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    Home » The official Binance exchange crypto wallet can now be used for DEX

    The official Binance exchange crypto wallet can now be used for DEX

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    By BlockchainJournal on July 26, 2019 News
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    Trust Wallet, the official Binance crypto market , has added support for several decentralized exchanges (DEX) to the Network Kyber protocol integration, the company said in a blog post.

    According to the statement, now Trust Wallet users will be able to use the wallet for several DEX, which will allow them to “choose how to trade, use and control digital assets”.

    Kyber Network's liquidity protocol provides interoperability to combine the liquidity of all ecosystem participants. The platform itself will become the second decentralized exchange, after Binance DEX , on which Trust Wallet will support trading through the Multi-DEX functionality.

    “Our mission is to provide decentralized and non-trustworthy access to financial services through a simple and clear interface. Kyber Protocol will give all Trust Wallet users more opportunities to instantly trade their assets and use a large liquidity pool of ERC20 tokens , ”said Victor Radchenko, founder of Trust Wallet.

    The statement says that “Trust Wallet aims to support several DEX platforms”, but which ones are not specified.

    Binance acquired Trust Wallet last summer. Initially, the wallet was supported by more than 20 thousand tokens created on the basis of Ethereum . In December, Trust Wallet added support for Bitcoin , in March – XRP .

    Publication date 07/26/2019
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