Binance to launch its own crypto smartphone

Binance has partnered with Taiwanese smart phone company, HTC, to launch “the world’s first Binance Chain-ready smartphone for cryptocurrency enthusiasts,” we’re told.

EXODUS 1 – Binance Edition allows you to access the Binance DEX through the Trusted Execution Environment (TEE) called the Zion Vault.

“​Smartphones will play a key role in the crypto industry, and vice versa,” Changpeng Zhao, Binance’s CEO, said before adding:

“Smartphones are the most natural device for a hardware wallet, that can be made simple to use and always with you.

Crypto, on the other hand, will make every smartphone both a POS terminal and a payment device, cutting out most other middlemen. The implications are profound and far-reaching.”

The cryptophone will go on sale later this month at the price of $599 and comes with a BNB airdrop for a limited number of customers.

Phil Chen, Decentralized Chief Officer of HTC says “we are partnering with the biggest and most liquid crypto exchange along with the trust minimized principle of empowering users to own their own keys and run their own full bitcoin node.” Read More...