Leading crypto exchange Binance has revealed the successful integration of 19 new decentralized applications (dApps) onto its Binance Web3 Wallet. The exchange communicated this development via its official blog today.
As a result of the new integration, users can now access the dApps directly through the Binance Wallet, simplifying their DeFi and Web3 interactions. The newly integrated dApps include prominent names like Dodo, Radiant Capital, Maverick, WooFi, CyberConnect, QuickSwap, GMX, Gala Games, BinaryX, 1inch, Maker, Compound, Curve, Convex, Frax Finance, Sushi, Yearn Finance, Alpaca, and BiSwap.
This diverse mix covers a variety of use cases, from decentralized exchanges and lending protocols to gaming platforms. Furthermore, Binance highlighted the straightforward route to accessing the dApps. Specifically, interacting with the 19 dApps via the Binance App includes four-step clicks: [Wallets] > [Web3] > [Discover] > [Trending DApps].
Similarly, the exchange provided clear instructions for interacting with the dApps via the web. Users need to navigate to any Binance Web3 Wallet-integrated dApp on the web, click on [Connect Wallet], and choose [Binance Web3 Wallet]. Users can opt for [WalletConnect] and scan the QR code using the Binance Web3 Wallet if the option is unavailable.
Notably, Binance Web3 Wallet debuted in the crypto sphere last month to simplify the user experience of crypto enthusiasts by eliminating intricate setups. In particular, the Binance Web3 wallet removes the necessity of recording seed phrases, a step commonly associated with traditional crypto wallets.
Also, Binance has stated that the seed-phrase-less setup comes with no compromise on crypto wallet security. It is worth noting that the Binance Web3 Wallet has built-in support for non-fungible tokens (NFTs).
Since its launch in November, Binance has continuously improved its offerings. Early this month, Binance added five networks to the Web3 wallet, including support for native blockchains of Bitcoin, Dogecoin, and Litecoin.
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