2. Click the “Exchange now” button and you will be taken inside your order.
  3. Send Trust Wallet Token (BEP2) to the address from your order, after the required network confirmation, Monero will be sent instantly.

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