What is WalletConnect? | How Do Bitcoin and Crypto Work? | Get Started with Bitcoin.com (2024)

FAQs

Does WalletConnect work with Bitcoin? ›

WalletConnect establishes a secure connection between your Bitcoin.com Wallet and ABC Finance, allowing ABC Finance to see the contents of your Ethereum Wallet.

There are a number of wallet apps on the market from a variety of vendors and with different features to choose from. We welcome you to try the Bitcoin.com Wallet, the fully self-custodial crypto wallet trusted by millions. The Bitcoin.com Wallet is what's known as a 'software wallet'.

Use the multichain Bitcoin.com Wallet app, trusted by millions to safely and easily send, receive, buy, sell, trade, and manage the most popular cryptocurrencies. You can also connect to thousands of decentralized applications (DApps), from games to financial derivatives.

This can take anywhere from five minutes to an hour, depending on the Bitcoin network. Here are factors that affect the speed of Bitcoin transactions: Miner's fee.

Trust Wallet is the best Bitcoin wallet for Android and iOS phones, moreover the wallet app is a multi coin crypto wallet so instead of downloading only a Bitcoin wallet, you'll be able to store many types of crypto coins and tokens with Trust Wallet.

Use the multichain Bitcoin.com Wallet app, trusted by millions to safely and easily send, receive, buy, sell, trade, and manage the most popular cryptocurrencies.

You can use this app to securely buy, sell, swap and stake crypto. This app also serves as an exchange where you can manage your crypto. However, to store your crypto and own your private keys, you need to transfer the tokens from this app to Crypto.com's DeFi Wallet app.

Unlike a centralized custodian on the Crypto.com App, you have complete ownership of your crypto when they are stored in the Crypto.com Wallet. You do not need a Crypto.com account to store, send and receive crypto in the Crypto.com Wallet.

You can pay via credit card, debit card, bank transfer with fiat currency, and some services also accept Paypal.

You can find your Bitcoin address by tapping Bitcoin from the app's home screen, then hitting the "Receive" button on the toolbar of your Bitcoin (BTC) asset view screen. If you have multiple Bitcoin wallets, select the wallet you want from the drop-down menu at the bottom of the asset view screen.

Can you withdraw from Bitcoin com to bank account? ›

Once you've sold your bitcoin cash into local currency, you can withdraw that currency to your bank account. The typical flow is as follows: Visit a cryptocurrency exchange like the Bitcoin.com Exchange or choose from this list of top exchanges. Create an account and verify your identity as required.

Once you've purchased your cryptocurrency, you'll need somewhere to hold it. While you could choose to leave it on a crypto exchange in a custodial wallet -- which means you don't fully own the asset, but instead you're trusting the company to hold it for you -- the better option is to move it into a wallet you own.

You can buy a range of cryptocurrencies from the Bitcoin.com website using your credit/debit card or other payment method (Apple Pay, Google Pay, etc.). When you buy crypto from our website, you'll need to decide where to receive it. This means you'll need to input an appropriate crypto address when prompted.

WalletConnect supports the Ethereum, Cosmos, Polkadot, Near, Solana, and Celo chains, but not the Binance Smart Chain. WalletConnect is even capable of connecting a wallet to different chains at the same time.

As for your inquiries, we don't support WalletConnect but we have other ways to connect. Please refer to our Coinbase Wallet SDKs, we have both web and mobile. Also, if you are looking for a Coinbase compatible aggregator library, you can use Wagmi (headless - build your own UI) or RainbowKit (has a UI - both for web).