Are you unable to buy BNB (Smart Chain) on Trust Wallet?
If you’re trying to buy BNB on Trust Wallet, you might get a “Not Available” error.
Trust Wallet has a few payment networks that allow the purchase of cryptocurrencies on the app.
They are constantly finding easier and cheaper ways for users to fund their wallets.
However, the payment network fees are very high—up to 5%.
As a result, your profits will be minimized.
Moreover, BNB might not be available at times—but why is this the case?
In this article, you’ll learn why BNB is not available on Trust Wallet, and how to buy it.
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 experience interruptions.
Hence, you won’t be able to buy BNB until there is lesser demand.
When this happens, the technical team of the service will be working to fix the interruptions.
In the meantime, you need to wait for 30 minutes to an hour before trying again.
Alternatively, you can try contacting the cryptocurrency provider that you’re facing the issue with.
Trust Wallet has multiple cryptocurrency providers including “Simplex”, “MoonPay”, “Wyre”, and “Mercuryo”.
If you’re trying to buy BNB via Simplex on Trust Wallet but it’s not available, you can try contacting Simplex for help.
In addition, make sure to check their system status for more information.
If there are delivery delays or purchasing issues, they’ll be shown on Simplex’s system status page.
How to buy BNB when not available on Trust Wallet
To buy 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 fees with a 0.1% spot trading fee.
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% – 5%, while MoonPay charges 4.5% per transaction, with a minimum fee of $4.99.
Hence, buying BNB from Trust Wallet is not recommended as your profits will be minimized.
Buying BNB from Binance is a no-brainer as it has much lower fees than buying from Trust Wallet.
Here’s how you can buy BNB when it is not available on Trust Wallet (using Binance):
1. Download & sign up for Binance
You can also use Binance on a desktop.
However, in this guide, we’ll 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.
Get started on Binance here: https://www.binance.com/en/register?ref=73583477 or use “73583477” as the referral code.
After you’ve installed Binance on your device, open the app.
Then, tap on “Register” to register 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.
Next, use “73583477” as the referral code and tap on the arrow button.
2. Buy BNB on Binance
After you’ve created a Binance account, it’s time to buy some BNB.
On the homepage of the app, tap on the reverse arrow icon on the bottom navigation bar.
After you’ve tapped on the reverse arrow icon, a navigation menu will open.
On the navigation menu, you’ll see several options including “Buy”, “Sell”, “Deposit”, and “Convert”.
Tap on “Buy” to buy cryptocurrency.
After you’ve tapped on “Buy”, a list of cryptocurrencies will open.
On the list, search for “BNB” on the search bar.
Once you’ve found BNB (Binance Coin), tap on it to open it.
Then, you’ll land on the buying screen of BNB,
To buy BNB, you first need to enter how much BNB you want to purchase with fiat.
For example, if you want to buy $100 worth of BNB, enter “100” on the number pad.
Keep in mind that you need to purchase a minimum of $20 BNB or more/less depending on the country that you’re in.
Next, 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 you’ve tapped on confirm, enter your card information and billing address.
You’ve successfully purchased BNB from the Binance app!
3. Copy your Smart Chain address on Trust Wallet
Once you’ve purchased BNB from the Binance app, you need to transfer it to Trust Wallet.
To begin with, open Trust Wallet.
On the “Wallet” page, you’ll see a list of your cryptocurrencies that you can choose from.
Navigate 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 on “Copy” to copy your Smart Chain address on Trust Wallet.
You’ll need to transfer BNB to this address later on.
4. Transfer your BNB from Binance to Trust Wallet
After you’ve copied your Smart Chain address from Trust Wallet, you need to transfer your BNB from Binance to it.
Firstly, re-open the Binance app.
Then, tap on the wallet icon on the bottom navigation bar.
This will open your Binance portfolio and your cryptocurrency balances.
On your portfolio, tap on “BNB” to open your BNB wallet.
On your BNB wallet, you’ll be able to see the amount of BNB you have.
You’ll also see how much your BNB is worth in fiat, how much of it is in orders, and your transaction history.
On the bottom of the page, you’ll see a “Withdraw” and a “Deposit” button.
Tap on “Withdraw” as you’ll need to withdraw your BNB to Trust Wallet.
The final step is to withdraw your BNB to Trust Wallet.
To do so, paste your Smart Chain address from Trust Wallet on the “Address” field.
You should have already copied your Smart Chain address from the third step.
Next, make sure that the network that you’ve selected is “BEP20 (BSC)”.
By default, after you’ve pasted your Smart Chain address from Trust Wallet on the “Address” field, the network will automatically be “BEP20 (BSC)”.
Then, enter the amount of BNB that 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, then you need to buy more by following the second step.
Lastly, tap on “Withdraw” to transfer your BNB to your Smart Chain address on Trust Wallet.
You’ve successfully learned how to buy BNB if it is not available on Trust Wallet!
In the future, you should buy BNB on Binance instead of Trust Wallet.
This is because the cryptocurrency providers on Trust Wallet charge an extremely high fee.
Buying BNB on Binance can save you a ton of money if you frequently make transactions.
The only additional step that you need to take is to transfer your BNB from Binance to Trust Wallet after you’ve purchased it.