Switcheo Network Set to Invest in Integrating Trust Wallet’s Technologies
Switcheo Network, the non-custodian exchange facilitating P2P transactions, is delighted to announce the integration of Trust Wallet's Decentralized Application browser. Trust Wallet provides cryptocurrency solutions that support Ethereum, ERC20, and ERC223 tokens.
In the announcement made through their official Twitter handle, Switcheo Network explicitly confirms the new integration with additional information on how it will work.
We are delighted to announce @trustwalletapp is now integrated with #Switcheo Exchange! Find out more on how to access Switcheo Exchange from @trustwalletapp: https://medium.com/switcheo/switcheo-adds-integration-with-trust-wallet-743918c16988 #SwitchtoSwitcheo #SwitcheoGreetings $SWTH $ETH
— Switcheo (@SwitcheoNetwork) December 19, 2018
Alongside the integration, Switcheo will allow users to trade on the exchange directly while using the TrustWallet's dApp browser.
Cryptocurrency traders with access to Switcheo can now access the service with their in-built DApp Browser.
“For users who have already have Trust Wallet installed, you can now access the Switcheo Exchange directly through their built-in DApp Browser. If you visit our website from a regular mobile browser, you can open it directly by clicking on the ‘Open Trust Wallet' button.”
The Trust DApp Browser comprises of a fully functioning browser that allows interaction with any decentralized applications. The browser is meticulously crafted to offer users a simple, secure, and seamless connection between individuals, the Ethereum network and any DApp.
The integration with Switcheo Network will integrate the Trust Wallet interface to fully optimize and deliver a world-class trading experience for the traders on the exchange. The end-game is to enable a trustless transfer system for tokens.
Currently, the functionality within Switcheo's Network exchange is expanding to consolidate Support for more tokens, digital wallets, and decentralized application. Only last November, the Switcheo Network went live on Ethereum with its Callisto update.
Together with this, Switcheo Network also added 19 new tokens including, Kyber Network (KNC), Holochain (HOT) Morpheus Network (MRPH) and more. The rollout signified an important milestone for Switcheo, and the move was vital in activating cross-chain trading.
With no predecessors in the industry, Switcheo's innovation will be a one-of-a-kind integration built to facilitate secure and trustless cross-chain transactions in the future. Currently, the company's evolution in cross-chain combination through its blockchain will ultimately ensure the Switcheo exchange is head-to-head with the more extensive and more competitive centralized exchanges.
Overall, the integration of Trust Wallet and Switcheo has the potential to compete with the conventional financial institutions, with its ability to list tokens across the multiple blockchains yet still on a single non-custodian exchange.
About Switcheo Network
Switcheo Network is a pioneer NEO-based non-custodial exchange that allows for a seamless trading experience for both NEO and Ethereum tokens.
The exchange seeks to deliver trustless and secure transfers between blockchains in a decentralized environment.
About Trust Wallet
The Trust Wallet service was created in November 2017 with the goal to offer a secure mobile wallet solution with decentralized and anonymity features. Wallets users can manage multiple Ethereum-based tokens, Bitcoin, Tron, and other popular cryptos.
In July, Cryptocurrency exchange giant, Binance, acquired Trust Wallet to make it part of the Binance Decentralized Exchange (DEX) infrastructure.