Trust Wallet, the official wallet of Binance, has added support for Ripple’s token XRP and credit card purchases. The news was shared in a press release today.
Binance, the biggest cryptocurrency exchange based on daily volume, has announced via a press release that XRP can now be stored on its native app Trust Wallet. The third largest cryptocurrency joins 16 other digital assets including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.
Offered by Binance, Trust Wallet is an open source, anonymous, and decentralized wallet. Trust Wallet was acquired by Binance in July 2018 and was the first public acquisition of the crypto exchange. Originally the wallet only supported Etherereum and Ethereum based tokens, but this changed quickly after the acquisition.
Besides adding support for XRP, Trust Wallet users will now also be able to buy cryptocurrencies with credit or debit cards through a collaboration with payments provider Simplex. The partnership with payment provider Simplex started in January this year, when the company announced that Binance users could buy cryptocurrencies using a creditcard.
Viktor Radchenko, Founder of Binance’s Trust Wallet, said about the news:
“We want to increase access to crypto and decentralized applications for all users. Adding credit card payments is one piece to furthering cryptocurrency adoption and realizing our larger vision in helping to bring the freedom of money.”
When it comes to support from Binance, 2019 seems to become a good year for XRP. Not only has Trust Wallet now added support for the digital asset, Binance already added XRP as a base pair on the platform and CEO Changpeng Zhao recently expressed interest in becoming an xRapid partner in the future.