trustwallet

BNB Smart Chain (BSC) is relatively new, so not all wallets currently support BEP-20 tokens. When you find a BSC supporting wallet, there are a few types and options to choose from. Custodianship, security, and usability are important to consider, and everyone has their top priorities. The five wallets below all differ slightly, so your best bet is to try them and see what you prefer.
What type of crypto wallet should I use?
Before you choose a specific wallet, think about what you need. There’s more than just one type of wallet out there. Most BSC wallets will be non-custodial, meaning you have control of your private key. BSC wallets are also typically hot wallets that allow you to quickly connect to DApps or start staking. Each type has its advantages and disadvantages.
1. Custodial - The wallet provider holds your private key. This is the case with your digital assets in an exchange’s wallet. Without owning your private key, you aren’t entirely in control of your wallet. Likely, you won’t be able to connect to DApps either. For example, if you only want to spot trade BSC tokens and other cryptoassets, a custodial wallet is a reasonable choice. But be careful. While this is safe to do on Binance, you should not trust your funds to any custodial wallet or exchange. 
2. Non-custodial - You own your private keys. It’s the safest option for most traders and investors, as long as they take good care of their keys and seed phrases. The wallets we’ll cover later are all non-custodial options that allow you to interact with DApps.
3. Hot wallets - These crypto wallets are connected to the internet and are typically non-custodial (unless you’re using a centralized exchange). Hot wallets are convenient for making transactions but come with some security risks. Your private key is held online with your public key and is usually accessible with a user-set password. Like any password-protected service, you could be hacked or phished. To mitigate the risks, you should also use two-factor authentication (2FA) methods.
4. Cold wallet - You store your private key offline on specialized hardware. This option is the most secure way to hold your BSC tokens, but it’s often the most impractical method for making transactions and interacting with DApps.
You can easily use a combination of the above to combine their strengths. However, for day-to-day transactions and DeFi applications, a non-custodial hot wallet is a robust and flexible option. Let’s take a look at some of the most popular options.
MetaMask
MetaMask is a browser extension and mobile app crypto wallet supporting BSC and other blockchains, including Ethereum, Polygon, and BNB Chain. MetaMask was developed in 2016 by ConsenSys, a prominent blockchain company. For many years, MetaMask only offered their extension, which is why it’s still their most popular product.
The MetaMask browser extension allows you to make transactions and interact with smart contracts and DApps.

MetaMask also lets you connect to different blockchain networks (you can add custom mainnets). It also allows you to sign transactions, manage your public and private keys, and offers a Swaps service that provides the best prices from multiple Decentralized Exchanges (DEXs). MetaMask is a popular choice with BSC users for its simplicity and ease of use.
Binance Web3 Wallet 
The Binance Web3 Wallet is a decentralized digital wallet designed for secure and seamless access to DeFi and Web3 applications. It enables users to manage cryptocurrencies, participate in decentralized exchanges, and engage with DeFi protocols directly on blockchain networks without intermediaries.
Integrated with the Binance ecosystem, the wallet supports multiple blockchains, including Ethereum and BNB Smart Chain, allowing users to manage a diverse portfolio of digital assets. With a user-friendly interface, the Binance Web3 Wallet caters to both beginners and experienced crypto enthusiasts.
For more information, check out What Is Binance Web3 Wallet?
Trust Wallet
Trust Wallet is an open-source mobile wallet app available for iOS and Android. It supports the leading blockchain networks, including Ethereum, BSC, and many more. You also have full access to your private keys through a seed phrase. The app has some extra built-in functionalities, including purchasing crypto with a credit or debit card and a non-fungible token (NFT) wallet.
Trust Wallet has a utility and governance token, TWT. By holding the token, you can participate in decision-making, such as adding new blockchain support and integrating new tokens. You can also get discounts on the DEX and crypto purchases with TWT.

If you decide to try Trust Wallet, use our Connecting Trust Wallet to BNB Smart Chain (BSC) tutorial to get started.
MathWallet
MathWallet offers a cryptocurrency wallet browser extension, a web-based wallet, and a mobile app for iOS and Android devices. It supports almost 40 different blockchains and was one of the first to support BSC. Founded by MATH Global Foundation in 2017, the foundation has raised $12 million in a Series B funding round led by Binance Labs.
If you want to use the same wallet across multiple devices, MathWallet offers a lot of flexibility. It’s easy to move between your mobile device, browser extension, and web-based wallet, depending on your needs.

SafePal
SafePal is a hardware wallet provider that also has a decentralized mobile wallet app. Its functionality is similar to Trust Wallet with the addition of a Decentralized Finance (DeFi) section. This section has links to already popular DeFi platforms and DApps, as well as a browser. If you want to access DApps without switching apps on your device, SafePal is a suitable option for both iOS and Android. The project also has a utility token SFP used for discounts and bonuses.
SafePal S1 Hardware Wallet
The SafePal S1 hardware wallet is a more affordable option compared to a Trezor device or Ledger Nano. If you want to store your BSC tokens offline, it offers more security than any hot wallet so long as you keep your device safe. However, to use DApps, you’ll have to transfer your tokens to your SafePal hot wallet.
#MathWallet #TrustWallet #BSCchain
$BTC
$ETH
$BNB

Web3 wallets have emerged as essential tools for users seeking to explore the world of cryptocurrencies and decentralized finance (DeFi). In this guide, we will discuss the fundamental concepts of Web3 wallets and their different types, followed by some popular examples.
What Is a Web3 Wallet?
Web3 wallets are digital wallets designed for the world of decentralized finance. They act as gateways for users to interact with blockchain networks and decentralized applications (DApps), providing a secure way to manage cryptocurrencies, NFTs, and other digital tokens.
Web3 Wallets vs. Crypto Wallets
Although the two terms are often used as synonymous, not all crypto wallets are compatible with DApps and DeFi platforms. So, while both Web3 and crypto wallets are used to manage cryptocurrencies, Web3 wallets support a wider variety of digital assets.
How Web3 Wallets Work
Most Web3 wallets are designed to provide users with full control over their digital assets. This means that users are responsible for managing their seed phrases and private keys.
Typically, whenever you create a new Web3 wallet, you will generate a unique seed phrase of 12 or 24 words. This is what gives total access to your crypto wallet and its private keys (used to sign and verify transactions). Do not share your seed phrase and private keys with anyone.
Key Features of Web3 Wallets
Although some features might differ from one wallet to another, most Web3 wallets come with a set of key features:
Multi-asset and multi-chain support: Support a variety of blockchain networks and digital assets, including cryptocurrencies and NFTs.Smart contract and DeFi interoperability: Facilitate seamless interactions with smart contracts, giving users access to DApps, decentralized exchanges, marketplaces, and other blockchain-based applications.Peer-to-peer transactions: Enable users to send and receive digital assets without the need for centralized services or intermediaries.Security: A good Web3 wallet should offer robust security and implement encryption techniques to protect seed phrases and private keys from potential threats. Some also include notifications and warnings against potentially malicious websites and smart contracts.Pseudonymity: Although most blockchain transactions are publicly available, users can create Web3 wallets without sharing sensitive data or personal information.
Custodial vs. Non-Custodial Web3 Wallets
1. Non-custodial wallets
Non-custodial or self-custody wallets provide users with complete control over their assets. Popular examples include MetaMask and Trust Wallet. Non-custodial Web3 wallets are considered the safest option for most traders and investors, as long as their private keys and seed phrases are kept private and secure.
2. Custodial wallets
Custodial wallets involve a third party managing private keys on behalf of users. The wallets you have in your Binance account are examples of custodial wallets. While offering convenience, users must trust the custodian with their assets, so it’s important to choose reliable and trustworthy exchanges.
Types of Web3 Wallets
There are multiple ways to categorize Web3 and crypto wallets. In this section, we will explore some of the most common types: hardware, web, desktop, mobile, paper, and smart contract wallets. Keep in mind, however, that there are overlaps between the different categories. For example, some Web3 wallets like MetaMask are available as both web and mobile wallets, and offer support for hardware wallets like Trezor and Ledger.
Hardware wallets
Hardware wallets are physical devices that store cryptocurrency keys offline (cold storage), providing an extra layer of security. Even though they're safer from online threats, they can be a bit tricky to use and access compared to other wallets. But, if you plan to keep your crypto for a long time or have a lot of it, a hardware wallet might be a good choice. 
You can set up a PIN code for extra protection, and most of them let you create a backup recovery phrase in case you lose your wallet. Trezor and Ledger are popular examples of hardware crypto wallets.
Web wallets
Web wallets usually operate through a browser interface, allowing users to access their cryptocurrency holdings online. Most web wallets today are also available as mobile wallets. While convenient, users must be cautious when connecting their wallets to DeFi platforms and DApps. Interacting with malicious websites or smart contracts may put your assets at risk.
Mobile wallets
Mobile wallets operate similarly to web wallets, but are specifically crafted for smartphones. They enable users to send and receive cryptocurrencies conveniently using QR codes. They also offer easy mobile access to DeFi and DApps.
However, just like computers, mobile devices are susceptible to malicious apps and malware. It's advisable to secure a mobile wallet by encrypting it with a password and backing up your seed phrase (or private keys) in case of phone loss or malfunctions.
MetaMask, Binance Web3 Wallet, and Trust Wallet are notable examples of mobile crypto wallets. We will cover each in more detail in the next section.
Smart contract wallets
Smart contract wallets are managed by smart contracts on the blockchain. These wallets introduce programmable, self-custodial accounts and enable advanced functionalities. Unlike traditional wallets, smart contract wallets allow users to define rules and conditions for transactions, automate financial activities, and enhance security through programmable logic. 
Smart contract wallets often leverage blockchain technology, providing users with decentralized control over their funds and facilitating integration with DeFi applications. Security features such as multi-signature requirements, time locks, and upgradability are common aspects of smart contract wallets, making them versatile tools for managing and interacting with cryptocurrencies.
Desktop wallets
Desktop wallets were more common in the early years of Bitcoin and cryptocurrencies. They are software applications installed on your computer, providing complete control over your cryptocurrency keys. Security relies on the user's computer integrity, and regular backups of the wallet data are essential to prevent loss.
Paper wallets
Paper wallets are often discouraged and considered by many obsolete. They involve the physical printing or writing of cryptocurrency addresses and private keys on paper. Offering offline storage, they are resistant to online hacking but require careful handling and secure storage to prevent physical damage or loss.
Examples of Web3 Wallets
MetaMask
MetaMask stands as one of the most popular non-custodial Web3 wallets, known for its compatibility with Ethereum and various EVM-compatible blockchains, such as BNB Chain, Polygon, Avalanche, Arbitrum, and many others.
Users can use MetaMask to interact with DApps, manage digital assets, and engage in token swaps. MetaMask prioritizes user autonomy, as it doesn't control private keys, offering a secure and intuitive experience for both beginners and experienced users.
Binance Web3 Wallet
The Binance Web3 Wallet, integrated into the Binance app, targets both new and experienced DeFi users. Leveraging multi-party computation (MPC) technology, it enhances cryptographic security by eliminating the need for a single storage location for private keys. The wallet's three "key-shares" are distributed across the Web3 Wallet, cloud storage, and the user's device, and are further protected by a recovery password known only to the user. This approach ensures enhanced security and reduced risks of single points of failure.
Binance Web3 Wallet Features
Easy setup: Quick creation through the Binance app without the need for seed phrases or private keys.Convenience: Seamlessly connected to Binance Bridge and other service providers for easy token swaps and exploration of DApps.Security measures: Wrong address protection and identification of potentially malicious smart contracts, with transactions controlled by multi-party computation (MPC) technology.Self-custody: Encrypted by three "key-shares" and a recovery password, offering complete autonomy over assets.Customer support: A 24/7 customer support service ensures a safe and smooth experience for users.
Trust Wallet
Trust Wallet, another prominent non-custodial wallet, offers a seamless mobile experience for managing cryptocurrencies. Supporting a wide range of blockchains, Trust Wallet enables users to store assets, explore DApps, and participate in DeFi activities. Its user-friendly interface and strong security measures make it an ideal choice for mobile users seeking both convenience and protection.
#Web3 #TrustWallet #Wallet
$BTG
$XRP
$BTC

We've all heard the mantras: "HODL," "Buy the Dip," "Have Diamond Hands." While these are fun and often good sentiment indicators, they overshadow the most critical rule for long-term survival and success in crypto: Security Self-Custody.

The recent rise of decentralized finance (DeFi) and the constant news of exchange hacks (not on Binance, of course!) make this more important than ever. Your keys, your crypto. Not your keys, not your crypto.

But what does self-custody really mean, and how do you do it safely? Let's break it down.

Why Self-Custody is Your Superpower

1. True Ownership: When you hold your assets on an exchange, you're trusting a third party. With self-custody, you hold the private keys. You are your own bank. No one can freeze your assets or prevent you from accessing them.
2. Immunity to Exchange Risk: While major exchanges like Binance have robust security, no platform is 100% immune to hacking. By moving your long-term holdings to a private wallet, you eliminate this specific risk entirely.
3. Access to True DeFi: To interact with most decentralized applications (dApps), lending protocols, and NFT marketplaces, you need a self-custody wallet like Trust Wallet or MetaMask. Keeping your crypto on an exchange limits your ability to explore the full potential of Web3.

How to Start with Self-Custody: A Simple Guide

1. Choose a Reputable Wallet: For beginners, a software wallet like Trust Wallet (owned by Binance) or MetaMask is a great start. They are free and user-friendly. For larger amounts, consider a hardware wallet like Ledger or Trezor for maximum security.
2. Write Down Your Recovery Phrase (SEED PHRASE): This is the most important step. When you create a wallet, you will get a unique list of 12 or 24 words.
✅ DO: Write it down on paper and store it in multiple secure physical locations (e.g., a safe, a safety deposit box).
❌ DO NOT: Take a screenshot of it, store it in your email, or on any internet-connected device. Anyone with this phrase can steal your crypto.
3. Start Small: Transfer a small amount of crypto from your Binance account to your new wallet address as a test. Get comfortable with the process and the fees (gas) involved.
4. Verify, Then Trust: Always double-check the first and last few characters of the wallet address you are sending to. Crypto transactions are irreversible.

Self-custody isn't about moving all your crypto off exchanges at once. It's about understanding the tool and using it strategically. Use Binance for trading, liquidity provision, and easy access to cash. Use your self-custody wallet for your long-term, "sleep-well-at-night" holdings.

By taking control of your private keys, you're not just following a best practice—you're embracing the fundamental, revolutionary principle of cryptocurrency: decentralization.

What's your preferred wallet for self-custody? Share your tips below!

#SelfCustody #CryptoSecurity #DeFi #Web3 #Binance #Write2Earn #Bitcoin #TrustWallet