• Wallet💎"Connect - Binance Academy

  • One of the many aspects of cryptocurrency trading is finding out a platform through which you can connect to decentralized applications. Therefore, to help users with the same, one platform came up with its services allowing users to make sure that they are able to connect to the dapps directly from their mobile phones. Yes, we are talking about WalletConnect which allows you to connect to the dapps from the mobile wallets that you have installed and have been using on your mobile device. This also provides a secure space for the users who consider safety as their priority and is a far better option than wallet extensions or desktop wallets.

  However, only knowing this much is not enough. We also need to make thorough research about the same. So, the sections given below would help you in this endeavor. What is WalletConnect and how does wallet connect work?

  It is an open-source protocol that lets all the users connect the supported decentralized apps to the mobile wallets that you are actively using. They provide different methods to establish this connection i.e. one could either do this by scanning the QR code or by using the deep linking technology. Now, comes the question of how this wallet works. But, before that, you'll be glad to know that it does not run on any blockchain and therefore does not charge you any fee.

  In order to start using this wallet, you can simply navigate to their website and get started with using this protocol in just a few minutes. Well, this platform is not available for use through the app but through its protocol and this protocol is already being supported by a wide range of decentralized applications. And this protocol is available for the users of Android as well as iPhone users.

  Moving on, let us now understand how to use WalletConnect. How to use WalletConnect?

  In order to use WalletConnect and its features you first need to install a supported mobile wallet on your device first. Once you have downloaded the wallet, thereafter you can connect it to any of the dapps. To start here is what you need to do:

  1. To begin, you first need to download a compatible wallet e.g. Bridge wallet

  2. After setting up the wallet, open your web browser and then open the website that you wish to connect

  3. For example, if you wish to connect to Uniswap, open its website- app.uniswap.org

  4. Now, on top of Uniswap's website, please click on the Connect to a wallet option

  5. When the list opens, you need to select the "WalletConnect" option

  6. This shall open a QR code on your screen which you need to scan with the Bridge wallet app

  7. Finally, you can start using WalletConnect in the Bridge wallet

  8. For this, open the Bridge wallet app and then select "Settings"

  9. Followed by this, please click on the WalletConnect" option and choose "Scan"

  10. As soon as you scan the QR code, you'll be connected How do you download WalletConnect?

  Well, there is no such option as WalletConnect download. This is because this is protocol and not downloadable software or the application. In order to use it, you can download a compatible mobile-friendly wallet application on your device and then connect your wallet with a decentralized app using this protocol. In the previous section, we have already mentioned the details about using WalletConnect. How to connect Coinbase wallet to WalletConnect?

  In order to use WalletConnect Coinbase, you can use the Coinbase SDK and connect it with any of the wallets of your choice. Although there is no direct method to achieve the same, therefore you do not need to trouble yourself a lot. Instead, we suggest you use any of the WalletConnect compatible wallets and use the features of this protocol without undergoing any hassle. The list of such wallets has been given below.

  WalletConnect compatible wallets

  Here is the list of some popular wallets that can be easily connected to the WalletConnect protocol allowing you to access different decentralized apps:

  • • MyEtherWallet

    • Rainbow wallet

    • SafePal Wallet

    • MetaMask wallet

    • Math Wallet

    • Trust wallet

    • imToken

    • CYBAVO

    • ONTO

    • MyCrypto

    • Minerva Wallet

    • Pillar

    • MetaX and more