What is the Binance Wallet and how does it work?

2023-10-25 04:18

The Binance Web3 is a self-custody crypto wallet within the Binance app, designed to empower users in mastering decentralized finance (DeFi). Serving as a digital portal for blockchain-based applications (dApps), it provides users with a secure and simplified method to manage their cryptocurrencies, execute token swaps across various blockchains, earn yields, and interact with a variety of blockchain platforms.

1. Simple: create a wallet in seconds using your Binance app, without worrying about secret phrases or private keys.

2. Convenient: with integration from Binance Bridge and other providers, the Binance Wallet facilitates easy token swaps between blockchains at better prices. You can explore dApps and generate yield effortlessly with a single tap.