According to an official announcement: Exciting Additions and Enhancements to Binance Web3 Wallet
Binance Web3 Wallet has undergone a series of enhancements to improve users' experience, broadening the range of Inscriptions offerings and enhancing Bitcoin address functionalities. Notable updates include ARC-20 and Taproot support, network integrations, and the addition of 35 DApps.
The new and improved Binance Web3 Wallet aims to simplify your dealings with the decentralized web, strengthening its functionality as a comprehensive tool for all your digital asset needs.
1. ARC-20 Integration
Notably, we've introduced ARC-20 tokens to the Binance Inscriptions Marketplace as the third supported standard, alongside BRC-20 and EVM tokens. ARC-20 tokens enable the creation of fungible tokens manageable on the Bitcoin blockchain, enhancing security and tracking capabilities for Bitcoin-compatible addresses.
2. Zero-Fee Trading Promotion
To mark the new ARC-20 integration, we're offering zero-fee trading on ARC-20 tokens until June 2, 2024. This promotion aims to invite new users to the platform and offer extra value to our current community.
3. Taproot Support
Another significant update to the Binance Web3 Wallet is Taproot support, enabling seamless switching between Taproot and Native SegWit addresses. This enhancement enriches the management of your BTC wallets while providing more user options.
4. Network Integrations
To extend the reach of our wallet, we've added several new networks. These additions diversify the functionality of the Binance Web3 Wallet, providing users with easier access to different blockchain networks.
5. Discover Page Revamp
To enhance user navigation, we have revamped the Discover page, grouping the various Web3 services and features for intuitive accessibility.
6. Increased DApp Accessibility
Lastly, we have broadened user access to the decentralized web by integrating 35 new DApps into the Binance Web3 Wallet, enriching user access to the Web3 ecosystem.