Many people wonder how to create a web3 wallet, see how easy it is:

Binance

  1. Access the Binance App: Log in to your Binance account.

  2. Create Web3 Wallet:

    • Go to the [Wallets] section.

• Select the [Web3] tab and tap [Create Wallet].

• Follow the instructions to set up your wallet. Binance uses Multi-Party Computation (MPC) technology, which eliminates the need for recovery phrases or private keys.

3. Use the Wallet:

• To send tokens: Tap [Send], select the assets, and enter the recipient address.

• To receive tokens: Tap [Receive], choose the token and network, and share the receiving address1.

Coinbase

  1. Access the Coinbase App: Log in to your Coinbase account.

  2. Create Wallet:

• Go to the wallets section and select the option to create a new wallet.

• Follow the instructions provided to set up the wallet.

3. Use the Wallet:

• To send cryptocurrencies: Go to the portfolio section, select the coin you want to send, enter the destination wallet address and confirm the transaction.

Where to Use to Make Profits

  • DeFi (Decentralized Finance): Use your wallet to access DeFi platforms where you can lend, borrow, and earn interest on your cryptocurrencies.

  • Staking: Participate in staking programs to earn rewards for holding certain cryptocurrencies.

  • Trading: Use your wallet to trade cryptocurrencies on decentralized exchanges (DEXs).

  • NFTs: Buy, sell, and trade NFTs on Web3-compatible marketplaces.

These wallets offer a safe and efficient way to manage your digital assets and explore various opportunities in the world of cryptocurrencies.