Binance’s Official Crypto Wallet Adds Support for XRP and Credit Card Purchases

The official wallet of leading cryptocurrency exchange Binance, Trust Wallet, has added support for credit card purchases and Ripple’s XRP token. The company announced the new features in a press release shared with Cointelegraph on March 12.

Trust Wallet was acquired by Binance in July of last year in the exchange’s first public acquisition.

According to the press release, users can now send, receive, store and exchange XRP via Trust Wallet. According to the wallet’s official website, Trust Wallet also supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH), among others, and as well as any ERC20, ERC223 and ERC721 tokens.

Following a partnership with payment processing firm Simplex, the wallet also now supports credit and debit card purchases of XRP, BTC, BCH, LTC and ETH.

Per the release, the recent launch of the company’s open-source, cross-platform software library Trust Wallet Core also enables developers to build further native decentralized apps and wallets.

Furthermore, Viktor Radchenko, the founder of Trust Wallet, pointed out that the library enables independent developers to integrate new blockchains with the wallet.

At the end of January, Binance itself — currently the world’s largest crypto exchange by adjusted daily trade volume — added support for credit and debit card purchases via Simplex.

As Cointelegraph reported in February, Binance’s Trust Wallet will also be integrated with Binance DEX, along with the Ledger Nano S. Binance DEX is a peer-to-peer decentralized exchange powered by the Binance Chain, the test network of which Binance launched last month.

At the end of November last year, news broke that another decentralized exchange, Bhex, had concluded a $15 million funding round with support from major exchanges such as Huobi and OKCoin.