Place/Date: - July 25th, 2019 at 12:00 pm UTC · 3 min read
Contact: Binance, Source: Binance
Trust Wallet, the official crypto wallet app of Binance and native support for the Binance DEX, a decentralized exchange, aims to provide users a native wallet experience for multiple decentralized exchanges that give the freedom to choose how they trade and utilize their digital assets with complete ownership of funds.
Now, with the integration of Kyber Network Protocol-an on-chain liquidity protocol that uses cross-chain interoperability to aggregate liquidity from cryptocurrency traders, holders, and blockchain ecosystem stakeholders, Trust Wallet users have access to multiple decentralized exchanges.
The exchange of digital funds takes place in an order book-less interface, providing a more natural way to swap cryptocurrency tokens instantly. To have a true ‘Multi-Dex’ going forward, Trust Wallet will include additional protocols to help realize more liquidity.
Viktor Radchenko (founder Trust Wallet) said:
“Our mission is to provide decentralized and trustless access to financial services through a simple and seamless interface. The Kyber Protocol will give all Trust Wallet users more options to instantly trade their assets and tap into a large pool of ERC20 token liquidity. We are always looking ahead and will integrate more projects and protocols within our ecosystem, making crypto more accessible for our users in the process.”
Last month, Trust Wallet announced its native wallet support on Binance DEX, where you can access a decentralized digital asset exchange built on the Binance Chain with near-instant transaction finality. With Kyber Network Protocol, Trust Wallet users can now facilitate greater access to a central liquidity pool and instant settlement through an open architecture of Kyber Network.
The Trust Wallet Multi-Dex experience opens endless new possibilities to the way we transact. Imagine you were standing at a coffee shop, and they accepted a different cryptocurrency to the one you had in your Trust Wallet; now, with this integration, you can pay for the coffee by instantly swapping your digital asset to the one accepted at the coffee shop.
Also, you can trade your tokens to utilize them on dApps via built-in Trust Wallet dApps Browser.
Trust Wallet pivoted from being just the best-in-class Ethereum wallet to a multi cryptocurrency wallet with a focus on making access and usage of cryptocurrency much easier than before.
Apart from being just a crypto wallet app, it also allows users to access hundreds of decentralized applications (dApps) and transact with different blockchains through an intuitive mobile interface with unmatched simplicity and user-friendliness. With this release, we are giving the freedom to choose how and where you trade. Access it on your mobile on the go or via desktop in the comfort of your home.
Trust Wallet is the official wallet of Binance. Trust Wallet is a decentralized mobile wallet with a clean interface and a high level of security, designed to facilitate the adoption of cryptocurrencies for users with any degree of knowledge of blockchain. Trust provides a secure wallet to send, receive and store digital assets, and its built-in dApp browser can be used to communicate with dApps and trade crypto and collectibles directly from a smartphone or tablet.
Trust Wallet’s native support on Binance DEX allows users to trade their crypto directly on the platform while staying in full control of their digital assets. Download the Trust Wallet crypto wallet on the iOS App Store or Google Play Store today!
For more information, visit: Trustwallet.com.