Binance Wallet Launches Web3 Loan — On-Chain Crypto Borrowing Now Live

Binance Wallet has just unveiled a major upgrade called Web3 Loan — a new on-chain borrowing feature that lets users access liquidity directly using their crypto as collateral without leaving their wallet.

This means Binance Wallet users can now borrow assets like stablecoins or cryptocurrencies on decentralized protocols, tapping into liquidity while keeping their existing positions intact — a powerful feature for traders and builders looking to manage risk, fund trades, or seize opportunities without selling holdings.

What’s New:

Web3 Loan lets users put up crypto collateral on-chain and borrow other assets directly through decentralized finance (DeFi) protocols — no centralized order required.

The feature lives on the Web3 Earn page inside Binance Wallet, blending self-custody convenience with DeFi power.

It expands Binance Wallet from being just a place to store and send crypto into a DeFi financial hub where users can borrow, earn, and participate in advanced financial strategies.

Why This Matters:

Liquidity Without Selling: Users can unlock immediate funds without liquidating long-term positions.

DeFi Access for Everyone: Brings decentralized borrowing straight into a mainstream wallet — lowering barriers to entry.

Strengthens Binance Wallet’s Role: Positions it as a competitor in the decentralized lending space alongside other DeFi protocols.

In short, the Web3 Loan launch marks a key evolution for Binance Wallet — turning it into a powerful on-chain borrowing and liquidity tool that bridges centralized ease and DeFi innovation.