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Last updated 2026-11-05

Binance App Wallet

Binance Wallet inside the Binance app is a self-custody wallet. This section covers only what you need to use it with Bitgold Network: set it up, back it up, add chain ID 618, import a token, and send or receive BTG.

What it is

The app wallet is not your Binance exchange account. The exchange holds balances for you; the wallet holds keys for you. A transfer between them is an on-chain transaction, and the wallet's recovery rules are different from an exchange login.

The app wallet supports two kinds of account:

  • Keyless wallet. MPC splits the key into three shares, stored across your device and a cloud backup. You approve with Binance account security and, depending on the method, a recovery password or biometrics. There is no seed phrase to write down.
  • Imported wallet. You bring an existing seed phrase or private key into Binance Wallet. That phrase is the wallet; if it leaks, the funds are gone, and Binance cannot restore it.

Both are self-custody. Binance cannot reverse a transaction or reset a lost wallet key for you.

The browser extension is a separate wallet

The Binance Wallet Extension has its own onboarding, recovery material, and network list. Adding Bitgold on the phone does not add it in the extension. Use Binance Extension Wallet for the browser client.

What this section covers

  1. Set Up and Back Up — create a keyless wallet or import one, back it up, and test a restore.
  2. Add Bitgold Network — add chain ID 618 in the mobile app.
  3. Add a Custom Token — import a token by contract address.
  4. Send and Receive BTG — move BTG with the right network selected.
  5. Sent on the Wrong Network? — trace a transfer that used another chain.

What you need

  • The Binance app from the official store, with the wallet feature available in your region.
  • A Binance account with MFA set up.
  • Binance Wallet app version 3.9.0 or later for custom networks.
  • The Bitgold network parameters: chain ID 618, symbol BTG, RPC https://mainnet1.bitgold.network, explorer https://www.bitgold.live.
  • A small amount of BTG for gas before you send anything.

The recovery password is not recoverable

If you choose a backup method that uses a recovery password, Binance does not store it. Losing it means losing that key-share and access to the wallet. Store it separately from the device and from any seed phrase.

A note on the screenshots

The screenshots in this section come from Binance's official Binance Wallet help pages and are used as examples. Where a form shows Bitgold values, the fields were edited for this guide and the caption says so. Interface labels change between versions; follow the concept as well as the wording.

Next step

Start with Set Up and Back Up, then add the network in the app.