With Binance Pay and Coinbase Pay integration, Trust Wallet launches a browser extension

Key points: 

• Trust Wallet launched its browser extension that allows users to store, send and receive cryptocurrencies across all EVM chains and Solana.
• The extension also includes multi-wallet support, NFT support, fiat onramp provider and non-EVM blockchain integration, and hardware wallet support.
• Users can now transfer funds directly to Trust Wallet accounts with Binance Pay and Coinbase Pay.

Self-custodial Trust Wallet are gaining momentum following the collapse of FTX and the general run of banks on cryptocurrency exchanges. A week later, the company launched a long-awaited browser extension, and in partnership with Binance Pay and Coinbase Pay, users can now transfer funds directly to Trust Wallet accounts.

On November 14, Trust Wallet launched its browser extension, which is now available in Google Chrome and Opera browsers. The extension allows users to store, send and receive cryptocurrencies across all EVM chains and Solana. Automatic network discovery provides users with a seamless dApp experience without the need to manually add networks.

The extension also includes multi-wallet support, NFT support, fiat onramp provider and non-EVM blockchain integration, and hardware wallet support.

On November 16, Binance, the world’s largest cryptocurrency exchange, announced the launch of Binance Pay’s Trust Wallet integration. Now Binance users do not need to scan or enter wallet addresses as their Trust Wallet is one of the direct withdrawal options. And it costs no more than blockchain gas fees. As of press time, the feature is only supported on the Android version of the Trust Wallet app, but Binance announced that an iOS version is “coming soon.”

Previously, Binance CEO Changpeng Zhao publicly endorsed Trust Wallet, saying that "self-custody is a basic human right." The move comes as no surprise, as Binance has owned the U.S.-based wallet provider since 2018.

The same integration works with Coinbase Pay. According to Coinbase’s group product manager, Bipul Sinha, allowing users to easily fund their self-hosted wallets or dApps is in line with the company’s mission of “building a bridge to Web3.”

As of Nov. 15, Trust Wallet Token (TWT) rallied nearly 150% in six days, offsetting a slump in the cryptocurrency market that saw its net capital plummet by nearly $100 billion over the same period. Meanwhile, the token’s trading volume increased from 279 million TWT to 593.25 TWT over the same period, showing market confidence in its bullish trend.