Trust Wallet Launches Buy+ to Simplify Crypto Purchases via Binance Connect

  • With the introduction of Buy+, Trust Wallet has simplified everything into a single, smooth flow.
  • With this functionality, anybody may use fiat currency to acquire tokens on BNB Chain, Base, and Solana.

Buy+, a new feature powered by Binance Connect, has been released by Trust Wallet, the world’s leading self-custody Web3 wallet, which is trusted by over 200 million users. The purpose of this new feature is to simplify cryptocurrency access for users all over the globe and to make onboarding simpler for newcomers. With this functionality, anybody may use fiat currency to acquire tokens on BNB Chain, Base, and Solana. It is not necessary to hold crypto assets or to have a working knowledge of complicated crypto procedures in order to make it possible.

Previously, purchasing a new or trending token often required a multi-step procedure that included manual swaps and transferring between platforms. This enhancement has made the process far simpler. Many people, particularly those who were just starting out, found this to be a difficult, time-consuming, and potentially error-prone process. With the introduction of Buy+, Trust Wallet has simplified everything into a single, smooth flow. This makes it possible for users to shift from card, Apple/Google Pay, and other payment methods to the token of their choice with only a few clicks, and they can do so without having to leave the app or give up self-custody access.

Eowyn Chen, CEO of Trust Wallet stated:

“The first step to onboard a fiat asset into the desired crypto asset directly is often the hardest. And that’s what we’re improving as part of the effort to bring web2 user experience to web3 tech. When people discover a good crypto asset, they want to be able to buy it quickly, securely, and easily. Increasingly, these assets are not the major coins but rather smaller, trending tokens. So, we seamlessly integrate fiat onboarding with on-chain crypto swapping with the fewest steps. With this new capability, we’re giving users a simpler, safer, and smarter way to get their desired tokens —without compromising on self-custody or experience.”

As a means of operation, Buy+ intelligently routes transactions according to the availability of tokens. In the event that a token is directly supported by Binance Connect, the transaction from fiat currency to cryptocurrency is performed in a single, seamless flow. In the event that this is not the case, the functionality will automatically assist a two-step procedure, which consists of first getting the needed native token and then swapping it inside the Trust Wallet app. Through this process, the user will be able to preserve complete self-custody and experience minimal complexity.

This feature combines the fiat-to-crypto infrastructure of Binance Connect with the smart routing and swap capabilities of Trust Wallet to provide a one-of-a-kind seamless experience that strikes a balance between speed, flexibility, and complete ownership.

Thomas Gregory, Vice President of Fiat at Binance stated:

“At Binance, we’re focused on breaking down barriers to crypto adoption, and the launch of the Buy+ feature in Trust Wallet — powered by Binance Connect — is a major step in that direction. By removing the complexity of chains, swaps, and token transfers, we’re giving users — especially those new to crypto — a faster, simpler way to access the tokens and communities they care about. Binance Connect is proud to power this experience and enable our partners to deliver seamless fiat-to-crypto journeys.”

As Binance Connect continues to broaden users’ access to Web3 tokens, more blockchain networks will be taken into consideration for inclusion in future rollouts.

This partnership between Trust Wallet and Binance Connect demonstrates a common commitment to reducing the barriers to entry and making Web3 more user-friendly for millions of users all over the globe.

Get Started Today

Try out Buy+ Token by downloading or opening the most recent version of Trust Wallet and selecting “Buy” from the menu of any token that is supported. The functionality is now available to the public.

Note: This feature will not be accessible in the United Kingdom, the United States of America, Canada, Nigeria, the Netherlands, Russia, Belarus, Cape Verde, Cuba, Syria, or Iran until further notice may be issued. It is not intended for audiences located inside the United Kingdom to receive this sent information. You are kindly requested to leave the content immediately if you are seeing this information from inside the United Kingdom.

Trust Wallet is a Web3 wallet and gateway that provides users with the ability to completely own, manage, and harness the power of their digital assets. It is a secure wallet that allows users to keep their digital assets. From novices to seasoned users, Trust Wallet makes it simpler, more secure, and more convenient for millions of people all over the world to experience Web3, access decentralized applications (dApps) in a secure manner, store and manage their cryptocurrency and non-fungible tokens (NFTs), as well as buy, sell, and stake cryptocurrency in order to earn rewards. All of this is accomplished in a single place and without any restrictions.

Binance Connect is a prominent infrastructure platform that converts fiat currency to cryptocurrency and is powered by Binance. Through the use of Binance’s worldwide liquidity, regulatory compliance, and different payment rails, it allows smooth on- and off-ramp solutions for Web3 apps, wallets, and marketplaces. These payment rails include card payments, Apple Pay, Google Pay, local banking choices, and peer-to-peer trading. Binance Connect is a solution that bridges the gap between conventional finance and decentralized ecosystems. Its purpose is to ease access to digital assets by providing developers, companies, and consumers with the ability to interact with cryptocurrency in a safe and efficient manner.

Source: https://thenewscrypto.com/trust-wallet-launches-buy-to-simplify-crypto-purchases-via-binance-connect/