Coinbase and Binance Join Hands Via Trust Wallet.
Following the integration of the Binance exchange platform and the Coinbase platform, the Trust Wallet token(TWT) price has surged upward by 20 percent in the last 24 hours, leading to the token trading at $2.24.
Binance and Coinbase have collaborated to promote the industry in fostering easier and safer Web3 adoption. In a recent data research, Trust Wallet Binance’s self-custodian and multichain wallet provider has taken to the announcement with the Binance pay and Coinbase pay. The target of the two platforms is to reduce the gap between the centralized and decentralized wallets to come up with a more conducive ecosystem.
“Our goal at Trust Wallet is to make crypto and DeFi incredibly easy to use for everyone,” said Eric Chang, the company’s head of product. With the launch of Binance Pay and Coinbase Pay, we hope to make using web3 easier and less expensive, while also removing as much friction as we can from the user journey.
With Binance pay and Coinbase pay integration, the Trust Wallet token price has gained more than 20% in the past 24 hours, trading at $2.24. According to our latest on-chain crypto price oracles, TWT digital token has seen an increment of about 115 percent within the past week.
Users can keep track of over 8 million cryptocurrencies, comprising tokens and Non-Fungible Tokens (NFTs), on more than 70 blockchain networks in the Trust Wallet. It’s important to note that Trust Wallet is the most well-known digital payment in the world, with over 60 million users and 10 million monthly active users globally.
Through the collaboration of the two exchange platforms, blockchain, and crypto adoption has become easier across the globe. Countries like the U.S., Canada, and the U.K. have regulated digital currency, while other countries like China and Egypt have made cryptocurrency an illegal act within their states.