Binance backed TrustWallet confirms support for Bitcoin [BTC]
TrustWallet, the Ethereum-centric wallet has added support for the top cryptocurrency, Bitcoin (BTC) for its iOS users, according to an official announcement on December 9.
Binance, the world’s largest cryptocurrency exchange acquired the cryptocurrency wallet back in July of this year, thereby adding an on-chain mobile wallet to the slew of services offered by the exchange.
Launched in November 2017, prior to the incredible Bitcoin December-bull run, the “Mobile Gateway to a Decentralized Word,” TrustWallet specializes in Ethereum based tokens, ERC20, ERC223, and ERC721. Primarily focusing on providing safety and privacy to their uses, the wallet has principled itself to never access user data, hold private keys or ask for any personal information.
In addition to Ethereum and the newly-added Bitcoin support, TrustWallet also backs GoChain (GO), POA Network (POA), Callisto (CLO), Ethereum Classic (ETC), Wanchain (WAN) and VeChain (VET) and TRON (TRX).
Currently, this addition is available for the wallet’s iOS users only with the Android update coming to users’ devices in 2-3 weeks, as per the announcement. The end of the year will also bring in TrustWallet support for Litecoin [LTC] and Bitcoin Cash [BCH] .
Binance has been on a roll since the beginning of the month, with several announcements that have shown its potential and its native token, Binance Coin’s [BNB] dominance. Changpeng Zhao, CZ, the CEO of Binance announced that the exchange will launch its own blockchain, named, “Binance Chain,” in the coming months. “Personally, I think we will see millions of tokens and thousands of blockchains,” said CZ.
On December 6, the exchange introduced a sub-account feature, thereby allowing users to enhance managerial control and access asset audit tools. This addition is focused around institutional investors, which is Binance’s prime focus heading into the new year.
Last week also saw the exchange’s native token, Binance Coin move up to the 15th spot on the global coin ladder. BNB rose initially due to its addition on Playbetr, the online social gaming and entertainment community, as a payment option.
The global hotel booking company that accepts digital currency as payment, Tripio, announced its support for Binance Coin. Through this partnership, users can now book 450,000+ hotels anywhere in the world and pay for the same using BNB.
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