Explore the components of my portfolio. Follow me to see how I invest! The Binance wallet is a tool within the Binance platform that allows users to manage their cryptocurrencies and access various decentralized finance (DeFi) functions. The Binance wallet enables users to buy, sell, and exchange cryptocurrencies, as well as interact with decentralized applications (dApps) and earn yield on their assets.

Types of wallets on Binance:

Spot Wallet:

It is the main space to manage cryptocurrencies and carry out buy/sell operations at the current market price.

Web3 Wallet:

A self-custody wallet that allows users to interact with dApps and different blockchains, using MPC technology for security.