Opera Now Allows Users to Buy BNB With Fiat Through Built-In Crypto Wallet

Key Insights:

• Opera integrates BNB Chain.
• The strategic partnership aims to increase Web3 adoption.
• The Opera Crypto Browser project already supports Ethereum and Ethereum dApps and Polygon.

One of the crypto-friendly internet browsers, Opera, has announced the integration of BNB Chain. The integration would enable BNB Chain-based decentralized apps (DApps) to run on Android, iOS, and desktop versions of Opera’s crypto browser.

Opera’s Web3 focused initiative

Earlier this year, Opera unveiled its new Web3 initiative, with beta versions of its latest browser available for PCs, Macs, and smartphones. In light of the firm’s Web3-focused initiative, the browser firm has added support for nine major blockchain ecosystems.

After integrating Bitcoin (BTC), Solana (SOL), Polygon (MATIC), StarkEx, Ronin (RON), Celo (CELO), Nervos Network (CKB), and IXO on March 30, the firm has now added support for the BNB chain.

This latest integration with BNB would enable Opera’s over 350 million users to buy Binance’s BNB token with fiat and send and receive the token through Opera’s built-in crypto wallet.

The move aimed at industry expansion and adoption will also let Opera users gain access DApps on the BNB Chain ecosystem.

Some of the top DApps on the BNB Chain include decentralized exchanges (DEXs) like PancakeSwap, 1inch, BiSwap, and DeFi products like DRIP Venus, Tranchess, Treehouse, ApeSwap, and AutoShark Finance.

On its way to becoming the leading Web3 browser?

Opera launched its first web browser with an integrated cryptocurrency wallet and essential Web3 support back in 2018. Now, the firm is focusing more on providing users with a dedicated Web3 browser to “accelerate the evolution of the next generation of the web.”

As of April 2022, BNB Chain was the largest smart contract blockchain in terms of daily active users (DAU). Thus, the integration aims to further the organizations’ narratives in the Web3 adoption.

Opera’s Crypto Browser launched in January facilitates navigation across DApps, games, and metaverses. Through various strategic partnerships, Opera apparently aims to become the leading Web3 browser. However, amid competition from Web3 browsers like Brave, how much market Opera could cover in the future remains to be seen.