What is a Binance Coin Wallet
If you're new to crypto, you may be wondering what is a Binance Coin wallet, why you need it and how hard it is to get one. Let's take a look at these questions one by one.
Binance Coin wallet is a unique identifier used to identify you as the owner of your crypto. It has both a public address and a private key. The public address works much like a bank account number: you can freely share it and use it to transfer funds to your BNB wallet. The private key is used to access your crypto: anyone who has it can access your crypto. This means that you must keep your private key absolutely safe if you want a secure Binance Coin wallet!
And, as to getting one – we've made it really easy to get a free and reliable online Binance Coin wallet. It literally only takes a few clicks!
How to get a Binance Coin Wallet
When we say it's easy to get a free Binance Coin wallet at Paybis, we mean it. All it takes is three simple steps:
Log onto your Paybis profile or sign up if you don't already have one;
Click on the “Wallets tab” or “Open wallet” button”;
Select “Add wallet” and enjoy your free BNB wallet!
Your BNB wallet is now ready to use, and you can always access it right from your Paybis profile. There's no need for technical involvements or purchasing hardware devices – if simplicity is your preference, this might be a suitable wallet for Binance Coin.
How to use your BNB wallet
Now that we know what is a Binance coin wallet and how to get it, let's see how you actually can use it to receive, store and manage your crypto.
As noted, your Binance Coin wallet has a public address; click on the Deposit button to see it. With this address, you can add funds from another wallet or exchange directly. All deposits and balances are verifiable on-chain.
If you choose to acquire Binance Coin from us, you don't have to copy your BNB wallet address – just select Paybis wallet from the menu.
You can send your crypto to another wallet – there are no separate withdrawal fees.
Is this the right Binance Coin wallet for you? Feel free to check it out yourself – just scroll back up and explore the option now!