September 30, 2022

Ledger Enables Hardware Wallet for Mobile DeFi With WalletConnect

2 min read

Ledger hardware wallet users can now engage with any DeFi application directly from mobile phones.

Usage Ledger Hardware Wallet With Mobile dApps

Ledger announced the combination of Ledger Live with WalletConnect, a protocol for developing mobile crypto wallets.

According to the official statement, the business stated the most recent integration would enable hardware wallet support with DeFi apps via the wallet company’s mobile application, Ledger Live.

The latest feature would obtain extra fund security to mobile users while interacting with decentralized exchanges.

Up previously, using a hardware wallet along with popular dApps has actually been reserved mainly for desktop users. Although DeFi’s most popular wallet, MetaMask, has a mobile app, it does not support hardware wallets.

Source: MetaMask To access a DeFi app

like Uniswap, a hardware wallet user would require to set up Metamask specifically on their PCs. The business stated the most recent feature released in partnership with WalletConnect would remove this issue of not being able to utilize a hardware wallet with a mobile wallet.

“& ldquo; With the addition of WalletConnect support to Ledger Live, mobile wallet users will now have enhanced access to the expansive DeFi environment—– while still taking advantage of the uncompromising security of their Ledger hardware wallet,” & rdquo; the hardware wallet supplier composed in its blog site.

Source: Ledger
< img loading= "lazy"class ="wp-image-79963 size-medium"src=""alt="Source: Ledger"width="253" height ="440"srcset= " 253w, 589w, 768w, 790w"sizes="( max-width: 253px) 100vw, 253px" > Source: Ledger The company said the hardware wallet compatibility would likewise match currently readily available DeFi features within the Ledger Live app, such as previous integration with Compound’s loaning procedure for making interest on stablecoins.

To allow the WalletConnect feature, users will need to turn the feature on in the mobile app’s experimental settings after downloading or updating to the current variation.

Disclosure: The author did not hold crypto pointed out in this article at the time of press.