The news of the FTX collapse is surrounding the whole crypto market but the Trust Wallet announcement seems to be good news for crypto users. On 14 November Trust Wallet launched the Browser extension with the cooperation of Binance Pay and Coinbase Pay. With this cooperation, the users of Binance and Coinbase will be able to transfer their funds directly to a Trust Wallet account.
Eowyn Chen, the CEO of Trust Wallet, said, “The most popular request from our consumers is for a browser extension, and they want one with the same positive user experience as the Trust Wallet mobile app with the ability to support several chains. We design for users so they may access the fascinating dApps on many chains using whichever device they like. This is just the beginning, and we’ll keep working to get better by taking user and developer input “.
Binance made the launch official on 16 November through an official blog post. According to the blog post
“Users of Binance won’t need to input or scan a wallet address because their Trust Wallet is one of the alternatives for direct withdrawals, and the transaction will just charge a blockchain gas fee, nothing extra. The company also mentioned that the iOS version of the Trust Wallet app will be released soon, however, as of the time of publication, only the Android version of the app supports the feature.”
With Coinbase Pay, the same integration will function. A user’s ability to quickly finance their self-custody wallet or DApps aligns with the company’s goal to “create a bridge to Web3,” according to Bipul Sinha, group product manager at Coinbase.
About the Trust Wallet browser extension
Trust Wallet was previously officially sponsored by Binance CEO Changpeng Zhao, who said that “self-custody is a fundamental human right.” Given that Binance has owned the wallet service with American roots since 2018, the move should not come as a surprise.
Users may safely manage, transmit, and receive over 8 million tokens across all EVM chains and Solana using the Trust Wallet browser extension. This consists of Ethereum, BNB Chain, Polygon, and Avalanche with the option to add additional EVM chains on a bespoke basis. In the next months, there will be an increase in non-EVMs, which will be published at the proper time.
The Trust Wallet Extension also enhances the multi-chain user experience of the extension wallet. Without the need to manually add networks, network auto-detect enables a seamless dApp experience. Since 8 Million tokens are already included, there is no need to manually add tokens, which enhances asset trackability.
The browser extension offers an enhanced dApp experience for users to efficiently find things outside of centralized exchanges (CEXs), such as Web3 games, metaverse, DeFi, tokens not found on CEX, and more, by combining all these advantages.
The browser extension is available on the platforms like Google Chrome and Opera. The users can store, send, and receive cryptocurrency across all Ethereum Virtual Machine (EVM) chains and Solana with the plugin. Users will benefit from a seamless DApp experience without having to manually add networks thanks to a network auto-detect capability.
This extension also supports hardware wallets, multiple wallets, NFT, fiat on-ramp providers, and non-EVM blockchain integrations.
What is Trust Wallet App?
With support for over 8 million crypto assets, including tokens and NFTs across more than 70 blockchains, Trust Wallet mobile is a multi-chain noncustodial mobile wallet. Additionally, with this users get to connect to dApps using the built-in DApp browser and purchase, trade, and stake crypto natively without ever leaving the app.
This became the motivation to release the browser extension as people demanded it for a long time so the company finally succeeded in doing that.
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