Wallets

Binance’s Trust Wallet lists XRP and launches credit card to cryptocurrency gateway

Binance’s official wallet provider, Trust Wallet, has added a feature that allows users to purchase cryptocurrency with credit cards.

In an announcement on Tuesday, it was also confirmed that Trust Wallet is adding functionality for the XRP token, as it was the “most requested coin from the community,” according to the firm’s CEO Viktor Radchenko.

The addition of XRP comes just days after two privacy-focused projects were also listed on the wallet, with Zcash and Zcoin being made available to users.

The app enables users to purchase Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and XRP using all “major” credit cards.

“We want to increase access to crypto and decentralised applications for all users,” said Radchenko.

“Adding credit card payments is one piece to furthering cryptocurrency adoption and realising our larger vision in helping to bring the freedom of money, and we will continue to integrate more blockchains and features to Trust. Our recent open-sourcing of Trust Wallet Core also makes it easy for developers to integrate new blockchains and we encourage everyone to check out the library.”

Trust Wallet will be the native wallet for the upcoming Binance DEX, which is expected to launch in Q2 of 2019.

After being acquired by Binance in July 2018, Trust Wallet has built an app that enables users to succinctly hold cryptocurrencies spanning across numerous blockchains, including the likes of TRON and Dash as well as major coins like Bitcoin.

Another new feature from Trust Wallet is its implementation of dApps. Some of the decentralised applications available on the platform include Expo, a decentralised margin trading platform, and an Augur-based betting prediction market called Veil.

For an exclusive interview with Trust Wallet CEO Viktor Radchenko, stay tuned to Coin Rivet this week.

Oliver Knight

Londoner ‘Ollie’ graduated from Birmingham City University with a journalism degree in 2016. He combines his writing with his love of crypto and blockchain here at Coin Rivet, saying “It disrupts well-established institutions (banks) while giving an avenue to the less fortunate to achieve financial freedom.” Like all true Londoners, his pet hate is… “People standing on the left-hand side of the escalators on the Tube!”.

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