๐Ÿ’ตWeb3 Wallets

GreenBTC requires users to have a Web3 wallet.

It is used to display a user's Digital Collections and Crypto Assets.

The wallet is a simple interface to connect a user to a blockchain via a secret passphrase which is known as a "seed phrase" (this is 12 randomly generated simple English words).

Against typical perceptions, nothing is ever stored on a wallet. The seed phrase is simply a key to tell a blockchain which assets the user has access to.

This means that you can take any seed phrase and import it into any wallet to view a user's assets. It's also why it's so important to guard it with the utmost security as most people who are hacked or scammed in Web3, have their seed phrase compromised at some level.

Web3 Wallets

Metamask

This is the industry standard Web3 wallet and available for both Browser Extension and also Mobile.

You will need to download Metamask and install it on your preferred device. Then you'll need to create a MetaMask account.

Once complete you will need to enable the Polygon network which is explained at the bottom of this page.

WARNING

Most Web3 wallets which are compromised happen when installing. Users either have malware on their device or click a fake link to download a wallet that looks like the official one. PLEASE be careful and if in doubt.

OKX

OKX Wallet is a multi-chain wallet that currently supports both EVM and non-EVM networks, making it easier for you to access DApps on different networks without having to switch wallets. To learn more, please visit www.okx.com/web3

Wallet Connect

Wallet connect is an open source protocol for connecting decentralised applications to mobile wallets with QR code scanning or deep linking. This give users the ability to connect to over 170 different Web3 wallets and over 450 different Web3 Apps.

More information can be found on their official website - https://walletconnect.com/

Setting up Polygon Blockchain in your wallet

Polygon is an Ethereum layer-2 protocol and framework for building interconnected blockchain ecosystems, launched in 2017. Polygon maintains the $MATIC ticker for its native utility token.

You will need to connect your web3 wallet to the Polygon blockchain.

To connect to the Polygon network you can follow the following article: https://medium.com/stakingbits/setting-up-metamask-for-polygon-matic-network-838058f6d844

Your Network configuration should look similar to the following:

Optional RPC networks

When Polygon has heavy traffic, a you may face difficulties connecting to the network. When this happens you can optionally use one of the following RPC URLs in your Metamask config.

https://docs.polygon.technology/docs/develop/network-details/network/

https://rpc-mainnet.matic.network

https://matic-mainnet.chainstacklabs.com

https://rpc-mainnet.maticvigil.com

https://rpc-mainnet.matic.quiknode.pro

https://matic-mainnet-full-rpc.bwarelabs.com

More found on: https://cointool.app/rpcServer/matic

$MATIC

If you are using Metamask as your Web3 wallet you will also need to ensure that you have some $MATIC.

$MATIC is the native crypto asset for the Polygon Blockchain and is referred to as a "Gas Token" which is used for Transaction fees.

Last updated