What is WalletConnect?

WalletConnect is a bridge that connects Decentralized Applications (DApps) to your web3 cryptocurrency wallet. Once you have approved a connection request from the dApp (via WalletConnect), the dApp can send transaction requests to your wallet, which you must also manually approve in the wallet. $WTC #WALLETCONEECT

Is WalletConnect safe?

It is safe in the sense that it establishes a secure (encrypted) connection, with your approval, between your Bitcoin.com Wallet and the DApps you choose. It also requests your approval for any transaction and never gives DApps access to your private keys. In other words, when you connect to a DApp via WalletConnect, it is impossible for the funds in your wallet to be spent without your approval. That said, every time you (intentionally) send crypto assets to a smart contract, there are risks (see below).