Knowledge Base

From ERC-20 to BEP-20: a comprehensive look at token standards and their role in ensuring seamless and effective “communication” between various tokens and dApps.

The WalletConnect team strived to make UX in the decentralized world more streamlined and blockchain technology - more accessible to average users. We’d say it was a success, with over 300 wallets and more than 3000 apps integrated.

Most crypto wallets are currently hierarchical deterministic, and they’re considered more secure and provide an easier backup process. Let’s break it down.

What are dApps, how are they different from traditional apps, how do they “talk” to blockchain, and other FAQs answered.

This guide gathers the main points that beginners need to know about crypto wallets. Short, simple, and quick.

Curious about how long it takes to transfer crypto to a wallet? Our article breaks down the factors that affect transfer times and offers tips for speeding up the process.

Learn about the benefits and drawbacks of crypto staking and how it works. Check our article to decide if staking is right for you.

Discover the advantages and disadvantages of hot and cold wallets and learn how to choose the best option to secure your digital assets.

Secure your crypto assets: simple steps to enhance wallet protection and back up your mnemonic in a few steps.

What are custodial and non-custodial wallets, and how to choose the right one to suit your preferences, needs, and… risk tolerance?

Transaction fees on different blockchains, how to lower them, and how to adjust in your crypto wallet in a few taps.

Learn about slippage in crypto, how it happens, and how to adjust it in OneArt wallet.

Can you use multiple seed phrases? Which wallet supports multi-seed phrase import? These and other mnemonic-related questions answered.

They seem to be rivals. They both are aimed to ensure that network participants achieve agreement and that bad actors can’t undermine the process. How do they solve the issue? Meet PoW and PoS – the two consensuses that are on everyone’s lips.

Download, install and/or create your own wallet for crypto & NFT portfolio management. Fast, convenient and safe.

There’re nearly 723,000 ERC-20 token contracts on Etherscan as of December 2022. Why “there was no life for tokens on Ethereum before ERC-20?” Do you have to install a specific crypto wallet to manage such tokens? Here’s all the necessary info in a nutshell.

The price of cryptocurrencies often fluctuates. However, stablecoins solve this issue. What are the advantages and disadvantages of stablecoins?

Unlike fiat money, a centralized bank has no influence on determining the cryptocurrency price. How then is the price of crypto determined?

Yield farming is one of the investment strategies in the crypto market. It allows you to earn a profit from crypto holding. How does it work?

A blockchain is a technology that has turned the world upside down. How it works or the basics you need to know about blockchain.

When you enter the crypto space, an exchange is usually your starting point. It’s sort of a marketplace that matches buyers and sellers.

Smart contracts are the backbone of secure blockchain-powered transactions. How do smart contracts work and how do they provide security and speed?

Your crypto balance can grow anywhere you store crypto, including your wallet. It all depends on the cryptocurrency market value at the given moment.

Swap facilitates the process of transferring tokens between users simplifying financial operations. How does it work?

A cross blockchain bridge allows users to transfer crypto from one blockchain to another without spending extra time and/or money. How do bridges work?

What is a public key for and how does it differ from an address? The answers are found below.

A decentralized exchange is a place for peer-to-peer trading with anonymity and low commissions. Warning: their interface can be tricky to navigate.

Non-custodial wallets are more secure than custodial ones and provide true ownership of crypto. There’re more pros as well as some cons to using this kind of wallet.

When you want to send someone some crypto or receive it, you need to know where exactly it has to “land.” This is where a crypto wallet address comes into play.

Sending an NFT to another wallet is not that complicated, but transferring it from a marketplace to a wallet can be more tricky. More on this below.

Unlike a physical wallet holding coins and paper banknotes, a crypto wallet does not keep digital money. Then, what is a crypto wallet for and how does it work?

Is it worth having multiple crypto wallets or, in other words, how many crypto accounts can I have? It’s one of the most common questions asked by newbie crypto traders. Read more about why it's important to have more than one crypto wallet and whether it's so risky to make do with just one.

A private key is the most important part of a crypto wallet. Its loss is fraught with loss of your crypto assets. Where is the best place to store your private key?

Crypto is virtual and stays on the blockchain all the time. How is it stored, and is it safe?

“Never share your seed phrase” and “store it securely” are the most popular advice for crypto holders. What is a seed phrase, how is it generated, and can you use it for any wallet?

A physical wallet is primarily for storing fiat money. Crypto wallets, on the contrary, are designed for storing cryptocurrency (digital money).