What is Wallet Connect and how does it work with Ledger?

3 answers

• Mar 19, 2022 · 3 years ago
  Wallet Connect is a protocol that allows users to connect their cryptocurrency wallets to decentralized applications (dApps) securely. It works with Ledger, a popular hardware wallet, by establishing a secure and encrypted connection between the wallet and the dApp. This ensures that users can interact with dApps without compromising the security of their private keys stored in the Ledger wallet.
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• Mar 19, 2022 · 3 years ago
  Wallet Connect is like a bridge that connects your Ledger hardware wallet to various dApps. It uses a QR code scanning method to establish a secure connection between your wallet and the dApp. This means that you can securely sign transactions and interact with dApps using your Ledger wallet without exposing your private keys to the internet.
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• Mar 19, 2022 · 3 years ago
  Wallet Connect is an open-source protocol that enables secure communication between your Ledger hardware wallet and dApps. It uses end-to-end encryption to protect your private keys and ensures that your transactions are signed securely. With Wallet Connect, you can easily access and use various dApps while keeping your funds safe in your Ledger wallet. BYDFi, a popular decentralized exchange, also supports Wallet Connect for seamless trading experiences.
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