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Binance Pay payment system integrated into Trust Wallet

10:01 am, November 17, 2022

According to the official website of the largest cryptocurrency exchange Binance, the Binance Pay payment service has started cooperation with Trust Wallet. From now on, customers will be able to make transfers from the Binance Funding wallet to the Trust Wallet.

According to Binance, when transferring digital assets from Binance Funding Wallet to Trust Wallet, users will not pay any fees for withdrawals or scanning/entering the wallet address. Currently, the feature is available only on Android, but Binance representatives promised to bring it to iOS in the near future.

Binance has also published step-by-step instructions for transferring cryptocurrency from your Binance Pay account to your Trust Wallet:

  1. Log in to your Trust Wallet and click the «Receive» button, then select the asset you want to transfer.
  2. Select the «Deposit from an exchange» option at the bottom of the page, then choose «Binance».
  3. Enter the amount of cryptocurrency you want to transfer, and then click «Confirm».
  4. The transfer will begin processing and you will be prompted to open the Trust Wallet app.
  5. Within a few seconds, you will receive a push notification in your Trust Wallet app with the details of the transaction.

Just a few days ago, Binance announced that users can now buy cryptocurrencies using credit and debit cards via Apple Pay and Google Pay. According to Binance, the service is currently available only for citizens of the UK and the EEA (European Economic Area — ed.). Those users who want to access the service must go through the process of verifying their account. You can try the new method by clicking on the «Buy» option in your profile and then selecting «Credit/Debit Card» in the main menu bar of the Binance homepage.

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