In recent months, Binance has taken bold steps to deepen its integration with the Web3 stack by embracing WalletConnect and its native token $WCT (#WalletConnect). This move underlines Binance’s commitment to fostering frictionless wallet-to-dApp connectivity, while offering new opportunities for users through staking, token listing, and DeFi services.
The Power of WalletConnect
WalletConnect is a protocol designed to bridge crypto wallets and decentralized applications (dApps) in a secure, seamless way. Rather than relying on browser extensions or manual address input, WalletConnect allows users to link their wallets with dApps via QR codes or deep links. Through encryption and session control, users maintain custody of their private keys at all times.
At the core of this ecosystem is WCT, the utility and governance token of the WalletConnect Network. WCT empowers users to stake, vote on protocol updates, and receive rewards.
Binance’s Strategic Integration of WCT
Binance’s integration with WalletConnect has unfolded in a phased, strategic manner:
1. Launchpool & Farming
On April 10, 2025, Binance announced that WCT would be the 67th project on its Launchpool platform. Users could lock BNB, FDUSD, or USDC across several days to farm WCT rewards.
A total of 40 million WCT (4% of total supply) was allocated to the Launchpool reward pools.
2. Token Listing & Trading Launch
Following the farming period, Binance officially listed WCT on April 15, 2025, launching spot pairs such as WCT/USDT, WCT/USDC, WCT/BNB, WCT/FDUSD, and WCT/TRY.
From the listing time, “Buy Crypto,” “Convert,” margin trading, and futures (USDⓈ-M WCT perpetual) support were rolled out. The WCT perpetual contract offers up to 75× leverage.
3. Network & Deposit Integration
Binance completed integration for WCT deposits and withdrawals on Ethereum on May 30, 2025.
Concurrently, Binance officially supports $WCT via WalletConnect—users can connect to wallets using WalletConnect while transacting in the WCT ecosystem.
Why This Matters for Binance Users
Broader Access to Web3: With WalletConnect integration, Binance users can more comfortably interact with dApps, DeFi platforms, and cross-chain systems without leaving the Binance ecosystem.
Staking & Rewards: WCT staking and governance participation open up new yield-earning and governance pathways for token holders.
Diversified Trading Options: Binance’s support for spot, margin, and futures trading on WCT gives users flexibility to trade based on their risk appetite.
Ecosystem Synergy: As WalletConnect extends across dozens of chains and hundreds of dApps, Binance becomes a significant node in the Web3 connectivity layer.
Outlook & Considerations
While the integration is promising, users should be mindful of potential volatility—newly listed tokens often experience sharp price swings. In addition, as the WCT ecosystem and node infrastructure expand, network governance and operational resilience will be critical.
Overall, Binance’s embrace of WalletConnect and $WCT marks a meaningful step forward for on-chain usability. It bridges centralized exchange power with decentralized infrastructure, offering users richer access to the decentralized digital
economy.
