โผ๏ธ ๐ฅLAUNCH OF BINANCE WEB3 DONE๐ฅ
Binance has announced the launch of their Web3 Wallet which is a secure & self-custodial crypto wallet blended within the Binance App.
โญIt is developed with a commitment to innovation, security, and a seamless user experience which serves Users a bridge between the Exchange and Web3.
โญUsers can interact with multiple blockchains, trade lots of tokens, earn yield, and explore a selection of the best dApps all in one wallet.
โโWhat Binance Web3 Wallet Entails:
โ Optimal Cross-Chain Token Swaps: Leverage the power of Binance Bridge and other leading DEXs to trade a vast array of tokens across various networks.
โ Effortless Transfers: Complete swift and streamlined transfers between the Exchange and your Binance Web3 Wallet, and move across Centralized Finance (CeFi), Decentralized Finance (DeFi), and Web3 platforms seamlessly.
โ Enhanced Security: Binance Web3 Wallet uses state-of-the-art Multi-Party Computation (MPC) technology to create three separately stored โkey sharesโ, eliminating a single point of failure.
โ In-built Risk Alerts: Receive alerts on any potential security risks associated with tokens or blockchains via Binance Web3 Wallet.
โฌHow to Get Started with Binance Web3 Walletโฌ
๐ธLog in to your Binance App, and tap on the [Wallets] tab.
๐ธClick [Web3], and select [Create Wallet] to start using your Binance Web3 Wallet.
By offering a simple, convenient and secure tool to interact with Web3, Binance is aiming to break down barriers to entry for the ecosystem, ensuring that users can access and benefit from the full potential of this transformative digital landscape.