Digital wallets store funds and enable transactions. Wallet exchange converts currencies within the wallet, while wallet transfer sends funds to another wallet using email. Security measures include two-factor authentication and email verification. Benefits include convenience, accessibility, speed, and lower fees.

For Binance Pay ID, log in to Binance, get your Pay ID, provide it to the sender, and confirm the transaction in your Binance Pay balance. For BNB Chain, log in to Binance, select BNB, choose the BNB Chain (BEP-20) network, copy the deposit address, initiate the transfer, and confirm the transaction in your Binance wallet. Ensure you select the correct network and addresses.

For Binance Pay ID, log in to Binance, navigate to Binance Pay, enter the recipient's Pay ID, specify the amount, and confirm the transaction. For BNB Chain, log in to Binance, select BNB, choose the BNB Chain (BEP-20) network, enter the recipient's address, specify the amount, and confirm the transaction. Ensure you select the correct network and addresses.

When you share your referral link with a friend and they join, you'll receive $5, and your friend will receive $45. This incentivizes both you and your friend to participate, rewarding you for bringing new users to the platform.