🎓Lesson 12: Using the Binance Web3 Wallet
Powered by NianNian Academy – Learn Web3 the meowgical way! ✨
1. What is Binance Web3 Wallet? 🎓
Binance Web3 Wallet is a self-custody crypto wallet built into the Binance app.
It allows users to interact with dApps, swap tokens across multiple chains, and manage their crypto assets securely.
→ Your Web3 gateway – right in your pocket! 🔐
2. Benefits of Using Binance Web3 Wallet
- Easy setup within the Binance App
- Cross-chain swaps – no bridge needed
- MPC security (Multi-Party Computation)
- No seed phrase required
- dApp access in one tap
- 24/7 Binance support
3. How to Use the Binance Web3 Wallet
3.1 Create a Wallet
- Open the Binance app
- Go to [Wallet] → choose [Web3]
- Tap [Create Wallet] → Set your recovery password
→ Meowgic wallet ready! 🪄
3.2 Back Up & Restore Your Wallet
- Wallet uses 3 key-shares (MPC):
1 on your device, 1 on your cloud, 1 on Binance
- Restore anytime by logging in + entering recovery password
→ Always back up your wallet! 💾
4. Emergency Export Feature 🚨
Use Emergency Export to extract your private key when needed:
- Go to [Settings] → [Emergency Export]
- Enter your recovery password
- Copy your private key & store it offline
⚠️ After exporting, your Web3 Wallet becomes inaccessible!
5. Send & Receive Tokens
- Tap [Send] or [Receive]
- Choose token + network
- Paste address → Enter amount → Confirm Double-check networks to avoid losing assets!
6. FAQs 🎓
❓ Is there a gas fee?
→ Yes, it varies by blockchain
❓ Can I import MetaMask or Trust Wallet?
→ No, Binance Web3 Wallet doesn’t support external imports
❓ What if I forget the recovery password?
→ You might lose access. Always back it up!
❓ Can I use it on multiple devices?
→ Only 1 device at a time is supported