Binance provides a variety of wallet address types, including: Spot wallet: used to store spot assets Binance payment wallet: used for Binance Pay transactions Fiat wallet: used to store fiat assets Contract wallet: used to store contract transactions Assets used in Other wallets: including Margin Wallet, Savings Wallet, and Launchpad Wallet
Binance Wallet Address Type
Coin An provides multiple types of wallet addresses to meet the needs of different users. The following are the wallet address types supported by Binance:
1. Spot wallet address
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Personal spot wallet: is used to store spot Assets such as Bitcoin, Ethereum, and BNB.
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Sub-account spot wallet: The sub-account created under the main account also has its own spot wallet address.
2. Binance Payment Wallet Address (Binance Pay)
- is used for transactions through Binance Pay.
- Can be generated on mobile and desktop.
3. Fiat currency wallet address
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#Fiat currency spot wallet: is used to store fiat currency assets, such as US dollars, euros and GBP.
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Legal currency guaranteed account (legal currency other than GBP): Used to store legal currency assets of users who have completed KYC.
4. Contract wallet address
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USDT-M futures wallet: is used to store in the USDT-M contract USDT used.
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Coin-margined futures wallet (BTC, ETH, etc.): Used to store cryptocurrencies used in coin-margined futures.
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Binance Leveraged Token Wallet: Used to store assets used in Binance Leveraged Tokens.
5. Other addresses
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Margin Wallet: Used to store assets used in Binance financial products , such as current treasure and fixed term treasure.
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Savings Wallet: Used to store assets used in Binance Savings.
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Launchpad Wallet: Used to store assets purchased for tokens on Launchpad.
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