
Author: BITWU.ETH Source: X, @BTW0205 BITWU.ETH
Let’s talk about the new inscriptions on #Binance:
It was quite sudden when it went online. Although everyone knew that Binance would go online, it was obviously a bit hasty. @heyibinance tweeted that Binance might be a semi-finished wallet, and I instantly felt that this was the most accurate summary;
In the next few days, we saw Binance’s main advice and cherish everyone’s suggestions, and we understood.Binance’s idea is to first launch a semi-finished product, and then modify it according to everyone’s suggestions.;
After experiencing it for a while, let me first talk about some of my views on the current Binance Web3 wallet:
1. How to enter #BinanceWeb3 wallet
On the first day, the wallet entrance was very complicated, which led to frequent complaints. Binance changed the entrance very much. Now click the funds button and you can see the Web3 wallet entrance in the upper right corner, which is much more convenient;
But before this, you need to upgrade your Binance App first. Currently, if your phone is in the Appstore in China or the United States and cannot be upgraded, here is a way to register an account in other Apple regions:
https://suitechsui.cloud/zh-CN/download-guide…
2. Binance Web3 Wallet: Your One-stop Solution
The positioning of Binance Wallet is a one-stop solution, so rich features in the future are definitely essential:
Rich options: Trading or minting BRC-20 tokens, EVM tokens and other inscription tokens
Convenient transfer: Inscription tokens can be transferred in one click between Binance trading platform and Web3 wallet
Silky Trading: BTC Trading Accelerator Empowers Faster Trading Experience
Highlights are mainly concentrated in the following parts:
BTC Trading Accelerator:
Binance Inscription Market also offers BTC trading accelerators.This tool can significantly increase Bitcoin transaction speed, which is a crucial point in inscription transactions.Speeding up transactions means faster transactions and etching speeds, allowing users to always be ahead in the fast-changing crypto world.
Integrate with UniSat to enhance liquidity and optimize options:
Binance Inscription Market integrates the UniSat (a pioneer in the field of ordinal and inscriptions) API, allowing users to access UniSat’s deep liquidity and more than 60,000 BRC-20 tokens.The cooperation greatly expands the market boundaries and provides users with unparalleled massive selection and liquidity.
Easy to access, convenient and fast:
The Inscription Market is located in Binance Web3 wallet and adheres to the design concept of easy access and convenient and fast.Whether it is a BRC-20 enthusiast or a Web3 newbie, it can provide a safe and pleasant user experience to meet everyone’s needs.Users can transfer inscriptions between Web3 wallet and Binance trading platform with just one click.
3. Future planning: safer, simpler, boundaries, lower the threshold for Web3
Although Binance Wallet is not very rich in its current functions, it is working hard to lower the threshold for entering Web3. At this point, we will use the advantages of users to compete for market ownership.
At this point, I think Binance can compete with OKX. After all, Binance’s natural advantages lie in its customer base and globalization:
Binance CEO @_RichardTeng mentioned in the tweet:
“We hope that through a more streamlined process, we can make the entire user experience safer, simpler, and more fun.”
I think this should be the main direction of Binance Wallet in the future. Binance Inscription Market is the latest product innovation measure taken by Binance to continuously promote the reduction of the threshold for entry of Web3 and improve user convenience.
Binance has advantages in users, so I think the next step is to iterate the products while better welcome users’ conversions.
Conclusion:
The Binance wallet that I just launched is not perfect. He Yi @heyibinance’s talent-hungry look at recruiting directly in the comment area, which made me see that Binance really wants to make this Web3 wallet well. It’s up to me, so IKnowing that this is a matter of time sooner or later;
Finally, I would like to say two things, don’t be anxious, you can earn more if you slow down:
First, a good product must be produced through continuous iteration. Binance’s Web3 wallet has not yet made any efforts, so don’t be anxious;
Second, the inscription is a track of hundreds of billions of dollars, and there will definitely be a future. It is better to wait for the flowers to bloom, so don’t worry!