Create your Wallet 🚀
What is a Keyless Wallet?❓
➡️Binance Keyless Wallet employs Multi-Party Computation (MPC) to create three key-shares, which are then stored in different locations for added security. These locations include your cloud storage and your device. Additionally, you're mandated to secure these key-shares by encrypting them with a recovery password that's solely known to you, or when using the Quick Back-up feature, you can use face ID detection instead of a recovery password.
➡️Binance Wallet is a self-custody crypto wallet within the Binance app, designed to empower users in the realm of decentralized finance (DeFi). Serving as a digital gateway to blockchain-based applications (dApps), it offers users a secure and streamlined method to manage their cryptocurrencies, execute token swaps across multiple chains, earn yields, and interact with a variety of blockchain platforms.
1. Simple: Create a wallet in seconds using your Binance app without having to worry about seed phrases or private keys.🔧
2. Convenient: With integration to Binance Bridge and other providers, Binance Wallet fosters easy cross-blockchain token swaps at better prices. You can explore dApps and generate yield effortlessly with a single tap.👍
3. Secure: MPC (Multi-Party Computation) technology governs every transaction and mitigates single points of failure to ensure that your assets are safe. Additional enhanced security features, such as wrong address protection and malicious contract detection, etc. will notify you if a token or blockchain carries a security risk at the time of the transaction.🌎
4. Self-custody: Binance Wallet utilizes a sophisticated security mechanism that produces three independent key-shares, individually stored in locations including your personal cloud and device. To gain access to your Binance Wallet, a minimum of two key-shares is required. This mechanism promises complete user control over their wallet.🤝
5. 24/7 customer service: You can access our 24/7 customer support for a seamless user experience.💬