Binance’s Trust Wallet Now Supports XRP and In-App Crypto Purchases via Credit/Debit Cards
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 providess “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 Apple’s “App Store” or Google’s “Google Play” store a version of Trust Wallet updated on or after 12 March 2019.
Featured Image Courtesy of Binance