- Summary:
- Trust Wallet has integrated Coinbase Pay and Binance Pay to enhance smooth asset transfers. We tell you why this is important.
Trust Wallet, a provider of self-custodial and multi-chain wallets, has announced that it now works with Binance Pay and Coinbase Pay. Users of Coinbase and Binance will have easier access to web3 and enjoy faster crypto transfers as a result. The integrations are meant to facilitate the transition between centralized and decentralized wallets. This will allow users to enjoy the benefits of both payment platforms.
What do the integrations bring?
With the integrations, users will no longer have to manually type or scan an address, thanks to these new additions. In just a few simple steps, users can move cryptocurrency from Binance or Coinbase to Trust Wallet. In the past, accomplishing this would take a lot of time and effort. When making a transfer, users had to manually enter addresses, navigate between applications, and choose the proper network.
Bipul Sinha, Group Product Manager at Coinbase said:
“We designed Coinbase Pay to make it easier than ever for users to get web3 ready, with ability to fund their self-custody wallet or dapps in a few easy steps. We’re excited to work with leaders like Trust Wallet to bring this ease to the ecosystem.”
Trust Wallet is a digital wallet that supports the safekeeping and management of more than 8 million tokens and NFTs from 70+ blockchains. To top it all off, Trust Wallet has a built-in DApp browser so you can access your favourite decentralized applications (dApps) and do things like buy, trade, and stake your preferred cryptocurrency without ever leaving the app.
Trust Wallet has made web3 access easier and cheaper with the integration of Binance Pay and Coinbase Pay. With Binance Pay, users can send and receive crypto payments directly within the Binance app without the need for a third party. Coinbase Pay, on the other hand, makes it simple for web3 users who also have a Coinbase account to transfer funds to a self-custody wallet or decentralized application.