Trust Wallet launched their new browser extension, which let users store, send and send crypto across all EVM Chains and Solana. The extension is now available in Google Chrome, Edge, etc. The extension lets users store, send, and receive crypto across all EVM chains and Solana. It’s built with an auto-detect function which provides users with a seamless dApp experience without the need to manually add networks.
The extension also includes multi-wallet support, NFT support, fiat on-ramp providers, and non-EVM blockchain integrations, as well as hardware wallet support.
Trust wallet is a decentralized wallet owned by Binance. The main advantage of a decentralized wallet is users own private keys and the assets are in control of the users. The exchange has no control over the funds. There were many instances in centralized exchanges where the exchange had blocked the funds of users, and this is something decentralized exchanges can’t do. The transactions are happening directly on the crypto chain and this data is completely private to the users. Even centralized exchanges like Binance are not able to withstand the recent turmoil and trying to gain user confidence by focusing on decentralized exchanges.
By Nov. 15, Trust Wallet Token (TWT) has surged by more than 125% in the last few days. The market has ignored the downturn in the cryptocurrency market and pushed the trading volume to more than 590 Million TWT. Recent turmoil in many centralized exchanges is pushing hard-core crypto users to decentralized exchanges. The recent surge in TWT tokens is witnessing this trend.
