A step-by-step guide to withdraw your crypto from any centralized exchange (CEX) to Trust Wallet
In this guide, we’ll show you how to withdraw funds from a centralized exchange to Trust Wallet.
If you don’t already have Trust Wallet installed for your mobile device or desktop computer, you can get the latest version here: trustwallet.com/download
To withdraw crypto from a centralized exchange to Trust Wallet, you’ll need to:
- Get your Trust Wallet crypto deposit address.
- Input your deposit address into the exchange account, and then initiate the withdrawal of your crypto.
Let’s get started!
Step 1: Get your Trust Wallet deposit address
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Open your Trust Wallet mobile app or Trust Wallet Browser Extension and select the “Receive” button from the main page.
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Select the crypto asset you want to deposit. You can scroll or use the search function to find the asset as well.
Once you’ve selected the asset, you have two options. You can either:
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Use the “Deposit from exchange” option to deposit crypto seamlessly from your exchange account. If you choose this option, follow the remaining steps to deposit crypto from your exchange seamlessly.
OR
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Copy your deposit address and use that on your exchange account or other wallet to send funds to. If you use this option, proceed to Step #2 below.
Step 2: Withdraw the crypto from your exchange account to Trust Wallet
In this step, you’ll paste your Trust Wallet deposit address into the appropriate area of your exchange account.
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Navigate to the withdrawal option on the centralized exchange.
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Locate and select the “Withdrawal” option.
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Now choose the asset you want to withdraw and fill in all the information including your Trust Wallet deposit address.
Note: Paste your Trust Wallet deposit address in order to avoid any errors.
When you’ve got all the information entered, select the option to confirm.
- If needed, follow any security verification instructions to complete the transfer.
And that’s it!
You’ve sent your crypto to your own wallet, meaning you now have complete access and control over your crypto.
From here, you can open Trust Wallet to confirm your funds have arrived. Depending on the asset, transfer times can range from a few minutes to much longer.
Note: Be sure to always check the blockchain network you are using to withdraw assets from your exchange account to your Trust Wallet address. And we encourage you to also check over the details of every transfer carefully.
Why Should You Move Your Crypto from your centralized exchange account to Trust Wallet?
Trust Wallet is a self-custody wallet, which means you have complete access and control over the crypto held in your wallet. Self-custody wallets are also referred non-custodial wallets.
The difference between a self-custody wallet like Trust Wallet and a centralized exchange is that when you keep crypto on an exchange, you have to trust the exchange to “custody” the crypto for you. In other words, the exchange ultimately controls your crypto, not you.
The problem with that is crypto held on exchanges is typically not insured, and you have to trust the exchange will take care of your funds. Unfortunately, that is not always the case as there are sometimes situations that not even the exchange can control, and could lead to the permanent loss of your funds.
That’s why it’s essential that once you’ve transacted on exchanges, that you actually hold your crypto assets in a non-custodial wallet, like Trust Wallet, where only you have control over your funds and your wallet’s private keys. Trust Wallet cannot access your funds, nor do we collect any user data that could identify users.
What Is Trust Wallet?
Trust Wallet mobile is an easy to use, true multi-chain self-custody wallet, which allows you to store and manage over 10 million crypto assets including NFTs across 100 blockchains. No more storing your assets across multiple custody wallets or exchanges! You’ll have peace of mind knowing all your assets are in one safe place.
Your private keys are stored on your device and your assets on-chain meaning you are in full control at all times. Trust Wallet gives you the ability to natively buy, swap and stake your favorite crypto without having to leave the app and also connect to dApps with the in-built dApp browser.
Trust Wallet is used by over 80 million people worldwide!
Download Trust Wallet today to transfer your crypto from your exchange account to Trust Wallet.
After many requests and months of building, Trust Wallet has recently announced its Browser Extension launch to complement its mobile wallet!