Cryptocurrency exchange Binance has started testing its own Web3 wallet

According to Binance 's chief customer officer Yi He, the world’s largest cryptocurrency exchange has started testing its Web3 wallet.

«The Coin Web3 wallet is currently in testing, we continue to add new blockchains, thank you for your support ,» He wrote on her Twitter page.

Not much is known about the upcoming wallet from Binance, as the developers are currently adding features to simplify integration with various exchange services. It is expected that the future wallet will receive the entire set of features of the Binance ecosystem, including Binance ID.

To ensure maximum confidentiality of user data, Binance wallet uses the latest cryptographic standard for multi-party computing: each party in smart contracts has its own key fragment. As a result, the wallet is almost completely protected from hacker attacks.

Currently, access to the Binance wallet is only available to close ecosystem partners. Anyone can request to test it by contacting the Binance Business Development team. On Binance’s developer portal, users can view documentation on API integration: React toolkit, JSON RPC methods.