Binance Coin (BNB) Wallet
Binance Coin is the cryptocurrency issued by Binance exchange and trades with the BNB symbol. BNB is the cryptocurrency coin that powers the Binance ecosystem by providing a variety of functions and It is also the key currency of the Binance chain and the Binance smart chain. This currency has grown significantly over the years since its introduction and is among the top 5 cryptocurrencies in the market in terms of market cap.
272.3 $
-3.7 $
Volume: 406224
Binance coin was initially launched as an ERC-20 token based on the Ethereum blockchain, however it will be available later in the Binance chain and the Binance smart chain under the BEP-2 and BEP-20 standards. The available options to create a Binance coin wallet support BNBs based on both networks.
What is the best wallet to use for Binance Coin?
Here are four of the best hardware and software options for creating a Binance Coin (BNB) wallet with a brief overview of each.
Binance Chain Wallet: This wallet has been introduced as the official BNB wallet since the launch of the core network and allows users to manage assets and connect to decentralized applications based on the Binance smart chain.
Ledger Wallet: Ledger is a hardware wallet and the safest option for creating a BNB wallet. This wallet allows you to store, send and receive binance coins and a wide range of other cryptocurrencies.
Trust Wallet: Trust Wallet is a completely decentralized software wallet and a simple mobile application for managing digital tokens and coins.
SafePal wallet: SafePal is the official wallet of Binance Exchange in both software and hardware versions, which allows you to manage Binance Coin and connect to the ecosystem and decentralized applications based on the Binance smart chain.
|
Name |
Type |
Security |
Score |
|
Binance chain wallet |
Software(Web wallet) |
Good |
|
|
Ledger wallet |
Hardware |
Great |
|
|
Trust wallet |
Software(Mobile) |
Very Good |
|
|
SafePal wallet |
Hardware/Software (Mobile) |
Great |
Remember that choosing the best Binance Coin wallet depends on the investor's goal. If we talk exclusively about secure storage, hardware wallets are more secure because they are not at risk of hacking and viruses. However, it is safe to say that the security of assets in software wallets is also 100% guaranteed.
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