The official cryptocurrency wallet app of choice for Binance has added support for Tezos (XTZ). Additionally, the app is working on introducing a staking feature for Proof-of-Stake-based cryptocurrencies.
Binance: Trust Wallet Adds Tezos Staking
In an official announcement, Binance revealed that its official cryptocurrency wallet of choice, Trust Wallet, has added support for Tezos (XTZ). Additionally, the app is also working on a staking feature for Proof-of-Stake-based cryptocurrencies which is “set to launch by the end of the second quarter.”
Earlier in March, Coinbase, the leading US-based cryptocurrency exchange, made a similar move. It announced Tezos baking for its Coinbase Custody clients.
While Coinbase Custody is geared towards institutional investors, Trust Wallet’s new feature will allow regular Tezos holders to store their tokens while also being able to actively participate in the network’s governance.
Speaking on the matter was Viktor Radchenko, Founder of Trust Wallet, who said:
Tezos is a leading…