Résumé

  • Binance Web3 Wallet is an innovative wallet for digital assets that combines convenience, security and utility.

  • The wallet offers increased security through Multi-Party Computing (MPC) technology and a simplified user experience with access to Binance Bridge and other service providers, facilitating token swaps across different blockchain networks.

  • Users can explore the world of decentralized finance (DeFi) and decentralized applications (DApps) while benefiting from dedicated 24/7 customer support.

What is Binance Web3 Wallet?

Binance Web3 Wallet, an integral part of the Binance app, is a user-focused cryptocurrency wallet that allows them to work in the field of decentralized finance (DeFi).

Through Binance's Web3 Wallet, users can easily access the world of blockchain and decentralized applications (DApps). The wallet offers users a secure and efficient way to manage their digital assets, perform token swaps across different blockchain networks, earn returns and much more.

How does it work?

Binance Web3 Wallet uses MPC (multi-party computing) technology, an enhanced cryptographic security system that eliminates the need to store your private keys in one place. The wallet uses multi-party computation to create three “key shards,” which are stored separately in your Web3 Wallet, the cloud, and your device. Fragments are also protected by your recovery password, which only you know.

Main features of Binance Web3 Wallet

Ease of use

You can create a Binance Web3 Wallet in just a few seconds via the Binance app. Unlike other crypto wallets, with the Binance Web3 Wallet setup, you don't have to worry about recovery phrases or private keys, making it much easier to use.

Ergonomics

Seamlessly connected to Binance Bridge and other service providers, Binance Web3 Wallet facilitates token swaps across different blockchain networks while ensuring the best rates and prices. Users can also explore DApps and generate returns in just a few clicks.

Security

Binance Web3 Wallet offers important security features, including protection against incorrect addresses and identification of potentially malicious smart contracts. When transacting, the wallet alerts users when a token or blockchain poses a potential security risk. Additionally, each transaction is controlled by Multi-Party Computing (MPC) technology, reducing the risk of single points of failure and ensuring the security of your assets.

Autonomous guard

Encrypted by three “key fragments” and a recovery password exclusively known to the user, this Web3 wallet allows complete autonomy over your assets.

Service client

Users can count on 24/7 customer support to ensure a safe and smooth experience.

How to use Binance Web3 Wallet?

1. Log in to your Binance account in the Binance app and navigate to [Wallets].

2. Next, tap [Web3] and [Create Wallet] to get started.

3. Please note that before you can start using Binance Web3 Wallet, you will need to back it up and set a recovery password.

How to backup your Binance Web3 Wallet?

1. On the initial Web3 Wallet page, tap [Back up now].

2. Link the Binance app to your cloud storage account (iCloud or Google Drive).

3. Set a backup password and keep it safe. Binance cannot access or reset this password, so make sure you don't lose it.

4. Back up your key to your cloud.

5. You're done. Your wallet is ready to use.

You can easily transfer funds directly from your Binance Spot Wallet and Funding Wallet to your Binance Web3 Wallet.

For more information

  • What is Web3 and why is it important?

  • How to send and receive tokens on Binance Web3 Wallet?

Disclaimer: Binance Web3 Wallet is an optional product. It is your responsibility to determine whether this product is right for you. Binance is not responsible for your access to or use of third-party applications (including features integrated into Binance's Web3 Wallet) and has no liability with respect to your use of such third-party applications, including including, but not limited to, transactions that are the subject of a dispute by you. Please read the Binance Web3 Wallet Terms of Service carefully and always do your own research.