Binance Connect Partners with Trust Wallet to Drive Crypto Adoption to Drive More Users into Web3
Today, we’re pleased to announce that Binance Connect, a leading global payment infrastructure provider backed by Binance, has formed a partnership with Trust Wallet, one of the largest multi-chain, self-custodial crypto wallets. In addition to growing the Web3 economy, this partnership will also offer an easy and secure way for new adopters to build or expand their crypto portfolio across multiple blockchains.
Binance Connect, formerly known as Bifinity, is Binance’s official fiat-to-crypto payments provider. It has been powering fiat-to-crypto on- and off-ramps, processing millions of transactions globally for Binance.com users.
Trust Wallet is the largest mobile self-custodial wallet that allows users to send, receive, and store more than 4.5 million digital assets and NFTs on 66 blockchains with full ownership. The convenient, easy to use app serves 60 million users, enabling them to enjoy the DeFi and NFT worlds easily and safely. Trust Wallet is also among the first three wallets to support Instagram’s digital collectible initiatives.
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The integration between Binance Connect and Trust Wallet will provide a seamless way for users to access Web3 assets. Backed by the top world liquidity provider Binance, Trust Wallet users are now able to purchase more than 200 crypto assets with credit or debit cards directly, with more than 40 fiat currencies supported.
Previously, buying crypto with fiat was often a complicated process. Users had to go through centralized exchanges before they could get their assets onto a blockchain. With Binance Connect, KYCed users can use their existing accounts to fund their Trust Wallet with a few simple clicks.
“Our goal at Binance Connect has always been to increase crypto adoption and bridge the gap between traditional finance and the crypto economy. This partnership with Trust Wallet will help bring new users to Web3 in a convenient way,” said Helen Hai, the President of Binance Connect.
“We’re thrilled to partner with Binance Connect to pave an easier way for users around the world to join the exciting world of crypto and Web3,” said Eowyn Chen, CEO of Trust Wallet. “Trust Wallet sees fiat capability as a crucial infrastructure to support the development of the Web3 and crypto industry, especially in many developing regions. We’re pleased to be working with Binance’s powerful fiat infrastructure to widen access and lower the entry barrier for people in more corners of the world.”
Binance Connect will celebrate the partnership by rewarding “Binance Connectors” in a campaign running from today to June 30. Trust Wallet users who use Binance Connect can share their experience on Twitter using the hashtag #BinanceConnector and #TrustIsGlobal, and complete a quick survey to win crypto rewards.
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