Crypto

3 Steps To Send FTM To Trust Wallet

Send FTM To Trust Wallet

If you own some FTM, you may be looking to send it to your Trust Wallet.

However, there are 4 different versions of FTM that Trust Wallet supports (Native FTM, ERC20, BEP20, and BEP2). 

Here’s a guide on how you can do so:

How to send FTM to Trust Wallet

Here are 3 steps to send FTM to your Trust Wallet:

  1. Select a platform that enables FTM withdrawals via the 4 networks
  2. Obtain the FTM deposit address from Trust Wallet
  3. Send FTM from the platform of your choice to Trust Wallet

Here is each step explained further:

PlatformERC20BEP2BEP20Native FTM
Binance21 FTM0.18 FTM 0.18 FTM0.01 FTM
Crypto.com9 FTM0.1 FTM
FTX0 FTM0 FTM
Gate.io16 FTM1.8 FTM
AAX17 FTM

You may notice that the cheapest way to send FTM to Trust Wallet is via the Binance Smart Chain (BEP20). Moreover, FTX charges the cheapest fees for both BEP2 and native FTM withdrawals.

One thing you may also want to note is that Trust Wallet has separate account balances for these 4 versions of FTM.

Obtain the FTM deposit address from Trust Wallet

When you are on the homepage of your Trust Wallet, you will need to tap on ‘Receive’.

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Trust Wallet will now show you all the tokens that you can deposit onto their platform. If you search for FTM, it will bring up 3 versions of FTM (Native FTM, ERC20, or BEP2). 

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However, you will need to add the BEP20 version of FTM as a custom token. This is similar to adding DAR to Trust Wallet.

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Depending on which network you want to send FTM to your Trust Wallet, you can tap on it and it will give you the corresponding deposit address. 

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You may notice that the ERC20 and BEP20 deposit addresses are actually the same. This is because the Binance Smart Chain is a fork of the ERC20 network.

If you intend to deposit FTM via the Binance Beacon Chain (BEP2), your wallet address would start with ‘bnb‘, and no memo is required! 

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Moreover, if you intend to send FTM via its native chain (FTM), note that your wallet address also starts with ‘0x’.

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Send FTM from the platform of your choice to Trust Wallet

After you have copied the deposit address from Trust Wallet, the last step would be to send FTM from the platform that you’ve selected previously.

In this example, I will be using Binance to send FTM.

If you are sending FTM via the native FTM, BEP20 or ERC20 networks, the address should start with ‘0x‘, and you can choose any of these ways to transfer it out.

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After pasting the address, Binance automatically determines the type of network that will be used.

However, if you are using the BEP2 network to send FTM to Trust Wallet, your address will start with ‘bnb‘. 

chlpbRMZymlk4i69FCS6H2LWaPCqkAFeOcjiTkYA5I3bZpT1ftdFFaKDfSXLqi8hvvQDV77 BGiKW9PXFe9PzZF2hJb0zXXLtxDwgk8Y0KRdfPM76Gl t quhzi8UUpG0s75Wbyh

Furthermore, no memo is required when you are sending from Binance to Trust Wallet!

Once you have confirmed the transaction, you will be able to receive FTM in your Trust Wallet.

Conclusion

When you are sending FTM to Trust Wallet, you are able to send it to 4 networks: Native chain (FTM), ERC20, BEP20, or BEP2. 

For Trust Wallet, your balances from these networks are segregated. This means that if you want to withdraw FTM from your Trust Wallet in the future, you will need to use the same network that you originally used to deposit it.

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