What Is WalletConnect and How Does It Work? (2024)

How Do I Connect to a dApp With Walletconnect?

In order to use WalletConnect, follow the below steps:

1. Install a Supported Wallet: Before you use WalletConnect, you must install a supported wallet. Popular decentralized wallets supported by WalletConnect include:

2. Click ‘Connect Wallet’ and Choose ‘WalletConnect

3. Scan QR Code: Using your mobile wallet (ios or Android) app’s camera, scan the QR code displayed on the dApps.

4. Accept Connection Request

And voila! You have now connected your crypto wallet to a dApp! Make sure to disconnect your wallet when you have concluded your business.

In addition to DeFi dApps, WalletConnect is also available on a wide range of non-fungible token (NFT) marketplaces like OpenSea and LooksRare.

Is WalletConnect Secure?

WalletConnect is considered a secure way to connect to dApps for the following reasons:

  • WalletConnect offers secure, private, and encrypted connections between self-custody wallets and dApps.

  • Extra measures, such as push notifications and decentralized messaging capabilities, make it difficult for hackers to gain access to a wallet.

  • Private keys are stored within your wallet, which prevents them from being exposed to a protocol.

  • WalletConnect does not store your data on its servers.

  • WalletConnect is an open-source protocol with an engaged community

What Is WalletConnect and How Does It Work? (2024)

FAQs

What is wallet connect and how does it work? ›

WalletConnect offers encrypted connections, push notifications, and decentralized messaging for enhanced security, ensuring private keys remain within the user's wallet. To connect with WalletConnect, your Web3 wallet must be supported by the protocol. Connecting to a dApp is simple as you only need to scan a QR code.

Is wallet connect legitimate? ›

The website that you are interacting with is likely a scam website. WalletConnect will never ask for your private key or wallet's seed phrase. The only legitimate WalletConnect website is https://walletconnect.com/.

How do I use WalletConnect on my phone? ›

How to use WalletConnect
  1. 1: Open a web app. Open your browser and go to the website of the application that you want to use. ...
  2. 2: Choose WalletConnect. ...
  3. 3: QR code. ...
  4. 4: Open WalletConnect in your mobile wallet. ...
  5. 5: Approve the request. ...
  6. 6: You're connected! ...
  7. 1: Open a web app. ...
  8. 2: Choose WalletConnect.
Sep 29, 2020

What is WalletLink? ›

WalletLink Description

WalletLink allows users to connect their mobile crypto wallets with your DApp.

Is connecting wallet safe? ›

Is WalletConnect safe? It's safe in the sense that it establishes a secure (encrypted) connection, with your approval, between your Bitcoin.com Wallet and the DApps of your choosing. It also requests your approval for any transactions and never gives DApps access to your private keys.

Which wallets use wallet Connect? ›

Top 15 WalletConnect Compatible Wallets
  • Ledger Live. A hardware wallet, Ledger Live's USP is that it saves one's private keys offline and keeps them safe. ...
  • MetaMask. ...
  • Trust Wallet. ...
  • Math Wallet. ...
  • Argent Wallet. ...
  • Gnosis Safe. ...
  • Bybit Web3 Wallet. ...
  • Rainbow.
Jul 26, 2024

Does wallet connect charge fees? ›

We will not charge you for the use of our Services. Third-Party Applications or other third parties may, however, charge you for products and services provided to you that make use of our Services.

Is wallet connect free? ›

WalletConnect's free to use builder kits — AppKit and WalletKit — are designed to give projects everything they need to create great web3 products while working harmoniously with the WalletConnect protocol to give users unbeatable experiences from start to finish.

Who owns wallet connect? ›

Who is the founder of WalletConnect? Pedro Gomes is the founder of WalletConnect.

How do I connect to WalletConnect? ›

How to use WalletConnect?
  1. Open a compatible decentralized application.
  2. Tap on WalletConnect and scan the displayed QR Code using your wallet.
  3. Your preferred wallet will then up.
  4. Woah!! You are all ready to carry out the further activities.

How do I open a WalletConnect account? ›

Connect wallets and DApps
  1. In your browser, open the DApp. ...
  2. Now you will see a QR code, which you have to scan with your wallet.
  3. Go to your wallet on your smartphone. ...
  4. Scan the QR code with your phone.
  5. You will now be asked in the wallet if you want to allow this connection.

How to scan with WalletConnect? ›

Using the WalletConnect scan button
  1. On the “dApps” tab in the bottom right corner select the WalletConnect button. The QR code scanner will appear.
  2. Select "WalletConnect" as a connection method inside the dApp.
  3. Scan the QR code with your mobile device from step 1.

Is WalletLink safe? ›

WalletLink is open-source and uses minimal dependencies for maximum security and no code bloat.

Should I use WalletConnect? ›

Yes, it is safe. Users can conduct transactions between a DApp of their choosing and their cryptocurrency wallet via WalletConnect, which establishes a secure link. Additionally, WalletConnect won't ever give a DApp access to your private keys and will need users to approve any transactions they make.

What does the wallet app do? ›

When you tap to pay with your Android phone, Google Pay doesn't share your real credit card number with the business, so your payment info stays safe. What is Google Wallet used for? Tap to pay everywhere Google Pay is accepted, use loyalty cards, board a flight, and more, all with just your phone.

How much does wallet connect cost? ›

It is developed by the open-source developers of various wallets and dapps. There is no charge involved in using the wallet. It offers API access and the free version is available. One can easily enjoy the facility provided by this.

How does the wallet app work? ›

When you tap to pay with your Android phone, Google Pay doesn't share your real credit card number with the business, so your payment info stays safe. What is Google Wallet used for? Tap to pay everywhere Google Pay is accepted, use loyalty cards, board a flight, and more, all with just your phone.

Is wallet app safe? ›

In general, digital wallets are considered much safer than using physical credit cards, which can be more easily lost or stolen.

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