Guide on how to Use binance exchange app to connect trust wallet. 23-04-2022 Cfi meet Dfi
SCREENSHOT OF BINANCE MARKET PLACE
Introduction
Relationship between Defi and Cefi
It is a thing of joy to see that the young finance industry (crypto) is giving Way to innovation. Over the years we have been using centralized finance separately and decentralized finance on its own accordingly, until resent that the two finance meet each other respectively at this point we want to see the relationship between Defi and Cefi.
Binance is the biggest crypto currency exchange with high trading volume creating a market opportunity for coins, token and none fungible token, while trust wallet is a decentralized crypto wallet that allot of cryptos can be stored, example of such coins are BTC, ETH, TRX, BNB and MATIC. Now Innovative technology has made it possible that I can from binance exchange connect my trust wallet and carryout trade in pancakeswap effectively.
SCREENSHOT OF MY BINANCE READY TO CONNECT TO PANCAKESWAP
How to link binance to trust wallet
From binance home page pull down your screen you will see binance market place then select PANCAKESWAP then you will see the page similar to the second picture of this post from there tape on connect wallet and you will have options to either go for creat new wallet or connect to existing wallet if your option for example is import wallet you will need to go and pick your wallet recovery phrase and paste it in the designated area, but you need to be careful while doing it, since it's a delegate transaction you are going about.
At this point I request everyone of us here to dick deeper into crypto currency or Blockchain technology to see the many unique opportunity to explore to make the world a simple but Innovative place to stay. Please NOTE for the time being binance only integrate smart chain network... Stay calm and wait while technology defines the future of finance.
Conclusion
It makes us smile to see how technology has made it possible for centralized finance to gradually fine it way to decentralized finance, this is in fact a reassurance that the future of finance decentralized.
Thanks
@steem
@steemit
@steemalive
@focusnow
@ijelady
Hello @divineeko,
Glad to read your post here once again.Surely, decentralized finance which is the most private and secure form of crypto financial transaction and management is gaining more grounds and I am happy it can now be made to work in synergy with centralized exchanges like Binance.Thank you for educating us.