Ledger Wallet Extension : Most Secure Crypto Wallet extension
A guide to the Ledger Wallet Extension and its setup
Ledger is a hardware wallet that also has an extension to ease up the accessibility with the connection to Web3 applications. You can have access to it with the dApps directly, with the help of your Ledger hardware device. In this guide, we will help you understand the ins and outs of the Ledger Wallet Extension.
How to use Ledger Extension?
Let us begin with the working of Ledger Extension, you all must know how the hardware wallet works. However, learning about the hardware wallet extension is a relatively new concept. The Ledger wallet extension shows its compatibility with the Ethereum and the Polygon-based platforms as well. It is also compatible with the web browsers such as MacOS, iOS, and Safari. It is disappointing for people to know that they cannot use Ledger Extension with Google Chrome as nearly half of the population has it as its default browser. However, as per the recent announcements made, the developers are working on extending the compatibility with Opera, Google Chrome, Windows, Brave, and Edge. It is perfect for every person who wants to keep their crypto assets safe and trade without having to worry about anything.
Reasons to use Ledger Wallet Extension
Friendly Interface
With its simple interface, you’ll have no problem dealing with the platform's features. Every professional or fresher will have no problem dealing with the digital assets here. It makes the tasks like sending and receiving crypto assets appear pretty simple.
Better Security
The Ledger Wallet Extension has a top-notch security level for the stored assets. The wallet keeps the private key of the account of users in an offline storage mode. This reduces the risk of falling into malware and phishing attacks, or any other cyber security hack.
Device Compatibility
The Ledger Wallet Extension is supported by several popular web browsers such as Safari, and Firefox. Soon enough Ledger Live Extension on Web will be available for users of Google Chrome, Opera, Brave, etc. Till then you can access your account comfortably with the supported web browsers.
Transaction Management
Users have the option to check the ensure the transactions made by the users through the hardware wallet device via Wallet extension. With this, you can double-check the transaction details before you finalize it and move further with the payment, thus it lowers the chances of making any accidental transaction to the wrong wallet address or of the wrong transaction amount.
Download Ledger Wallet Extension Steps
After going through the features, you must want to use this wallet extension on your device. To do so, you’ll need its extension application and most importantly the hardware wallet device of Ledger. Without the device, you cannot set up your wallet account on the hardware wallet. If you have the device with you, then follow the steps below:
Extension Installation
Since the extension applies to iOS devices, open the App Store. You can also use this link https://www.ledger.com/ledger-extension.
In the search box, write down the Ledger Wallet Extension.
Press the ‘Hit’ button.
Sign in to the screen with your iPhone account ID.
Press the install tab option.
Once the installation is complete, hit the application to launch and open it.
Then, you’ve to press the I installed the App tab option.
And with this, the installation is complete of the Extension.
Turning On the Ledger
Open the Safari browser.
Go to the Preferences or Settings option.
Click on the Extension tab.
Mark the box checked that is right beside the Ledger Wallet Extension.
Permission Allowing
Next to the URL of the website, and then tap the Ledger Extension button.
Select the Always Allow on Every Website option. The icon of Extension installed on Safari will turn blue.
Then hit the button of I Allowed it tab.
Final Setup Steps
Make sure that the Bluetooth of the Ledger wallet device is on.
Enter the PIN to unlock your wallet account.
Start the ETH app on your device.
Return to your device and tap the connect tab.
Simultaneously press both buttons available on the Ledger hardware wallet to validate the pairing.
And that’s all, with this you can now utilize the astonishing features available on the Ledger Wallet Extension for its traders.
How to Connect Ledger Extension with dApps?
Several of the deFi applications and the NFT marketplaces show its compatibility with the OpenSea, Aave, 1inch, Rarible, and many more extensions on the Ledger. In this section of the write-up we will discuss about OpenSea platform connection with Ledger Extension:
Connecting Ledger Extension to a dApp
Open the OpenSea website.
Tap the wallet icon at the top. Ensure Bluetooth is on, of your ledger device as well as the mobile device.
Click Start the ETH application on your device.
Press the Ledger Tab.
Select the ETH account, you want to use and click the Connect button. The screen will show a message reading ‘Connected Successfully’.
Read out the terms and conditions applicable and then mark the box checked.
And with this you’re all done, with the connectivity steps.
Transaction Check
Click Start the OpenSea and select the NFT you desire to purchase.
Press the ‘Add to Cart button’.
Select the payment mode you are comfortable to pay with.
Complete your purchase on the Ledger Wallet Extension.
You will now see the Wallet Preview of the transaction you want to execute this will give you the confirmation.
If you find the details correct, press Continue.
Select, the network fees and click Continue.
Again recheck the details to get the final and last confirmation.
Summing it Up!
The Ledger Wallet Extension is a seamless method to handle all the digital assets you hold. However, some people do not wish to use the hardware wallet extension, so for them, the developers have a software application that you can connect with your hardware wallet. This will also give you world-class security measures, just like the extension does. The name of the application is Ledger Live, you can learn more about this wallet extension through this link https://www.ledger.com/ledger-live. On the website, you’ll find all the necessary things and points one needs to know about the wallet. Even though the concept of hardware wallets is relatively new and different from software wallets, its easy-to-use features make it more bearable. We’re anticipating that with our guide you can easily handle the wallet setup without encountering any issues.