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What is the Web 3 Wallet?

Web 3 Wallet

What is the Web 3 Wallet?

Last updated on 02 Jun, 2026

The Bancoli Web 3 Wallet is a self-custodial USDC wallet inside your Bancoli account.

It lets you send and receive USDC on selected EVM-compatible blockchain networks. Because the wallet is self-custodial, you control the wallet keys. Bancoli does not hold your private keys.

Key facts

  • Supported token: USDC

  • Supported networks: Base, Optimism, Ethereum, Arbitrum, and Polygon

  • Custody model: self-custodial

  • Gas fees: sponsored by Bancoli for supported transfers, subject to limits

  • Security: outgoing transfers require the required wallet authentication and approval flow

How to get started

  1. Log in to your Bancoli account

  2. Go to Accounts → Web 3 Wallet

  3. Set up Coinbase 2FA (one-time setup)

  4. You're ready to send and receive USDC

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