Topics Covered
How to Send Cryptocurrency via Trust Wallet
Understanding Blockchain Fees: Who Pays and Why?
Key Insights: Memos, Destination Tags, and Avoiding Common Pitfalls
How to Send cryptocurrency via Trust Wallet
When using Trust Wallet, you can send cryptocurrency to:
Exchanges
Hardware wallets like Trezor and Ledger
Other crypto wallets on PC, mobile, or web
Steps to Send Cryptocurrency
Open Trust Wallet and navigate to the asset you wish to send.
Tap Send.
Select the crypto asset you want to send.
Enter the recipient's wallet address and the amount you want to transfer.
Double-check the recipient's address to avoid mistakes.
Review the network fee shown on the confirmation screen.
Tap Confirm to approve and broadcast the transaction.
Note: Always verify that the destination wallet supports the token and blockchain network you are sending on. Cryptocurrency transactions are irreversible, so errors can lead to a permanent loss of funds.
Understanding Blockchain Fees
Every blockchain charges a network fee for processing transactions. These fees are paid to blockchain miners or validators, not to Trust Wallet, and vary based on the network's current activity level and the token being sent.
Each blockchain uses its own native token to cover network fees. Some common examples:
Network | Native Fee Token |
Ethereum | ETH (Ether) |
BNB Chain | BNB (Binance Coin) |
Tron | TRX (Tron) |
Solana | SOL (Solana) |
Polygon | MATIC (Polygon) |
And so on... | ... |
Important: Even when sending non-native tokens (such as USDT (Tether) on Tron, or ERC-20 tokens (tokens built on the Ethereum standard) on Ethereum), you still need to hold a balance of the network's native fee token in your wallet to cover the transaction cost. If your balance of the native token is insufficient, the transaction will fail.
Key Insights: Tokens Requiring Memos or Destination Tags
Some blockchains require additional identifiers alongside the recipient's wallet address. These identifiers are called Memos or Destination Tags and are commonly required by:
BNB Chain (the blockchain network for BNB, formerly Binance Coin)
XRP (Ripple) (a blockchain designed for fast, low-cost cross-border payments)
Memos and Destination Tags are used to direct a transaction to a specific account within a shared address, such as an exchange wallet. They are essential when:
Sending funds to a centralized exchange
Directing payments to a specific sub-account
Trust Wallet transactions sent to decentralized (non-custodial) wallets typically do not require a Memo or Destination Tag.
Note: If a required Memo or Destination Tag is missing, the funds may not reach the intended recipient and may be very difficult to recover. Always confirm with the receiving platform whether a Memo or Destination Tag is required before sending.
Conclusion: Stay Secure and Updated
Before sending any cryptocurrency from Trust Wallet:
Verify the recipient's wallet address is correct and supports the token and network you are using.
Confirm whether a Memo or Destination Tag is required by the receiving platform.
Review the network fee on the confirmation screen to avoid unexpected costs.
Ensure you hold enough of the network's native fee token to cover the transaction cost before sending.
Blockchain transactions are final and cannot be reversed, so take care at every step. Stay up to date with the latest features by downloading the most recent version of Trust Wallet at trustwallet.com/download.
Screenshots are for illustrative purposes only and may not reflect current prices.