Binance Unveils Web Wallet On‑Chain Trading on BNB and Solana

    By

    Triparna Baishnab

    Triparna Baishnab

    Binance launches Web Wallet enabling on‑chain trading on BNB Chain and Solana. Offers MPC security, real‑time tools, and meme‑coin access.

    Binance Unveils Web Wallet On‑Chain Trading on BNB and Solana

    Quick Take

    Summary is AI generated, newsroom reviewed.

    • Binance Web Wallet enables secure, seed‑phrase‑free trading on BNB and Solana.

    • Integration with Meme Rush and Binance Alpha targets fast meme‑coin trading.

    • MPC security underpins over 200 million secured transactions.

    • Trader caution advised due to high volatility and possible regulatory impact.

    Binance has added a Web Wallet through which Web-based on-chain trading is possible. It tolerates Solana and BNB Chain. Seed phrases are not used by the users. The wallet is secured by the multi-party computer (MPC). MPC eliminates danger of lost personal keys. Binance performed more than 200 million transactions on MPC. Traders have become able to access Meme Rush and Binance Alpha tokens. They will be able to monitor real-time performance and receive specific portfolio tools.

    This is a wallet that exploits the rising BNB and Solana ecosystems. Early 2025, the BNB Chain exceeded Solana in terms of daily fees. The price of BNB token has jumped by 15 percent following that milestone. Solana was also up by about 7% during the same. t is also faster to speculate with it because of its integration with Meme Rush and Alpha tokens. Streams, alerts and quick decision making. Binance is to encourage cross chain active trading.

    Security and Technical Highlights

    Binance MPC keeps the control of the private keys. Key shares are distributed among different nodes of MPC. It only reinstates the key when carrying out transactions. This eliminates weaknesses of seed phrases. MPC has better security-speed tradeoffs as compared to hot or cold wallets. It is high frequency trading BNB and Solana. IIt encourages typed access and signatures automation.

    Binance gives traders a meme-coin volatility warning. Meme coins can vary by 300-500 percent according to a study. Risk exposure by traders ought to be at 5-10% of portfolio. There is regulatory uncertainty that could affect some of the areas. As an illustration, India can impose 1 % TDS on crypto trading. Binance is not completely decentralized enough- the counterparty risk still exists. This risked with MPC benefits by users.

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