Binance’s Trust Wallet Now Supports XRP and In-App Crypto Purchases via Credit/Debit Cards

in #news6 years ago

 On Tuesday (March 12th), Binance announced that its official wallet app, Trust Wallet,  had added support for sending, receiving, and storing XRP as well as  support for in-app cryptocurrency purchases (XRP, BTC, BCH, LTC, and  ETH) using debit and credit cards.Trust Wallet, which was first released (for Android) on 25 October 2017, was acquired by  Binance in July 2018. 

Originally it only supported Ether (ETH) and  Ethereum tokens, but after it got acquired by Binance, support for other  coins started to happen, such that it currently supports 17  blockchains, including Bitcoin, Bitcoin Cash, Ethereum, XRP, Litecoin,  Ethereum Classic, TRON, Wanchain, VeChain, Dash, ICON, and EOS, as well  as any 20,000+ ERC20-compatible, ERC223-compatible, or ERC721-compatible  Ethereum tokens (such as Basic Atttention Token or Augur).Trust  Wallet also has a "fully functioning Web3 browser that can be used to  interact with any decentralized application (DApp)." This provides "a  seamless, simple and secure connection between you, Ethereum network,  and any decentralized application (DApp)." There is also an integrated  "DApp store", which is called "Trust DApps Marketplace". Only those  DApps "that have been vetted and optimized for Trust become a part of  the Marketplace."

As for in-app crypto purchases of XRP, Bitcoin,  Bitcoin Cash, Litecoin, and Ether using debit cards and credit cards,  this feature has been enabled through an integration with EU-licensed  payment services provider Simplex, which is the same company that Binance.com said it was using when it announced  on January 31st that it had added support for using Visa or Mastercard  debit/credit cards to buy BTC, ETH, LTC and XRP (the base currencies  Binance supports excluding the stablecoins). 

Simlex also helps several  other crypto companies with debit/credit card processing, including  BitMART Exchange, Xaro, BTCC, and Changelly.To get these  two features, you need to download from the iOS "App Store" or the  Android "Google Play" store a version of the Trust Wallet app that was  updated on or after 12 March 2019, i.e. version 1.2004.0 or later on iOS  and version 1.6.288 or later on Android.

Today's  announcement about XRP support comes just one day after Trust Wallet  Co-Founder and lead developer Viktor Radchenko hosted his first  livestreamed Ask Me Anything (AMA) session, highlights of which were reported by CryptoGlobe. 

Learn more: https://www.cryptoglobe.com/latest/2019/03/binances-trust-wallet-now-supports-xrp-and-in-app-crypto-purchases-via-credit-debit-cards/

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