Binance has announced that Trust Wallet, which the crypto behemoth acquired back in June 2018, will now support Ripple’s XRP. On top of that, the multicurrency wallet will also start accepting debit/credit card payments.
The big five
With the introduction of XRP, Trust Wallet now allows its customers to purchase four major altcoins — Bitcoin, Ethereum, XRP, Litecoin, and Bitcoin Cash. Binance’s official wallet now supports 17 Blockchains, and more of them are expected to be integrated in the future.
It’s worth noting that Trust Wallet supported only Ethereum and ERC20 tokens before it was acquired by Binance.
Card payments
The credit card option is powered by cryptocurrency payments provider Simplex. According to Trust Wallet founder Viktor Radchenko, the new feature will help propel adoption of digital assets and ‘bring the freedom of money.’
As reported earlier by U.Today, Binance debuted credit and debit card payments on Jan. 31. The number one exchange by trading volumes also let its users purchase XRP.