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Anonymous

09 Oct 2021

∙

I have crypto in trust wallet. Does the banning of Binance affect it?

Hold some coins in the trust wallet. Just wondering if I can keep it there and still able to withdraw or sell next time..

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Faris M

09 Oct 2021

Hi there!

I believe this won't be an issue. Most CEX still offers BNB deposit/withdrawal for both BEP2 and BEP20 network. You can still withdraw freely with BNB from trust wallet to such exchanges. Alternatively, you can utilise the built-in DEX in trust wallet to withdraw using other crypto.

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Eric Dadoun

09 Oct 2021

CEO at DeZy

Trust Wallet is independent of Binance as far as I know and so the situation with Binance shouldn't impact your ability to use Trust Wallet. As far as I am aware you can still use Trust Wallet to transfer assets to other exchanges.

My team at DeZy recently released a resource guide explaining some of the difference between Binance, cold / hot wallets and more. You might find it useful https://dezy.sg/binance-funds/.

Stay safe in the crypto world and good luck!

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