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Can I receive money in Trust Wallet?

Published: 2025-05-25

Yes, you can receive money in Trust Wallet in the form of cryptocurrency. Simply share your wallet address or QR code for the specific crypto you want to receive. Trust Wallet supports many cryptocurrencies, making it easy to accept payments or transfers securely.

Table of Contents

How to Receive Crypto Payments in Trust Wallet

Steps to Find Your Wallet Address in Trust Wallet

Open the Trust Wallet App: Launch the app on your mobile device and navigate to the main wallet screen where your crypto assets are displayed.
Select the Cryptocurrency: Tap on the specific cryptocurrency you want to receive, such as Bitcoin, Ethereum, or USDT. Each crypto has a unique wallet address linked to its blockchain.
Tap on ‘Receive’: Once inside the selected crypto wallet, tap the “Receive” button. Your unique wallet address and a corresponding QR code will appear, ready to share with the sender.

How to Share Your QR Code for Receiving Crypto

Copy and Share Wallet Address: You can copy the alphanumeric wallet address and send it via text, email, or messaging apps. Ensure the sender uses the correct blockchain network to avoid loss of funds.
Use the QR Code for Quick Transfers: The QR code displayed in Trust Wallet contains your wallet address. The sender can simply scan this code to auto-fill your address, reducing the risk of errors.
Double-Check the Cryptocurrency Type: Always confirm that the sender is sending the correct cryptocurrency to the matching wallet address. Sending crypto to the wrong network or address type can result in irreversible loss.

Supported Cryptocurrencies You Can Receive in Trust Wallet

List of Popular Coins and Tokens Supported

Bitcoin (BTC): Trust Wallet fully supports Bitcoin, allowing users to receive and store BTC securely. You can easily generate a Bitcoin address within the app to accept payments or transfers.
Ethereum (ETH) and ERC-20 Tokens: Trust Wallet supports Ethereum and a wide range of ERC-20 tokens. This includes popular assets like USDT, USDC, and Chainlink, making it ideal for Ethereum-based transactions.
Binance Smart Chain (BSC) and BEP-20 Tokens: Users can receive BNB and thousands of BEP-20 tokens. Trust Wallet is optimized for BSC, offering low-fee transactions and broad token compatibility.

How to Add New Tokens to Your Trust Wallet

Search for Tokens in the App: On the main screen, tap the icon in the top right corner to search for tokens. If the token is supported, simply toggle it on to display it in your wallet.
Add Custom Tokens Manually: If a token isn’t listed, you can add it manually by selecting “Add Custom Token.” Enter the token’s contract address, network, and other required details to enable receiving that token.
Ensure Correct Network Selection: When adding tokens, make sure you select the right blockchain network (e.g., Ethereum, BSC, Tron). Receiving tokens on the wrong network can lead to permanent loss of funds.

Is It Safe to Receive Money in Trust Wallet

How Trust Wallet Protects Incoming Transactions

Non-Custodial Security Model: Trust Wallet is a non-custodial wallet, meaning only you control your private keys and funds. This ensures that incoming transactions go directly to your wallet without third-party interference.
Blockchain-Based Verification: All incoming transactions are verified and recorded on the blockchain. This decentralized system ensures that once funds are sent to your address, they cannot be altered or reversed by any entity.
No Exposure of Sensitive Data: When receiving crypto, you only share your public wallet address or QR code. Trust Wallet never exposes your private keys or personal information during the transaction process.

Security Tips When Accepting Crypto Payments

Always Use the Correct Wallet Address: Double-check that you’re sharing the right address for the specific cryptocurrency. Using the wrong network or address type can result in lost funds.
Avoid Sharing Wallet Details Publicly: While your public address is safe to share for receiving payments, avoid posting it in public forums to reduce spam or dusting attacks that could track your wallet activity.
Regularly Update and Secure Your Device: Ensure your mobile device has the latest security updates and use features like PIN codes, biometrics, or password protection on Trust Wallet to safeguard against unauthorized access.

How Long Does It Take to Receive Crypto in Trust Wallet

Average Transaction Times by Blockchain Network

Bitcoin Network: Bitcoin transactions typically take between 10 minutes to an hour, depending on network congestion and the fee paid by the sender. Higher fees usually result in faster confirmations.
Ethereum and ERC-20 Tokens: Ethereum transactions can take anywhere from a few minutes to over 30 minutes during peak times. Gas fees play a major role in how quickly a transaction is processed.
Binance Smart Chain and Other Fast Networks: Transactions on Binance Smart Chain (BEP-20) or Tron (TRC-20) are generally completed within seconds to a few minutes, as these networks are optimized for speed and low fees.

Factors That Can Delay Incoming Crypto Transfers

Network Congestion: When blockchain networks experience high traffic, transaction processing times increase. This is common during major market events or popular NFT and DeFi launches.
Low Transaction Fees Set by Sender: If the sender chooses a low fee to save costs, the transaction may be delayed or remain pending until network activity decreases and miners or validators prioritize it.
Incorrect Network Usage: If crypto is sent using the wrong blockchain network (e.g., sending ERC-20 tokens to a BEP-20 address), it can cause delays or result in lost funds. Always ensure the sender uses the correct network for the transaction.

Can You Receive Fiat Currency in Trust Wallet

Why Trust Wallet Only Supports Cryptocurrency

Designed for Decentralized Assets: Trust Wallet is built specifically to store, send, and receive cryptocurrencies and tokens on various blockchain networks. It does not handle fiat currencies like USD, EUR, or GBP.
No Integration with Traditional Banking Systems: Trust Wallet operates independently of banks and financial institutions. Since it’s a decentralized wallet, it doesn’t offer services like fiat deposits or direct bank transfers.
Focus on Blockchain Ecosystem: The wallet is intended to interact with blockchain-based assets, including NFTs and DeFi platforms. Supporting fiat would require regulatory compliance and centralized features, which goes against its core purpose.

How to Convert Received Crypto to Cash

Transfer Crypto to a Centralized Exchange: To convert crypto to cash, send your funds from Trust Wallet to an exchange like Binance, Coinbase, or Kraken that supports fiat withdrawals.
Sell Crypto for Fiat Currency: Once the crypto arrives in your exchange account, use the platform’s trading features to sell your cryptocurrency for fiat, such as USD.
Withdraw Fiat to Your Bank Account: After selling, use the exchange’s withdrawal option to transfer the fiat balance to your linked bank account. Be aware of processing times and any applicable withdrawal fees.

Can I receive any cryptocurrency in Trust Wallet?

You can receive thousands of cryptocurrencies in Trust Wallet, including Bitcoin, Ethereum, and many tokens. However, you must ensure that the token is supported and that you use the correct blockchain network to avoid loss of funds.

Do I need to pay fees to receive crypto in Trust Wallet?

No, Trust Wallet does not charge any fees for receiving crypto. However, the sender will pay a network fee when transferring funds. Receiving funds is always free within Trust Wallet.

How do I know if I received crypto in Trust Wallet?

You will see a notification or balance update once the transaction is confirmed on the blockchain. You can also check the transaction details by viewing your wallet's activity or using a blockchain explorer with your wallet address.