Announcements
Trust Wallet Integrates opBNB – A Low-Cost, Open-Source Layer 2 Blockchain
Share post
In Brief
We’re excited to announce the integration of opBNB into the Trust Wallet ecosystem. Now you can take advantage of this brand new low-cost, innovative optimistic rollup network built on Binance Smart Chain (BSC) using your Trust Wallet.
We’re excited to announce the integration of opBNB into the Trust Wallet ecosystem. Now you can take advantage of this brand new low-cost, innovative optimistic rollup network built on Binance Smart Chain (BSC) using your Trust Wallet. In this article, we’ll cover what opBNB is, and how to add assets on the opBNB network to your wallet, such as BNB.
What is opBNB?
OpBNB is a layer 2 scaling solution built on BSC that utilizes optimistic rollup technology to improve the efficiency, scalability, and user experience of decentralized applications. OpBNB can handle over 4,000 transactions per second, making it a faster and cheaper alternative to transacting directly on the Binance Smart Chain.
Key features of opBNB:
Scalability: Experience faster transactions and reduced fees with opBNB, a Layer 2 solution that enhances the user experience with scalable and efficient transaction roll-ups.
Interoperability: OpBNB promotes seamless collaboration across Layer 2 platforms, harnessing the OP Stack's power for integration with other chains and fostering innovation in the blockchain ecosystem.
Secured by the BNB Chain: Leveraging Binance Smart Chain's robust Proof-of-Stake security infrastructure, opBNB ensures optimal safety for every transaction while maintaining data availability and integrity.
How does opBNB work?
Optimistic rollups are a particular type of scaling solution that relies on valid transactions present on-chain to assume the legitimacy of new transactions. This means that the network can process multiple transactions in an efficient, cost-effective and timely manner while maintaining the utmost security.
What are the benefits of opBNB?
OpBNB brings new advantages for Trust Wallet users, including:
faster transactions
lower fees than Binance Smart Chain transactions
native integration with the BNB ecosystem
BNB-driven native token economy
modular design based on OP Stack
Using opBNB With Your Trust Wallet
You can manage assets on the opBNB network such as BNB, as well as other assets on the Layer 2 blockchain using Trust Wallet. Below, we’ll cover how that’s done.
Before we dive into exploring opBNB with Trust Wallet, you’ll need to create a wallet if you don’t already have one. Trust Wallet is available as a mobile app or you can get the Trust Wallet Extension for your desktop web browser.
Step 1: Download the latest version of the Trust Wallet App.
Step 2: Set up your new wallet
Open the Trust Wallet app, and choose the option to ‘Create a new wallet.’
Select an option to back up your wallet.
Go through the instructions to start using your wallet.
Tip: If you already have a wallet that’s not Trust Wallet, you can choose to import that wallet. In this case, you’d choose the “I already have a wallet” option.
Step 3: Add BNB on the opBNB network to your Trust Wallet
You can add the BNB asset on the opBNB network to your Trust Wallet. This allows you to deposit and manage the asset.
Add BNB on opBNB using the Trust Wallet mobile app
Select the token filter/toggle in the top right (or scroll down and select “Add Tokens”).
Search for ‘opBNB’ or ‘BNB’ and locate the BNB asset on the opBNB network.
Select the toggle switch to activate it.
Then select the BNB opBNB asset to open the details page, then select “Receive” to view the deposit page.
Use your BNB (opBNB) details to deposit BNB on the opBNB network, to your Trust Wallet.
*Add BNB on opBNB to the Trust Wallet Browser Extension
Select the token symbol.
Search for ‘opBNB’ or ‘BNB’ and locate the BNB asset on the opBNB network.
Select the toggle switch to activate viewing of the BNB asset on the opBNB network.
Navigate to the main wallet page, locate and select BNB on opBNB, then choose the receive button to reveal your deposit details.
Conclusion:
In summary, opBNB is a ground-breaking technology providing great benefits to Trust Wallet users that require stability and speed for their crypto transactions. As more innovative solutions like opBNB are integrated into Trust Wallet, the potential applications of blockchain technology continue to expand exponentially. We're excited to be at the forefront of providing access to the latest and most advanced blockchain solutions, all easily accessible on Trust Wallet.
Join the Trust Wallet community on Telegram Follow us on Twitter Instagram Facebook Reddit
Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.