blockchainreporter.net
Trust Wallet, a leading multi-chain and self-custodial wallet, has recently joined forces with Ramp and MoonPay. This partnership now enables Trust Wallet users to smoothly convert their cryptocurrency into fiat currencies directly from the Trust Wallet app. Without having to depend on centralized exchange accounts, users will now be able to take full ownership of their crypto journey thanks to a new feature that enables them to enter and exit the cryptocurrency market entirely through their self-custody wallet.
The partnership with Ramp and MoonPay, two industry-leading crypto payment service providers, guarantees an uninterrupted and secure experience for users of Trust Wallet. This gives users the option to seek the best rates, giving them more authority over their digital assets. In addition, holders of more than 100 TWT will be eligible for discounts from Trust Wallet, which will help the community as a whole decrease the fees linked to withdrawals.
Eric Chang, Trust Wallet’s Head of Product, said: “We’re thrilled to announce the launch of our new fiat off-ramp feature on Trust Wallet. By partnering with both Ramp and Moonpay, we’re able to offer our users the best quotes for selling their crypto assets directly to fiat from their wallet, without the need to transfer back and forth with a centralized exchange. With the turbulent market, we think this is a timely launch to give our users the power to choose what to do with their crypto with some of the top off-ramp providers in a simple user experience.”
Providing Access Web3 Opportunities without Limits
As a result of the addition of this new feature, Trust Wallet is now able to provide its users with a one-stop shop from which they can manage all of their cryptocurrencies. This demonstrates the platform’s dedication to delivering an experience that is uncomplicated, hassle-free, and convenient for its customers. Additionally, Trust Wallet is making progress toward its ultimate mission of enabling individuals to freely access and own Web3 opportunities.
Szymon Sypniewicz, CEO of Ramp, said: “We’re incredibly proud to offer the 60M+ Trust Wallet users from across the globe the ability to off-ramp their crypto assets directly and with little friction. Before our partnership, their users had to choose between the risk of simple, centralized custodial solutions, and the more demanding journeys of more secure, non-custodial solutions. From now on, I’m happy to say that Trust Wallet users can enjoy the best of both worlds with Ramp.”
Ivan Soto-Wright, Co-founder & CEO at MoonPay, said: “MoonPay is proud to be a chosen provider for Trust Wallet on their new off-ramp integration. Trust Wallet has been an incredible partner over the last two years and we are excited to expand our relationship. With this new integration, we are embedding more accessibility and usability into DeFi — allowing consumers to have true ownership of their cryptocurrency.”
The partnership between Trust Wallet, Ramp, and MoonPay has brought about a significant improvement to Trust Wallet’s services. With this new feature, users can now take full ownership of their crypto journey while seeking the best rates and having more control over their digital assets. The addition of this feature demonstrates Trust Wallet’s commitment to providing its users with a seamless and hassle-free experience. This development is a win for Trust Wallet users and the broader cryptocurrency community as it increases accessibility, usability, and true ownership of cryptocurrency.