How to Swap BNB tokens for BUSD inside Trust Wallet
FORSAGE BNB works on Binance Smart Chain and requires to have BUSD BEP-20 format for registration and BNB BEP-20 format for network fee in your wallet.
Trust Wallet decentralized wallet from Binance exchange for mobile devices.
Thanks to the integration with the Simplex provider, you can buy BNB inside your wallet using VISA / MasterCard card. Apple Pay is also available for buying crypto.
When buying from a card the commission in Trust Wallet can reach up to 12%.
At the same time, the minimum purchase amount from a credit card is $50, the maximum is $20,000.
In Trust Wallet, the BUSD coin of BEP-20 format we need is called BUSD-BEP20.
In Trust Wallet, the BNB coin of BEP-20 format we need is called Smart Chain (BNB). We will need to have BNB in our wallet to cover the network fee for registration.
Also, inside the wallet, you can buy another cryptocurrency (BTC, ETH, etc.) and swap it to Smart Chain (BNB).
Official Website https://trustwallet.com
Attention! In order to make any transactions with the BUSD stable coin on the Binance Smart Chain, you must have a BNB coin on your balance. Commissions for transactions with the BUSD token are calculated only in BNB, so all commissions will be automatically deducted from your BNB balance. If there is no BNB cryptocurrency on your wallet, then the Binance Smart Chain blockchain will not be able to carry out any of your transactions with the BUSD stable coin!
More information about BUSD FORSAGE on the BSC network:
→ FAQ: BUSD FORSAGE expansion on Binance Smart Chain (BSC)
→ All about commissions in FORSAGE BUSD
→ How to prepare your wallet for the launch of FORSAGE BUSD on the BSC network
→ Why BUSD and BNB on Binance smart chain (BSC) has same address format as Ethereum (ETH) network?
→ Difference between Binance Chain BNB (BEP-2 format) and Binance Smart Chain BNB (BEP-20 format)
→ List of common mistakes that may cause your assets loss
→ How to buy BNB and BUSD on Binance.com
→ How to add Binance Smart Chain wallet with BUSD token if you have separate Ethereum Wallet in app? (Trust Wallet)
→ How to buy BUSD from an online exchanger
→ How to create a wallet in Binance Chain Extension (PC)?