Trust Wallet users will be able to buy cryptocurrencies for fiat
The function is implemented in cooperation with Moonpay and Ramp Network payment services
05.04.2023 - 15:45
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Trust Wallet, a non-custodial crypto wallet with over 60 million users, is working with crypto payments services MoonPay and Ramp Network to allow users to convert their crypto into fiat currencies within its app, enabling a smoother off-ramp experience.
The aim is to allow users to move in and out of crypto solely through their self-custody wallet having full ownership of their assets, without relying on a centralized exchange, according to a press release.
Trust Wallet said it will offer discounts to users who have above 100 trust wallet tokens (TWT), in an attempt to reduce off-ramp fees. At the time of writing, TWT was trading at $1.19.
“Before our partnership, Trust Wallet users had to choose between the risk of simple, centralized custodial solutions, and the more demanding journeys of more secure, non-custodial solutions,” said Said Szymon Sypniewicz, chief executive officer at Ramp.
This material is taken from the website https://www.coindesk.com.
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