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The integration with Binance Pay and Coinbase Pay is designed to allow Trust Wallet users to seamlessly transfer cryptocurrencies.
Trust Wallet, a leading provider of self-custodial and multi-chain wallets, announced Wednesday, November 16th that it has integrated with Binance Pay and Coinbase Pay.
In a press release shared with Coinjournal, Trust Wallet said the integration will allow users to enjoy seamless cryptocurrency transfers from their Coinbase or Binance accounts, enhancing their access to web3.
The team added that the integration with Binance Pay and Coinbase Pay offers a solution to many of the problems Trust Wallet users experience transferring crypto from centralized exchanges.
Previously, this process was cumbersome and required multiple steps. Users had to manually enter the address, switch apps, and select the appropriate network to complete the transfer.
However, according to Trust Wallet, these new integrations will save users from going through the tedious process. Users can make cryptocurrency transfers in a few simple steps and deposit cryptocurrencies directly from their Binance or Coinbase account to Trust his wallet.
Commenting on this latest development, Jonathan Lim, Global Head of Binance Pay said:
Binance Pay is excited to be integrated with Trust Wallet to simplify the process for users to transfer crypto assets between the two services. Trust Wallet is the first decentralized wallet we have supported. Binance Pay looks forward to becoming the leading access to Web3 by bridging the CeFi and DeFi worlds.
This integration is designed to bridge centralized and decentralized wallets, creating a more open ecosystem for users and allowing them to experience the best of both CeFi and DeFi worlds.
Coinbase Group Product Manager Bipul Sinha also commented:
At Coinbase, we aim to build a bridge to web3 and bring the benefits of seamless access to the crypto economy to more people. Coinbase Pay makes it easier than ever for users to get ready for web3. is designed to allow you to fund your self-custody wallets or dapps in a few simple steps.We are excited to work with leaders like Trust Wallet to bring this ease of use to the ecosystem. I have.
Eric Chang, Head of Product at Trust Wallet, commented:
Trust Wallets goal is to make cryptocurrency and DeFi extremely accessible to everyone. By adding Binance Pay and Coinbase Pay, we are bringing people to web3 while reducing as much friction from the user journey as possible. We want to introduce a simpler and cheaper way to access it.
Trust Wallet is an easy-to-use, true multi-chain non-custodial wallet that can store and manage over 8 million crypto assets, including both tokens and tokens. NFTsacross 70+ blockchains.
Binance Pay, on the other hand, is a contactless, borderless and secure user-to-user cryptocurrency payment feature on the Binance app. With Coinbase Pay, web3 users with Coinbase accounts can easily fund their self-custody wallets, dap.
