The Binance Wallet is a self-custody cryptocurrency wallet integrated into the Binance app, designed to empower users in decentralized finance (DeFi). A true digital gateway to blockchain-based applications (dApps), it provides users with a secure and streamlined way to manage their cryptocurrencies, execute token swaps across multiple blockchains, earn yields, and interact with various blockchain platforms. @WalletConnect
1. Simple: create a wallet in seconds from your Binance app, without having to worry about mnemonic phrases or private keys.
2. Convenient: by integrating Binance Bridge and other providers, the Binance Wallet facilitates token swaps between different blockchains at more favorable prices. You can discover dApps and generate yield effortlessly with just one click.
3. Secure: MPC (multi-party computation) technology governs every transaction and limits single points of failure to ensure your assets are safe. Additional enhanced security features, such as protection against erroneous addresses and malicious contract detection, will inform you if a token or blockchain poses a security risk at the time of the transaction.
4. Self-custody: the Binance Wallet uses a sophisticated security mechanism that produces three independent key fragments, stored individually in places such as your personal cloud and your device. You must have at least two key fragments to access your Binance Wallet. This mechanism promises users complete control over their wallet.
