Trust Wallet’s integration with Binance Connect enables seamless P2P and fiat-to-crypto transactions for millions of users worldwide.
Over 300 cryptocurrencies and 100+ fiat currencies are now accessible via Binance Connect, expanding regional coverage significantly.
Binance Connect integration eliminates extra KYC checks, simplifying transactions for Binance-verified Trust Wallet users.
Trust Wallet, a leading noncustodial Web3 wallet, has officially integrated Binance Connect, Binance’s proprietary fiat-to-crypto gateway. This development, effective from November 2024, simplifies access to digital assets for millions of users worldwide, enhancing both peer-to-peer (P2P) transactions and fiat-to-crypto capabilities.
https://twitter.com/TrustWallet/status/1861049190992027724
Seamless P2P Transactions for Users
The integration allows Trust Wallet users to directly access Binance Connect’s robust P2P services. These transactions are designed to be more cost-effective compared to traditional methods, reducing fees while promoting crypto adoption. Binance KYC-verified users can use these services without additional verification, ensuring a smoother experience.
Broader Regional Coverage for On-Ramp Services
With this collaboration, Binance Connect significantly expands its fiat-to-crypto on-ramp coverage to previously underserved regions. Consequently, Trust Wallet now supports over 100 fiat currencies globally, enabling users in areas with limited financial infrastructure to easily acquire cryptocurrencies.
Trust Wallet users can now access over 300 cryptocurrencies, leveraging Binance’s unmatched liquidity and competitive rates. This feature ensures efficient transactions, offering a reliable gateway for users entering the Web3 ecosystem.
Remarks from Trust Wallet and Binance Leadership
Eowyn Chen, CEO of Trust Wallet, emphasized the partnership's significance in democratizing Web3 access. She highlighted how the collaboration simplifies digital asset adoption, particularly for users in regions where traditional financial systems are lacking.
Thomas Gregory, Binance’s Vice President of Fiat, praised the integration as a step forward in advancing Web3 accessibility. He reiterated that the partnership showcases Binance Connect’s power in delivering seamless crypto services for millions globally.
This integration streamlines the process for users, offering an intuitive interface within Trust Wallet. From setting up the wallet to executing transactions, every step is designed to cater to users of all experience levels.