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Main TakeawaysThe decentralized internet, or Web3, offers a transformative approach, giving power back to users and prioritizing decentralized interactions. At the heart of this shift is the crypto wallet, which acts as a way to access Web3.Binance's Web3 Wallet stands out for its simplicity, convenience and security. The wallet eliminates tricky seed phrases, provides the best options to swap tokens and earn yields, and features a curated list of decentralized applications.Integrated directly within the Binance app, users can activate their Web3 Wallet and transition between CeFi and DeFi with a single tap, breaking down barriers to entry for the Web3 ecosystem. Users can also rest easy with cutting-edge multi-party computation (MPC) tech securing their Web3 Wallet, and its contents, alongside full user control (self-custody) of assets, all boosted by 24/7 customer support.Everything you need to know about Binance Web3 Wallet: your user-friendly and secure way into the opportunities and innovations of the decentralized web.Cryptocurrencies and blockchain are transforming the digital world, setting the stage for a new future, including the promise of Web3 — an internet where decentralization reigns, restoring power to individuals over centralized platforms, and where users control their data, assets, and online experiences. Recognizing the challenge Web3 can present to those unfamiliar with it, we’re proud to launch the Binance Web3 Wallet. Created to bring the next billion people to Web3, our wallet simplifies this potentially complex terrain. Whether you're a crypto novice or a decentralized web aficionado, our wallet isn’t just for self-custody and secure storage — it's your personalized gateway to Web3. Think of it as your entry ticket to access and engage with this next-generation internet. Dive into this groundbreaking evolution with us and witness the future unfold.Binance Web3 Wallet: Your World of Web3Meet the Binance Web3 Wallet: a tool designed to provide users with unparalleled simplicity, convenience, and security. Now everyone can explore the decentralized future with confidence and ease. Welcome to the world of Web3.1. Unparalleled Simplicity: Gone are the days of intricate setups. With Binance's Web3 Wallet, you can create your wallet within mere seconds using the Binance app. What sets it apart? The elimination of the often-tricky seed phrase (a series of 12 words that represent the master key to a standard crypto wallet), but without losing the benefits of security and self-custody. Dive straight into Web3 without any fuss.2. All-In-One Convenience: A realm of features at your fingertips. Seamlessly move funds between your Binance Exchange account and your Web3 wallet. Swap thousands of tokens, across various networks, and always at a great price. A curated collection of decentralized applications also awaits your discovery. Dive into NFTs, or explore ways to earn yield on your assets. All this without ever exiting your wallet.3. Robust Security: Rest easy with cutting-edge multi-party computation (MPC) tech securing your wallet, and its contents. This security technique creates three separately stored ‘key-shares’ instead of a single seed phrase (or master key). For enhanced security, the three key-shares are each stored in different places, including your personal cloud storage and your own device. Say goodbye to a single point of failure! Want to learn more about how MPC works? Dive deeper into our dedicated MPC blog.Unpacking Other Features and Benefits Aside from the simplicity, convenience and security, as outlined above, Binance Web3 Wallet boasts a number of specific features that sets it apart. Let’s unpack what you can expect once you set up your wallet and start using it.Swap at optimal ratesOne of the standout features is the wallet’s integration with Binance Bridge — enabling the transfer of assets between different chains — alongside access to decentralized exchange services. Swap tokens across multiple chains at great prices. No more hopping between platforms or compromising on value. Opportunities to earnBinance Web3 Wallet isn’t just for swapping and spending. Explore various avenues within the wallet to earn yields on your holdings, be it through staking, lending, or other innovative financial instruments. Don’t let your crypto sit idle. Uncover opportunities to put your digital assets to work, and optimize your holdings.Self-custody With Binance Web3 Wallet, you're in sole charge of your assets. It empowers you with a self-custody model, ensuring only you have exclusive access to your funds, and are fully in control of your wallet. Please note this means if you forget your password and lose access to your device (or delete the Binance app), you won’t be able to access your wallet or its contents. There is no way for Binance to access or restore it for you.Curated selection of dAppsBinance has handpicked some of the most reputable and innovative dApps. This minimizes the risk of stumbling upon malicious or subpar dApps, ensuring that users can seamlessly harness the best of what Web3 has to offer.In-built risk controlsThe wallet isn't just about storing and transacting; it’s also about safeguarding. Binance Web3 Wallet comes equipped with alerts that notify users of potential security risks, be it dubious addresses or malicious contract activities.CeFi and DeFi harmonizedCentralized finance (CeFi) and decentralized finance (DeFi) have their respective merits. Binance Web3 Wallet bridges the gap. Users can effortlessly toggle between CeFi and DeFi, ensuring they are never restricted by the boundaries of one or the other. It's the best of both worlds, unified under one roof. Customer serviceBinance Web3 Wallet was built to make Web3 as easy as possible. As part of the service all users are able to access Binance’s 24/7 customer support to ensure a seamless experience, or get support with anything they’re unsure of — unlike most Web3 Wallets this one comes with the added bonus of someone you can turn to. Web3 Is Easier With BinanceBlockchain technology has witnessed exponential growth and innovation over the past decade. A key part of this evolution is Web3, the decentralized internet, which promises to reshape the way we interact online, shifting power from centralized entities back to individual users. Integral to this transformation is a seemingly humble tool: the crypto wallet. Think of it as a foundational block; a catalyst of change. And so Binance Web3 Wallet is more than just a place to keep crypto — it's your way in to the world of Web3. With its user-friendly features and top-tier security, the wallet ensures that both newcomers and experienced enthusiasts can navigate the decentralized realm with confidence and ease. So, set up your wallet, transact, swap, earn, and explore the endless opportunities of Web3 available to you. Further ReadingWhat Is Binance Web3 Wallet and How Does It Work?How to Manage My Binance Web3 WalletWhy Do I Need to Backup My Binance Web3 Wallet and How to Do It?Disclaimer: Binance Web3 Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Web3 Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Web3 Wallet Terms of Use and always do your own research.

Main TakeawaysBinance has a comprehensive procedure to assist users in recovering funds lost due to incorrect deposits. Although the recovery is not guaranteed, there are many cases where users are able to reclaim their crypto successfully.When depositing assets on Binance, users should verify supported tokens, network status, and deposit addresses to prevent issues.Binance offers various types of deposit retrieval services, including the BNB Pioneer Burn Program. This article describes each service type in more detail, along with their respective processing times, fees, and expected outcomes.At Binance, safeguarding user assets is our top priority. We strive to provide an easy-to-use platform, but we understand that mistakes happen – particularly when depositing funds to your Binance account.We understand the frustrations that can arise when deposits go missing or encounter issues during the deposit process. That is why we have implemented thorough procedures to assist our users in recovering lost assets. Through our skilled technical team, reliable support, and user-friendly interface, we've successfully prioritized addressing users' concerns and delivering solutions promptly. Each month, we process approximately 4,000 retrieval applications, restoring roughly 7 million USDT in value.This article provides an overview of our recovery process, rules, and helpful tips for retrieving funds if there's an issue during the deposit.Self-Custodian Wallet vs. Platform WalletWhen you deposit assets into your Binance account, your funds are directed to a unique "deposit address" that Binance manages for you. Your Binance deposit address is distinct from addresses in self-custodial wallets like Trust Wallet, Metamask, etc. In a self-custodial wallet, users hold their wallet's private keys, thus fully controlling their funds. However, when you deposit funds on a centralized platform like Binance, we manage the wallets and deposited funds on your behalf. For more information, please check out How and Why Assets Move Between Binance Wallets on deposit addresses.Therefore, reclaiming assets sent to an incorrect address requires a vastly different approach when dealing with a centralized exchange.How to Deposit CorrectlyPrevention is better than cure. Therefore, it is advisable to check the supported tokens and networks before making any deposit of unlisted tokens to prevent any loss of assets. 1. You can also go to the Deposit & Withdrawal Status page to check if the deposit network status is normal. If you deposit to a suspended network, your tokens will not be credited immediately. Do note that if you cannot find the tokens here, it means that the token is not supported on Binance.2. Click “Normal” and you will be redirected to the Deposit Crypto page. Please note that only supported networks on Binance platform are shown. If you deposit via another network, your assets might be lost. 3. Check the deposit address and memo/tag (if required). You can also check the token’s contract address to make sure that the one you are depositing will be credited correctly.For more details, please check out How to Deposit Crypto to Binance.Types of Deposit Retrieval and How to Retrieve Lost FundsIf your deposited funds do not reflect in your Binance account, you can request self-service recovery. Please note the recovery process is manual. Our dedicated team meticulously examines each application to assess the feasibility of recovery.As a leading cryptocurrency exchange, we pride ourselves on providing diverse recovery support. We facilitate retrievals from failed and missing-memo deposits to the BNB Pioneer Burn Program. Leveraging advanced technology and best industry practices, we strive to keep your assets secure and ensure an efficient recovery process.The table below provides:An overview of potential scenarios for incorrect deposits.The projected wait time for our assistance in recovering your funds.The expected fees associated with the process.The outcome you can anticipate upon resolution (refund or credit).Types of Deposit RetrievalETA*Fee*Refund/CreditDeposit without or wrong MEMO2-3 days5*Network withdrawal feeRefundDeposit old/delisted tokens2-3 daysNetwork withdrawal feeRefundDeposit not credited2-3 daysFreeCreditDeposit to hot wallet 2-3 daysFreeRefund Smart retrieval14 days5 BUSDRefundDeposit unlisted tokens on supported networks 14 days200 BUSDRefund Deposit unlisted tokens on unsupported EVM networks 30 days200 BUSDRefund BNB Pioneer Burn30 days 200 BUSDRefundCross address deposit 30 days500 BUSDRefund/CreditPlease note that successful recovery of funds is not guaranteed, and not all deposits can be retrieved due to factors such as development resources, manpower, and technical complexities. This table does not represent a binding commitment from Binance to recover your funds in every circumstance. Ultimately, you are responsible for your funds, and it's essential to thoroughly understand our services before using them.Disclaimer: This table only contains general information, and certain retrieval processes may take longer than stated. Various factors can extend the duration, including the type of unsupported tokens and the complexity of their recovery. Fees are subject to change and not fixed. They may vary in accordance with changing market conditions, operational costs, and technological advancements.Different Types of Deposit RetrievalBelow are examples of situations where incorrect deposits may occur.Deposit memo missing or incorrectA tag or memo is a unique identifier assigned to each account to ensure a deposit is credited into the appropriate account. When depositing specific cryptocurrencies, such as BNB, XEM, XLM, XRP, KAVA, ATOM, BAND, EOS, etc., it's essential to input the corresponding tag or memo to ensure a successful transaction.For more information, refer to How to Retrieve Crypto Deposit with Wrong or Missing Tag/MemoDeposit old or delisted tokensPeriodically, we rigorously evaluate each digital asset listed on our platform to ensure it continues to meet the high standards we have set. Should a coin or token fail to maintain these standards, or if the industry landscape changes, we conduct a thorough reassessment and may opt to delist it. We believe this approach better safeguards all our users. Be careful not to deposit delisted tokens to your Binance account. You can find more information on our delisting announcements page.Deposit not creditedDespite correctly entering all details required for deposit (i.e., the token, network, and address), some cryptocurrency deposits may not appear in your account as expected. This delay might result from high traffic on certain blockchain networks, causing congestion and, hence, slower processing times. Moreover, we sometimes employ extra security measures to guarantee the transaction's correctness. Should your deposit still not be reflected in your account after a considerable period, we kindly request you to contact our customer support for further assistance.Deposit to hot walletWhen you make a deposit to Binance, you send your tokens to a specific deposit address. These tokens are then moved to one of our hot wallets, as with most exchanges. However, note that when you make withdrawals, the sending address won’t be the same as the deposit address you used before, but rather one of our hot wallets. When making deposits, be careful not to send assets to the hot wallet withdrawal address. Follow the deposit instructions and double-check the deposit address to avoid problems.Depositing unlisted tokens on supported networksIf you deposit a token that isn't supported by our platform, it won't appear in your wallet. For a comprehensive list of tokens and networks supported, please visit https://www.binance.com/en/network.Deposit unlisted tokens on unsupported EVM networksEVM (Ethereum Virtual Machine) is a pivotal component of the crypto ecosystem. Recognizing this, we have extended our expertise and positioned ourselves as a frontrunner in providing EVM retrieval solutions. Current supported EVM-compatible networks are OKC, KCC, and CRONOS (more networks will be supported in the future).Cross-address depositA cross-chain deposit refers to the process of transferring tokens from one blockchain address format to another blockchain address format. For example, sending DOGE tokens to a DGB deposit address. Please be informed that such retrievals are evaluated on a case-by-case basis. There is no guarantee of successful retrieval.Smart retrievalBinance continually works towards improving efficiency and shortening recovery times through innovative measures. With the Smart Retrieval process, we cater to specific tokens via MATIC, TRX, BSC, FTM, ETH, HT networks (and more to come). With this process, users can enjoy reduced recovery time (up to 14 working days), while paying 5 BUSD. In case you deposit an unsupported token to any of these networks and notice a 'retrieve now' button in your recent transaction record, simply click on it to initiate the return of your funds.BNB Pioneer Burn ProgramBinance has launched the BNB Pioneer Burn Program. This initiative is aimed at assisting eligible users who have inadvertently lost tokens while utilizing the BNB Smart Chain. As part of the BNB Pioneer Burn Program, Binance will compensate users for their losses in accepted cases, accounting for the lost tokens in our quarterly BNB token burn activities.