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How to Manage My Binance Wallet?
2023-10-25 07:17
Binance Wallet is a self-custody crypto wallet within the Binance app, designed to empower users in the realm of decentralized finance (DeFi). Serving as a digital gateway to blockchain-based applications (dApps), it offers users a secure and streamlined method to manage their cryptocurrencies, execute token swaps across multiple chains, earn yields, and interact with a variety of blockchain platforms.
1. How to create a Binance Wallet?
Log in to your Binance app and tap [Wallets]. Go to [Web3]. Tap [Create Wallet] to start using your Binance Wallet.
2. How to back up my Binance Wallet?
Before you can start using Binance Wallet, you need to back up your wallet first. For more details, please visit:
If you switch to a new device, you need to restore your Binance Wallet on the new device to continue accessing your assets.
1. Log in to your Binance app on your new device and tap [Wallet]. Go to [Web3].
2. Tap [Restore Wallet] and choose to restore from iCloud or QR code. Please make sure that you've enabled your Binance app to access your cloud storage.
3. Enter your recovery password. Tap [Continue] and your wallet will be restored.
4. What is Emergency Export and how to use it?
The Binance Wallet offers a unique 'Emergency Export' feature. This innovative tool lets users regain access to their assets independently without the need to engage with their Binance account. During emergency situations demanding access recovery, users must present two out of three key-shares: either a device, a cloud backup, or a Binance account login. Once activated, you can retrieve the private keys of your Binance Wallet and the cloud backup will become invalid. Please note that this action cannot be undone, and the wallet will no longer be eligible for Binance Web3 airdrop rewards.
1. Tap the [Wallet] icon on the Wallet page, and select the wallet you wish to export.
2. Choose [Emergency Export].
3. Read the notes carefully. If you wish to proceed, tap [Export Private Keys].
4. You’ll be prompted to confirm again. Please note that once you proceed with Emergency Export, your Binance Wallet will no longer be accessible once the export is complete. This action cannot be undone.
To proceed, tap [Confirm Emergency Export].
5. Enter your recovery password to verify your cloud backup.
6. You‘ll see a list of your wallet's private keys. Please note that your current Binance Wallet will soon be inaccessible. To prevent asset loss, we advise you to promptly save your private keys in a secure, offline location. Tap [Copy All Private Keys], write down the private keys and store them in a secure place. After securing the keys, you can tap [Erase and Leave].
7. Confirm that you’ve copied the keys. Please note that once you tap [Confirm to Erase], all private keys will be deleted permanently. This action cannot be undone.
8. Your existing Binance Wallet will become unavailable.
After your Binance Wallet becomes unavailable, you can create a new Binance Wallet.
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.
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