BINANCE Will Interact With Dapp Via Mobile Wallet ‘TRUST WALLET’

Binance, the world’s most popular cryptocurrency exchange, announced today that it has purchased a secure Ethereum mobile wallet-the ‘Trust Wallet’, which supports Ethereum and ERC20, ERC223, ERC721 tokens. It ensures entirely tested security framework sending, receiving and storing digital assets. Due to the ‘Trust Wallet’ you have entire control over your private keys that are stored only on your device. Trust Browser is a full Web3 browser that enables you to interact with decentralized applications (DApp).

As indicated by the announcement, the Binance team features the nature and quality of the ‘Trust Wallet’ software, making it the ideal platform for their mobile development.

This news came a week after Binance Labs, the venture division of the mainstream exchange Binance, uncovered that it had put resources into Libra Credit (LBA), a decentralized financial services platform for digital assets.

Binance was launched in 2017 and became the largest cryptocurrency exchange in the world in just six months. Its best-in-class technology, special attention to security and loyal user base have made Binance one of the favorite trading platforms of casual and professional traders. More recently, Binance has launched the Binance laboratory, the Binance Charitable Foundation, and Uganda’s first Fiat crypto exchange.

While the amount for which ‘Trust Wallet’ was purchased is currently not disclosed, Binance notes that the team will retain its autonomy and freedom to develop the core product.

 

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