Binance rolls out Binance Web3 Wallet
Binance today announced the launch of Binance Web3 Wallet — a self-custodial crypto wallet integrated within the Binance App.
Developed with a commitment to innovation, security, and a seamless user experience, this user-friendly gateway serves as a bridge between the Exchange and Web3, enabling users to interact with multiple blockchains, trade thousands of tokens, earn yield, and explore a selection of the best decentralized applications (dApps) all in one wallet.
Highlights of the Binance Web3 Wallet include:
- Optimal Cross-Chain Token Swaps: Leverage the power of Binance Bridge and other leading decentralized exchanges (DEXs) to trade a vast array of tokens across various networks, while enjoying deep liquidity and minimum slippage.
- Effortless Transfers: Complete swift and streamlined transfers between the Exchange and your Binance Web3 Wallet, and move across Centralized Finance (CeFi), Decentralized Finance (DeFi), and Web3 platforms seamlessly.
- Enhanced Security: Binance Web3 Wallet uses state-of-the-art Multi-Party Computation (MPC) technology to create three separately stored “key shares”, eliminating a single point of failure.
- In-built Risk Alerts: Receive alerts on any potential security risks associated with tokens or blockchains via Binance Web3 Wallet.
To get started with Binance Web3 Wallet, log in to your Binance App, and tap on the [Wallets] tab. Click [Web3], and select [Create Wallet] to start using your Binance Web3 Wallet.