What is the DIFFERENCE between Binance and Binance Wallet?
🔹 Binance
It is the cryptocurrency broker (exchange).
Functions as a marketplace where you can buy, sell, trade, and withdraw crypto and reais.
Has various services beyond trading: staking, launchpool, futures, P2P, among others.
When you leave the cryptos inside Binance, they are under the custody of the broker (not 100% in your hands).
🔹 Binance Wallet (Binance Web3 Wallet)
It is the decentralized wallet integrated with the broker.
Created for you to have full control of the private keys (that is, you really own your coins).
It is the cryptocurrency broker (exchange).
Functions as a marketplace where you can buy, sell, trade, and withdraw crypto and reais.
Has various services beyond trading: staking, launchpool, futures, P2P, among others.
When you leave the cryptos inside Binance, they are under the custody of the broker (not 100% in your hands).
🔹 Binance Wallet (Binance Web3 Wallet)
It is the decentralized wallet integrated with the broker.
Created for you to have full control of the private keys (that is, you really own your coins).
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