Binance’s Trust Wallet Implements Support for Multiple Decentralized Exchanges
Developers owned Binance cryptocurrency exchange Trust Wallet implemented support for “several” decentralized trading platforms through the integration of the Kyber Network protocol, writes Cointelegraph.
Binance Acquires Wallet-Developing Startup Last Summer. Initially Trust Wallet exclusively supported Ethereum and tokens on him blockchain, but with time appeared in the wallet possibility work with various cryptocurrencies and non-custodial exchange Binance DEX.
After protocol integration liquidity Kyber Network users became available more wide DEX ecosystem and possibility cryptocurrency exchange on multiple sites through the wallet interface without the need to resort to dedicated books applications.
According to a roadmap prepared by Binance and Trust Wallet, in the future, developers will expand the number of supported assets, based on the Proof-of-Stake consensus mechanism will add for them are stacking services and provide access to decisions second level such as the Lightning Network.
The Block encourages not to overestimate the meaning last ads Binance, since the volumes trades on Binance DEX – one of the most used DEXs in existence today – for the last 30 days made up Total 0.2% in general volume trades company.