Users can store, send, and receive crypto across all EVM chains and Solana using the new browser extension.
Self-custody Trust Wallet is becoming more popular after FTX failed and there was a run on crypto exchanges in general. In just one week, the company released a long-awaited browser extension and worked with Binance so that users of Binance can now send money directly to their Trust Wallet accounts.
Trust Wallet’s browser extension came out on November 14 and is now available for Google Chrome and Opera. Users can store, send, and receive crypto across all EVM chains and Solana with this extension. Users can use dApps without having to manually add networks thanks to a function that automatically finds networks.
The extension also supports hardware wallets, NFTs, fiat on-ramp providers, and integrations with blockchains that don’t use EVM.
Binance, the largest cryptocurrency exchange in the world, announced on November 16 that the Trust Wallet integration for Binance Pay was now live. Now, Binance users don’t have to scan or type in their wallet address to make a direct withdrawal. Instead, they can use their Trust Wallet. And it won’t cost anything more than the gas fees for the blockchain. As of press time, the function is only available on the Android version of the Trust Wallet App, but Binance says the iOS version is coming “soon.”
Binance CEO Changpeng Zhao backed Trust Wallet publicly earlier, saying that “self-custody is a fundamental human right.” This isn’t surprising, since Binance has owned the U.S.-based wallet provider since 2018.
By Nov. 15, the price of Trust Wallet Token (TWT) had gone up by almost 150% in six days. This was in contrast to the rest of the cryptocurrency market, which had lost almost $100 billion in net capitalization in the same time frame. During the same time period, the token’s trading volume has gone from 279 million TWT to 593.25 TWT, showing that the market is confident in its upward trend.
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