Binance Wallet adds support for multiple keyless wallets under one account

Binance rolled out a wallet update on Monday, Dec. 1, 2025, that lets users create and manage multiple keyless wallets from a single account, expanding its multiparty‑computation (MPC) “seedless” setup beyond one‑wallet‑per‑user. 

The feature aims to give power users and newcomers a simpler way to segment activity while keeping self‑custody and recovery flows consistent across wallets.

According to Binance, the release enables up to five keyless wallets per account. Each wallet can be named and assigned an avatar, and all are visible in a consolidated My Wallets dashboard inside the Binance App. Setup is designed to be one‑tap: users authenticate with their device passkey, after which the app provisions a new MPC wallet without generating or storing a traditional seed phrase.

The update keeps Binance’s keyless architecture intact. Under the MPC model, key shares are split across the user’s device, the cloud, and Binance, reducing single‑point‑of‑failure risk and removing the need for users to back up a seed phrase. Binance says the design preserves user control while providing familiar recovery options if a device is lost.

How it works

• Update the Binance App to version 3.6.0 or later.
• Open Binance Wallet → Assets → My Wallets → Add Wallet → Create Keyless Wallet.
• Confirm with the device’s passkey; the new wallet is created and managed alongside existing ones.

The company noted that multiple keyless wallets can also be accessed via the Binance Wallet browser extension, once updated to version 1.3.0 or later. Creation of new keyless wallets, however, is limited to the mobile app. As before, users can export any wallet—including keyless wallets—using Binance’s standard export flow.

For active Web3 users, multiple wallets help separate use cases (DeFi, NFTs, testing, and long‑term holdings) and reduce cross‑contamination risks from permissions. Extending MPC keyless controls to several wallets under one account allows that separation without introducing different backup schemes or recovery steps for each address.

Notes and limits

• Maximum of five keyless wallets per account.
• Keyless creation is app‑only; the extension supports login/use after creation.
• The announcement cautions that translations may vary; the English version is the reference for exact wording and requirements.

Binance positions the expansion as part of a broader push to make self‑custody easier for mainstream users by replacing seed‑phrase management with passkey‑based flows while maintaining auditability and export options for those who need them.

Earlier, GNCrypto manually tested Binance’s spot trading: in a $200 BTC/USDT trial, orders filled instantly with negligible spreads, and the advanced terminal offered full pro tools. With 500+ assets, deep liquidity, and fees from 0.1% (lower with volume/BNB), Binance remains a market leader by spot share (~41%). Caveats: some features vary by jurisdiction, and public audits remain limited.