WalletConnect (WCT) is a protocol that enables secure connections between decentralized applications (dApps) and mobile wallets using QR code scanning or deep linking. On Binance, WalletConnect plays a crucial role by allowing users to interact with decentralized finance (DeFi) services and decentralized exchanges (DEXs) while maintaining full control of their private keys.
When using WalletConnect with Binance, users can connect their decentralized wallets—such as Trust Wallet or MetaMask—to the Binance DEX or Binance Web3-enabled services without needing to input private keys or seed phrases. This ensures a high level of security and convenience. By simply scanning a QR code or clicking a link, users can approve transactions directly from their mobile wallet.
WalletConnect supports multiple blockchains, making it easier for Binance users to participate in DeFi, NFTs, and other Web3 innovations. Its open-source nature and strong encryption make it a trusted bridge between wallets and dApps.
