Binance, the largest crypto exchange platform by trading volume, has announced the integration of a Web3 self-custody crypto wallet into the Binance app.
Self-custodial wallet announced
During the ongoing Binance Blockchain Week conference in Istanbul, the launch of a Web3 self-custody wallet was officially announced. The new wallet is integrated into the existing Binance app and will enable users to explore the Web3 world in a more secure way.
According to the press release on the subject, the self-custody Web3 wallet allows users to swap thousands of tokens across various networks, utilise dApps, and earn yield, all within the same wallet.
CZ, the CEO and founder of Binance said of the wallet’s integration:
„Web3 wallets represent more than just storing digital assets; they are an integral part of the Web3 framework, empowering individuals with the ability for self-sovereign finance,”
Advantages of the wallet
The press release went on to describe the advantages of such a wallet for
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