You can back up your Binance Web3 Wallet key-share via a QR code. This method backs up your key-share to Greenfield, a decentralized cloud service. You can then use the QR code to access your key-share.
Yes, the QR code backup is secure. In the unfortunate event that your QR code is leaked, the hacker would have to get hold of both your recovery password and Binance account to access your Web3 Wallet.
1. Log in to your Binance app and go to your Web3 Wallet. Tap [Back Up Now].
2. Choose [Back up with QR code].
3. Set up a recovery password.The recovery password is used to encrypt your key-share. Please store it in a secure location and do not share it with anyone. In the unfortunate case that you lose or forget your recovery password, Binance won’t be able to restore it for you, which means you will lose access to the key-share backup and your Web3 Wallet.
4. Read the safety tips carefully. Check each box before tapping [Continue].
5. Your backup will begin. Do not leave this page during the backup.
6. You’ll see the backup QR code once your key-share is successfully backed up. Tap [Save] to save it in a secure location. Then, tap [Continue] to proceed.
7. You’ll be asked to verify the backup. Tap [Continue], scan the backup QR code and enter your recovery password.
8. You’ve successfully backed up your key-share via QR code.
You can also back up your Web3 Wallet with your cloud storage. Please visit Why Do I Need to Backup My Binance Web3 Wallet and How to Do It? for a complete step-by-step guide.
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Disclaimer: Binance Web3 Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Web3 Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Web3 Wallet Terms of Use and always do your own research.