Do I need a wallet for Binance?

Both Binance and Coinbase insure their hot storage, but it may be safer to use your own cold storage via a hardware wallet . A hardware wallet is a device that isn’t connected to the internet, and you’ll need to plug it into your computer to access your digital currency.

Read more

Does Binance have a hot wallet?

Binance.US does not provide information on an internal wallet offering, but you can keep your coins within your account on the exchange. It also partners with Trust Wallet, a third-party hot wallet option . You can withdraw your coins from your account onto your own hot or cold storage option at any time (for a fee).

Read more