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Decentralized applications have gained a lot of popularity since 2021 and there are many hidden reasons behind the same, the main reason being "Anonymity." If you are using a decentralized application, you do not need to share any of your data or your personal information on the platform. However, to access these decentralized applications, you need to have access to a Web3 wallet that is compatible with that dApp. For that matter, we'll now introduce you to Wallet Connect. Wondering why?

We'll find out answers to all your questions regarding WalletConnect right here in this exclusive read. So, shall we begin?

As we have discussed in the introductory part of this read, you cannot access a dApp without having a compatible Web3 wallet. However, the fact is some Web3 wallets may not be compatible with your preferred dApp and that's where Wallet Connect comes into the picture.

WalletConnet works as an open-source protocol using which you can connect your mobile crypto wallet or a Web3 wallet to a preferred decentralized application or any other crypto wallet of your choice. In short, we can say that it works as a bridge between a decentralized app/another wallet and your current wallet. Using Wallet Connect is easy and can be done by scanning the QR code and establishing a link. This helps in creating an encrypted connection between your mobile wallet and a dApp of your choice. As of today, this wallet has turned out to be a leading wallet-connecting platform in the world of Web3.

Without understanding the work mechanism of this platform, you will not be able to figure out how it works and for what purpose you can use it. Since we know that not all DApps can support all the Web3 wallets, hence, the need to develop WalletConnect emerged.

By using this platform, a developer can easily and quickly establish a connection between a crypto wallet and a decentralized application of his choice. Wallet Connect does so by utilizing a shared key between two platforms so that an encrypted connection can be established.

By knowing that WalletConnect uses strong encryption technology, you can easily process all your transactions without having to worry about the safety of your wallet and revealing your personal information in any way. Hence, we can say that Wallet Connect is highly inclined towards maintaining users' privacy and security, unlike web browser extensions.

However, there is a standard procedure that you can follow if you wish to connect any decentralized application to a wallet. However, the procedure might slightly vary depending on the wallet that you are planning to connect to. Don't worry, the process is straightforward in all cases. Before you start applying the process, you need to make sure that your wallet supports Wallet Connect.

To explain the whole process in detail, let me give you an example by helping you connect Aave and Trust Wallet using WalletConnect:

1. Go to the official website of Aave i.e. https://aave.com/

2. On the Aave website, select the "Launch App" button to proceed

3. As soon as you do so, you will see a pop-up asking you to connect your wallet

4. In this pop-up, choose "WalletConnect" to get its QR code

5. Further, you should open the Trust Wallet app on your device

6. On the Trust Wallet, choose "WalletConnect" from the "Settings" menu

7. Further, choose the "New Connection" option and then wait for the scanner to appear

8. Scan the QR code given on the Aave screen using the Trust Wallet scanner

9. Once you are redirected and the connection is successful, choose "Connect"

10. Now you are all set to interact with the dApp- Transact, Borrow, or Lend

You can also learn more about Wallet Connect by referring to the easiest methodology given at https://walletconnect.com/.

Wallet Connect comes with a wide range of features that make your crypto trading more worthwhile and more fruitful. Here is what you will get after connecting your Web3 wallet to a decentralized application using WalletConnect:

• Complete anonymity-To put it short, we can say that it is a crypto wallet that is highly secure and private. While using this platform, your private keys are not exposed to the connected dApp. Also, you are given the option to authorize different transactions.

• Great User Experience- Wallet Connect has completely revolutionized the method of how cryptocurrency traders used to transact in earlier times. By using Wallet Connect, users will have a seamless experience on the platform and most importantly they will be able to use all the navigation options very smoothly. There are multiple pre-installed features in it that make your experience even more secure. Yes, Wallet Connect also allows you to check your transaction history, go through real-time balance updates, and access the ENS profile. 

• High compatibility- There are more than 170 crypto wallets that allow you to connect to WalletConnect. Yes, that's true. The platform shares high compatibility with wallets such as Argent Wallet, BitPay, Gnosis Safe, imToken, MetaMask, Trust Wallet, MyEtherWallet, SafePal, and Unstoppable Wallet.

If you are someone who enjoys trading without revealing any personal details on any platform and would like to enjoy more decentralization, then Wallet Connect is the only place where you'd find peace. Use it as a bridge to connect Web3 wallet and decentralized applications without any hurdle. And the best part is, it works both on mobile devices as well as desktops. Soon, WalletConnect will be launching its decentralized messaging app allowing users to have a one-on-one conversation with each other.