🍉What is Binance Web3 Wallet?
Binance Web3 Wallet is a self-custody cryptocurrency wallet integrated directly into the Binance app. The wallet allows users to self-custody their cryptocurrency, perform cross-chain token swaps, earn yield, and interact with multiple blockchain platforms.
Binance Web3 Wallet uses MPC technology, creating 3 independent key-shares and stored in different locations, including devices and cloud storage. This eliminates the traditional method of storing seed phrases in one location, reducing the risk of compromise and loss to users.
In addition, to emphasize user control and commitment to self-management, the wallet also provides an “Emergency Export” function, allowing users to export their keys in necessary cases.
Advantages of Binance Web3 Wallet
Binance Web3 Wallet has the following advantages:
Simple: Binance Web3 Wallet allows users to quickly create wallets directly on the Binance app without having to store seed phrases or private keys.
Convenience: Binance Web3 Wallet is integrated with Binance Bridge and other providers, allowing users to swap tokens between different chains easily and at better prices.
Security: Binance Web3 Wallet uses MPC technology
Self-management
24/7 customer service
🍓Main features of binance web3
Transfer money
Swap swap
Earn
Dapps: #pancakeswap #Lido
🐵Official link:
https://www.binance.com/en/web3wallet
