The number one cryptocurrency exchange Binance has enhanced its official wallet, Trust Wallet, to enable the purchase of cryptos with credit cards. This mobile wallet will enable the exchange to render better services to customers. Some of the cryptocurrencies that were previously enabled by the wallet are, Bitcoin, Bitcoin Cash, Litecoin, and Ethereum And Now the Exchange has announced that its trust wallet will be fully supporting XRP.
According to the founder, Viktor Radchenko, the Trust Wallet will increase users’ access to crypto and decentralized applications. It will bring an increase to crypto adoption and the free use of money. The exchange is also looking to add more features to the trust wallet.
“We want to increase access to crypto and decentralized applications for all users, 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.”
Trust Wallet is an open source decentralized application that supports Ethereum and other 20,000+ Ethereum based tokens. Binance acquired Trust Wallet in July 2018, since then, the team has worked to expand its utility to incorporate multiple cryptos and more decentralized applications.
According to a report from Binance, the Trust Wallet will be a native wallet to its soon to be established exchange, Binance DEX.
This is Binance’s major procurement which shows the importance of using the wallet to increase crypto development in the future.