YouHodler Joins Ledger Live: Crypto Loans Made Easy and Secure

We are pleased to announce the release of crypto loans in Ledger Live, powered by YouHodler, now available in Ledger Live’s “Discover” section. Ledger users can now access seamless crypto loans through the app, featuring YouHodler’s industry-best 90% loan-to-value ratio (LTV) and over 45 coins to choose from as collateral. Ledger, the official developer of the Ledger Live app, recommends users verify the authenticity of their binary installation file by comparing its hash value to the one listed here.

LedgerHQ/ledger-live

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. In web2, accounts are typically synchronized using an email ID and a password, with companies managing your account information within centralized databases. This is then stored, updated, and used as companies deem fit. You can easily see how this information-sharing is a significant threat to your privacy as your data is shared across various apps and online interactions.

NFT Management

The blockchain space has grown from simple transactions to a complex mix of functions like token approvals, NFT management, DeFi, smart contracts, and much more. Crypto transactions usually pop up on-screen as a string of numbers and letters (a hash) that can’t be interpreted easily. In 2024, Ledger broke new ground in the industry with the world’s first and only secure E-ink touchscreen devices – Ledger Stax and Ledger Flex. These new devices take secure screens and give them a fresh spin for the next generation of crypto. Through the years, Ledger has upheld self-custody by giving users a more secure crypto experience.

Ledger: Safeguarding Humanity’s Access to Digital Wealth

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.

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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.

Ledger Live desktop

• Some cynical people might think that this is actually a design of the app is that they don’t actually want people to be able to easily withdraw funds.
• The Ledger Live App for Mac is your first move toward managing your cryptocurrencies with strong security.
• With Ledger Live, you can manage many blockchains and tokens with different accounts all at once.
• This separation ensures that even if you are using multiple blockchain networks or interacting with various dApps, services, or apps, each one operates in its own secure environment.
• Together, we’re building the greenest infrastructure to drive blockchain innovation that doesn’t sacrifice utility or performance, to bring the developer community’s vision to life.

It simplifies balance checks, transfers and even allows staking for certain cryptocurrencies. Ledger Live is our platform of apps and services designed specifically for seamless integration with your Ledger device. Acting as a secure gateway to the crypto ecosystem, it allows direct access to a diverse range of crypto, NFT and DeFi services. This integration ensures a safer and more user-friendly experience that address a common security issue known as ‘blind signing’.

• Our classic entry-level hardware wallets built with all the essentials to secure your digital assets.
• Did you know that the screens of your everyday devices like your phone and computer are a potential point of attack for hackers?
• Choose from a range of service providers – Paypal, Ramp, MoonPay, Sardine – and select the option that works best for you.
• I’ve heard people say that only ETH or erc-20 tokens can be taken.
• Each Backup Provider stores only one fragment using tamper-resistant hardware, ensuring your seed phrase stays protected even if a provider is breached.
• Ledger Live can be used to connect your hardware wallet to cryptoasset and fiat on-ramps.

App Privacy

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.

• With over 1 million units sold worldwide, the Ledger Nano S is the most popular hardware wallet.
• Today, we have 400 million global crypto users and growing, but only 30 million of whom practice self-custody, and of those, a mere 10 million do so securely.
• Proven reliable over more than a decade of error-free functioning, the XRPL offers streamlined development, low transaction costs, high performance, and sustainability.
• If you do not already own one, you can purchase a Ledger Nano S here.
• Blind signing has led to many such significant losses in the crypto community, as users unknowingly authorize transactions that give scammers access to their assets.
• Most of its ecosystem – including Ledger Live, the Wallet API, and several components of the Ledger OS – is open-source, allowing the community to review, verify, and improve its security.

A risky Ledger Live default setting

Most hardware wallets drive their screens with an MCU chip, which is not as secure as the Secure Element chip used in all Ledger devices. Hackers can relatively easily and affordably replace the firmware on an MCU chip. If they manage to access the MCU that controls your wallet’s screen, they could bypass the need to access your private keys directly. Non-custodial wallets are crypto wallets that give you ownership over your digital assets—only you can manage your private keys. However, not all non-custodial wallets offer you the same kind of security. Ledger Live is a secure and user-friendly interface for accessing and managing your cryptocurrency via Ledger hardware wallets.

• Ledger’s secure operating system is another important layer of defense.
• Given all the signals that alert of a possible scam, it is uncertain how the fraudster managed to publish the app in the Microsoft Store.
• These apps allow users to securely send messages between wallets and offer encrypted, wallet-based communication without relying on centralized messaging platforms.
• 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.
• This data includes information on digital assets and NFTs stored on Ledger wallets.
• The cyber news site also shares a Reddit post by a person claiming to have lost their life’s savings – $18,500 bitcoin and about $8,000 in alt coins – to this rogue app’s developer.
• YouHodler promotions are not targeted at UK investors, and bonuses or loyalty programs like the rewards programme or sign-up offers will not be available to residents of the UK.

Can my crypto be stolen from Ledger Live?

The ​device will power on automatically, displaying the Ledger logo. You will be prompted to choose a PIN code, ​which will be required each time you access your Ledger wallet. Once you receive your Ledger hardware wallet (such as the Ledger Nano S, Nano S ​Plus, or Nano X), unbox the device. Inside, you will find the hardware wallet, a USB ​cable, recovery sheets, and a quick start guide. Before proceeding, ensure that the ​box is sealed and hasn’t been tampered with.

Thousands of supported coins and tokens

Join the 10,000+ crypto investors & enthusiasts who receive exclusive discounts, crypto investing and security guides, digital privacy protection tips and more every week. Firmware versions M-5.0 (Multi-Coin) or newer support the switching of wallet paths (ETH) to Ledger Live and Legacy formats with your Keystone device in the MetaMask / DeFi / Web3 mode. Staking cryptocurrency is similar to—but not exactly the same as—earning interest from your bank on your savings account.

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.

Ledger Community

It transmits user ID and a ‘writeKey,’ which can uniquely identify the PC. It can also send segment.io account information including names of digital assets owned and other information about users’ computers. As the NFT platform market continues its upward trajectory, the role of secure and adaptable wallets becomes crucial in protecting these digital assets. While both Ledger Live and Plus Wallet offer unique features, Plus Wallet distinguishes itself as a top crypto DeFi wallet.

Get started by simply connecting your Ledger device to your desktop or mobile phone using the provided USB cable. Once you’re connected, you’ll have a clear view of your cryptocurrency portfolio and access to account management and transaction histories. Within the Ledger Live wallet app, you can also send and receive crypto currencies, track your portfolio and access all sorts of nifty decentralized apps. Blind signing has led to many such significant losses in the crypto community, as users unknowingly authorize transactions that give scammers access to their assets. Setting up a Ledger hardware wallet is a straightforward process that provides ​peace of mind by securing your digital assets.

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. These crypto wallets physically store your private keys within a chip inside the device itself. Ledger Live App for Mac has many features that make the management of your digital resources convenient and secure.

You can connect your hardware wallet to your phone directly using an OTG cable. Alternatively, if you have a Ledger Nano X—which has Bluetooth capabilities—you will be able to pair the device wirelessly over Bluetooth. Connect the Ledger device to your computer using the provided USB cable.

The Ledger Live JavaScript Ecosystem

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.