Binance Connect announced its partnership with Trust Wallet, the leading multi-chain, self-custodial crypto wallet. Binance will offer a better solution for a new adopter to expand the portfolio on the various blockchain.
Formerly known as Bifinity, as fiat-to-crypto on-and off-ramps, processing millions of transactions worldwide made for Binance.com users.
Trust Wallet, which serves as Binance’s official self-custodial crypto wallet, with more than 4.5 million digital assets and NFTs on 66 blockchains. and over 60 million users can enjoy the Defi and NFT worlds easily and safely.
Binance Connect and Trust Wallet will provide a simple method for users to access Web3 assets. Giving users in Trust Wallet can purchase over 200 crypto assets using credit or debit cards directly at a low price, with more than 40 fiat currencies supported.
Previously, web3 users went through a tedious process to buy crypto on the blockchains directly. They had to process through different centralized exchanges before sending their assets onto a blockchain protocol. With Binance Connect, KYCed users can use their existing accounts to fund their Trust Wallet in just a few clicks.
“Our goal at Binance Connect has always been to increase crypto adoption and bridge the gap between traditional finance and the crypto economy. This partnership with Trust Wallet will help bring new users to Web3 in a convenient way,” said Zoe Wei, Executive Director of Binance Connect.
“We’re thrilled to partner with Binance Connect to pave an easier way for users around the world to join the exciting world of crypto and Web3,” said Eowyn Chen, CEO of Trust Wallet. “Trust Wallet sees fiat capability as a crucial infrastructure to support the development of the Web3 and crypto industry, especially in many developing regions. We’re pleased to be working with Binance’s powerful fiat infrastructure to widen access and lower the entry barrier for people in more corners of the world.”
Binance Connect will celebrate the partnership by rewarding “Binance Connectors” during the campaign from today to June 30th. Trust Wallet users who use Binance Connect then share their amazing experience on Twitter with the hashtag #BinanceConnector and #TrustIsGlobal, and complete a quick survey that could win crypto airdrop as rewards.