Binance Wallet, formerly known as Binance Web3 Wallet, offers a unique hybrid approach by combining the autonomy of self-custody with the convenience of centralized functionality. Unlike traditional wallets, it eliminates the need to download a seed phrase, streamlining the recovery process without compromising security. This innovative design makes it ideal for storing and transferring cryptocurrencies, interacting with decentralized applications (dApps), staking and managing NFTs.
Backed by Binance, it supports over 2,000 cryptocurrencies, ensuring unparalleled versatility. With a built-in exchange module and integration with Binance Bridge, users can easily transfer assets across various blockchain ecosystems, both within and beyond Ethereum Virtual Machine (EVM) networks.
