Tragiang74
3 min readOct 20, 2020

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Binance + Trust Wallet: The perfect match ( DEX / DAAP / DEFI )

In mid-2018, Binance offered an investment in Trust Wallet or a complete buyout. After a few negotiations, the two sides reached an agreement to transfer ownership of Trust to Binance. The information was announced in July 2018, and Trust Wallet has become an important part of the Binance ecosystem's infrastructure.

Thanks to that deal, the Trust was able to appoint its open source experts in full-time positions, as well as UI / UX designers this past November. "Thanks to Binance and the support of our marketing and operations networks, we were able to focus on improving the product," said Viktor.

Trust Wallet continues to grow. After securing every step of the way in building a dApp browser within the app and applying the highest level of security, the development team went on to fulfill its mission: to turn Trust into a storeable wallet. store all cryptocurrencies.

In the final months of 2018, Trust has integrated GoChain, ICON, POA Network, TomoChain, TRON, VeChain, and Wanchain blockchain. Other milestones continue to be completed in early 2019 with support for Bitcoin, Bitcoin Cash, Dash, and Litecoin. With endless efforts, Trust Wallet is trying to become an application that can both manage, store, access and trade electronic assets.

This is just the end of the beginning of the Trust Wallet revolution.

● Get ready for a stronger Trust Wallet

The upcoming blockchain and crypto integrations into Trust Wallet are just the tip of the efforts the team is working on. In fact, Viktor has set a goal of integrating a new blockchain every two to three weeks. He expressed interest in security and security related coins, as well as the top 20 coins in the market right now. The Trust Wallet founder expects to get most of the integration work done in the first quarter of this year.

It's part of a larger Trust Wallet roadmap, including more platforms for you to access the service. That means more ways to access your secure assets with 100% control. During the first half of this year, Trust plans to integrate hardware wallets with new partners and launch a desktop version of the app, among other plans.

Located within the giant Binance ecosystem, Trust Wallet is also the main support for the upcoming Binance Chain. And since it is also known for its leading use experiences, Trust Wallet will be the native wallet of Binance's DEX, a key component in creating a full experience through blockchain and decentralized exchange. by Binance.

With all the Trust Wallet upgrades, Viktor and his team are moving closer to fulfilling their mission of increasing the value of cryptocurrencies. This is also a common goal of Binance and the whole industry in general. We will be delighted to see Trust Wallet develop into the future.

● Trust Wallet : Development of Daap

Since Binance acquired Trust Wallet at the end of July 2018, the app has made great strides, expanding the arena to other cryptocurrencies and decentralized applications (dApps). Trust not only can store all types of ERC20, ERC223 and ERC721 tokens, but also supports various blockchain systems, and the ability to support up to 14 blockchain networks in the future.

That is just the beginning for Trust Wallet CEO Viktor Radchenko, who has led the initiative to add more functionality to the Trust, including hardware and platform integration as well as support for the top 20 additional cryptocurrencies. on the market.

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