Does Binance Exchange have a self custody wallet?

[King Belieal]

I heard that some crypto exchanges have a self custody wallet alongside the exchange wallet. I am a big fan of Binance but I don't know if they have a self custodial wallet.

Can someone verify to me if Binance has a self custodial wallet?

 

[Nomad]

Try trust wallet, it is a self custody wallet created by Binance. I have been using it for many years without issues.

 

[King Belieal]

Try trust wallet, it is a self custody wallet created by Binance. I have been using it for many years without issues.

I know about Trust wallet but I have read lots of negative reviews about it and I am really scared. Based on your recommendation, I would try it out.

 

[Suba]

That’s right, some crypto exchanges have a self custody wallet like OKX, Binance etc, and users will hold the private key so they have full control over their crypto. If you want to use Binance’s non custody wallet you can access Binance’s Web3 Wallet.

 

[Fidelia]

Trust wallet is owned by Binance and it has proven to be as excellent in storing and managing crypto assets. It is self custodial.