Today, I really experienced the convenience of Binance web3 wallet. I bought a new phone and reinstalled Binance APP. I was a little worried that there would be trouble in transferring the web3 wallet inside. Unexpectedly, the process was very smooth. I chose local backup at that time, backed up the QR code, opened the Binance APP on the new phone, scanned the QR code, entered the recovery password, and everything was OK. It was really simple and comfortable.
The reason why I chose local QR code backup at that time was mainly because I was worried that saving it to Google Cloud might leak due to the theft of Google account, and Google account is also unstable, and it may be blocked if you are not careful, and sometimes Google Cloud is not easy to connect in some areas. In short, I always feel uneasy to save the private key to Google account. I think the Binance wallet team might as well do a good thing to the end, and simply set up Binance Cloud to synchronize and save private keys for everyone. What do you think?
I guess that Binance does not make its own cloud disk and backup and synchronize it for everyone, which may involve compliance issues. After all, no one wants to touch the user's private key. But I really dare not back up the private key to Google Cloud Disk. I feel that it is equivalent to giving it to hackers. It should not be difficult to crack a Google mailbox. Moreover, this wallet is embedded in the Binance APP and is closely linked to the Binance exchange account, which is too risky. I don't understand the technology and rules, so I'm just talking nonsense. Welcome to criticize me.
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