🔐 Binance Wallet vs Decentralized Wallet — Which is Better?
Today I wanted to share my opinion on the difference between the Binance wallet and decentralized wallets, as many new traders confuse them:
✅ Binance Wallet (Custodial Wallet)
Easy to use and suitable for beginners
Strong security as the platform provides an advanced security system
You can trade and transfer quickly within the platform
Binance controls the private keys — so it is simpler
🔓 Decentralized Wallet (DeFi Wallet)
You alone own the private keys (no intermediaries)
Full freedom to control funds and smart contracts
Works with DeFi platforms – like swaps, farming, DApps
Requires stronger knowledge as it relies entirely on you
🎯 Summary:
The Binance wallet is suitable for daily traders,
While the decentralized wallet is suitable for those who want more freedom and full control over their assets.
