Cryptocurrency Q&A
Is Trust wallet owned by Binance?
Is Trust wallet owned by Binance?
Isabella
Sun May 26 2024
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7 answers
1130
Could you please clarify for me the ownership structure of Trust Wallet? I've heard rumors that it might be associated with Binance, but I'm not entirely sure. Could you tell me if Binance owns Trust Wallet, or if there's any other relationship between the two? I'm trying to understand the connection, if any, between these two entities in the cryptocurrency space. Your insights would be greatly appreciated.
7 answers
HallyuHeroine
Tue May 28 2024
Since its acquisition, Trust Wallet has witnessed exponential growth, boasting over 70 million downloads worldwide. This impressive figure underscores the wallet's popularity and widespread acceptance among crypto enthusiasts.
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SolitudeEcho
Tue May 28 2024
The wallet's versatility is one of its key strengths, supporting approximately 100 blockchains. This allows users to store and manage a diverse array of cryptocurrencies, meeting the needs of a wide range of investors and traders.
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Rosalia
Tue May 28 2024
Trust Wallet's feature set is extensive, offering services that cater to various crypto use cases. One such service is staking, which allows users to earn passive income by locking up their cryptocurrencies.
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SoulStorm
Tue May 28 2024
Cross-chain conversion is another notable feature of Trust Wallet. This functionality enables users to seamlessly convert their cryptocurrencies across different blockchains, enhancing the wallet's utility and flexibility.
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benjamin_stokes_astronomer
Tue May 28 2024
In 2018, Trust Wallet emerged as a significant acquisition by the renowned cryptocurrency exchange Binance. This acquisition marked a pivotal moment in the crypto sphere, signifying the growing importance of secure and user-friendly wallet solutions.
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