Binance Web3 Wallet’s New Features

2024-01-05

Main Takeaways

  • Binance Web3 Wallet introduces new chains, plus enhanced swap options, including access to 29 DEXs and 15 bridges.

  • The wallet also now has 19 newly integrated dApps, offering expanded access to an array of services in DeFi, gaming, and beyond.

  • Enjoy a refined and streamlined UI experience thanks to revamped Home and Swap pages.

As we continue to navigate the evolving landscape of crypto and blockchain, we’re excited to announce a host of new features and updates for our Web3 Wallet, designed to broaden your access to the decentralized web, and enrich your experience with improved functionality.

Before diving into the latest updates, let’s briefly revisit what the Binance Web3 Wallet offers.

As a crucial tool in the decentralized finance (DeFi) ecosystem, the wallet serves as your secure and user-friendly gateway to the world of Web3. It's designed to manage digital assets seamlessly, enabling you to interact with a broad range of decentralized applications, participate in token swaps across various blockchain networks, and explore the expanding universe of DeFi. 

With that in mind, we’re thrilled to introduce our latest series of updates and new features!

1. Greater Access to DEXs and Bridges

We’re excited to announce a significant update to Binance Web3 Wallet’s Swap feature, which allows users to exchange one cryptocurrency for another directly within the wallet interface.

This convenient tool is essential for users looking to diversify their portfolio, take advantage of market opportunities, or simply manage their assets more effectively. The Swap function now includes support for a much broader array of decentralized exchanges (DEXs) and bridges .

The wallet’s expanded offerings now include an impressive selection of 29 DEXs and 15 bridges — thanks to the integration of Li.Fi, an aggregation protocol with smart routing capabilities. This expansion dramatically increases the options available to users for token swaps, providing unparalleled flexibility and choice.

This focus on integrating a diverse range of DEXs and bridges ensures that our users have access to a more comprehensive, efficient, and flexible Web3 environment. We’re committed to providing the best possible options for our users, allowing them to navigate the evolving landscape of digital assets with greater ease and confidence.

2. Expanding Your Choices: 19 New dApps

Continuing our journey to offer you the best of the decentralized ecosystem, we’ve integrated 19 new decentralized applications (dApps) into the Web3 Wallet. 

These dApps cover various functionalities and services — from DeFi protocols and exchanges to gaming platforms and social networks — ensuring that our users have access to the most innovative and useful tools in the Web3 space.

The integrated dApps are: 1inch, Alpaca, BinaryX, BiSwap, Compound, Convex, Curve, CyberConnect, Dodo, Frax Finance, Gala Games, GMX, Maker, Maverick, QuickSwap, Radiant Capital, Sushi, WooFi, and Yearn Finance.

Users can now easily interact with these newly integrated dApps directly through the Binance Web3 Wallet. To explore these additions, simply open the Binance App and navigate to [Wallets] > [Web3] > [Discover] > [Trending DApps]. 

3. New Chain Support: opBNB, Linea, and Other Integrations

Binance Web3 Wallet has recently expanded its chain support, further enhancing the diversity and depth of our users’ Web3 experience. Following the successful integration of major networks such as Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, and Sei, we are excited to announce that support for opBNB and Linea is now also live.

opBNB: A high-performance Layer-2 within the BNB ecosystem, opBNB optimizes for stable and low-cost gas fees with a block size of 100M, catering to uses from gaming to collectibles.

Linea: Developed by Consensys, Linea is a zkEVM rollup that seeks to enhance Ethereum’s scalability with faster throughput and significantly lower transaction costs.

These latest integrations demonstrate Binance’s ongoing dedication to broadening our users’ access to the decentralized web. By continually adding support for new chains, we’re enabling our users to engage with an increasingly diverse Web3 world. 

To view all supported networks in Binance Web3 Wallet, open the Binance App and tap on [Wallets] > [Web3] > [Networks].

4. Revamped UI for Home and Swap Pages

The Web3 Wallet’s Home and Swap pages have been revamped for a smoother experience. 

We've designed a more intuitive and user-friendly interface, making your interactions straightforward and efficient, especially when executing swaps. 

This update not only improves current usability, but also paves the way for future innovations, ensuring the Binance Web3 Wallet remains at the cutting edge.

Final Thoughts

At Binance, we’re continually striving to improve and expand our services to meet your evolving needs. These updates to the Web3 Wallet are a testament to our commitment to innovation. We’re excited for you to explore these new features and continue your Web3 journey. Stay tuned for more updates as we continue with our mission to expand the freedom of money and bring the world of Web3 to your fingertips.

Further Reading

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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