Can’t buy BNB (Smart Chain) on Trust Wallet?
If you are trying to buy BNB on Trust Wallet, you may receive an “Unavailable” error.
Trust Wallet has some payment networks that allow the purchase of cryptocurrencies on the app.
They constantly find easier and cheaper ways for users to fund their wallets.
However, the fees of the payment network are very high, up to 5%.
As a result, your profits will be minimized.
Also, BNB may not be available sometimes, but why is this so?
Table of Contents:
Why is BNB not available on Trust Wallet?
BNB is not available on Trust Wallet because there is an extremely high demand for BNB.
When the demand for BNB is too high, the service will suffer interruptions.
So, you won’t be able to buy BNB until there is less demand.
When this happens, the service’s technical team will work to fix the interruptions.
Meanwhile, you need to wait 30 minutes to an hour before trying again.
Alternatively, you can try to contact the cryptocurrency provider you are dealing with the issue with.
Trust Wallet has multiple cryptocurrency providers including “Simplex”, “MoonPay”, “Wyre” and “Mercuryo”.
If you are looking to purchase BNB through Simplex on Trust Wallet but it is not available, you can try contacting Simplex for assistance.
Also, be sure to check the status of their system for more information.
If there are delivery delays or purchase issues, they will be shown on Simplex’s system status page.
How to buy BNB when it is not available on Trust Wallet
To purchase BNB when it is not available on Trust Wallet, you can use Binance.
Then, transfer your BNB from Binance to Trust Wallet.
Binance is the most popular cryptocurrency exchange by volume.
In addition, it has one of the lowest commissions with a spot trading fee of 0.1%.
Trust Wallet has multiple cryptocurrency providers including “Simplex” and “MoonPay”.
However, their fees are extremely high.
Simplex’s spot trading fees range from 2.5% to 5%, while MoonPay charges 4.5% per transaction, with a minimum fee of $4.99.
So, buying BNB from Trust Wallet is not recommended as profits will be minimized.
Buying BNB from Binance is a breeze as it has much lower fees than buying from Trust Wallet.
Here’s how you can buy BNB when it’s not available on Trust Wallet (using Binance):
1. Download and register for Binance
First, you need to download Binance on the App Store or Google Play Store.
You can also use Binance on a desktop.
However, in this guide, we will use the Binance mobile app instead.
Open the App Store or google Play Store and search for “Binance”.
Then, install Binance on your mobile device.
After installing Binance on your device, open the app.
Then, tap “Register” to sign up for a Binance account.
Enter your email address and choose a password for your account.
Make sure your password contains at least 8 characters, uppercase letters, and numbers.
Then, use “73583477” as the reference code and tap on the arrow button.
2. Buy BNB at Binance
After creating a Binance account, it’s time to buy some BNB.
On the app’s home page, tap the reverse arrow icon in the bottom navigation bar.
After tapping the reverse arrow icon, a navigation menu will open.
In the navigation menu, you will see several options including “Buy”, “Sell”, “Deposit” and “Convert”.
Tap “Buy” to buy cryptocurrency.
After tapping “Buy”, a list of cryptocurrencies will open.
In the list, search for “BNB” in the search bar.
Once you find BNB (Binance Coin), tap on it to open it.
Then, you will land on the BNB purchase screen,
To buy BNB, you must first enter how much BNB you want to buy with fiat.
For example, if you want to buy $100 of BNB, enter “100” on the numeric keypad.
Keep in mind that you need to buy as little as $20 BNB or more/minus depending on the country you’re in.
Then, tap on “Buy” followed by “Confirm”.
For the lite version of the Binance app, you can buy cryptocurrency with your local currency using your card.
After tapping confirm, enter your card information and billing address.
You have successfully purchased BNB from the Binance app!
3. Copy your Smart Chain address to Trust Wallet
After purchasing BNB from the Binance app, you need to transfer it to Trust Wallet.
To get started, open Trust Wallet.
On the “Wallet” page, you will see a list of your cryptocurrencies that you can choose from.
Go to “Smart Chain” and tap on it to open your Smart Chain wallet.
On your Smart Chain Wallet, you need to copy its address.
Tap “Copy” to copy your Smart Chain address to Trust Wallet.
You will need to transfer BNB to this address later.
4. Transfer your BNB from Binance to Trust Wallet
After copying your Smart Chain address from Trust Wallet, you need to transfer your BNB from Binance to it.
First, reopen the Binance app.
Then, tap on the wallet icon in the bottom navigation bar.
This will open your Binance wallet and cryptocurrency balances.
On your wallet, tap “BNB” to open your BNB wallet.
On your BNB wallet, you will be able to see the amount of BNB you have.
You’ll also see how much your BNB is worth in fiat, how much it’s worth in orders, and your transaction history.
At the bottom of the page, you will see a “Withdrawal” button and a “Deposit” button.
Tap “Withdraw” as you will need to withdraw your BNB to Trust Wallet.
The final step is to withdraw your BNB to Trust Wallet.
To do this, paste your Smart Chain address from Trust Wallet into the “Address” field.
You should have already copied your Smart Chain address from the third step.
Then, make sure that the selected network is “BEP20 (BSC)”.
By default, after pasting your Smart Chain address from Trust Wallet into the “Address” field, the network will automatically be “BEP20 (BSC)”.
Then, enter the amount of BNB you want to transfer to Trust Wallet.
The minimum amount of BNB that you can transfer is 0.02 BNB.
If you don’t have enough, you need to buy more by following the second step.
Finally, tap “Withdraw” to transfer your BNB to your Smart Chain address on Trust Wallet.
You have successfully learned how to buy BNB if it is not available on Trust Wallet!
Conclusion
In the future, you should buy BNB on Binance instead of Trust Wallet.
This is because cryptocurrency providers on Trust Wallet charge an extremely high fee.
Buying BNB on Binance can save you a lot of money if you make transactions frequently.
The only additional step you need to do is to transfer your BNB from Binance to Trust Wallet after purchasing it.
