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Is Binance DeFi Wallet works like a ledger?

Binance

Cryptocoins Exchanges / Binance 64 Views

I presently have one ledger and I’m trying to diversify my holdings by storing to a unique pockets.

I simply opened a Binance DeFi Pockets and just saved the 12 phrase phrase they gave me. Does this function like a ledger?

If Binance closes down hypothetically, I can entry to my crypto holdings to that pockets as lengthy I've my 12-word phrases, right?

submitted by /u/AlternativeUnfair
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