Wednesday, December 8, 2021
Home Crypto News Market Ledger 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

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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

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Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

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