. Viewing Your Assets
Once connected, you can view your cryptocurrency balances and manage your assets directly from the dApp interface. The dApp will reflect the assets stored in your connected wallet, providing an overview of your holdings.
. Conducting Transactions
To conduct transactions such as swapping tokens or providing liquidity, follow the instructions provided by the dApp. Confirm the transaction details within your mobile wallet and approve the transaction. WalletConnect ensures that your private keys remain secure within your wallet and are never exposed to the dApp.
. Interacting with Multiple dApps
WalletConnect allows you to interact with multiple dApps without repeatedly scanning QR codes. Once connected, you can switch between different dApps and manage your crypto activities seamlessly from your mobile wallet.
. Protecting Your Private Keys
Your private keys should never be shared with anyone. WalletConnect ensures that your private keys remain secure within your mobile wallet. Always store your recovery phrase offline in a secure location.
. Enabling Two-Factor Authentication (2FA)
For additional security, enable two-factor authentication (2FA) on your mobile wallet if available. This adds an extra layer of protection by requiring a verification code in addition to your password during login or transaction approval.
. Regularly Updating Your Wallet and dApps
Keep your mobile wallet and the dApps you use updated to the latest versions. Updates often include security enhancements and new features that help protect your assets and improve functionality.
. Being Aware of Phishing Attempts
Always ensure you are accessing the official website of the dApp or using the official mobile wallet app. Be cautious of phishing attempts and avoid clicking on suspicious links or providing sensitive information to unknown sources.
. Enhanced Security
WalletConnect ensures that your private keys are never exposed to the dApps you interact with. All transactions are securely signed within your mobile wallet, providing enhanced security for your assets.
. User-Friendly Interface
The WalletConnect protocol offers a simple and intuitive way to connect your mobile wallet to dApps, making it easy for users of all experience levels to manage their cryptocurrency assets.
. Wide Compatibility
WalletConnect is compatible with a wide range of mobile wallets and decentralized applications, providing flexibility and convenience for users to choose their preferred services.
. Decentralized Trading
With WalletConnect, you can access various decentralized exchanges (DEXs) and participate in decentralized finance (DeFi) activities, such as yield farming, lending, and staking, directly from your mobile wallet.