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Bitcoin.com Wallet Adds DApp Gateway WalletConnect

08/10/2021 by Idelto Editor

The Bitcoin.com Team is excited to announce support for Ethereum-based DApps in the Bitcoin.com Wallet via WalletConnect. Earn interest on your cryptoassets, trade using decentralized exchanges, participate in NFT marketplaces and more.

What is WalletConnect?

WalletConnect is a bridge that securely connects DApps to crypto wallets. Once you’ve approved the connection between your wallet and a DApp, the DApp can send transaction requests to your wallet, which you must then approve or deny. You can find more information about WalletConnect here.

How do you connect to DApps in the Bitcoin.com Wallet?

Just go to any DApp website, locate the “Connect” or “Sign in” button, and select WalletConnect as the connection / sign in method. This brings up a QR code and a link.

Then, in the Bitcoin.com Wallet, tap the QR code icon on the home screen and either scan the DApp’s QR code, or paste in the link.

Once you confirm via the Wallet, you’ll be connected to the DApp. This will enable the DApp to see the contents of your Bitcoin.com Ethereum wallet and to send you transaction requests, which you both initiate (via the DApp’s website) and approve or deny (via your Wallet).

You can also connect to DApps using WalletConnect with the desktop/web version of the Bitcoin.com Wallet.

What can DApps do?

While in theory DApps can do anything traditional apps can do, the current processing restraints of decentralized networks like Ethereum mean DApps are primarily used for money-related activities. The use cases of borrowing, lending, exchange, and derivatives form what’s often referred to as DeFi (Decentralized Finance). Popular DApps in this category include UniSwap, SushiSwap, and Compound — and the Bitcoin.com Wallet supports the native tokens for all of those DApps. Recently, NFT marketplaces like OpenSea and SuperRare have become popular DApps. Here, you can buy and sell NFT-based artwork and collectibles, some of which integrate elements of gamification. You can browse through recommended DApps in the Bitcoin.com Wallet app’s Discover tab or find a comprehensive list here.

Is connecting to DApps safe?

Using WalletConnect to connect to DApps is safe in the sense that it establishes a secure (encrypted) connection, with your approval, between your Bitcoin.com Wallet and the DApps of your choosing, and it does not reveal your private key. In other words, when you connect to a DApp via WalletConnect, it’s impossible for the funds in your wallet to be spent without your approval. That being said, any time you (purposely) send cryptoassets to a smart contract, there are risks. These are outlined here.

What’s next?

Bitcoin.com, in line with its vision to support economic freedom, will be rolling out more DApp-related features over the coming months. You can register for notifications here, and follow us on Twitter and Instagram.

Bitcoin.com Wallet Adds ERC-20 Tokens

20/09/2021 by Idelto Editor

The Bitcoin.com Team is excited to announce the integration of ERC-20 tokens into the Bitcoin.com Wallet. That means anyone can now buy, sell, receive, store, trade, and send ERC-20 tokens with the convenience and security of the industry’s most user-friendly non-custodial wallet.

ERC-20 Tokens?

ERC-20 is the standard protocol for creating tokens on the Ethereum blockchain. There are over 450,000 sets of ERC-20 tokens as of 2021 and they collectively represent hundreds of billions of dollars in value. All ERC-20 tokens “live” on Ethereum, meaning they benefit from the security of the second-largest blockchain by marketcap and are composable with smart contracts.

Curated ERC-20 Support

Any and all Ethereum-compatible tokens sent to your Bitcoin.com Wallet’s Ethereum addresses are safe and secure. However, since there are hundreds of thousands of ERC-20 tokens out there, it’s not practical to display them all in the Wallet. That’s why we’re starting off by ‘tracking’ a selection of the most widely used ERC-20 tokens. For instance, when you open the wallet, you’ll now have quick access to the US dollar crypto ‘stablecoins‘ USDT and USDC. Additionally, the wallet will track five other major ERC-20 tokens at the outset. These are Uniswap, Wrapped BTC, Compound, Yearn Finance, and Sushiswap.

Lock in Profits with The Most Popular USD-Pegged Stablecoins

With USDT and USDC now supported, you can swap out of more volatile cryptoassets like Bitcoin and Ethereum to, for instance, lock in profits if you think the market is overheated. Then trade back into the coins you think are due for a run.

Buy and Sell Stablecoins With Cash

If you’re in a supported region, you can buy USDT and USDC in the Bitcoin.com Wallet using local currency (by credit card etc.). If you’re resident in the US, UK, or EU, you can sell USDT or USDC and receive local currency straight to your bank account.

Send, Receive, and Swap

The Bitcoin.com Wallet supports all other functions of ERC-20 tokens for all users. That means you can send and receive them, swap them for any of the other cryptoassets in the Wallet, and of course store them securely.

Your Cryptoassets, in Your Control

Bitcoin.com is committed to supporting economic freedom, which is why our wallet is fully non-custodial. That means you’re in complete control of your crypto. No need to ask permission from a centralized exchange to instantly send your assets wherever you want, whenever you want. You’ll never be ‘deplatformed,’ and you have no exposure to the risk of a third party getting hacked or going bankrupt. Of course, with great power comes great responsibility, so don’t forget to back up the ‘keys’ to your wallet and adhere to password management best practices.

The Bitcoin.com Wallet is Now on Web/Desktop Too

If you’re already using the Bitcoin.com Wallet on mobile, you can leverage your existing account to see and interact with your assets in a desktop-class dashboard. Track your portfolio and get real-time market data; receive, swap, buy & sell crypto – all from the spacious real estate of your desktop, tablet, or any browser-enabled device.

Bitcoin.com Adorns it’s Crypto-Friendly Casino with New Games from NetEnt

13/09/2021 by Idelto Editor

Hot new games from two of the top providers added to Bitcoin.com’s very own crypto casino!

Anticipation has been running high among players at Bitcoin.com Games for their favorite games from the leading software provider, NetEnt. Coming off of the recent addition of a range of live casino games from Evolution Gaming and iSoftBet, the popular casino is now bringing some of the most entertaining titles from this iGaming developer that players have come to cherish over the years.

With in-demand slots like Dead or Alive 2 Feature Buy, Ghost Pirates and Narcos, as well as the space arcade styled slot Starburst and beautifully designed Gonzo’s quest, the newly added range of games from NetEnt promise a long and enjoyable gaming session enriched with bountiful of chances to win Bitcoin. Hundreds of paylines and thousands of multipliers await for players to spin the reels and open possibilities to take home a fortune.

Bitcoin.com Games is also home to their very own exclusive games that are only available for play on the turf of this homegrown casino from Bitcoin.com. From the most played slot game The Angry Banker, to the jackpot loaded Exclusive Slots, players can enjoy classic casino games in their ultimate forms on the most trustworthy crypto casino on the planet!

Bitcoin.com Games members can look forward to a highly premium gaming experience along with receiving curated VIP offers that carry generous rewards for all levels of players. An excellent 24/7 support staff also ensures a smooth and entertaining casino session.

Check out these newly added games from NetEnt now on Bitcoin.com Games!

New Games from iSoftBet Create Joyously Beautiful Experiences at Bitcoin.com’s Casino

02/08/2021 by Idelto Editor

Fun and excitement have been let loose for players to experience amazing new games at Bitcoin.com’s very own crypto gaming portal!

An enthralling range of games are on offer at Bitcoin.com Games – the crypto casino that players have come to love to play their favorite games on in recent years. Ever since its inception back in 2016, the casino portal has quickly become a favorite amongst crypto enthusiasts owing to the wide variety of games, a robust platform, and the trustworthiness of the Bitcoin.com brand.

With undeniably exciting games from highly sought-after gaming providers such as BGaming, Playson, Pragmatic Play, and more, the crypto casino is now upping the ante by adding a slew of new titles from another premium provider- iSoftBet. Players can now enjoy massively popular hits such as Aztec Gold Extra Gold Megaways, Fu Fortunes Megaways, Twisted Tale Series: Moriarty Megaways, and many other high octane slot games from the newly-added developer.

Bitcoin.com Games is also home to their very own exclusive games that are only available for play on the turf of this homegrown casino from Bitcoin.com. From the most played slot game The Angry Banker, to the jackpot-loaded Exclusive Slots, players can enjoy classic casino games in their ultimate forms on the most trustworthy crypto casino on the planet!

Bitcoin.com Celebrates Ethereum’s Birthday With $6000 Giveaway

30/07/2021 by Idelto Editor

July 30th marks the day, six years ago, Ethereum was launched. The Bitcoin.com Wallet, having just integrated Ethereum, is excited to celebrate the achievements of the world’s premier smart contract platform – and to do so, we’re giving away $6000 in Ether (ETH), the native currency and the ‘fuel’ of the Ethereum network.

What Is Ethereum?

With the ambitious vision of creating a fully decentralized general purpose computing network, Ethereum and the massive community of developers that has sprung up around it, have pioneered smart contracts, NFTs, decentralized finance, and more.

From humble beginnings, now billions of dollars are transacted daily through Decentralized Applications (DApps) deployed on Ethereum – and, just like with Bitcoin, it’s all done permissionlessly and pseudonymously.

The Ethereum community has striven to maintain ‘credible neutrality’ in the evolution of the platform – so far very successfully in our opinion. The result is that the platform supports the fundamental human right to economic freedom – and that’s something we at Bitcoin.com can get behind!

The Giveaway

To be eligible to win, all you have to do is buy any amount of ETH through the Bitcoin.com Wallet or via our website between July 30th and August 6th – and that’s it! You’ll automatically be entered to win one of the following prizes:

Grand Prize $1000 (1 person)

Second Prize $500 (4 people)

Third Prize $100 (30 people)

Good luck!

Full terms and conditions here.