How to sell crypto on Trust Wallet? How to swap tokens back to stablecoins?

Accessing the Swap Feature in Trust Wallet

1. Open the Trust Wallet application on your mobile device and unlock it using your passcode, biometric authentication, or recovery phrase.

2. Navigate to the Swap tab located at the bottom navigation bar — this is the central interface for token exchanges.
3. Ensure your wallet is connected to the correct blockchain network where your target cryptocurrency resides, such as Ethereum, BSC, or Polygon.
4. Tap the “From” field and select the crypto asset you wish to sell from your wallet balance.
5. Tap the “To” field and search for a stablecoin like USDT, USDC, or DAI that exists on the same network.

Selecting Liquidity Sources and Price Slippage

1. Trust Wallet aggregates liquidity from multiple decentralized exchanges including PancakeSwap, Uniswap, and SushiSwap.

2. The app displays real-time exchange rates, estimated output, and network fees before confirming the transaction.
3. Adjust slippage tolerance manually if price volatility is high — default settings are usually 0.5% to 1%, but may be increased to 3% during sharp market movements.
4. A warning appears if the selected pair has low liquidity, indicating potential price impact or failed execution.
5. Review the “Allowance” prompt carefully; approving unlimited token access carries security implications and should be avoided unless necessary.

Confirming and Executing the Swap Transaction

1. After selecting tokens and reviewing all parameters, tap “Swap” to initiate the process.

2. A confirmation screen shows gas fee estimation, transaction deadline, and final amounts — all values are non-editable at this stage.
3. Confirm with your wallet password or biometric verification to sign the transaction.
4. The transaction appears in your activity feed with status indicators: “Pending”, “Confirmed”, or “Failed”.
5. Once confirmed on-chain, the swapped stablecoins appear in your wallet balance within seconds to minutes depending on network congestion.

Managing Wallet Permissions Post-Swap

1. Go to Settings > Wallets > [Your Wallet Address] > Token Approvals to view active allowances.

2. Revoke permissions for protocols you no longer use by tapping the trash icon next to each approved contract.
3. Some stablecoin contracts require separate approval even after swapping — verify via Etherscan or BscScan if unexpected failures occur.
4. Avoid reusing old allowance approvals across different networks — cross-chain approvals do not transfer automatically.
5. Monitor pending transactions through the “Activity” tab to detect stuck swaps caused by insufficient gas or expired deadlines.

Frequently Asked Questions

Q: Why does my swap show “Insufficient Balance” even though I see the token in my wallet?A: This occurs when the token is on a different network than the one currently selected — switch networks in the top-left corner to match the token’s native chain.

Q: Can I swap tokens directly to fiat currency using Trust Wallet?A: No. Trust Wallet does not support direct crypto-to-fiat conversion. Stablecoins must be withdrawn to a centralized exchange or payment service supporting fiat off-ramps.

Q: What happens if I set slippage too low during high volatility?A: The transaction will likely revert with “Price Impact Too High” or fail due to exceeding the allowed deviation — resulting in lost gas fees without token movement.

Q: Is it safe to approve unlimited spending for a DEX aggregator?A: Unlimited approvals increase risk exposure. Use minimal required allowances whenever possible and revoke unused ones regularly to reduce attack surface.