Enjin Wallet becomes first wallet to offer full Binance Chain & all BEP-2 Tokens
Enjin Wallet just added full native support for the Binance Chain and all BEP-2 (Mithril, ChangeNow) based assets. This means all Binance Chain assets can now be safely stored on both Android and iOS phones and transferred with ease (with “memo” support). This integrations comes merely a week after the official launch of the Binance Chain mainnet on April 23. Binance Chain boasts fast transactions, transaction finality and support for Binance Decentralized Exchange (DEX).
For more information about the Enjin Platform, check out our Enjin Coin Guide.
This initiative is also a step in the right direction for Enjin, coming weeks after their collaboration with Samsung. With their partnership, Samsung Galaxy S10 Blockchain KeyStore will natively support ENJ, ERC-1155, Ethereum (ETH) and Ethereum based tokens.
“Like Enjin, Binance is a fast-moving, innovation machine — and one that we are proud to throw our support behind through this collaboration and many more to come.”
It’s Enjin Wallet is the most secure mobile wallet in the crypto space with a strong private key encryption mechanism and their own secure keyboard which. Enjin team claims these security features gives the wallet “hardware-like security.” To ease navigation, Enjin has a coin management system with features that allow one to customize fees and set limits.
Stronger BUIDLers stick together
Following this incorporation, Ted, lauded Enjin as a “community- and BUIDL-focused.” Apart from BNB support, Enjin also announced their plans of allowing clients to “place orders to Binance DEX’s on-chain order books — without leaving the Enjin Wallet’s secure interface” in coming days.
For more information about the Enjin Platform, check out our Enjin Coin Guide.
“We are excited to have the support of Enjin Wallet on Binance Chain. Enjin users will be able to transact from wallet to wallet on Binance DEX with full custody over their assets, increasing the level of freedom in the community.”
Ted Lin, the Binance Chief Growth Officer
If anything, this announcement complements Binance’s effort of launching a modern, liquid and easy to use decentralized platform effectively creating a liquid market place where participants can exchange digital assets without a third party via Binance Chain, a decentralized network from where the Binance DEX and all other Binance’s operations will operate from.
Binance CEO Changpeng CZ Zhao talks about the future of cryptocurrencies
“Binance Chain is a very simple chain in terms of application, but it can handle very large loads. It is our opinion that the load is more important than the features.” — Changpeng “CZ” Zhao, Binance CEO
Clearly, Enjin is strategically positioning itself and will tap on the success of Binance DEX. Besides, the announcement is a testament enough, revealing their code improvement and dedication of prioritizing the user which is the reason why the wallet as a 4.6-star rating at Google Store.
