create account

Using Trust Wallet for Point of Sale Purchases with Hive by shortsegments

View this thread on: hive.blogpeakd.comecency.com
· @shortsegments · (edited)
$8.36
Using Trust Wallet for Point of Sale Purchases with Hive
#### Introduction:

*I have been researching how to spend hive and perhaps HBD using the existing Point of Sale Infrastructure.*  *My thought is that if I can figure out how to sell Hive in a mobile phone App and send the cash to an in App Debit card, then I can connect the debit card to Google Pay or Apple Pay and buy things.*
#
 https://img.leopedia.io/DQmNk1k3xKvgvu88zaMynwxDhJPDqsmamBvfA1SAjDJSbCn/22machine-web1alt1-articleLarge.webp 


#### Body
## Using existing Point of Sale Infrastructure to buy stuff with Hive- the short version:

*So far the steps I mapped out with my research were;*
- First,  transfer spendable Hive to my Trust Wallet.
- Second connect Trust wallet to MoonPay.
- Third sell HIve for my countries currency, and choose direct cash to Debit Card.
- Connect my debit card to Google Pay / Apple Pay.
- Buy stuff with the new cash on my Debit Card. 

*Insights*
- I only need to connect the debit card to MoonPay once and it remembers.
- I only need to connect my Debit Card to Google Pay or Apple PAy once, after that it remembers.
-  By using the debit card I buy stuff with my HIve with no special infrastructure.

## Important consideration
- I counted the steps it usually takes to transfer Hive to a centralized exchange, sell it, transfer the cash to my bank, waiting the mandatory 2-3 days for the ACH transfer, then transfer the money to my phone debit card, wait 2-3 days for the ACH transfer to go through, and then buy stuff.  
- It seems that selling crypto for cash gives you spendable cash right away and originally it allowed you to buy more crypto right away, but now that you can send the cash directly to a debit card within the App you have access to the cash immediately. 

## Feedback
- What do you think?
- Do you have any experience with Trust Wallet and MoonPay??
- Put your answers in the comments below.
#

## Using Trust Wallet for Point of Sale Purchases with Hive: Long Version

#### Main Points

- Trust Wallet allows sending Hive via browser and mobile phone.

- Trust Wallet is a browser-based, self-custody wallet for storing Hive, supporting many assets across various blockchains.

#### Other Good Points

Self-Custody: Full control over private keys and seed phrase, ensuring Hive ownership.

Wide Support: Supports Hive and millions of assets across hundreds of blockchains.

User-Friendly: Designed for both beginners and experienced users.

Security: Known for security features and independent audits.

Conclusion: Trust Wallet is a good option for secure Hive storage with complete asset control.

Selling Cryptocurrency inside Trust Wallet

Primarily through In-App Third-Party Providers.

Partnerships allow direct conversion to fiat and bank account deposits.

Alternative: Sending crypto to centralized exchanges supporting fiat withdrawals.

Another option: Swapping less common crypto for more common ones (e.g., BNB, ETH) on DEXs and then selling on centralized exchanges.

#### Important Considerations:

Be aware of blockchain and third-party/exchange transaction fees.

Check supported fiat currencies and payment methods of providers/exchanges.

Always double-check addresses to prevent sending errors.

This process enables selling crypto within Trust Wallet for fiat currency.

Trust Wallet 3rd Party Vendors Offer Debit Cards with Immediate Access to Cash from Cryptocurrency Sales.

Many providers, like MoonPay and Topper, offer debit card withdrawals.

Allows selling Hive, adding cash to a debit card, and using it for point-of-sale purchases.

#### Examples:

- MoonPay

Enables selling crypto (e.g., Tether, XRP) for bank account or debit card payouts.

Fiat payout can be directed to Visa or Mastercard.

Accepts Visa, Mastercard, and Maestro debit cards for purchases.

Supports bank transfers and digital wallets like Apple Pay and Google Pay.

####  How does it work?

- First,  transfer spendable Hive to my Trust Wallet.
- Second connect Trust wallet to MoonPay.
- Third sell HIve for my countries currency, and choose direct cash to Debit Card.
- Connect my debit card to Google Pay / Apple Pay.
- Buy stuff with the new cash on my Debit Card. 

#### Last words

Thats how it works on paper.
I wonder if someone already uses this?
I wonder if they have any tips or tricks?
Please write feedback below.

#
## The End. 
  
 #### This post was written by @shortsegments 
  
 https://media.tenor.com/Uqyx_kdSrWkAAAAC/thanks-thanking-you.gif 


#Thank #you  #for  #reading  #my  #post 
 https://img.leopedia.io/DQmYkFKTezdNhSGnhpMWvtdXCcRyG5AciGwNV2jGrAmRp6m/Screenshot%202025-05-11%20at%202.39.29%E2%80%AFAM.png 

#
  https://img.leopedia.io/DQmZmHtKxM8HoTjEh8BMgRESb6R8X4cdwcXjsG2bArSzMGD/Screenshot%202025-05-11%20at%203.36.32%E2%80%AFAM.png 
[Picture Source](https://hivebuzz.me/@shortsegments)
#
 https://img.leopedia.io/DQmSN9BaakE216rMyM8BZrEULnXH98iLTJLWVpQEEeShGoQ/Screenshot%202025-05-11%20at%203.34.53%E2%80%AFAM.png 
[Picture Source](https://hivebuzz.me/@shortsegments)
 

Posted Using [INLEO](https://inleo.io/@shortsegments/using-trust-wallet-for-point-of-sale-purchases-with-hive-6fm)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 23 others
properties (23)
authorshortsegments
permlinkusing-trust-wallet-for-point-of-sale-purchases-with-hive-6fm
categoryhive-126009
json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["hive-126009","spending-hive","gems","eccency","brk","pal","cryptocurrency","bitsocial"],"canonical_url":"https://inleo.io/@shortsegments/using-trust-wallet-for-point-of-sale-purchases-with-hive-6fm","links":["https://hivebuzz.me/@shortsegments)","https://hivebuzz.me/@shortsegments)","https://inleo.io/@shortsegments/using-trust-wallet-for-point-of-sale-purchases-with-hive-6fm)"],"images":["https://img.leopedia.io/DQmNk1k3xKvgvu88zaMynwxDhJPDqsmamBvfA1SAjDJSbCn/22machine-web1alt1-articleLarge.webp","https://media.tenor.com/Uqyx_kdSrWkAAAAC/thanks-thanking-you.gif","https://img.leopedia.io/DQmYkFKTezdNhSGnhpMWvtdXCcRyG5AciGwNV2jGrAmRp6m/Screenshot%202025-05-11%20at%202.39.29%E2%80%AFAM.png","https://img.leopedia.io/DQmZmHtKxM8HoTjEh8BMgRESb6R8X4cdwcXjsG2bArSzMGD/Screenshot%202025-05-11%20at%203.36.32%E2%80%AFAM.png","https://img.leopedia.io/DQmSN9BaakE216rMyM8BZrEULnXH98iLTJLWVpQEEeShGoQ/Screenshot%202025-05-11%20at%203.34.53%E2%80%AFAM.png"],"isPoll":false,"dimensions":{}}
created2025-05-19 08:51:45
last_update2025-05-24 22:09:39
depth0
children9
last_payout2025-05-26 08:51:45
cashout_time1969-12-31 23:59:59
total_payout_value4.078 HBD
curator_payout_value4.283 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length5,094
author_reputation675,091,010,519,247
root_title"Using Trust Wallet for Point of Sale Purchases with Hive"
beneficiaries
0.
accountleofinance
weight500
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id142,824,041
net_rshares24,156,436,037,013
author_curate_reward""
vote details (87)
@goshen ·
$0.36
Trust Wallet is actually a good wallet. I have used it couple of times and I can vividly recommend their service 
👍  
properties (23)
authorgoshen
permlinkre-shortsegments-swj4e2
categoryhive-126009
json_metadata{"tags":["hive-126009"],"app":"peakd/2025.5.6","image":[],"users":[]}
created2025-05-19 22:13:15
last_update2025-05-19 22:13:15
depth1
children3
last_payout2025-05-26 22:13:15
cashout_time1969-12-31 23:59:59
total_payout_value0.180 HBD
curator_payout_value0.180 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length113
author_reputation15,433,810,339,465
root_title"Using Trust Wallet for Point of Sale Purchases with Hive"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id142,835,844
net_rshares1,025,819,098,326
author_curate_reward""
vote details (1)
@shortsegments ·
$0.03
Thank you
Do you use Moonpay? 
Have you connected it to a debit card?
👍  ,
properties (23)
authorshortsegments
permlinkswjvlt
categoryhive-126009
json_metadata{"app":"hiveblog/0.1"}
created2025-05-20 08:01:06
last_update2025-05-20 08:01:06
depth2
children2
last_payout2025-05-27 08:01:06
cashout_time1969-12-31 23:59:59
total_payout_value0.014 HBD
curator_payout_value0.014 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length69
author_reputation675,091,010,519,247
root_title"Using Trust Wallet for Point of Sale Purchases with Hive"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id142,841,947
net_rshares88,213,474,861
author_curate_reward""
vote details (2)
@goshen ·
$0.17
No I haven't 

I actually tried using it few times past but I didn't use it eventually 

But I used trust wallet a lot 
👍  
properties (23)
authorgoshen
permlinkre-shortsegments-swk5z1
categoryhive-126009
json_metadata{"tags":["hive-126009"],"app":"peakd/2025.5.6","image":[],"users":[]}
created2025-05-20 11:45:03
last_update2025-05-20 11:45:03
depth3
children1
last_payout2025-05-27 11:45:03
cashout_time1969-12-31 23:59:59
total_payout_value0.084 HBD
curator_payout_value0.084 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length119
author_reputation15,433,810,339,465
root_title"Using Trust Wallet for Point of Sale Purchases with Hive"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id142,844,568
net_rshares487,780,043,907
author_curate_reward""
vote details (1)
@lee1938 ·
$0.17
https://x.com/lee19389/status/1924925239810515026
#hive #posh
👍  
properties (23)
authorlee1938
permlinkswku8b
categoryhive-126009
json_metadata{"tags":["hive","posh"],"app":"hiveblog/0.1"}
created2025-05-20 20:29:00
last_update2025-05-20 20:29:00
depth1
children0
last_payout2025-05-27 20:29:00
cashout_time1969-12-31 23:59:59
total_payout_value0.086 HBD
curator_payout_value0.087 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length61
author_reputation46,821,319,332,028
root_title"Using Trust Wallet for Point of Sale Purchases with Hive"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id142,856,868
net_rshares498,902,752,815
author_curate_reward""
vote details (1)
@tahirmuneer ·
$0.37
https://x.com/jewellery_all/status/1924507864787493250
#hive
👍  
properties (23)
authortahirmuneer
permlinkswipfq
categoryhive-126009
json_metadata{"tags":["hive"],"app":"hiveblog/0.1"}
created2025-05-19 16:50:15
last_update2025-05-19 16:50:15
depth1
children1
last_payout2025-05-26 16:50:15
cashout_time1969-12-31 23:59:59
total_payout_value0.183 HBD
curator_payout_value0.183 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length60
author_reputation15,942,006,640,839
root_title"Using Trust Wallet for Point of Sale Purchases with Hive"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id142,831,136
net_rshares1,046,717,797,425
author_curate_reward""
vote details (1)
@shortsegments ·
$0.03
properties (23)
authorshortsegments
permlinkswjvkg
categoryhive-126009
json_metadata{"app":"hiveblog/0.1"}
created2025-05-20 08:00:21
last_update2025-05-20 08:00:21
depth2
children0
last_payout2025-05-27 08:00:21
cashout_time1969-12-31 23:59:59
total_payout_value0.014 HBD
curator_payout_value0.014 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length6
author_reputation675,091,010,519,247
root_title"Using Trust Wallet for Point of Sale Purchases with Hive"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id142,841,937
net_rshares87,337,027,465
author_curate_reward""
vote details (3)
@travelwritemoney ·
$0.13
HBD > v4v.app > Bitcoin lightning wallet (or Bitefill)

In my case, in Texas, it can go HBD > v4v.app > Fold App (has a debit card and easy BTC to cash conversion)

Or HBD > v4v.app > Coinbase (has a debit card that can spend directly from BTC). 

Obviously, it will vary by country and comfort with KYC/AML
👍  
properties (23)
authortravelwritemoney
permlinkre-shortsegments-2025521t153534979z
categoryhive-126009
json_metadata{"tags":["hive-126009","spending-hive","gems","eccency","brk","pal","cryptocurrency","bitsocial"],"app":"ecency/4.0.4-vision","format":"markdown+html"}
created2025-05-21 20:35:36
last_update2025-05-21 20:35:36
depth1
children1
last_payout2025-05-28 20:35:36
cashout_time1969-12-31 23:59:59
total_payout_value0.066 HBD
curator_payout_value0.067 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length307
author_reputation25,934,581,820,677
root_title"Using Trust Wallet for Point of Sale Purchases with Hive"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id142,884,664
net_rshares383,372,698,260
author_curate_reward""
vote details (1)
@shortsegments ·
$0.03
Thanks for sharing.
I will explore Fold App!
👍  , , ,
properties (23)
authorshortsegments
permlinkswmtty
categoryhive-126009
json_metadata{"app":"hiveblog/0.1"}
created2025-05-21 22:15:36
last_update2025-05-21 22:15:36
depth2
children0
last_payout2025-05-28 22:15:36
cashout_time1969-12-31 23:59:59
total_payout_value0.014 HBD
curator_payout_value0.014 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length44
author_reputation675,091,010,519,247
root_title"Using Trust Wallet for Point of Sale Purchases with Hive"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id142,886,042
net_rshares84,789,938,753
author_curate_reward""
vote details (4)