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Author Topic: Receiving a smart contract to my wallet  (Read 110 times)
shemstam (OP)
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February 19, 2024, 08:25:44 PM
 #1

I gave a guy my eth address in order to receive a payment , he told me I will have to get a contract call in order to receive the payment...as if payment will be sent as a contract call

I am using Trust wallet

What that contract call means?
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February 19, 2024, 08:41:56 PM
 #2

That's so unusual, its not that money can't be sent via contract call, but using Trust wallet you don't need it, it is designed to send and receive assets without any complexities like contract call, besides if you don't know what's programmed in the contract call you are vulnerable to attacks. That person might use a contract call to steal funds from your wallet, so use an empty wallet instead. And on the first hand try not to use contract calls.

I think you don't know what a smart contract call is, it's like a digital agreement that automatically gets executed when some specific conditions are met, SC can execute transactions also, so you should think before accepting any. I suggest using empty TW so no funds would be lost. Is this guy near to you I mean do you know him?

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February 19, 2024, 08:42:13 PM
 #3

Firstly, this should be posted in the altcoins section of the forum.

Nevertheless, I'll try to explain what I know about smart contracts.A contract call is simply an interaction with a smart contract on the Ethereum blockchain. So, if someone is sending you a payment via a contract call, it means you'll receive some Ether (ETH) through a smart contract transaction they initiated. When your funds arrive through the contract call, it means the sender used specific instructions coded into a smart contract to transfer the funds to you.

in some ways, a contract can resemble signing a transaction, especially in the context of blockchain or digital signatures. Both involve parties agreeing to terms and conditions, and once agreed upon, they become legally binding. In blockchain, signing a transaction involves cryptographic keys to ensure authenticity and integrity, while a contract typically requires signatures from involved parties to signify consent and agreement.
The contract call as far as I remember, Trust Wallet supports smart contracts, so that shouldn't be an issue. But be security cautious using trust wallet.

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shemstam (OP)
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February 19, 2024, 10:16:24 PM
 #4

If I will create a new wallet on my Trust wallet app,
then move my funds from my old wallet to the new wallet and accept the contract call on my old wallet, will the new wallet can be at risk somehow? or this smart contact script can only affect the wallet which got it?

If it might risk any wallet , I will install metamask and move my funds there

Question is how deep a smart contract call might go? wallet level/app level/my entire device level???



That's so unusual, its not that money can't be sent via contract call, but using Trust wallet you don't need it, it is designed to send and receive assets without any complexities like contract call, besides if you don't know what's programmed in the contract call you are vulnerable to attacks. That person might use a contract call to steal funds from your wallet, so use an empty wallet instead. And on the first hand try not to use contract calls.

I think you don't know what a smart contract call is, it's like a digital agreement that automatically gets executed when some specific conditions are met, SC can execute transactions also, so you should think before accepting any. I suggest using empty TW so no funds would be lost. Is this guy near to you I mean do you know him?
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February 19, 2024, 10:36:11 PM
 #5

If I will create a new wallet on my Trust wallet app,
then move my funds from my old wallet to the new wallet and accept the contract call on my old wallet, will the new wallet can be at risk somehow? or this smart contact script can only affect the wallet which got it?

If it might risk any wallet , I will install metamask and move my funds there

Question is how deep a smart contract call might go? wallet level/app level/my entire device level???
Creating a new wallet address in your trust wallet and using for the contract call, still have a chance of affecting your other wallet address and that's depending on the type of contract you are accepting and if the guy have a malicious intention then this might be bad and so it's better to avoid this whole process than taking the risk.

Moving your coin to metamask seems like a better plan but I hope you're not going to import the seed phrase from your trust wallet there with this your coins are saved if you the sender have malicious intent. But I would have advised you to sign the contract using the new wallet address you are going to have in your metamask than moving your coins there since it will save you transaction fees charges and also if received alot from your trust wallet then this would be better since some people might not be aware of this changes and transfer coins to you in that address.

After signing the contract, you can revoke it later: https://www.altcoinbuzz.io/reviews/wallet/how-to-revoke-smart-contracts-on-trust-wallet-and-why-its-important/











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February 19, 2024, 10:59:55 PM
 #6

If it might risk any wallet , I will install metamask and move my funds there

Why don't you just create a new wallet and create a "contract call" there? You will avoid the cost of sending your funds from one wallet to another.

Question is how deep a smart contract call might go? wallet level/app level/my entire device level???

As far as I know, smart contracts can only work at the level of the wallet on which they are executed. But still, if you're not sure what you're doing, it's better not to risk it. What kind of token do you actually want to receive? Is it an airdrop or something like that?
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February 19, 2024, 11:13:58 PM
 #7

The idea I have in smart contract call is that if you are using trust wallet and you want to send coin from your trust wallet to another wallet, you will need some BNB coin to use as a transaction fee. Because without the smart contract fee you can't be able to send coin from that wallet to any the exchange. I have tried this severally yet it didn't work out due to low Smart contract call /balance.


This is what I know about Smart contract. Check the message below. At the end part of the message.


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February 20, 2024, 12:01:07 AM
 #8

I know, I have BNB funds for that matter
The idea I have in smart contract call is that if you are using trust wallet and you want to send coin from your trust wallet to another wallet, you will need some BNB coin to use as a transaction fee. Because without the smart contract fee you can't be able to send coin from that wallet to any the exchange. I have tried this severally yet it didn't work out due to low Smart contract call /balance.

https://talkimg.com/images/2024/02/19/YTY9H.png
This is what I know about Smart contract. Check the message below. At the end part of the message.
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February 20, 2024, 12:07:54 AM
 #9


can't ,they only will send it to the wallet address I gave them because they refund me after a failed payment and can only do so by sending the refund to the address which sent the failed payment

If it might risk any wallet , I will install metamask and move my funds there

Why don't you just create a new wallet and create a "contract call" there? You will avoid the cost of sending your funds from one wallet to another.

Question is how deep a smart contract call might go? wallet level/app level/my entire device level???

As far as I know, smart contracts can only work at the level of the wallet on which they are executed. But still, if you're not sure what you're doing, it's better not to risk it. What kind of token do you actually want to receive? Is it an airdrop or something like that?

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February 20, 2024, 12:49:59 AM
 #10

im trying to be frank here, you should be careful when doing smart contract call, there are definitely ways for some random people to steal ur money even more so if you're not really knowledge able about what the contract gonna be doing.
the person could be giving you a contract address and try to make you call the contract method so that it can drain your wallet out of your money, i've seen many cases like this when people just randomly allow spending in various contracts and got their money stolen, i definitely advice you if you insist on calling that contract method you should migrate all your money, or just use new wallet, send enough eth just to cover fee and just discard the address afterwards, thats so far the easiest way when dealing with something uncertain like this.
as you have mentioned some screenshot above, it seemed like instead you are using binance smart chain if im not mistaken it'd be better if you also mentioned the raw data of the transaction, but I guess its complicated.
just like my previous advice, only use new address that you don't really use to call such contract, otherwise you might be risking your money to some stranger and malicious smart contracts here.

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February 20, 2024, 02:10:45 AM
 #11

I gave a guy my eth address in order to receive a payment , he told me I will have to get a contract call in order to receive the payment...as if payment will be sent as a contract call

I am using Trust wallet

What that contract call means?
I don't get it, I haven't heard anything about this contract call if you just want to receive a token or ETH from your address. What you did is the right one of handing over your ETH address and just wait for that person to pay or send you with what you should receive.
There's no need for anything like this if you're just there to receive. I'd avoid anything that I am not familiar with and tell that person that there's no need for any contract call if you will have to receive payment, it's simple as that.

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FinneysTrueVision
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February 20, 2024, 03:20:51 AM
 #12

If this is related to your scam accusation thread Token refund scam? then I am certain that the intention behind trying to pay you via smart contract interaction is to try and steal your funds. You are clearly very naive and will fall for even the laziest scam attempts. Stop trusting random people on Telegram contacting you out of the blue and claiming to be somebody important. It wouldn’t surprise me if your wallet is already compromised from the previous scam token sale you participated in and these other scammers see you as an easy target to scam you further.

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Bureau
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February 20, 2024, 03:43:02 AM
Last edit: February 20, 2024, 03:53:04 AM by Bureau
 #13

The idea I have in smart contract call is that if you are using trust wallet and you want to send coin from your trust wallet to another wallet, you will need some BNB coin to use as a transaction fee. Because without the smart contract fee you can't be able to send coin from that wallet to any the exchange. I have tried this severally yet it didn't work out due to low Smart contract call /balance.


This is what I know about Smart contract. Check the message below. At the end part of the message.

The OP is trying to recieve ETH in his Trust wallet. Why would a recipient need to have BNB and why does a smart contract need to be called? It is the sender who needs to pay the gas fee in this case for sending Ethereum. The OP doesn't need to do anything except provide the Ethereum wallet address. Most probably the sender is trying to scam OP by asking him to confirm the smart contract call and then getting access to the wallet.

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husencoe
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February 20, 2024, 10:54:05 AM
 #14

If I will create a new wallet on my Trust wallet app,
then move my funds from my old wallet to the new wallet and accept the contract call on my old wallet, will the new wallet can be at risk

Why don't you create a contract on a new wallet?  I think this is more logical, saves energy and you don't need the transfer fee. And you can secure your assets if something unexpected happens.

somehow? or this smart contact script can only affect the wallet which got it?

I think this will only affect the wallet you choose.  You can even cancel your contract after you receive payment.

I think this is not a common thing.  I was a little thinking why they need a smart contract just to accept payments?  They should be able to immediately send payment via your ETH address. I hope you can be aware about your wallet and use a new wallet for this transaction.
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February 20, 2024, 11:02:15 AM
 #15

I gave a guy my eth address in order to receive a payment , he told me I will have to get a contract call in order to receive the payment...as if payment will be sent as a contract call

I am using Trust wallet

What that contract call means?

Already explained by many users about contract call but you haven't mentioned full details that who is the person sending you payment? Is he is your friend, neighbors or stranger? If he is stranger then 100% ,he is doing something wrong and you should be careful about it. second why he sending you fund? have you purchased any thing or he offer you yo give free fund. Never sign contract in your main wallet. Create totally new wallet and don't deposit any fund.

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February 20, 2024, 08:12:39 PM
 #16


can't ,they only will send it to the wallet address I gave them because they refund me after a failed payment and can only do so by sending the refund to the address which sent the failed payment

Be cautious, as this sounds like a scam.  If they genuinely want to refund your wallet funds, then there is absolutely no need for you to initiate any contract call from your end.  A malicious smart contract call can empty your wallet completely.
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