Main conclusions
Welcome to the first episode of our Binance Wallet Update series, where we relaunch the Binance Wallet (formerly known as the Binance Web3 Wallet) with a focus on simplicity at its core.
You can manage all your assets across multiple wallets and chains in one place with the unified wallet feature, plus seamless navigation with a sleek new interface.
Access exclusive free distributions, track rewards in the Free Distributions Area and Rewards Center, and join the $5M+ Free Distribution Festival to discover amazing opportunities — all thanks to the largest free distributions platform ever.
This is a general announcement. The products and services mentioned here may not be available in your area.
Web3 offers great opportunities, but the complexities associated with it — navigating interfaces, switching chains, and finding monetization options — can make it difficult. At Binance, we believe that simplicity is the key to unlocking the potential of the decentralized internet, because in Web3, less truly is more.
As part of our mission to make Web3 more accessible, we are relaunching Binance Wallet — formerly known as Binance Web3 Wallet. This new name reflects our commitment to simplicity, aligned with a seamless product that delivers a better user experience.
The Binance Wallet relaunch is guided by the “less is more” philosophy — a series of updates designed to remove barriers and make exploring Web3 easier. Each update reduces complexity, helping you manage your assets and interact with Web3 more easily than ever before.
This blog post introduces the first of these updates and the starting point for the relaunch of the Binance Wallet. Here’s what’s new:
Unified wallet for seamless asset management: Binance Wallet unifies assets from multiple wallets into a single view, allowing you to easily manage all balances without having to switch between wallets (or chains).
Revamped Free Distributions Area for Smooth Rewards: You can access exclusive free distributions very easily through the Free Distributions Area and Rewards Center.
New, sleek design for seamless navigation: Experience Web3 with a modern, easy-to-use interface.
While there’s always more to build, we’re committed to making Web3 accessible to everyone. Read on as we introduce you to these improvements, and show how reducing complexity can provide more control, opportunity, and freedom in a decentralized world.
Unified Portfolio — Manage Your Assets Simplified
Managing multiple cryptocurrencies across different networks and wallets can be complex and time-consuming, sometimes requiring users to navigate between different wallets. The Unified Wallet update simplifies this, consolidating all your assets from multiple wallets and networks into one seamless interface that supports a wide range of chains.
This means you can now easily get an overview of your entire Web3 portfolio in one place — bringing together assets from multiple wallets and networks into one unified view. No matter how many wallets you have, you’ll get a clear, organized snapshot of all your Web3 assets at a glance, making it easier to monitor and manage your cryptocurrencies.
Key Features
No need to switch between wallets: With a unified wallet, there is no need to switch between wallets, making it easier to track your assets and reducing potential errors. See below for an example of how it works in practice.
Comprehensive Portfolio Tracking: Get a complete view of your Web3 assets across portfolios (and chains) in a unified dashboard. Track, analyze, and manage your portfolio seamlessly, with all your data in one place.
Simplified Transactions: The unified wallet simplifies sending and receiving tokens by presenting only the relevant wallet and chain blocks that contain funds. This reduces unnecessary steps and makes transfers easier, ensuring that users focus only on the important choices.
Sleek new design—easy navigation
Navigating Web3 requires not only powerful features, but also a smooth and user-friendly interface. The redesigned Binance Wallet offers a modern and user-friendly experience, incorporating pop art elements and refined 2D illustrations for a visually engaging journey. Familiar navigation patterns, compatible with the Binance trading platform, make it easy for both new and experienced users to get started right away.
Key improvements
Homepage Overhaul: The new homepage acts as a central hub, showcasing your total asset value across networks in a unified view. Quick access buttons for “Earn” and “Free Distribution” make it easy to access earning opportunities, while dynamic sections highlight promotions and new projects to explore.
Portfolio Tab Improvements: A cornerstone of our unified portfolio. Asset management has been simplified with improved layouts, grouped tokens, and categorized balances. Improved address management allows you to add, name, and organize multiple addresses. These improvements support our unified portfolio approach, allowing you to track your portfolio by asset or by portfolio. Choose between a portfolio view or a token view to better organize and visualize your holdings, giving you more flexibility to manage your assets your way.
Revamped Free Distribution Zone—Easy Access to Crypto Rewards
Earning rewards with cryptocurrencies can often be complicated, but the revamped Binance Wallet Free Drop Zone is designed to make it a smoother and more rewarding experience. With exclusive access to partner project free drops and a streamlined process for earning tokens, the revamped Free Drop Zone is designed to make growing your portfolio easy and convenient. Some of its highlights include:
Exclusive free distributions
Binance Wallet offers exclusive free airdrops available only to its users, giving you early access to tokens from promising Web3 projects. Participating in these airdrops is easy, sometimes requiring just simple social tasks. The free airdrop area also offers a variety of reward mechanisms, from first-come, first-served airdrops to lucky draws that give everyone a chance to win, even if they weren’t among the first to participate.
Rewards Center
The new Rewards Center aggregates all of your Free Distributions and pending Rewards, creating an organized hub that lets you keep track of everything in one place. You can view your Free Distribution tasks, check the progress of ongoing Free Distributions, and monitor your available Rewards — all from one screen. This makes the Rewards experience seamless, helps you stay on top of every earning opportunity, and manage your Rewards efficiently.
Launch of the free distribution festival worth more than 5 million dollars
In celebration of the revamped Binance Wallet, we will be launching the Free Drop Festival starting December 10. This multi-week event will feature over $5 million worth of token giveaways, providing users with exclusive opportunities in our largest Free Drop Zone.
With weekly campaigns from top projects, this is the beginning of a steady stream of rewards. Whether you’re reading this now or later, you can dive into the free airdrop area to unlock a world of rewards. Follow our official channels for the latest updates and discover how Binance Wallet makes accessing free airdrops easier than ever.
Closing thoughts
The revamped Binance Wallet represents another step forward in making the decentralized internet more accessible and usable. Through the “less is more” series, we are committed to introducing ourselves to provide a smoother and easier Web3 experience.
This release is just the beginning; in the coming months, expect more updates that will make transactions easier, enhance security, and expand earning opportunities — all designed to break down barriers to Web3 adoption, shaped by your feedback. And stay tuned — we’ll soon be announcing several more giveaways through our $5M+ Giveaway Festival (starting December 10, 2024) to further reward and engage our community.
Update your Binance Wallet today to explore these new features and claim your share of the rewards. Your contributions drive us forward, and together we will build a more inclusive Web3 world. Thank you for being part of the journey.
Disclaimer: Binance Wallet is an optional product. It is your responsibility to determine whether this product is right for you. Binance is not responsible for your access to or use of third-party applications (including any functionality integrated into Binance Wallet), and will have no liability whatsoever in connection with your use of such applications, including, without limitation, any transactions you object to. Please carefully review the Binance Wallet Terms of Use and always do your own research.
