Binance may be down for maintenance but it’s still making strides. Its official cryptocurrency wallet, Trust Wallet has added support for XRP after recently launching zCash and Tron.
This brings the total number of cryptocurrencies Trust Wallet supports to 17, in line with its major competitors, such as Coinbase Wallet. And to keep up with the neighbors, Trust Wallet similarly features a dapp browser and is compatible with ERC-20 tokens.
In a similar move to the Binance exchange itself, it has also integrated credit card support to allow its users to purchase cryptocurrencies more easily. It has done so through a partnership with payment processor Simplex. This puts it snuggly among a small group of wallets that have credit card support.
Trust Wallet also aims to integrate with Binance’s upcoming decentralized exchange, which is expected to go fully live in Q2, 2019, and which we previewed here. It will be the exchange’s native wallet, allowing users to make trades while keeping hold of their own cryptocurrencies—in theory, this should be much safer.
The wallet also has ambitious plans for 2019. It aims to add support for even more cryptocurrencies as well as adding integration for hardware wallets, a more secure way of storing cryptocurrencies. It means a user can keep their coins secured on their own physical device but is still able to trade coins with other users—a step forward in security and flexibility. If only Binance was online to see it.
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