Trust wallet, a top provider of multi-chain and self-custody wallets, has announced that it has integrated with Coinbase Pay and Binance Pay. Users of Coinbase and Binance will be able to seamlessly move cryptocurrency from their Coinbase and Binance accounts into their Trust wallet accounts, thanks to the integration.
Users can transfer their assets from centralized exchanges to decentralized wallets, bridging the gap between centralized and decentralized crypto ecosystems.
A seamless transfer of crypto
In the past, moving cryptocurrency from centralized exchange wallets like Binance and Coinbase to a wallet used for self-custody required several steps. Users had to manually enter the destination wallet’s addresses, move between apps, and choose the right blockchain network for the transfer, which might be difficult, particularly for newcomers.
Thanks to the new integration, users no longer have to enter addresses or endure additional tiresome steps to transfer payments. They may add money from Binance and Coinbase directly to their trust wallets with just one click. This makes it simpler for more individuals to begin using Web 3.
Commenting on the new integration, the Global Head at Binance Pay, Jonathan Lim, said:
“Binance Pay is excited to be integrated with Trust Wallet to simplify the process for users to transfer their crypto assets between two services. Trust Wallet is the first decentralized wallet we supported, Binance Pay looks forward to becoming the key access to Web3 by bridging the worlds of CeFi and DeFi.”