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    Home»News»Cryptocurrency»Crypto.com wallet extension now has support for Ledger

    Crypto.com wallet extension now has support for Ledger

    Ferret WeaselsBy Ferret WeaselsDecember 2, 2022No Comments3 Mins Read
    Crypto.com wallet extension now has support for Ledger
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    • The Crypto.com wallet extension will now support Ledger hardware wallets to increase user security.
    • Being a browser extension, it allows users to directly connect their wallet to a protocol from their website and confirm transactions without having to access another site..

    The wallet extension of crypto.com It allows users to easily access decentralized applications (Dapps) which in turn allows users to interact with DeFi applications, but its most recent update will now allow them to interact with hardware wallets.

    Crypto.com announced that its wallet extension will now support Ledger hardware wallets with the aim of increasing security.

    The fact that it is a browser extension allows users to connect their wallet to a protocol directly from their website and confirm transactions without having to access another site. Now, it will be possible to import an existing wallet specifically from Ledger.

    https://t.co/vCNztATkNg Wallet Extension now supports @Ledger 👨‍💻

    🔌 Import your Ledger hardware wallet with just a few clicks
    🛡️ Transact on your web browser with an enhanced layer of security

    Install now: https://t.co/EMnpxfu1e3 pic.twitter.com/qsFQ2RjFLS

    —Crypto.com (@cryptocom) November 29, 2022

    Index hide
    1 Interacting with the DeFi ecosystem with greater security
    2 The alternatives to interact with the Web3 increase

    Interacting with the DeFi ecosystem with greater security

    Ledger’s hardware wallet allows you to keep your cryptocurrency offline and is considered one of the safest ways to store cryptocurrency for this very reason. Now, Through Crypto.com, users will be able to use their cryptocurrencies associated with a Ledger hardware wallet to interact with DApps.

    To do this, in the Crypto.com wallet extension, you must go to the side menu and select the “Import Wallet” option. Later you will select “Connect to Ledger”.

    Read:  The price, volatility and inflation

    Crypto.com will ask you to select one of three available networks from which the Ledger wallet will be imported: EVM, Crypto.org, and Cosmos.

    You will then need to physically connect your Ledger wallet and enter the PIN associated with it. Important! You must have Ledger Liver installed with the corresponding application for the network. Ledger Live is an offline solution that allows you to send and receive cryptocurrencies without the need for a physical connection to the device.

    Once you have connected your Ledger to the wallet extension, you will be able to specifically select which wallet address you want to import.

    In this way, to carry out transactions, you must physically connect your Ledger and confirm them with your PIN. Obviously, this adds an additional layer of security that will allow users to easily interact on Web3.

    The alternatives to interact with the Web3 increase

    All crypto platforms are behind the same goal: Facilitate the world’s access to Web3, since only in this way can the ecosystem continue to grow and innovate.

    It is for this reason that new alternatives are always emerging that establish the bridge that connects the user with the ecosystem and, consequently, users must find out which is the most appropriate option according to their needs.

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