Trust Wallet users often choose this decentralized wallet to store their tokens and other crypto assets.
The security measures implemented by Trust Wallet are meant to prevent stolen crypto and shady situations from happening with a user’s address.
That’s why checking your money, coins, cryptos, and more; it’s a must to ensure correct usage of the platform.
Checking the history of each coin is fundamental if you want to track and manage your income in an efficient way.
Therefore, if you want to know how to check your history report, we have the answer you need.
In this blog post, you will find useful data and more details about:
How to see Trust Wallet Transaction History;
Why is it important to generate a report associated with your history?;
Important information that you need to know about the history report on Trust Wallet.
Table Of Contents
Can You Check Your Transaction History on Trust Wallet App Version?
Most people who create a Trust Wallet address use the platform just to manage their balance instead of choosing other wallets.
You can connect the app to your iPhone or Android phone, which makes it really easy to use.
Nonetheless, if you are a user that needs to calculate your crypto taxes, or fill in tax forms, then it’s in your best interest to know how to check your transaction report.
What’s more, you need to check the history and import it on an external wallet explorer.
Pro Tip: When you set up your Trust Wallet address, it’s fundamental to save the recovery phrases related to it.
Be sure to store the recovery phrase in a safe place!
Typing the right set of phrases might later be helpful to regain access to your account and, eventually,Withdraw Money from Trust Wallet if you please.
Why Are Trust Wallet Transactions Important?
Depending on the country you live in, the tax authority might ask you to clearly state the origin of your funds, purchases, and trades.
Some users need to generate a crypto taxes report where they state each transaction in order to successfully fill in tax forms.
Nonetheless, since Trust Walle is a decentralized platform, it doesn’t generate any kind of tax report that can be used.
To calculate and track your transactions, you need to download the history and get help from third-party services.
Note that we don’t provide services related to crypto taxes on our website.
Read Also: If you want to buy, trade, orSell Safemoon on Trust Wallet, but some errors are popping out while doing so, then read our blog post to learn how to achieve this!
How to Check and Download Your Trust Wallet Transaction History
Before we continue, it’s important to state something important: you can only check sending and receiving transactions in the Trust Walle App.
So, even if you go to the settings option and press all buttons, you won’t see DEXs and DApps swapping history with your wallets on the app.
For these purposes, you need to use an explorer of a certain coin and connect it with your address data.
Pro Tip: Be careful when sending money to an external wallet. Typing in the wrong address might end up in your funds getting lost, so always double-check any transaction before proceeding.
Step 1: Sign or Log In to Your Trust Wallet Account
First, log in to your account on your mobile device.
As you imagine, you can only check the recent sending/receiving transactions on the home screen here.
Step 2: Find the Wallet Address of the Coin You Want to Check
Tapping on the “tokens” tab will show you a list of all the coins set on Trust Wallet.
There, you must select the specific coin you want to check the transaction history of.
Once you do it, copy the wallet address and follow the next step.
Step 3: Check the Public Address of your Wallet on its Respective Exchange
At this point, it’s fundamental to use a DEX Explorer, which is a tool that lets you access useful blockchain data.
Now, depending on the network you want to check, it’s necessary to go to a specific explorer.
Typing in your specific address will generate a transaction history linked to your Trust Wallet operations.
You can usually download this history and import it as a CSV file for later use.
Read Also: Do you want to start a transaction on Trust Wallet, but are worried about the fees?
Worry no more - read ourTrust Wallet Fees article to learn more about this topic!
What if I Can’t Check Transaction History on Trust Wallet?
If, for any reason, you can’t even check your sent/received tokens history on Trust Wallet, you need to contact the Support team to figure out what is happening and fix the issue ASAP.
Usually, these errors are fixed by themselves.
Either way, you can contact the support teamby clicking here, or, alternatively, send an email explaining your case in the subject shortly.
Normally, they will ask you to take a screenshot (or screenshots) and attach a Transaction hash or link only if you need to check the history of a very specific transaction.
Keep in mind that if you upload further details of your issues, it will be way easier for the team to assist you efficiently.
There you go - you can now check your Trust Wallet history at your will!
Trust Wallet Transaction History FAQ
Why is My Transaction History on Trust Wallet Not Showing?
Perhaps it is just a temporary problem that happens to some users of this wallet app.
If the issue persists, contact the support team as soon as you can.
This article is part of ourTrust Wallet Guide where you can learn everything about Trust Wallet and how to use it - check it out!
About the author
Steve
Steve specializes in cryptocurrency and finance. As a born researcher, he won’t leave any stone unturned when it comes to topics he covers.
Try opening a Browser or opening another app that connects to the internet. Switch off/on your Mobile Data, try to reconnect to a different WiFi Hotspot. If there is a connection problem then you would need to check this further on either your device settings or Internet provider.
Try opening a Browser or opening another app that connects to the internet. Switch off/on your Mobile Data, try to reconnect to a different WiFi Hotspot. If there is a connection problem then you would need to check this further on either your device settings or Internet provider.
Anyone can see the balance and all transactions of any address. Since users usually have to reveal their identity in order to receive services or goods, Bitcoin addresses cannot remain fully anonymous.
From the bottom of the screen, slide your finger up to show your contacts. To see all transactions: At the bottom of the screen, tap All transactions. To see transactions with a specific person: Tap the contact.
Some retailers don't process payments straight away so these will not appear in your pending transactions. The payment will appear when the retailer processes it, usually within a couple of days. Examples of offline payments include payments made on flights, parking, toll roads and market stalls.
However, due to the nature of blockchain transactions, stolen funds are hard to trace and unlikely to be recovered. Once transactions are confirmed on the blockchain, they are irreversible. As Trust Wallet is a non-custodial wallet, it doesn't hold users' private keys and doesn't have access to their funds.
On the Let's find the transaction screen, enter the Ethereum transaction hash ID and the crypto address you received the unsupported asset on, then select Continue.
Once the transaction is found, you'll be prompted to Continue.
This rule generally prohibits the IRS from levying any assets that you placed into an irrevocable trust because you have relinquished control of them. It is critical to your financial health that you consider the tax and legal obligations associated with trusts before committing your assets to a trust.
If you don't pay next year's tax bill, the IRS can't usually go after the assets in your trust unless it proves you're pulling some sort of tax scam. If your trust earns any income, it has to pay income taxes. If it doesn't pay, the IRS might be able to lien the trust assets.
When you put your assets into an irrevocable trust, they no longer belong to you, the taxpayer (this is different from a revocable trust, where they do still belong to you). This means that generally, the IRS cannot touch your assets in an irrevocable trust.
Yes, Bitcoin is traceable. Here's what you need to know: Blockchain transactions are recorded on a public, distributed ledger. This makes all transactions open to the public - and any interested government agency.
As users do not need any personal ID for downloading Trust Wallet, it is anonymous, too. However, if you have added two-factor authentication (2FA) to your app or use exchanges that ask for KYC, your identity can be revealed.
You must report income, gain, or loss from all taxable transactions involving virtual currency on your Federal income tax return for the taxable year of the transaction, regardless of the amount or whether you receive a payee statement or information return.
Our platform updates nightly, so some transactions that are finalized during the day may not show up until the following day. If a transaction has posted for more than a day and is still not showing up on your account, please try unlinking your account, and then linking it again.
A credit card transaction is generally pending for one to five business days. Bank of America says a pending transaction on debit cards can take three to five business days to post. The time depends, to some extent, on how the debit card is used.
Pending transactions are transactions that haven't been fully processed yet. For example, if you make a purchase with a debit card or credit card, it will almost always show as pending immediately when you view your account online or in a mobile banking app.
After an initial failure to file, the IRS will notify any taxpayer who hasn't completed their annual return or reports. If, after 90 days, you still haven't included your crypto gains on Form 8938, you could face a fine of up to $50,000.
The best idea is to amend your tax return from whichever year(s) you didn't include your crypto trades. You have three years from the date that you filed your return to file an amended return. Some investors fear that submitting an amended return may increase their risk of a future audit.
Do you need to report taxes on crypto you don't sell? If you buy crypto, there's nothing to report until you sell. If you earned crypto through staking, a hard fork, an airdrop or via any method other than buying it, you'll likely need to report it, even if you haven't sold it.
You can get it here: trustwallet.com/download. Step 2: Open Trust Wallet, select “Create a new wallet” and create your passcode. Step 3: Choose “Back up to Google Drive” on your Android device.
Due to the irreversible nature of cryptocurrency protocols, transactions can't be cancelled or reversed once initiated. If you sent funds to the wrong address, you'll need to contact the receiving party and ask for their cooperation in returning the funds.
We do not store any of your personal information on our servers and thus can't recover your funds if you lose your 12-Word recovery phrase. There is no other way to recover a lost Recovery Phrase. So as much as possible, do a Backup. Tip!
At the basis of cryptocurrencies like Bitcoin (BTC) stands blockchain technology. A fundamental characteristic of blockchain technology is transparency, meaning that anyone, including the government, can observe all cryptocurrency transactions conducted via that blockchain.
It is important to highlight, your seed phrase only ensures you will have access to your cryptocurrency inside your wallet. If someone steals your phrase, you will still be able to access the wallet, but the funds may be gone - since whoever knows your seed phrase can spend all of that cryptocurrency.
A hack targeting a Trust Wallet user sent a shock wave to the community. In a new update on Twitter, Trust Wallet said it was caused by a social engineering scam. The scam, which took place by the end of 2022, involved an “organized crime unit” that came across as a Web3 investor and stole $4 million from the user.
Some scammers offer so-called recovery services to people who have lost money to fraud. If you've lost money in crypto, scammers might try to convince you they can get your money back. (Spoiler alert: they can't.)
While individuals have come to trust several crypto wallets and exchanges in order to carry out transactions securely, if your crypto assets are lost, hacked or stolen, there is usually no way to recover your funds.
Working with a Recovery Firm. A crypto recovery firm can help retrieve lost or stolen crypto funds. They use their technical expertise and resources to track down and recover lost crypto assets.
However, due to the nature of blockchain transactions, stolen funds are hard to trace and unlikely to be recovered. Once transactions are confirmed on the blockchain, they are irreversible. As Trust Wallet is a non-custodial wallet, it doesn't hold users' private keys and doesn't have access to their funds.
Yes, the IRS can track cryptocurrency, including Bitcoin, Ether and a huge variety of other cryptocurrencies. The IRS does this by collecting KYC data from centralized exchanges.
In addition, major exchanges issue 1099 forms to customers and to the IRS reporting on your crypto transaction activity. If you don't report transactions that have been reported to the IRS via Form 1099, you may automatically be sent a warning letter about your unpaid tax liability.
You can quickly request transcripts by using our automated self-help service tools. Please visit us at IRS.gov and click on "Order a Return or Account Transcript" or call 1-800-908-9946. If you need a copy of your return, use Form 4506, Request for Copy of Tax Return.
On the Let's find the transaction screen, enter the Ethereum transaction hash ID and the crypto address you received the unsupported asset on, then select Continue.
Once the transaction is found, you'll be prompted to Continue.
Taxpayers are required to report all cryptocurrency transactions, including buying, selling, and trading, on their tax returns. Failure to report these transactions can result in penalties and interest.
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