Binance and the Trusted Wallet
According to the announcement, Binance has purchased a mobile cryptocurrency wallet – Trust Wallet.
Binance is one of the largest cryptocurrency exchanges in the world. According to their announcement, the exchange platform has purchased a mobile cryptocurrency wallet that supports the Ethereum and ERC-20 tokens and ERC-223 tokens.
Thrilled to announce that @TrustWalletApp is becoming a part of @binance!
Our focus and goal will remain the same – building a great product for our users.https://t.co/Z3ghz3n0tW pic.twitter.com/jYMHOG3iX0
— Trust – Ethereum Wallet (@TrustWalletApp) 31 lipca 2018
— Binance (@binance) 31 lipca 2018
The agreement was not disclosed, but the board of the exchange confirmed that the purchase was made with FIATs, Binance reserves, and some BNB tokens.
As we can find in the announcement:
“The company has built a reputation for security and has held itself to the guiding principles that it will never access user wallets, hold private keys, and ask for personal information.”
Binance always aimed to be secure for their users; now they have their cryptocurrency mobile wallet.
Binance recently moved to Malta and is one of the largest crypto exchange in the world regarding daily volume. Those are not the only changes that CEO plans for Binance, as he said “[Binance] is in early-stage talks with a few other acquisition targets,”
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