Details of Binance’s November 8 Announcement Revealed: Binance Web3 Wallet Announced in Istanbul!

The world’s largest cryptocurrency exchange Binancewill bring together the Web3 and blockchain worlds 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.

Binance Blockchain Week Istanbul, While it will host many participants from all over the world, Binance is expected to make special announcements here.

For Binance CEO CZ In his recent post, he pointed out 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 is made by Binance. “Binance Web3 Wallet” It was announced that.

Richard Teng, Head of Regional Markets at Binance in his opening speech He announced that Binance was 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 the decentralized finance (DeFi) space.

“Binance Web3 Wallet is the easiest way to get involved in Web3. It offers users 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 “Switch between CeFi, DeFi and Web3 with one tap.” said.

How to Create a Web3 Wallet?

Binance stated that the Binance application must be downloaded for the Binance Web3 wallet. “Using your Binance app, create a wallet in seconds without having to worry about underlying phrases or private keys.” said.

He also detailed the steps that users must follow to create a Binance Web3 Wallet. Accordingly, usersLog in to your Binance app and [Cüzdanlar]Tap . [Web3]Go to . To start using your Web3 Wallet [Cüzdan Oluştur] Tap .” He needs to follow your steps.

*This is not investment advice.

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