Trust Wallet launches a service for converting crypto assets into fiat currency - Bits Media

The Trust Wallet Cryptocurrency Wallet team announced the launch of a new functionality, allows you to convert crypto assets into a fiat currency directly through the application.

According to the developers, The implementation of this service has become possible thanks to cooperation with suppliers of RAMP and MoonPay crypto payments. Commenting on the launch of new functionality, Head of the Trust Wallet products department Eric Chang (Eric Chang) reported, what for users, who own more than 100 TCCEN WALLET (TWT), commission for converting funds will be reduced.

Note, that the Trust Wallet wallet is not cold or hardware, And it works like a hot wallet, While the Internet connection is saved. Despite the constant improvement of data protection systems, Hot cryptocurns cannot guarantee users of full control over closed keys and are subject to online grips, viruses and hacks.

In January, the founder of the venture company Fenbushi Capital and one of the most famous cryptocurrency investors in China Boer Sheen (Bo Shen) reported, that one of his Trust Wallet wallets was hacked, and assets worth more $40 Milln are stolen.