YouHodler Joins Ledger Live: Crypto Loans Made Easy and Secure

Ledger crypto wallets are widely known as the best crypto wallets for desktop users, particularly due to the uncompromising value they place on both security and user-friendliness. You can start staking coins through the Ledger Live crypto wallet app. Track your rewards in the Earn section and discover staking opportunities across chains. Microsoft has recently removed from its store a fraudulent Ledger Live app for cryptocurrency management after multiple users lost at least $768,000 worth of cryptocurrency assets. Ledger Live is only the interface that lets you send and receive transactions, setup accounts and view your balances on a Ledger wallet.

Enter the 6-digit code from your authenticator app

Click on “Install” to install the selected app on your Ledger device. After installation, navigate to the app on your Ledger device and open it.9. Use the buttons on your Ledger device to navigate and interact with the app. For example, you can send or receive transactions, check balances, and perform other actions depending on the app’s functionality.10. Once you’re done using the app, safely disconnect your Ledger device from your computer or mobile device.

https://support.ledger.com/ is the official Ledger support site.

This screen is encased in a sturdy aluminum frame, providing a premium feel while ensuring your device is protected from everyday wear and tear. The combination of the aluminum frame and scratch-resistant glass not only enhances its resilience but also gives Ledger Flex a modern, polished aesthetic. As of 2024, Ledger has sold over 7 million hardware wallets – none of which have ever been hacked. This is a testament not only to the high level of security that Ledger devices offer but also to the entire Ledger ecosystem built to secure your digital assets and help you manage them. Hardware wallets are non-custodial wallets that come in many different types, but how would you know if they are truly secure? Some hardware wallets do not even have screens, which means you need to rely on the screens of your laptop, tablet, or mobile device.

Ledger Live desktop

I’m new to this cold storage stuff but I was worried about being hacked so I decided to get a name brand. The Bluetooth connection is so useful and connecting to the iPhone app was a breeze. I was thinking about switching over to Trezor but saw their app on iOS had so much negative reviews! It seems the Trezor may have open source and all that fancy stuff but Ledger is very competitive and definitely has the better app support. Not everyone wants to connect their ledger or Trezor to a bulky computer to do transactions. Looking at my money and portfolio in a beautiful interface is a must have for me.

A free Bitcoin wallet app and much more

Does that also compromise BTC, Cosmos, Solana, Chainlink, etc… accounts as well? I’ve heard people say that only ETH or erc-20 tokens can be taken. A likely commercial explanation for all the data harvesting, REKTbuildr speculated, is that Ledger wants to resell anonymized data to third-party advertisers. Simply put, YouHodler’s industry-best loan terms coupled with the most-secure self-custody devices in the world – the Ledger Nano series – makes a lot of sense for everyone. Not only does it empower you to use your cryptocurrency without selling it, but it allows you to do so most conveniently and securely as possible.

Phone App needs work

I think it’s crazy people will actually use soft wallets that take control of your keys. Not with Ledger, not only do you have absolute full control of your keys but multiple methods to enjoy moving crypto using their platforms. Think of it like taking a vacation to some beautiful island owning your freedom being in control on sandy beach without any fears, worries or banking systems.

How Plus Wallet Stacks Up Against Ledger Live

Custodial wallet issuers have the power over all accounts on their platforms. They have the control to freeze your accounts or access and mishandle your funds. Let’s say the CEO goes rogue and decides to steal your funds, or perhaps the whole exchange collapses, as we’ve seen multiple times throughout history; in either of these situations, your funds would be at risk. What is the Ledger ecosystem all about, and why is Ledger different from any other device protecting your digital assets? Let’s take a deep dive under the hood to understand how Ledger devices are ahead of the curve when securing digital wealth.

Ledger Recover

• Hackers can relatively easily and affordably replace the firmware on an MCU chip.
• Blockchain technology promotes transaction transparency, yet secure storage is vital for NFT owners.
• Swapping allows you to explore different crypto assets, protect your crypto from volatility, and diversify your portfolio.
• Ledger Sync not only enhances convenience but also strengthens your data privacy, making it an essential tool for effortlessly managing your crypto assets across multiple platforms.
• The app is available for Windows, macOS, Linux, ​iOS, and Android.
• The launch of Ledger Stax and Ledger Flex makes these devices the first and only devices in the world that drive their E ink touchscreens with Secure Element chips.

Only the signed transaction details are broadcast back to the blockchain to complete the transaction. This larger display delivers a better user experience, safer transaction verification, and an intuitive interface, making it easier to review and sign transactions directly from the screen. Ledger Live is designed as the trusted companion for your Ledger crypto wallet device. It serves as a user-friendly interface where you can seamlessly manage all your crypto assets and currencies in one secure place. Hardware wallets store your private keys offline, giving you full control and enhanced security. Even if you misplace or lose your hardware wallet, you can get a new one and use your Secret Recovery Phrase to access your assets.

Explore dApps & Web3 Services

ledger live , ledger-live-official.us.org is the official desktop application from Ledger that acts as an interface with the Ledger Nano S hardware wallet. Your private key, which is used to retrieve all of your cryptoassets from the blockchain, still will be stored safely offline in the Ledger Nano S. Like any other computer/mobile software, Ledger Live — which is the desktop and mobile application used to manage your Ledger hardware wallets, is not immune to hacking attempts. The application is sending tracking data to a service called segment.io. This data includes information on digital assets and NFTs stored on Ledger wallets. Sleuths have discovered a vast data harvesting operation by the world’s largest hardware wallet manufacturer, Ledger.

• The Ledger Nano S, launched in 2016, is now the best-selling hardware wallet of all time.
• A likely commercial explanation for all the data harvesting, REKTbuildr speculated, is that Ledger wants to resell anonymized data to third-party advertisers.
• Storing your crypto in a custodial wallet means that a third party controls your private keys and, therefore, your assets.
• This guide will show you how to switch the wallet path (ETH) to Ledger Live / Legacy formats.
• Unlock the future of crypto security and style – buy a Ledger Stax.
• It simplifies balance checks, transfers and even allows staking for certain cryptocurrencies.
• Crypto Currency is considered as a speculative and high‑risk investment and you are unlikely to be protected if something goes wrong.
• Put simply, if the cryptocurrency runs on its own blockchain, then it is a coin.

/app – Applications

The Secure OS also ensures that all interactions with the Secure Element (which holds your private keys) are fully encrypted, providing an additional layer of protection. Whether you’re staking tokens, swapping assets, or managing NFTs across different blockchains, you can trust that your private keys and transaction data remain protected, even in the most complex operations. Download to set up your Ledger wallet and begin securely managing all your digital assets in one place. The beauty of using a crypto wallet is the security it provides to your private keys.

The XRP Ledger: The Blockchain Built for Business

These chips, found in every Ledger device, are designed to safeguard private keys and sensitive data by implementing multiple countermeasures against side-channel and fault attacks. Due to the proprietary nature of these chips, parts of the Secure Element’s software remain closed source to protect the intellectual property tied to their functionality. Unlike traditional backup methods, it ensures your private keys remain entirely in your control, meaning your self-custody is never affected.

The Ledger Live crypto wallet application has a user-friendly interface that makes it easy for users to manage their cryptocurrency portfolios, providing a seamless integration for Ledger hardware wallets. If you don’t, you can download it from the official Ledger website.2. Use the provided USB cable to connect your Ledger crypto wallet to your computer or mobile device.3.

For letting the bank hold your money, they pay you some interest on a regular basis. If you want to store or transfer Etheruem (or any tokens living on Etheruem) install the Eth app. Again, anyone asking you for your recovery phrase is a criminal. Libraries serve as publicly available packages, designed for integration with other libraries or applications.These packages are deployed to the official npm repository under the @ledgerhq organization. Ledger-live is a monorepository whose purpose is to centralize all the JavaScript code related to the Ledger Live applications in one place.

• The Ledger Live crypto wallet application has a user-friendly interface that makes it easy for users to manage their cryptocurrency portfolios, providing a seamless integration for Ledger hardware wallets.
• However, what’s important is the fact that your Ledger hardware wallet is almost impossible to get hacked since your Ledger hardware wallet is its own device with its own operating system and secure chip.
• This results in reduced errors and a device that’s familiar to use, especially for those new to self-custody.
• The most secure crypto wallets are physical devices called hardware wallets, designed to enhance the security of your private keys by securely storing them offline.
• This is because software wallets store your private keys insecurely and are always connected to the internet.
• Users with a bank transfer or card purchase can use a service like MoonPay and make a payment using PayPal to purchase cryptocurrencies.
• Unlike most apps, the Ledger Live crypto wallet app keeps your data directly on your phone or computer, so there’s no need to sign in using an email and password.

Explore what the community is building to enable new features and use cases on XRPL

I had them staked for quite a while, and now they’re just… There’s no transaction history indicating anything unusual either. Do not invest with YouHodler unless you’re prepared to lose all your money or tokens invested.

Ledger Live is the essential companion app that elevates the experience of Ledger’s hardware wallets. It allows users to buy, sell, stake, and swap crypto assets, and so much more, from within the security of their Ledger devices. A crypto wallet is a digital tool that allows users to store, manage, and interact with cryptocurrencies such as Bitcoin, Ethereum, and many others. It plays a crucial role in the cryptocurrency ecosystem, enabling users to securely manage their digital assets and perform various transactions. It is designed for everyone, offering easy-to-use, accessible crypto security with its intuitive touchscreen and personalized interface. It features a flat 2.8” E Ink® touchscreen that, like Ledger Stax, allows users to customize their lock screens with images or NFTs.

• As the world’s first private encrypted information backup solution, it operates without the need for an email ID or password.
• Embrace self-custody with the superior security that only Ledger provides.
• Owing to this, Ledger secures 20% of the world’s total crypto value today.
• If you notice a mismatch between the blockchain address on your internet-connected device and the secure screen on your Ledger device—you know that your internet-connected device is compromised with malware.
• You can start staking coins through the Ledger Live crypto wallet app.
• Any changes to your accounts are instantly reflected across all your devices, ensuring consistency and saving you time.

Installation

It also offers aggregator options like ParaSwap and 1inch, which compare multiple decentralized exchanges to provide the best rates for swapping tokens. For buying crypto, Coinify aggregates prices from different providers to ensure competitive deals. Ledger Live makes it so that even a newcomer to web3 can easily buy and sell crypto directly in the app through integrated buy providers like MoonPay, Coinify, and Transak. You can use your credit card to purchase a whole range of cryptocurrencies, all while keeping everything secure with your Ledger device.

Receive cryptoassets onto you Ledger Nano S

• During this process, you will be asked to set up a new ​device or restore an existing one using your recovery phrase.
• We appreciate Ledger’s priority to create easy-to-use solutions with full security.
• This is where Ledger’s security model separates itself from the norm.
• The technical parameters meet the requirements for Windows and MacOS.
• Ledger Live is designed as the trusted companion for your Ledger crypto wallet device.
• Do not invest with YouHodler unless you’re prepared to lose all your money or tokens invested.
• Self-custody means you and you alone hold and manage your private keys, giving you full control over your digital assets.
• All transactions are signed within the Secure Element chip inside Ledger devices in a completely offline, fortified environment.

A non-custodial wallet is a direct link to your blockchain address without any dependence on another entity, eliminating the possibility of asset confiscation. A Web3 wallet is essentially your digital keychain for the new internet era—Web3. Instead of relying on classic institutions like banks to manage your online currencies, a Web3 wallet puts you, and you alone, in control. Swapping allows you to explore different crypto assets, protect your crypto from volatility, and diversify your portfolio. If you do not yet own any cryptocurrency or cryptoassets, you can purchase them on popular, safe, and easy to use exchanges such as Coinbase or Gemini.

It eliminates the need for third-party custodians, making you solely responsible for the security of your assets. Been using this for a couple of months now and I move my crypto to my Nano X using my desktop app so I can scan the QR codes. I added Crypto over a week ago in my desktop app (NEAR) and it’s still not showing in the phone app, making it utterly useless.

For SDF, this integration represents a significant step forwards toward our building block of activating more network participation. As of today, anyone may now securely send, receive and buy USDC on Stellar through their Ledger Live app while keeping their assets secure with a Ledger hardware wallet. However, what’s important is the fact that your Ledger hardware wallet is almost impossible to get hacked since your Ledger hardware wallet is its own device with its own operating system and secure chip. Hence why you can’t accidentally install malware on your Ledger as you can on computer/mobile devices. Once your accounts are added, you can manage your assets through Ledger Live.

Always make sure your URL says “ledger.com” when using the Ledger website. Mentions of any cryptocurrencies or projects outside of the context of a legitimate Ledger-related question will be removed, and may result in a ban after repeated offenses. Flair is that little box displayed next to usernames saying “Ledger Customer Success” or something similar. All Ledger employees are given this flair to indicate their official status. The best thoughts focus on the idea rather than the person who’s communicating the idea, whether it’s someone on the forum or a public figure. Despite Ledger Live being not immune to hacks, Ledger Labs has taken many steps to ensure the security of their software.

Both wallets support NFTs, yet Plus Wallet offers a more intuitive management of digital assets. A notable distinction lies in their cross-chain capabilities. Ledger Live makes decentralized communication easy with apps like WalletChat and Inbox by Dispatch. These apps allow users to securely send messages between wallets and offer encrypted, wallet-based communication without relying on centralized messaging platforms.

This places you at considerable risk because these screens are built for performance and not security and can be tampered with by bad actors. Software wallets are non-custodial, offering you true ownership of your assets. Put simply, using your phone or laptop to store private keys is like leaving a bank vault in the middle of a shopping mall. This is because software wallets store your private keys insecurely and are always connected to the internet.