About Binance Pay
Binance Pay is a cryptocurrency payment technology designed by Binance. It allows users to shop with crypto or send digital assets to friends and family around the world without the usual hassle with manual crypto payments. The service is free of charge with the advantage of speed, and supports more than 200 cryptocurrencies.
About Trust Wallet
Trust Wallet is a decentralized, multi-chain cryptocurrency wallet, launched in 2017.
Prior to that, Trust Wallet was acquired by Binance in 2018 and has built a reputation among consumers for security and privacy.
Trust Wallet is widely applied, making it easy for users to buy, sell, earn and store crypto assets. It ranks among the world’s top self-managed wallets, with over 58 million app downloads and over 10 million MAUs worldwide.
Binance Pay and Trust Wallet Integration
According to the official announcement of Binance, Binance Pay is integrated with Trust Wallet from November 16. This integration allows users to participate in the Web3 world more easily.
Binance Pay’s new Trust Wallet integration allows users to conveniently transfer crypto to their decentralized wallet.
When transferring assets from a Binance Pay wallet to a Trust wallet account, you do not need to scan or enter a wallet address. Simply click on “Deposit from exchange” on the Trust Wallet App. Furthermore, there are no additional fees except for blockchain gas fees.
This functionality is currently only supported on the Android version of Trust Wallet and will be available on iOS soon.