The following is a detailed analysis of Binance Wallet's registration information, service content, and business background, based on publicly available web information and official materials as of April 21, 2025.
Binance Wallet is a cryptocurrency wallet service developed by Binance Inc., so its registration information needs to be understood by the registration status of Binance Inc. Research shows that Binance was founded in 2017 and was initially registered in China, but due to the Chinese government's ban on cryptocurrency trading in September 2017, Binance moved to other countries. According to Wikipedia, Binance has had headquarters in Japan and Malta, but currently has no official headquarters. However, Binance has registered legal entities in several countries, including:
Italy: registered on May 27, 2022.
Spain: Registered in July 2022.
Sweden: Registered in January 2023.
These registrations reflect Binance's operational strategy as a global company, designed to adapt to the regulatory environment in different countries. It is important to note that Binance Wallet itself is not a separate legal entity, but a service provided by Binance, so its registration information is consistent with that of Binance Company. The specific registered address is not explicitly disclosed in the public profile, but the countries mentioned above are the legal places of registration of Binance.
Details of
the serviceBinance Wallet provides the following core services to provide a safe and convenient asset management solution for cryptocurrency users
: Support for multiple blockchain assets: Binance Wallet supports over 1000 tokens and tokens across more than 20 blockchain networks, including Bitcoin, Ethereum, BNB Chain, and more. This feature is confirmed in the Binance official website, for example, the Binance Wallet official website mentions the support for multi-chain asset management, which makes it easy for users to transfer funds between different networks.
Atomic Swap: Supports peer-to-peer (P2P) swaps between different blockchains, allowing users to swap assets directly without the need for third-party intermediaries.
Staking: Users can stake a variety of crypto assets in Binance Wallet to earn yields, such as through BNB Chain's staking feature.
Buy: You can use your bank card to buy 18 of the most popular crypto assets, including Bitcoin, Ethereum, and more.
Manage: Allows users to manage all crypto assets on a single platform, supports viewing price charts, asset portfolios, and provides compatibility with multiple operating systems (Windows, iOS, Android, MacOS, etc.).
Additional features: Enhance the user experience with dApps browser, offline push notifications, price alerts, transaction status tracking, and refund functionality, among others.
These services are designed to provide a comprehensive cryptocurrency management solution for beginners to advanced users, with an emphasis on security, privacy protection, and convenience. Binance Wallet is a semi-custodial wallet where users' private keys and backup phrases are stored encrypted on the local device, ensuring the security of assets, while further enhancing security through multi-party computation (MPC) technology.
Corporate Background &
DevelopmentBinance is one of the world's largest cryptocurrency exchanges, founded in China in 2017 by Changpeng Zhao (CZ). The company's initial goal was to provide a secure and convenient cryptocurrency trading platform for users around the world. With the rapid growth of the business, Binance has become an industry leader, currently serving more than 185 million users in more than 180 countries and regions, supporting the trading of more than 350 cryptocurrencies.
Binance's history includes:
2017: The company was founded and quickly became the world's largest cryptocurrency exchange.
2018: Expanded its ecosystem with the launch of Binance Chain and BNB tokens.
2019: Launched Binance Smart Chain (BSC) to support smart contracts and DeFi applications.
2021: Launched Binance Web3 Wallet, further enhancing users' asset management capabilities in DeFi and multi-chain environments.
With a mission to "connect the world through blockchain technology," Binance is committed to driving cryptocurrency adoption and financial inclusion. The company places a high value on user privacy and security, offering key features without the need for KYC (Know Your Customer) verification. Binance's native token, BNB, plays an important role in its ecosystem for trading fee discounts, staking rewards, and other services.
However, Binance also faces regulatory challenges. For example, the UK's Financial Conduct Authority (FCA) asked Binance to cease all regulated activities in the UK in June 2021. In addition, Binance pleaded guilty in a U.S. federal court in November 2023 for money laundering, unauthorized money transfers, and violations of sanctions regulations, paying a hefty fine
