How to Buy Tokenized Stocks in Trust Wallet Easily! (Ondo, xStocks)

Added: 2026-06-08

[00:00:00]In this video, I'll show you how to buy tokenized stocks in TrustWallet. We can hold stocks in our TrustWallet just like any other crypto asset. So, down at the bottom of the app, press trending. And then up at the top here, you want to scroll over to RWA, real world asset.

[00:00:12]And it's going to show you the stocks.

[00:00:13]We have all the major stocks listed here. You have Circle, Nvidia, Google.

[00:00:18]This is the QQQ, which is the Nasdaq 100 index. You also have SPY, which is the S&P 500 index. So, you can buy indexes and individual stocks here. Now, notice there are two versions of each stock, right? And that's because they're on different blockchains. So, the decision to make is which blockchain do you want to use? Well, the two choices at the moment are Ethereum and BNB. You can see that by the logos. So, on the bottom right-hand side of each of the icons, you can see either the Ethereum or BNB chain logo. Well, BNB chain is Binance's chain. Um it's usually a little bit cheaper for trading fees and everything like that and gas fees. So, you might want to use that.

[00:00:53]If you're just holding the stocks in your wallet and you're going to buy and sell them back and forth with stable coins, then it doesn't really matter which chain that you're using. You might just want to use BNB cuz it's cheaper.

[00:01:02]If you want to use these stocks in DeFi, so for example, put one of the stocks in a DeFi platform and borrow against it, or if you're just looking for wider support generally, then you might want to switch into Ethereum cuz that is the kind of, you know, alpha chain, right? Where most uh DeFi apps and most centralized exchanges may offer a little bit more support for that. But it's going to be up to you. If you're using the Binance centralized exchange, you might find that the BNB chain's actually just better for your use case. In any case, choose one of the chains. I'll just show you BNB chain for this example. Uh so, we're going to go to BNB, and you can see all of the stocks listed here. In order to use the BNB chain, I'm going to have to pay transaction fees, and that means I need some BNB coin in my wallet to pay for the fees. So, in order to get that in your wallet, uh I'm going to go to BNB coin right here.

[00:01:45]And then what I want to do is press receive. So, on the right-hand side it says the receive button here. So, I'm going to click that. This is my wallet address. So, I'm going to deposit some BNB in from my my centralized exchange and get that right in my wallet. So, I'm going to go over to my Binance centralized exchange. I've got balances here. I've got a balance of BNB, so I'm going to press BNB. Down at the bottom, I'm going to press send.

[00:02:06]Withdraw crypto. I'm going to withdraw via the blockchain to a separate wallet.

[00:02:09]Now, it says, "What is the address that you're sending to?" So, I'm going to go back into my Trust Wallet here. I'm going to copy my address. I'm going to go back into Binance.

[00:02:17]Going to long press and paste this in.

[00:02:20]That's my network address. Now, I'm using the BNB chain. I have to send it over BNB, so this is a BNB smart chain right here at the top, so I'm going to press that. How much do you want to actually withdraw? You can go ahead and press that as well, whatever you want.

[00:02:32]And that will send the BNB over into my Trust Wallet. Now, this BNB coin, this is how I'm going to pay for gas in Trust Wallet on the BNB chain to actually go ahead and trade the stock. But also, because BNB has a value, I can swap the value of that BNB into the stock as well. So, I can use BNB as gas and also as value. Of course, what you can also do is send some stable coins into your wallet as well. So, if you go back into Trust Wallet, maybe you just want a little bit of BNB coin to pay for gas, like $5 or whatever, and what you actually want to do is trade some stable coins into the stock. So, I've got USDT here on the BNB chain as well. Notice up the top, USDT BNB chain. I have to use a BNB chain, right? On the right-hand side, I'm going to press receive. This is my wallet address, so I'm going to go copy this, go over to Binance, and what I can do is go to USDT, search for USDT here, like this.

[00:03:27]I'm going to send down at the bottom.

[00:03:29]Withdraw crypto.

[00:03:31]Pasted my wallet address.

[00:03:33]And then I can send that stable coin over to my Trust Wallet as well. So, I need BNB coin to pay for the gas fees, and if I've got a big value in that, I can just swap it straight into the uh the stock token, or not, I can use stable coins as well. But you're going to need some value in your Trust Wallet to swap into the stock token. If you've never got money into crypto before or never use a centralized exchange, I'll leave a video guys on exactly how to do that down in the description. So, I highly recommend having a centralized exchange in your region. That's going to be the most robust and cheapest way to get fiat currency in and out of crypto.

[00:04:04]Then in the centralized exchange, you can swap that into anything that you want, and then you can put that into Trust Wallet if you want as well. In some countries, you may want to on-ramp directly through Trust Wallet. Some countries allow this. So, you can go up to the buy button top right-hand corner, press buy, and for me, I have the option to pay with Apple Pay. So, I can go ahead and make a card transfer, and they'll basically charge my card. I'll spend fiat currency, and that will come in as USDT. You can see on the right-hand side here, USDT. So, I'll get that USDT into my Trust Wallet, and then I can swap that into the the stock token. But, of course, you do need some gas coin as well, right? So, I'd also have to choose a gas coin here. So, more, I would need to go to BNB, and I would need to choose BNB coin as well, cuz I need some of that. The problem with this, the on-ramp through Trust Wallet, is it's very expensive. You're going to be paying 3-4% in terms of fees, whereas with centralized exchanges, it should usually be a lot cheaper. Just send a bank transfer in.

[00:04:57]So, if you want to know exactly how to on-ramp, then those videos are in the description for you. I'll also leave some links to the exchanges I use down in the description below. Most of those will give great deposit and trading bonuses for new users, so you can click those links to find out if they're available for you. So, what I'm going to do is switch my USDT into a stock token, and I need to do this on the BNB chain.

[00:05:16]So, down at the bottom, I'm going to press trade. I'm going to press swap.

[00:05:19]Now, up at the top where it says BNB on the right-hand side, I'm going to click this. I want to change my USDT, so I'm going to click this.

[00:05:27]I'm going to spend that, and then below it, now it says BNB, but I'm going to click this and search for the stock token that I want to buy. So, I'm selling USDT, and I'm buying the stock token.

[00:05:37]What I'm going to do is go over to BNB chain. So, I'm going to highlight BNB chain here, this one. Need to stay on that same chain, right? And I'm going to pay the gas fees in BNB coin. Up at the top where it says search token or contract address, I'm going to search for Tesla.

[00:05:51]Now, notice this, there are different versions of Tesla.

[00:05:53]This is really important to make sure that you don't buy a fake token or the wrong token. There are just fake tokens here and scam tokens. So, you have to make sure you're buying the correct one.

[00:06:03]On the right-hand side, what you want to do is check for the market cap where it says MCap here.

[00:06:08]Basically, the bigger the better because it means that these are real tokens.

[00:06:12]Very small tokens with zero market cap or something like that, you don't want to touch them.

[00:06:18]You can also check on a coin registry like CoinGecko. So, what I've done is gone to CoinGecko here. In the search bar, I want to buy the Tesla stock token.

[00:06:28]So, TSLA. Notice that there are basically two good versions of this. You have Tesla X stock and Tesla Ondo stock. Ondo is a tokenized stock provider and so is XStocks. These are two legit token providers. Which one do you want to use?

[00:06:45]It's up to you. They're going to track Tesla prices pretty much the same. So, it's up to you which one you want to use. Ondo is, I think, invested in by Binance. Tesla The XStocks are invested in by Kraken, I believe. So, you can choose which one. But, notice that the ticker is Tesla X and for Ondo, it's Tesla ON.

[00:07:04]So, we're going to go over to our Trust Wallet. And actually, the second and third Teslas are you can see on the right-hand side, their market caps are very big. So, they're the two real tokens, right? You have Tesla X from XStocks, it even tells you that. Then, Tesla Ondo is just the other provider. So, if I search for Tesla X, then that will come up the top here, that's the one. If I want to buy Tesla ON, the Ondo version, I can do that as well.

[00:07:29]So, whichever one you want to do, let's do Tesla Ondo, right? Now, what I want to do is go to the top left, click this.

[00:07:34]How much do you want to spend? Let's switch all of our USDT into the Ondo version of the Tesla stock.

[00:07:40]We're going to look at the pricing details.

[00:07:44]We're going through 1 inch slippage.

[00:07:46]Let's put that down to 1%.

[00:07:49]Fetch quote again. Going through 1 inch.

[00:07:52]Swap a fee is pretty high, to be honest, right? 84 basis points, but it is what it is.

[00:07:56]And what we're going to do is press slide to swap.

[00:07:59]That's submitted, and that will eventually go through. So, what we should have is spending the USDT, and then we'll get the Tesla in this case.

[00:08:07]There it is. So, we have the Tesla version. So, now we have what is essentially price exposure to the Tesla stock. As of right now, tokenized stocks do not infer stock ownership. I am not a shareholder in Tesla. What I just bought was a token that tracks the price of Tesla. So, you can get price exposure to Tesla stock or any other stock, but you're not a shareholder in Tesla. That may change in the future, but as of right now, that's how it stands. So, you can get price exposure to stocks, but you're not a shareholder.

[00:08:34]I'll leave some more helpful videos on that down in the description below. Sign up bonuses to the exchanges I use down there as well. I'm James as in Manzi, G choose a watching, and I'll see you in the next video.