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What is a Web3 Wallet and How to Use it on Binance

This blog post is about Binance Web3 Wallet and its features.Web3 wallets are a new type of crypto wallet that allows users to manage their crypto assets, execute token swaps and interact with various blockchain platforms. They are secure, convenient and come with 24/7 customer support.Here are the steps on how to activate a Web3 wallet on the Binance App:Make sure you have downloaded the latest version of the Binance appTap on the Web3 sectionIf you haven't created one already, you will be prompted to create one Backing up your Web3 wallet is very important and there are two ways to do it:With a QR code: This involves setting up a recovery password and storing the QR code in a secure location.With cloud storage: This involves choosing either iCloud or Google Drive and enabling Binance app to access your storage.Here are the steps on how to swap tokens using the Web3 wallet swap service:Log into your Binance appTap on wallets, then Web3Go to more and then click on SwapChoose the tokens and the network for the Swap