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Home BUSINESS

Trust Wallet Integrates Ledger Hardware Wallet for Additional Security

BlockNews Team by BlockNews Team
March 1, 2023
in BUSINESS, CRYPTO, MEDIA, TECHNOLOGY
Reading Time: 3 mins read
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  • Trust Wallet has added support for Ledger hardware in its browser extension.
  • The new Ledger integration is to strengthen the security of the leading self-custodial wallet.
  • The new layer enables Ledger users to seamlessly manage and access their digital assets between online and offline wallets.

Trust Wallet, one of the most popular self-custodial and multi-chain wallets in the crypto space, has recently announced its support for Ledger hardware in its browser extension. With this new development, Trust Wallet users can take advantage of an additional layer of security for their digital assets provided by hardware solutions. This integration is expected to offer a higher level of control over the safety of their digital assets.

Trust Wallet: A Leader in Self-Custodial Wallets

Trust Wallet has over 10 million active users with over 60 million downloads, making it one of the largest self-custodial wallets worldwide. 

With the integration of Ledger, Trust Wallet now provides a streamlined and adaptable gateway for Ledger users to access decentralized applications (dApps), manage their assets, and transfer cryptocurrencies between online and offline wallets.

According to Eric Chang, Head of Product at Trust Wallet, “Integrating Trust Wallet and a leading hardware wallet like Ledger provides people with the best balance of convenience, enhanced security, and functionality. People can access the wide range of new tokens, networks, and dApps connections through an added security layer – all in one place from their browser.”

A More Comprehensive Wallet Experience

The Trust Wallet, Browser Extension upgrade includes the multi-wallet capability and Testnets, enabling users to have a more comprehensive wallet experience. With a multi-wallet, users can create, import, and control multiple wallets based on various scenarios, all in one place, with distinct private keys to offer a more secure option. Testnets allow more developers and tech-savvy users to explore cryptocurrencies in a simple and manageable way.

Jean-Francois Rochet, VP of Transactions and Services at Ledger, said, “We’re delighted to provide more security to Trust Wallet users with this integration. Ledger and Trust Wallet share the goal of empowering every user to self-custody and manage their assets, which is the true ethos of crypto.”

Accessibility to Web3 and DeFi

Trust Wallet is a self-custodial multi-chain crypto wallet that provides users with a streamlined wallet experience on mobile and desktop devices. It makes it possible for anyone to access Web3 and gives users the ability to retain full ownership of their crypto. Integrating over 70 blockchains allows users to store over 8.5 million assets, including NFTs, in one location. Trust Wallet offers a seamless experience when purchasing, staking, exchanging, and browsing the world of Web3 dApps.

Ledger: A Trusted Name in Crypto Security

Ledger is a tech company based in France that specializes in providing security solutions for storing and administrating digital assets. It has been a trusted name in the crypto community since 2014, offering a variety of hardware wallets and other products designed to provide users with a superior level of safety. Today, Ledger serves millions of users worldwide, giving them peace of mind and assurance that their digital assets are protected from harm.

Conclusion

The integration of Trust Wallet and Ledger is a game-changer for crypto security. With this integration, users can enjoy a more comprehensive and secure wallet experience with the added benefit of hardware solutions. Trust Wallet and Ledger’s shared goal of empowering users to self-custody and manage their assets is a true embodiment of the ethos of crypto.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: cryptoCrypto WalletLedgerTechnologyTrust Wallet
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