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How to Migrate Your Assets from Binance Wallet to Trust Wallet
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摘要
Learn how to migrate your assets from the Binance Extension Wallet to the Trust Wallet Browser Extension. This step-by-step guide will show you the simple process, as well as answer some common questions.
In this guide, we’ll show you the simple process of migrating your crypto and NFTs from the Binance Extension Wallet (BEW) to the Trust Wallet Browser Extension. Support for the Binance Extension Wallet is being discontinued, so it’s important that you migrate as soon as possible. Before we get started, let’s have a quick look at what Trust Wallet is and some of the key benefits of migrating your assets.
What is Trust Wallet?
Trust Wallet, available as a mobile app and Chrome Extension, is a simple-to-use, self-custody crypto wallet and gateway to Web3 for people who want to fully own, control, and leverage the power of their digital assets. Trust Wallet allows you to store and manage your crypto and NFTs, buy, sell, and stake crypto to earn rewards, access dApps securely and much more—all in one place.
Benefits of migrating your assets to Trust Wallet
Flexibility – more assets & networks supported
Trust Wallet Browser Extension: Support for 10M+ assets across multiple blockchain networks including Bitcoin, Ethereum & all EVM, Solana, Cardano, BNB Beacon Chain & BNB Smart Chain, Cosmos, Polkadot, Algorand, Base and many more.
Binance Extension Wallet: Supports Ethereum, BNB Beacon Chain & BNB Smart only.
Easier to use – manage assets with ease
Trust Wallet Browser Extension: View and manage all your assets seamlessly. No need to switch networks or use multiple wallets.
Binance Extension Wallet: View assets on one network at a time. You need to switch networks to view more assets.
More options – Explore thousands of Web3 dApps
Trust Wallet Browser Extension: With many more blockchains supported, it’s easy to explore dApps seamlessly across ecosystems.
Binance Extension Wallet: Limited network/dApp support.
More in-app features
Trust Wallet Browser Extension: In addition to exploring more dApps, you can earn crypto seamlessly via the extension, enjoy a more feature-rich NFT experience, access developer settings, and much more.
Binance Extension Wallet: In-app features are limited.
More flexibility when buying crypto
Trust Wallet Browser Extension: Buy assets including BTC, ETH, SOL, BNB, BCH, DOT and many more via more third-party providers, which include MoonPay, Ramp, and more.
Binance Extension Wallet: You can only buy a few crypto assets via MoonPay.
Get updates
Trust Wallet Browser Extension: Regular security and feature updates.
Binance Extension Wallet: Will not have regular security and feature updates because the app is being discontinued.
On top of these benefits, Trust Wallet has a world of features that make exploring Web3 safe and simple. Connect your hardware wallet, manage multiple wallet addresses, and much more. Plus, new features are added to the Trust Wallet Browser Extension regularly. Learn more about the Trust Wallet Extension here.
Migrating your assets from the Binance Extension Wallet (BEW) to the Trust Wallet Browser Extension
This migration guide will cover three key parts of migrating your assets.
Installing the Trust Wallet Browser Extension
Obtaining your secret phrase (seed phrase) from the Binance Extension Wallet
Importing your secret phrase (seed phrase) into the Trust Wallet Browser Extension
Note: Trust Wallet has both a mobile app and browser extension – and you could use either to migrate your assets. In this example, we’ll import the secret phrase from your BEW over to the Trust Wallet Extension.
Let’s get started!
1. Install the Trust Wallet Browser Extension
Be sure to install the latest version of the Trust Wallet Browser Extension if you haven’t already. Then proceed to the next step.
2. Obtain your secret phrase (seed phrase) from the Binance Extension Wallet (BEW)
Note: Do not share your secret phrase with ANYONE, even customer service agents!
Open the BEW and enter your password to unlock the wallet.
Select your account icon in the top right corner.
Choose “Settings”.
Note: We encourage you to do these steps in a secure location in order to protect your seed phrase.
Choose “View Seed Phrase”.
Enter your password and select “Next”.
Note down your seed phrase or copy it for the next step.
3. Import your secret phrase into the Trust Wallet Browser Extension
Now that you have your secret phrase (seed phrase), it’s time to enter it into your Trust Wallet Browser Extension.
Open the Trust Wallet Browser Extension.
Create a secure password.
Paste in your seed phrase (secret phrase) and select “Next”.
Follow any remaining instructions and then open your wallet when promoted.
And that’s it! You’ve migrated your assets from the Binance Extension Wallet to the Trust Wallet Browser Extension.
Frequently asked questions
Is the Trust Wallet Extension the new version of the Binance Extension Wallet?
No, the Trust Wallet Extension is a totally different product. We highly encourage you to migrate your assets as soon as possible to ensure you can continue to safely access and use them.
Can I connect a hardware wallet to the Trust Wallet Extension?
Yes, you can connect a hardware wallet to the Trust Wallet Extension. For more information on how to connect your hardware wallet, check out this support article.
Does Trust Wallet have the same features and functionality as the Binance Wallet?
The Trust Wallet Browser Extension has similar features to the Binance Wallet, plus many more. It supports more blockchains, allows you to earn on your crypto via third-party providers, manage your NFTs and much more. Learn more about the Trust Wallet Extension here.