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Trust Wallet Launches Gas Sponsorship for BNB Chain and Solana Users

Trust Wallet’s new feature covers gas fees on BNB Chain and Solana, sponsoring over $100M in swaps, with plans to expand to Ethereum and other major chains soon.

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Summary

Trust Wallet has rolled out a Gas Sponsorship feature for BNB Chain and Solana users, allowing transactions without native tokens or adequate gas. Since launch, it has sponsored over $100 million in swap volume, with a daily limit of four transactions per chain. The company plans to extend the feature to Ethereum and other major chains in the near future.

Terms & Concepts
  • Gas Sponsorship: A mechanism where transaction fees (gas) are covered by a third party, allowing users to transact without holding the native blockchain token.
  • BNB Chain: A blockchain network developed by Binance, supporting decentralized apps and smart contracts.
  • Solana: A high-performance blockchain platform known for fast transaction speeds and low costs.