Key takeaways:
- Trust Wallet now integrates Binance Connect for seamless fiat-to-crypto transactions, supporting 300+ cryptocurrencies and 100+ fiat currencies.
- Users benefit from faster onboarding, cost-effective peer-to-peer (P2P) transactions, and expanded access to underserved regions.
- The partnership underscores Trust Wallet’s commitment to empowering self-custodial users globally.
Streamlining fiat-to-crypto transactions
Trust Wallet, widely regarded as one of the best crypto wallets, with over 140 million users globally, has integrated Binance Connect, Binance’s official fiat-to-crypto gateway. This partnership simplifies how users access digital assets by combining Trust Wallet’s user-friendly platform with Binance’s extensive liquidity and fiat gateways.
Through this integration, Trust Wallet users can seamlessly purchase, sell, and manage cryptocurrencies within the app using various methods such as credit and debit cards, bank transfers, Binance wallet balances, and Binance’s P2P trading services. The addition of Binance Connect also expands coverage to underserved regions, bolstering global accessibility.
Improving the user experience
The integration introduces several key benefits:
- Global Accessibility: By connecting underserved regions to the crypto ecosystem, Trust Wallet and Binance Connect lower barriers for global users.
- Effortless Onboarding: Binance KYC-verified users can quickly access P2P and fiat services without undergoing additional verification.
- Cost Savings: Competitive P2P transaction fees promote affordability, encouraging broader adoption of cryptocurrencies.
- Extensive Support: Over 300 cryptocurrencies, 100 fiat currencies, and 300+ payment methods are now available through Binance Connect, making it a versatile solution for users worldwide.
At Trust Wallet, we work to make Web3 accessible to everyone. By collaborating with Binance Connect, we’re simplifying the journey into the on-chain world, particularly for users in regions where traditional financial infrastructure channels fall short. This integration is a game-changer for empowering self-custodial wallet users globally.
— Eowyn Chen, CEO of Trust Wallet
Trust Wallet’s integration of Binance Connect demonstrates the power of collaboration in advancing the Web3 ecosystem. Together, we are simplifying the user experience for millions worldwide, offering seamless transactions that make digital assets accessible, especially in regions where traditional financial systems face limitations.
— Thomas Gregory, Vice President of Fiat at Binance
Empowering self-custodial wallets
The addition of Binance Connect aligns with Trust Wallet’s goal of empowering users by providing secure, self-custodial solutions. Whether users are new to crypto or seasoned investors, the integration ensures a seamless experience from wallet setup to completing transactions.
The bottom line
Trust Wallet’s integration of Binance Connect marks a significant step in making crypto more accessible worldwide. By combining user-friendly functionality with robust fiat-to-crypto solutions, the partnership redefines how millions engage with digital assets, fostering adoption in regions where financial infrastructure remains limited.
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