Trust Wallet Goes Live on Binance Decentralized Exchange (DEX)
Trust Wallet, the native multi-cryptocurrency wallet of the Binance ecosystem, has announced support for Binance decentralized exchange (DEX). It offers crypto traders a secure, convenient, and superfast trading experience on the go, according to a blog post on June 4, 2019.
Trust Wallet Integrated into Binance DEX
As stated in its blog post, traders on the Binance Chain-powered decentralized exchange can now conduct their business via the Trust Wallet, a multi-cryptocurrency wallet from the stables of Binance.
The team claims the integration of Trust Wallet gives digital asset traders more freedom to trade their cryptos while also enabling them to maintain complete ownership of their funds via their private keys.
Commenting on the matter, Viktor Radchenko, founder of Trust Wallet, reiterated that it’s essential for cryptocurrency investors to be able to exchange their digital assets without having to bother about the security of their funds. Radchenko said:
“One of the important requirements for a working crypto economy is to have the ability to swap or exchange cryptoassets. This, and the ability to always stay in control of your money. Binance Chain and Binance DEX fulfill these needs.”
With the integration of Trust Wallet into Binance DEX, the team says traders will now be able to better leverage features of the decentralized exchange, including near-instant order finality, secure custody, and active trading from across the globe.
Traders who prefer to do their business on a desktop can also do so through the WalletConnect integration feature on Trust Wallet.
To synchronize the mobile wallet with desktop (Mac or Windows), a trader only needs to scan the WalletConnect QR code. Trust Wallet also makes it possible for users to access a vast array of decentralized applications (dApps) and transact with multiple distributed ledgers via its user-friendly interface.
Since its launch in July 2017, Binance exchange has not looked back, creating highly-functional products aimed at fueling the mass adoption of cryptocurrency and blockchain technology.
On June 3, 2019, BTCManager informed that Binance had started working on its GBP-pegged stablecoin.