Binance-Backed Trust Wallet Introduces ‘Buy+’ Feature for Seamless Crypto Purchases

Trust Wallet, a leading self-custody cryptocurrency wallet with over 200 million users, has launched its new ‘Buy+’ feature in collaboration with Binance Connect. This innovative tool streamlines the process of converting fiat currency to cryptocurrency, enabling direct purchases of tokens on BNB Chain, Base, and Solana networks. Users can now leverage credit cards, Apple Pay, or Google Pay for these transactions, eliminating the need for intermediary steps. The feature is designed to enhance user convenience and accessibility, further solidifying Trust Wallet’s position as a key player in the crypto wallet space. This development marks another milestone in Binance’s ongoing efforts to simplify crypto adoption for mainstream users.

Trust Wallet Launches ‘Buy+’ Feature for Streamlined Crypto Purchases via Binance Connect

Trust Wallet, a leading self-custody crypto wallet with over 200 million users, has unveiled its new ‘Buy+’ feature in partnership with Binance Connect. The tool simplifies fiat-to-crypto transactions, allowing direct purchases of tokens on BNB Chain, Base, and Solana using credit cards, Apple Pay, or Google Pay.

The innovation eliminates intermediary steps for users, bypassing the need to first acquire major cryptocurrencies like BTC or ETH before swapping to desired assets. Buy+ employs intelligent routing—processing supported tokens in a single step while automatically converting base tokens for unsupported assets, all within the wallet’s self-custody framework.

This development caters to both retail and experienced traders seeking efficient access to trending tokens without relinquishing control of private keys. The integration underscores growing demand for seamless onboarding solutions in decentralized finance.

CZ Proposes Private Dark Pool DEX for Crypto Futures

Binance founder Changpeng Zhao (CZ) has floated the idea of a private decentralized exchange (DEX) with dark pool functionality for crypto futures trading. The proposal aims to address privacy and security concerns in the rapidly evolving derivatives market.

Dark pools, traditionally used in equities trading, allow institutional investors to execute large orders without revealing their positions. A crypto-native implementation could attract hedge funds and high-net-worth individuals seeking discreet exposure to Bitcoin and ethereum derivatives.

Bitcoin’s Rally Shifts as Retail Investors Take Charge Amid Whale Retreat

Bitcoin’s market dynamics are undergoing a significant transformation as retail investors increasingly drive the rally while large holders pull back. Over $1 billion in stablecoins exited Binance in May, signaling a reduction in buying power from institutional players. This liquidity shift suggests caution among long-term holders as BTC approaches record highs.

The stablecoin outflow from Binance, one of the largest recent movements, reflects either risk aversion or profit-taking by major investors. Historical patterns show such withdrawals often precede market cooling periods or capital rotation. Meanwhile, smaller investors are stepping in aggressively, potentially sustaining the upward momentum.

This changing landscape raises questions about the rally’s sustainability. The thinning capital base from institutional players contrasts with retail enthusiasm, creating a new phase in Bitcoin’s market cycle. The divergence between long-term holder behavior and retail participation may define Bitcoin’s next price movement.

BNB Surges 19% in May Amid ETF Speculation and SEC Victory

Binance Coin (BNB) rallied 19% in May, surpassing $697 as traders eye the $732 resistance level. The BNB Chain processed $12.4 billion in DEX volume—triple the combined activity of Ethereum and Solana—fueling bullish momentum. Institutional interest grows amid ETF discussions and a pivotal SEC legal win, with some analysts projecting a $2,000 target.

BNB now ranks as the fifth-largest cryptocurrency by market cap at $92 billion, eclipsing Solana by $10 billion and dwarfing Cardano and Tron. The chain’s 1.4 million active DeFi wallets trail only Solana and Tron, cementing its dominance. "Liquidity follows utility," remarked a BNB Chain spokesperson, highlighting record-breaking adoption metrics.

Whales Dominate 75% of Binance’s Total $USDT Inflows

Cryptocurrency whales are heavily favoring Binance for their $USDT deposits, accounting for 75% of the exchange’s total inflows, according to CryptoQuant analyst maartunn. The trend, observed since November 2023, highlights Binance’s dominance as the preferred platform for large-scale stablecoin transactions.

Whales are leveraging the TRON network for its cost-efficient and rapid transfer capabilities, suggesting a strategic preference for Binance’s liquidity, security, and advanced trading features. The substantial inflows signal heightened activity among major market players, potentially priming the exchange for significant buying pressure across digital assets.