July 5, 2024·Last updated on July 5, 2024
Your Web3 domain serves multiple purposes: the user’s digital identity, website, and all-in-one cryptocurrency wallet address. Like traditional Web2 domains, Web3 domains provide easy-to-use addresses for crypto transactions, addressing issues with alphanumeric wallet addresses – typo risk, the need for separate addresses per token, and their lack of memorability. This underlines the importance of Web3 domains in the future.
To use your domain to receive crypto payments, you need to link wallet addresses to your domain where you want to receive the funds. Once you purchase a domain, you will need to claim it in a self-managed wallet in order to proceed.
After you have claimed the domain, you can in addition to the domain name from the My domains page.
From the management screen, select “Crypto” from the menu on the left.
Simply enter your wallet addresses here for each cryptocurrency you would like to receive through your domain. We support over 200 cryptocurrencies including BTC, ETH, BNB, MATIC, SOL and many, many more!
Once you’re done, choose ‘Confirm Changes’ and sign with your main wallet. You are ready to receive crypto!
This is where the magic happens: sending crypto to a Web3 domain couldn’t be easier! Here’s how you do it: In this example we use BiFrost Wallet.
1) Tap the cryptocurrency you want to send. For example, we send MATIC (Polygon).
3) Enter the amount you want to send and tap “Continue”.
4) This is where the magic happens: enter the domain name you want to send crypto to and the wallet will be converted to the domain’s address records.
5) Finally, just tap “Confirm.