I need help
Sir pls guide me. If i connect my wallet with any website with Smart contract call
Are the website able to withdraw my money from wallet without my Permission
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Hello @ShovoMazumder the user interacts and gives approval to the DApp to spend tokens in their behalf. Unknowingly, the user provides the smart contract full access to all of their tokens. An attacker can withdraw all of the user’s holdings of that specific asset even if they did not allow such transactions to happen.
Read more: The Risks of Using DApps
When we are going to connect our wallet with dapps website the trust wallet say that
1: “view your wallet balance and activity”
2: “request approval for transaction”
Thats mean if they try ti stolen my balance they need to approval from me?
Yes, as article above explained. After approval, they can transfer your funds without your permission.
Approval means confirm the smart contract call? And are they able to stolen full balance?
Yes… please refer to the article sent above, it explains all. There’s video too you can watch.