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Written by Drew Cochran on January 18, 2022
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How To Transfer From Trust Wallet To BlockFi 2022

A Trust Wallet can be a very secure means of crypto storage. However, it is imperative to keep your recovery phrase or else your account could be lost forever. 

While it may be a safe option for long term storage of crypto, assuming you keep your device safe and secure, you may be looking for other features from an exchange.

One of the most popular ones today is BlockFi, offering interest on crypto deposits, crypto loans and more. 

We will explain how to transfer crypto from your Trust Wallet over to BlockFi, step by step.

How To Transfer From Trust Wallet To BlockFi

Here are the steps in order to transfer crypto from Trust Wallet to BlockFi:

  1. Open a BlockFi Account here
  2. Find Your BlockFi Wallet Address
  3. Withdraw Crypto From Trust Wallet

Without further ado, let's get started!

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1. Open A BlockFi Account

Do you already have a BlockFi account? Skip down to step 2!

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To open a BlockFi account, you'll need the following:

  • Social security number
  • Phone number
  • Valid ID
  • A real-time selfie

BlockFi requires its users be 18 years or older in order to sign up. There's also several states in the US where BlockFi isn't legal, including Vermont, Texas, New York, and a few others.

2. Find Your BlockFi Wallet Address

After you've signed in, you can start a deposit within the BlockFi app.

While we'll do the actual transaction inside of your Trust Wallet, need to grab your new BlockFi wallet address first to send your crypto to the right place.

  1. From your app or browser, click on the "Deposit" button
  2. Select the cryptocurrency you would like to deposit
  3. Copy your wallet address from BlockFi

It's important to consider that BlockFi currently supports Bitcoin, Ethereum, Chainlink, Litecoin, USDCoin, PAXG, DAI, Tether, UNI and BAT.

As a result, these are the only assets you will be able to send over from your Trust Wallet to BlockFi successfully.

3. Withdraw Crypto From Trust Wallet

Once your account is opened and verified and you have copied your destination address, it's time to send your crypto:

  1. Choose the crypto you want to withdraw within Trust Wallet (make sure it's one that BlockFi accepts!)
  2. Select the "Send" button
  3. Paste your BlockFi wallet address
  4. Set the amount of crypto you want to send, and press "Next"
  5. Review transaction details, double-checking that your wallet address is correct
  6. Press "Confirm" to complete your transfer

Most often, it takes around 30 minutes or less to transfer crypto into BlockFi.

Article written by Drew Cochran

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