Binance's official Crypto Trust Wallet adds ‘Multi-DEX’ support

Trust wallet announced support for multiple decentralized exchanges.

In 2018, Binance acquired Trust Wallet to better serve their crypto user base. Recently Trust wallet released its support for Binance DEX (decentralized exchange).

Founded in 2017, San Fransico based Trust Wallet is an open-source, decentralized and anonymous wallet application. The secure crypto wallet supports Ethereum along with 20,000 ERC20, ERC223, and ERC721 based tokens on Ethereum platform. Trust wallet does not hold private keys, ask for personal information and never accesses user wallets, according to the announcement.

Today, with the release of Trust Wallet on Binance DEX, experience the native wallet of the decentralized exchange that gives you the freedom to choose how you trade your Digital Assets with complete ownership of funds.

Executive Opinion

Founder and CEO Viktor Radchenko, Trust Wallet, said, "Our mission is to provide decentralized and trustless access to financial services through a simple and seamless interface. The Kyber Protocol will give all Trust Wallet users more options to instantly trade their assets and tap into a large pool of ERC20 token liquidity. We are always looking ahead and will integrate more projects and protocols within our ecosystem, making crypto more accessible for our users in the process."

Multiple Decentralized Exchange support

Kyber Network Protocol, an on-chain liquidity protocol, uses cross-chain interoperability to aggregate liquidity from cryptocurrency traders, holders, and blockchain ecosystem stakeholders. Trust wallet has now integrated with and supports Kyber Network Protocol. This will allow users to access multiple decentralized exchanges.

The announcement noted that digital funds are exchanged in an order book-less interface and allows quickly swap cryptocurrency tokens.

Trust wallet said that they will continue to add more protocol as a part of Multi DEX support to increase liquidity.