Binance, the world’s largest Bitcoin exchange and cryptocurrency, has announced a new initiative aimed at benefiting users of Web3 integrated wallets.swap) Created via Binance Wallet will be exempt from transaction fees. This change will take effect until September 17th, 2025 for the next six months. This measure came into effect at 08:00 UTC.
This announcement details the removal of this fee Applies only to swaps performed via integration functions of Binance Wallet. This means that users can turn digital assets between different cryptocurrencies, provided they do so from their official platform wallets, without incurring additional costs of transactions.
However, Binance makes it clear that gas rates inherent in the operation of the underlying network continue to be applied when necessary. Similarly, this promotion does not include operations performed via third-party distributed applications (DAPP), but is specified to be limited to wallet native tools.
To participate in this promotion, users must meet certain technical requirements. The operation must be performed Use directions without keys (Keyless Address) generated and backed from scratch Binance wallet. Imported wallets, that is, wallets manually added by existing keys from other platforms or services, are not eligible for fee gratuities.
Binance warns that promotions can be adjusted or terminated earlier than expected in the event of exceptional conditions. The specific limitations of available exchange pairs are not detailed, but the amplitude of the term «all swap»This suggests that all options offered in your wallet are included if established conditions are met.
As reported by Cryptooticias, Wallet Web3 Binance, launched in 2023, presents a unique technology design based on encryption. Unlike traditional wallets, access does not rely on seed phrases, but rather uses multipartite computing (MPC) or recovery using three fragments of the cloud and private key stored on the user’s device.
These wallets, called wallet MPCs, Divide the private key into encrypted parts that are integrated into encrypted passwordshow to replace a unique phrase model.
Vinance wallets are compatible with networks such as Bitcoin, Ethereum, BNB chains, and unlike other wallets such as other wallets such as trust wallets that operate via wallet connect integrated into an internet browser, they can work with defi and dapps protocols directly and over native connections.
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