#USNationalDebt 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 trade 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 perform 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.