Buy Bitrise Token On Trust Wallet: A Step-by-Step Guide

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Buy Bitrise Token on Trust Wallet: A Step-by-Step Guide

Hey guys! Ever heard of Bitrise and thought about adding it to your crypto portfolio? If you're already using Trust Wallet, you're in luck! This guide will walk you through the process of buying Bitrise token directly on Trust Wallet, making it super easy and convenient. Let's dive right in!

What is Bitrise Token?

Before we get started, let's quickly understand what Bitrise token is all about. Bitrise is a crypto engineering organization that focuses on blockchain technology and product auditing. The Bitrise token (BRISE) is a BEP-20 token on the BNB Smart Chain (formerly Binance Smart Chain). It's known for its innovative features like hyper-deflation, automatic liquidity pool injection, and buyback mechanism.

But why should you care? Well, Bitrise aims to provide a platform for developers to create and launch their own decentralized applications (dApps). It also offers staking rewards and other benefits to its holders. Now that you know a bit about it, let’s get to the juicy part – how to buy it on Trust Wallet!

Setting Up Trust Wallet

First things first, you need to have Trust Wallet set up on your smartphone. If you already have it, great! You can skip this section. If not, follow these simple steps:

  1. Download Trust Wallet: Head over to your app store (either Google Play Store for Android or App Store for iOS) and download the Trust Wallet app.
  2. Create a New Wallet: Open the app and tap on “Create a new wallet.”
  3. Back Up Your Recovery Phrase: This is super important! The app will show you a 12-word recovery phrase. Write it down on a piece of paper and store it in a safe place. This phrase is the only way to recover your wallet if you lose your phone or forget your password. Do not take a screenshot or store it on your phone, as this could compromise your security.
  4. Verify Your Recovery Phrase: The app will ask you to verify the phrase by entering the words in the correct order. This ensures that you have properly backed it up.
  5. Set a Passcode: Create a strong passcode to protect your wallet from unauthorized access.

Congratulations! You've successfully set up your Trust Wallet. Now, let’s get ready to buy some Bitrise.

Funding Your Trust Wallet

Before you can buy Bitrise, you need to have some BNB (Binance Coin) in your Trust Wallet. BNB will be used to swap for Bitrise on PancakeSwap, which we'll cover later.

Here’s how to fund your Trust Wallet with BNB:

  1. Buy BNB from an Exchange: If you don't already have BNB, you'll need to buy it from a cryptocurrency exchange like Binance, Coinbase, or Kraken. Purchase the amount of BNB you want to use for buying Bitrise, plus a little extra to cover transaction fees.
  2. Withdraw BNB to Your Trust Wallet:
    • Open your Trust Wallet and tap on “BNB.”
    • Tap on “Receive.” This will display your BNB wallet address and a QR code.
    • Copy the BNB wallet address.
    • Go to the exchange where you bought BNB and initiate a withdrawal.
    • Paste your Trust Wallet BNB address in the withdrawal address field.
    • Double-check the address to make sure it’s correct. Sending BNB to the wrong address could result in permanent loss of funds.
    • Confirm the withdrawal. You may need to complete a verification process, depending on the exchange.
  3. Wait for the Transaction to Confirm: It usually takes a few minutes for the BNB to appear in your Trust Wallet. Once the transaction is confirmed, you'll see your BNB balance updated.

Now that your Trust Wallet is funded with BNB, you're one step closer to owning Bitrise!

Swapping BNB for Bitrise on PancakeSwap

Bitrise isn't directly available for purchase on Trust Wallet. Instead, you'll need to use a decentralized exchange (DEX) called PancakeSwap. Trust Wallet has a built-in DApp browser that allows you to access PancakeSwap directly from the app.

Here’s how to swap your BNB for Bitrise on PancakeSwap:

  1. Access PancakeSwap via Trust Wallet DApp Browser:
    • Open your Trust Wallet app.
    • Tap on “DApps” (if you're using an iOS device, this option might not be visible. In that case, you'll need to enable the DApp browser in Trust Wallet settings or use an Android device).
    • Scroll down and find “PancakeSwap” under the “Popular” section, or use the search bar to find it.
  2. Connect Your Trust Wallet to PancakeSwap:
    • Once PancakeSwap loads, tap on “Connect Wallet” in the top right corner.
    • Choose “Trust Wallet” from the list of available wallets.
    • Your Trust Wallet is now connected to PancakeSwap.
  3. Select BNB and Bitrise:
    • In the PancakeSwap interface, you’ll see two tokens: “From” and “To.”
    • In the “From” field, select “BNB.”
    • In the “To” field, you’ll need to add the Bitrise token contract address. This is important because it ensures you're swapping for the correct token. The Bitrise token contract address is: 0x8fff93e810a2eda5aa6ac8326e75e650afe5b363
    • Tap on “Select a token” and paste the contract address into the search bar. Bitrise (BRISE) should appear. Tap on it to select it.
  4. Enter the Amount of BNB to Swap:
    • Enter the amount of BNB you want to swap for Bitrise.
    • PancakeSwap will automatically calculate the amount of Bitrise you'll receive based on the current exchange rate.
  5. Adjust Slippage Tolerance:
    • Slippage tolerance is the percentage difference between the expected price and the actual price of the trade. Due to the volatility of cryptocurrencies, it’s important to set an appropriate slippage tolerance.
    • Tap on the settings icon (usually a gear icon) next to the “Swap” button.
    • Enter a slippage tolerance of 5-12%. Bitrise can be volatile, so a higher slippage tolerance might be necessary for the transaction to go through.
  6. Swap BNB for Bitrise:
    • Tap on “Swap.”
    • A confirmation window will appear, showing the details of the transaction.
    • Review the details and tap on “Confirm Swap.”
  7. Confirm the Transaction in Trust Wallet:
    • Trust Wallet will prompt you to confirm the transaction. This will show the transaction fees (gas fees) required to process the swap.
    • Tap on “Confirm” to authorize the transaction.
  8. Wait for the Transaction to Confirm: It may take a few minutes for the transaction to be processed on the blockchain. You can view the transaction details on BSCScan (Binance Smart Chain explorer) by tapping on the link provided in Trust Wallet.

Once the transaction is confirmed, the Bitrise tokens will appear in your Trust Wallet!

Adding Bitrise as a Custom Token in Trust Wallet (If Needed)

Sometimes, after buying Bitrise, it might not automatically appear in your Trust Wallet. If this happens, you need to add it as a custom token.

Here’s how to add Bitrise as a custom token:

  1. Find the Token Contract Address: Make sure you have the correct Bitrise token contract address: 0x8fff93e810a2eda5aa6ac8326e75e650afe5b363
  2. Add Custom Token:
    • Open your Trust Wallet.
    • Tap on the “Add Tokens” icon in the top right corner (it looks like two sliders).
    • Tap the “+” icon in the top right corner to add a custom token.
    • Change the network from “Ethereum” to “Smart Chain.”
    • Paste the Bitrise token contract address in the “Contract Address” field.
    • The “Name” and “Symbol” fields should automatically populate with “Bitrise” and “BRISE,” respectively. If they don’t, manually enter them.
    • The “Decimals” field should be “9.”
    • Tap on “Save.”

Bitrise should now be visible in your Trust Wallet.

Security Tips

Before we wrap up, let’s talk about security. Cryptocurrencies can be risky, so it's important to take precautions to protect your investment.

  • Protect Your Recovery Phrase: Never share your 12-word recovery phrase with anyone. Store it offline in a secure location.
  • Beware of Phishing Scams: Be cautious of suspicious emails, messages, or websites that ask for your private keys or personal information.
  • Use a Strong Passcode: Create a strong, unique passcode for your Trust Wallet.
  • Enable Two-Factor Authentication (2FA): If available, enable 2FA for your Trust Wallet and any exchanges you use.
  • Keep Your Software Updated: Regularly update your Trust Wallet app and your device’s operating system to patch security vulnerabilities.

Conclusion

Buying Bitrise on Trust Wallet might seem a little complicated at first, but once you get the hang of it, it’s quite straightforward. Just remember to follow the steps carefully, double-check all addresses and amounts, and prioritize security. Happy trading, and welcome to the world of Bitrise! This comprehensive guide should set you well on your way. Always remember to do your own research and only invest what you can afford to lose. Good luck, and happy investing!