The company's developers have integrated the Kyber Network protocol. Now users can exchange their cryptocurrency not only on Binance Dex, but also on other platforms
The Trust Wallet, which Binance acquired in the summer of 2018, now supports various decentralized exchanges. This was achieved through the integration of the Kyber Network protocol, writes Cointelegraph .
Initially, the wallet only supported Ethereum and ERC-20 tokens, after which other cryptocurrencies were added, as well as support for Binance DEX. Users can now exchange their digital money across multiple marketplaces without having to work with dedicated order books.
In the future, the developers plan to expand the number of assets based on the PoS algorithm, for them the possibility of staking will be added. There are also plans to implement access to second-tier solutions such as the Lighting Network.
In April, Trust Wallet announced a partnership with the Celer project, one of the most anticipated IEOs of the year, which took place on the Binance Launchpad platform. The partnership is aimed at the implementation of simple interactive decentralized applications, the integration of various games, services and microinsurance.