Binance, the leading crypto exchange in terms of trading volume, has announced the launch of an exclusive wallet. As per the official announcement, Binance is relaunching the Binance Wallet, which was formerly called Binance Web3 Wallet, to increase Web3 accessibility.
Binance Relaunches Binance Wallet to Increase Web3 Accessibility
The crypto exchange mentioned that Binance Wallet’s relaunch will take place in phases during the next months. Each of the stages will unveil an exclusive theme to deal with key challenges concerning the Web3 adoption. In this way, the platform intends to ensure a thoughtful and streamlined transition for the consumers. This development focuses on providing users with a more intuitive and accessible Web3 worldwide.
Binance Wallet’s Global Lead Winson Liu also commented on the relaunch. The executive revealed that this assists Binance in achieving its goal of onboarding 1B consumers into the Web3 landscape. In this respect, the wallet reportedly increases convenience and accessibility for users.
With the increasing popularity of online shopping and other such technologies, Web3 is also getting more and more utility. Hence, the improved Binance Wallet targets to expedite this transition by delivering intuitive tools to streamline the decentralized experience.
The 1st Relaunch Phase Prioritizes Seamless Web3 Navigation and $5M Airdrops
The earliest update batch comes under the theme “Seamless.” It prioritizes offering convenience in Web3 navigation. This phase includes features that improve asset management, airdrop access, as well as overall consumer experience.
Apart from this, Binance also plans to celebrate the Binance Wallet’s relaunch. For this purpose, it is releasing the Airdrop Carnival valued at $5M. It is a multi-week event that offers $5M in terms of token airdrops. The event will reportedly begin on December 10th this year, giving exclusive access to rewards and tokens.
