Can Trust Wallet Move the Market Share Needle for Crypto Exchange Leader Binance?

Colleagues, the world’s largest cryptocurrency exchange Binance holds 28% market share according to CryptoCoin Charts. Trust Wallet is built to handles Ethereum, the second largest cryptocurrecy based upon market value. Its appeal appears to be based on the fact that it offers users greater security because it does not store private information on its users. Binance also offers its own cryptocurrency – Binance Coin (BNB) – which ranks seventeenth worldwide in market cap as reported by CoinMarketCap. Bottom line: Will this acquisition move the needle for Binance in terms of expanded user base and exchange market share? The Cryptocurrency Academy believes the jury is still out on this matter. The key issues are 1) Will Trust Wallet be expanded to accommodate Bitcoin, Bitcoin Cash, XRP, EOS and other highly ranked cryptocurrencies? And second, Can Trust Wallet delivery on its promise of increased security for crypto traders? We see this as a very good move on Binance’s part, yet with all acquisitions implementation is the ultimate test. Send us your comments today! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)