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The world’s largest cryptocurrency exchange – Binance – announced the launch of its Web3 wallet to allow millions of users to “explore and experience” the sector “without the risk of losing seed phrases or struggling with complicated onboarding processes.”The company made the announcement during its flagship Binance Blockchain Week conference in Istanbul.
“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,” said Changpeng Zhao – CEO of Binance. Richard Teng – Head of Regional Markets at Binance – said the main goal of the wallet is “to help elevate the current user journey of experiencing Web3.”
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