When Binance announced that they will drive adoption of crypto by implementing features for cryptocurrency trading I was curious how this will affect Brave with the integrated uphold wallet.
After I updated to Brave desktop browser version 1.8, I noticed this little new widget from Binance on the start page. So time to check out some more news about this latest development:
The Binance widget is easily accessible from the New Tab page in the Brave desktop browser. The integration offers several functions for managing, buying, and trading cryptocurrency:
Summary: Viewing Binance account asset balances
Deposit: Listing supported assets in the account, searching for specific assets, and viewing fiat value (Selecting an asset from this list will also reveal the deposit address in text and QRCode form)
Convert: Converting from one asset to another (A conversion quote is displayed for 30 seconds; the Binance widget reflects the new balance in the “summary” tab soon after the conversion has completed)
Buy: Buying and selling crypto assets (Purchases are reflected in the Binance widget shortly after they have concluded)
In order to interact with their Binance account, a user must first connect the Binance widget to Binance, which is done by clicking the “Connect” button on the widget itself. Once this button has been clicked, a window appears, and the user is prompted to authenticate with Binance. Once successfully authenticated, the Binance widget is fully operable. Any assets held by Binance are enumerated at this time. Because the Binance widget is built into the Brave desktop browser and is not a loaded iframe (remotely embedded document), it is designed to preserve the user’s privacy. API calls will only be made into Binance if the user authenticates via OAuth and interacts with the widget.
Users can access the Binance.com or Binance.US (for US-based users, which currently offers the disconnected buy view but will soon feature an API) sites, and can trade cryptocurrencies such as Bitcoin, Ethereum, BNB, Ripple, Litecoin, and many others supported by Binance.
Users can easily disconnect their Binance widget by clicking “disconnect” from the dropdown menu in the widget. Disconnecting the Binance widget does not impact the user’s Binance account, and the Brave browser is not able to interact with a user’s account again until the user reconnects the widget. The Binance widget is enabled by default on the New Tab page, but users can hide it by clicking the menu at the top right corner of the widget, and choosing “hide Binance” from that menu.
The Binance widget will be available on Brave’s mobile platforms later this year.
(source: https://www.binance.com/en/blog/421499824684900549/Binance-Widget-Now-Available-to-All-Brave-Desktop-Browser-Users)
I reckon this is pretty amazing and makes me start thinking about using Binance more and more. What is your opinion about the Binance widget? Any experience so far? Did anyone use it for buying $BAT or $BNB yet? I will start using it and publish an article about my experience.
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