How To Swap USDT ERC20 To Ethereum In Trust Wallet !
0In this video, the topic being discussed is how to swap USDT (Tether) ERC-20 tokens to Ethereum using the Trust Wallet. Trust Wallet is a popular mobile cryptocurrency wallet that allows users to store, receive, and trade various cryptocurrencies. The ERC-20 version of USDT is based on the Ethereum blockchain, and swapping it to Ethereum within the app is a fairly simple process.
The video begins by instructing users to log into their Trust Wallet account. Logging in is necessary to access the wallet and perform any operations, such as swapping tokens. Once logged in, the user is directed to the Trust Wallet homepage, where they can begin the swapping process.
The next step is to press the "Swap" button on the homepage. This feature allows users to exchange one cryptocurrency for another directly within the wallet, avoiding the need for third-party exchanges. Trust Wallet supports a wide range of tokens and cryptocurrencies, making it convenient for users to perform swaps.
Once the swap feature is accessed, the user needs to locate the token they wish to swap. In this case, they need to search for and select USDT ERC-20. ERC-20 is a standard used for creating and issuing smart contracts on the Ethereum blockchain, so selecting the correct version of USDT is important for this process to work correctly.
After selecting the USDT ERC-20 token, the next step is to choose the currency to which it will be swapped. For this video’s purpose, the swap is from USDT to Ethereum (ETH). Users can do this by pressing the Ethereum button within the app, which will automatically populate the necessary details for the swap.
It’s important to review the information provided by the app before completing the swap. Trust Wallet will show the current exchange rate between USDT ERC-20 and Ethereum, as well as any fees or gas charges associated with the transaction. Once everything looks correct, the user can confirm the swap. The Trust Wallet app will process the transaction, converting the USDT ERC-20 tokens into Ethereum and depositing the Ethereum into the user’s wallet.
The video concludes by advising viewers to ensure that they have selected the correct assets and amounts before completing any swaps, as cryptocurrency transactions are irreversible. Following these steps ensures a smooth and efficient swap from USDT ERC-20 to Ethereum on Trust Wallet.
Key Steps to Swap USDT ERC-20 to Ethereum on Trust Wallet:
Log in to your Trust Wallet account.
On the homepage, press the "Swap" button.
Locate and select the USDT ERC-20 token.
Select Ethereum (ETH) as the currency you wish to swap to.
Review the transaction details (exchange rate, fees).
Confirm the swap and allow the transaction to process.
This guide highlights how to use Trust Wallet’s built-in features to swap between different cryptocurrencies, making it easier for users to manage their portfolios without the need for a third-party exchange.
Timestamps:
0:00 Introduction
0:02 Logging into Trust Wallet
0:11 Navigating to the Swap Option
0:21 Searching for USDT ERC-20
0:29 Selecting the Swap Feature Again
0:35 Choosing Ethereum (ETH) for the Swap
0:45 Confirming the Swap
0:52 Swap Successfully Completed
0:54 Conclusion
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