Binance, the world's largest cryptocurrency exchange, will bring together the Web3 and blockchain world in Istanbul.
At this point, Binance Blockchain Week, which will be held in Istanbul, the third after Dubai and Paris, will last two days, on November 8-9.
While Binance Blockchain Week Istanbul will host many participants from all over the world, Binance is expected to make special announcements here.
Because Binance CEO CZ stated in his recent post that an announcement would be made and pointed to November 8.
While the date of November 8 is being followed with curiosity, the details of the expected announcement have arrived. This announcement was made as Binance's “Binance Web3 Wallet”.
In his opening speech, Binance Head of Regional Markets Richard Teng announced that Binance is developing a Web3 wallet and introduced the “Binance Web3 Wallet”.
Binance also introduced the Binance Web3 Wallet and shared the details in its post on its Twitter account.
What is Binance Web3 Wallet?
Binance Web3 Wallet is a self-custodial crypto wallet built into the Binance app designed to empower users in decentralized finance (DeFi).
“Binance Web3 Wallet is the easiest way to get involved in Web3, providing users with a secure and streamlined way to manage cryptocurrencies, perform token swaps across multiple chains, generate returns, and interact with various blockchain platforms.
Binance Web3 Wallet is a self-storage wallet. You have full control over your funds and assets. Therefore, it is your sole responsibility to protect your assets and back up your wallet.”
Stating that the Binance Web3 Wallet can be created easily, Binance pointed out that the Web3 Wallet is useful and secure.
Pointing out that the Binance Web3 wallet enables quick and easy transfer of money between the exchange and the wallet, Binance also said, “Switch between CeFi, DeFi and Web3 with one touch.” said.
How to Create a Web3 Wallet?
Stating that the Binance application must be downloaded for the Binance Web3 wallet, Binance said: “Using your Binance application, create a wallet in seconds without having to worry about basic expressions or private keys.” said.
He also detailed the steps that users must follow to create a Binance Web3 Wallet. Accordingly, users can “Sign in to your Binance app and tap [Wallets]. Go to [Web3]. Tap [Create Wallet] to start using your Web3 Wallet.” He needs to follow your steps.
*This is not investment advice.