BTCS - Coinbase Wallet to support token swaps on BNB Chain and Avalanche

Coinbase (NASDAQ:COIN) Wallet is expanding to support token swaps on BNB Chain (formerly Binance Smart Chain) and Avalanche (AVAX-USD), "letting you swap a greater variety of tokens than most traditional centralized exchanges can offer," the company said Monday. That's in addition to the Ethereum (ETH-USD) and Polygon (MATIC-USD) networks it already supports. "Coinbase (COIN) Wallet's in-app DEX (decentralized exchange) makes it easy to access these types of tokens through its trading feature, which compares rates across multiple exchanges through the Ox API," the company said. More networks will be available in coming months, and Coinbase (COIN) plans to add support for network bridging, allowing users to move tokens across multiple networks. More than $1T were traded on DEXs in 2021, up 858% from 2020, the cryptocurrency exchange said. In April, BTCS (BTCS) added Polygon (MATIC-USD) to its blockchain infrastructure operations

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Coinbase Wallet to support token swaps on BNB Chain and Avalanche