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Binance Tutorials

Understanding a Binance Web3 Wallet

The difference between a self-custody wallet, an exchange balance and the responsibility of holding recovery information.

Understanding a Binance Web3 Wallet

Know the custody model

An exchange balance and a self-custody wallet place different responsibilities on the user. Convenience and control come with different failure modes.

Map the useful functions

Holding, swapping, connecting to applications and viewing on-chain activity are separate actions. Learn one function at a time and keep approvals minimal.

Know the limits

Network congestion, contract risk, unsupported assets and irreversible transactions can affect outcomes. Read the current product notice before using a new feature.