Binance’s Only Decentralized Wallet Adds Support for XRP and Credit Card Payments

Published March 12, 2019 | Updated March 12, 2019

Binance

Binance’s Only Decentralized Wallet Adds Support for XRP and Credit Card Payments

Binance’s drive towards building trust and adoption of cryptocurrency is unshaken. The third largest cryptocurrency exchange in the world by volume has made a couple of introductions to its Decentralized Wallet: Trust Wallet.

Addition of XRP to Its Trust Wallet

The Trust Wallet has added support for trading and transaction of XRP. Trust Wallet, initially had extended support only for Ethereum. Furthermore, after acquisition by Binance, the decentralized wallet has added support for 17 cryptocurrencies.

Credit Card Support for Trust Wallet

Binance’s Trust Wallet also has extended support for credit card payments. Hence, the decentralized wallet can function efficiently as a Decentralized exchange as well.

“We want to increase access to crypto and decentralized applications for all users,” said Viktor Radchenko, Founder of Binance’s Trust Wallet. “Adding credit card payments is one piece to furthering cryptocurrency adoption and realizing our larger vision in helping to bring the freedom of money, and we will continue to integrate more blockchains and features to Trust.”

Binance DEX and integration of Trust Wallet

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The Trust Wallet is the official decentralized mobile wallet of Binance. It can be used to buy, sell, store, send and receive cryptocurrencies. It has also added a Dapps Browser: web3, it that can be used to access and interact with Dapps (Decentralized Applications).

Trust Wallet will also be integrated with the Binance Decentralized Exchange to avoid ambiguity and increase the security and efficiency of the exchange.

Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Nivesh Rustgi 1181 Articles
Nivesh from Engineering Background is a full-time Crypto Analyst at Coingape. He is an atheist who believes in love and cultural diversity. He believes that Cryptocurrency is a necessity to deter corruption. He holds small amounts of cryptocurrencies. Faith and fear are two sides of the same coin. Follow him on Twitter at @nivishoes or mail him at nivesh(at)coingape.com
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