Saturday, December 3, 2022
HomeCrypto NewsMarketLedger To Add Defi Support For Mobile Users By Their Ledger Live...

Ledger To Add Defi Support For Mobile Users By Their Ledger Live Mobile App

- Advertisement -
Follow-Us-On-Google-News

The manufacturer of hardware cryptocurrency wallets Ledger will provide users with the opportunity to access the industry of decentralized finance (DeFi) through their mobile application Ledger Live.

According to a statement from Ledger, the app, which will be updated this week, will allow wallet users to connect to decentralized applications (dApps) through integration with the open source protocol WalletConnect.


According to the company, until now, access to decentralized applications, such as Uniswap, KyberSwap, 1inch, Curve and Binance DEX, was only possible for users of desktop versions of the application.

However, users of the Ledger Live mobile app will now be able to use their devices to manage transactions without relying on external gateways and browser-based Ethereum wallets.

“After the update, Ledger Live users will be able to interact with any decentralized DeFi app with support for WalletConnect directly from their mobile device by simply scanning the DApp QR code,” the company said in a statement.

Recall that Ledger recently disclosed details about the leak of personal data of 292,000 customers and updated their privacy policy.

FTX US

- Advertisement -
Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

- Advertisment -

Recent News & Articles

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.