The biggest black swan event in crypto recently was the supply-chain attack affecting multiple users who bought Ledger hardware wallets through third-party channels. Total losses have reached nearly $90 million (estimates vary from $86 million to over $93 million).
In response, CZ (Changpeng Zhao) was quick to post a warning on X:
CZ then shared another security tip, reminding users that after buying a hardware wallet (or downloading a new software wallet), it’s best to leave it unused for a few weeks before transferring large amounts of funds into it.
CZ’s warning exposed a blind spot: with a pure cold wallet that has an extremely high barrier to entry, contamination at the start of the supply chain can have devastating consequences for ordinary users.
If you don’t want the daily anxiety of “mistyping, losing, or having your 24-word recovery phrase stolen,” while still wanting the freedom to trade and manage your finances on-chain, the most straightforward solution in the industry that balances security and ease of use is to switch to Binance Web3 Wallet.
I. Why do we recommend Binance Web3 Wallet as a starting point for newcomers?
To address the pain points of traditional on-chain wallets—“high barriers to entry, easy to lose, and cumbersome to use”—Binance Web3 Wallet has been greatly optimized in both its underlying design and user experience:
II. Read this before getting started: Exclusive new-user benefits and registration instructions
Many newcomers ask: Are a Binance account and a Binance Web3 Wallet the same thing?
Simply put, a Binance account is your master key, while Binance Web3 Wallet is a dedicated, separate vault built into the Binance app. It lets users freely access the Web3 world, manage assets, swap across chains, and use DApps—all in one place.
Path: Binance app → 【Wallets】→ switch to 【Web3】→ Create a wallet
First, register a Binance account and complete basic identity verification (KYC). Once you log in to the app, you can activate Web3 Wallet for free with one tap.
Register now through the exclusive channel and you can also claim exclusive benefits for new users:
🎁 Exclusive registration link:
https://jump.do/zh-Hans/xlink-proxy?id=3
(Invitation code: aicoin668, enjoy a 10% rebate)
Binance Alpha events:
You can also use the wallet to participate directly in the latest popular, high-quality projects’ Alpha token launches and early airdrop campaigns.
For example, an upgraded blind-box airdrop went live yesterday at 5 p.m.:
https://www.aicoin.com/article/554727.html
There are also a series of trading competitions:
III. Step-by-step guide: Set up your Binance Web3 Wallet in 3 minutes
Step 1: Register, verify your identity, and log in to the app
1. Click the exclusive link below to register an account, then complete basic identity verification (KYC) as prompted;
https://jump.do/zh-Hans/xlink-proxy?id=3
(Invitation code: aicoin668, enjoy a 10% rebate)
2. Download and install the official Binance app, then log in to the account you just registered.
Step 2: Activate your Web3 Wallet in the app with one tap
Open the Binance app → 【Wallets】→ switch to 【Web3】→ Create a wallet
Step 3: Complete encrypted cloud backup (the key step to prevent loss)
📝 Backup process
Tap 【Back up now】
Enable cloud storage access (iCloud / Google Drive)
Set a recovery password (be sure to remember it)
The system completes the backup to the cloud
Summary: The key to asset security is a “layered defense”
As CZ reminds us, no single piece of physical hardware is absolutely unbreakable. The best way to manage assets is to sensibly separate large holdings from funds used for everyday transactions.
Taking action is one of the best ways to reduce risk.
Register and verify your identity now using the link below to claim new-user perks and start your truly hassle-free, low-barrier Web3 journey:
👉 Binance registration link:
https://jump.do/zh-Hans/xlink-proxy?id=3
(Invitation code: aicoin668, enjoy a 10% rebate)
Join our community to discuss and grow stronger together!
Official Telegram community: https://t.me/aicoin_support
AiCoin Chinese on X: https://x.com/AiCoinzh
Binance perks group:
https://www.aicoin.com/link/chat?cid=gmLgwvKD1
Risk warning: This article is for educational purposes only and covers crypto asset security. It does not constitute investment or asset management advice. Crypto asset prices are highly volatile and investing involves risk. Please make informed decisions based on your own circumstances.