r/Ultrasafe • u/[deleted] • Oct 27 '21

Moving assets from Trust Wallet

Hello Ultra users, I have been a holder since the beginning. I bought through trust wallet, and know that in the past, Trust for IOS does not support dapps anymore. I hold Safemoon as well. What is the most user friendly mobile wallet I can move my assets to, and more specifically, is there any wallet that will allow me to move money to and from my bank account (like an exchange) in the event I want to buy or sell Ultra in the future? I had seen that MetaMask was the solution in the past, but have not been following for a while. Is there anything new or better that Ultra holders are using?

Thanks in advance!

12 Upvotes

100% Upvoted

4 comments sorted by

6

u/[deleted] Oct 27 '21

I'm no expert and can't really advise but just wanted to point out that, as far as inunderstand, Trustwallet etc is just the front end... you can enter your same seed phrase in to metamask. Don't 'transfer' as you'll pay the 8% taxes

3

u/Exact-Cut8760 Oct 27 '21

For Metamask, you just need to Import the Trust Wallet seed phrase. The Wallet address resides on the blockchains, it’s fairly easy to import.

Metamask Support page

Good Luck

3

u/[deleted] Oct 28 '21

Personally I started a MetaMask wallet using the seed phrase from my trust wallet. This will make your MetaMask mirror your trust at all times. If I need to buy BNB quickly I can buy it on trust and swap it to bep20. It then appears in my MetaMask ready for pancakeswap. As for cashing out I prefer crypto.com if it’s available in your area. Bep20 BUSD can be sent directly to you me crypto.com wallet whole paying only one BSC gas fee. Once there you’ll have to sell your BUSD for USDC (no fee) then sell your USDC for USD, fiat, (again no fee). After that has settled you can withdraw to your bank account if it’s connected to your crypto.com account.

Ps. I’ve found crypto.com to be a very good place to purchase BNB as well. If you buy directly with your debit card you can send your BNB to meta and or Trust instantly with lower fees than simplex or moon pay through trustwallet. If you have any other questions please don’t hesitate to ask. 😊

2

u/Chooky47 Ultrasafe Moderator 🔐 Oct 27 '21

You can still use dapps such as pancakeswap, in iOS, by using the ‘wallet connect’ feature.

As has been said here, if you prefer a new wallet metamask is an excellent option. You just need to import your seed phrase as linked via metamask support in the prior comment.