Binance’s Trust Wallet adds Zcoin support

Artwork for Zcoin. (source: Binance Blog)

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Binance’s official crypto wallet Trust Wallet integrated Zcoin, a privacy coin from the pioneers of the Zerocoin protocol, according to an entry on their official blog.

“As part of Trust Wallet’s ongoing commitment to privacy projects, we have integrated Zcoin and Zcash to build on our larger mission for the cryptocurrency community to benefit from their unique privacy features,” the blog entry says.

Zcoin’s integration follows Trust Wallet’s acquisition from leading global cryptocurrency exchange, Binance last year. Since then, Trust Wallet has developed its integration for the launch of Binance Chain and its corresponding decentralised exchange (DEX) to provide the first native decentralised wallet for DEX and support the new native Binance coin (BNB) on Binance Chain.

“Privacy is one of our core values, as it is an inherent human right and should be maintained to preserve personal rights and dignity. For us, it is very important to support as many privacy feature coins as possible, so our users can have the power to make there own choices,” says Trust Wallet Founder Viktor Radchenko. “Our initial release of Zcoin will allow sending and receiving functionality with plans to support the Zerocoin protocol in the near future and therefore providing the highest level of privacy for our users,” he adds.

Zcoin is the privacy coin which first pioneered the use of the Zerocoin Protocol, and is the first to implement Merkle Tree Proofs on its network for egalitarian mining, as well as the Dandelion protocol which protects user identities by obscuring their IP addresses.

“We are excited to bring Zcoin to Trust Wallet users everywhere, ” says Reuben Yap, COO of Zcoin. “One of Zcoin’s goals is to deeply embed ourselves into the crypto ecosystem and make our coins easy to store and use where Trust Wallet aligns. We are looking forward to adding more integrations as Trust Wallet is the native decentralised wallet for Binance’s DEX and excited about their support for Zcoin and other privacy coins, and for Zcoin to be among the first non-Ethereum based coins to be added to the wallet,” he adds.

Zcoin (XZC) is an open source, decentralised privacy coin that focuses on achieving privacy and anonymity for its users while transacting on the blockchain. It is the first full implementation of the Zerocoin Protocol, which allows users to have complete privacy over their transactions via zero-knowledge cryptographic proofs.

Trust Wallet is the official wallet of Binance. Trust provides a secure wallet to send, receive and store digital assets, and its built-in dApp browser can be used to communicate with dApps and trade crypto and collectables directly from a smartphone or tablet.

Binance was launched in July 2017 and is based in Malta.