1. Simple: Create a wallet in seconds using your Binance app without having to worry about seed phrases or private keys.
2. Convenient: With integration to Binance Bridge and other providers, Web3 Wallet fosters easy cross-blockchain token swaps at better prices. You can explore dApps and generate yield effortlessly with a single tap.
3. Secure: MPC (Multi-Party Computation) technology governs every transaction and mitigates single points of failure to ensure that your assets are SAFU. Additional enhanced security features, such as wrong address protection and malicious contract detection, etc. will notify you if a token or blockchain carries a security risk at the time of the transaction.
4. Self-custody: Binance Web3 Wallet utilizes a sophisticated security mechanism that produces three independent key-shares, individually stored in locations including your personal cloud and device. To gain access to your Web3 Wallet, a minimum of two key-shares is required. This mechanism promises complete user control over their wallet.