If you're starting out on Binance and don't understand wallets, this will help you:

Many people enter the app and see various options and don't know what each one is.

I'll break it down simply:

Spot
This is where you buy and store your cryptos.
It's the basics and where you should start.

Futures
This is for more advanced traders.
It works with leverage, and without experience, it's easy to lose money.
If you're just starting, it's better to avoid it.

Earn
This is like a savings account.
You leave your cryptos, and they generate a small yield.

Funds
This is used for P2P and for moving money within the platform.

The important thing at the beginning: Don’t try to do everything at once.
Understand Spot well and then move on.
If you're starting out and feeling lost, it's more common than it seems.
I'm sharing this simply; you can find me as Primer Principio Educación.