Ledger has released hardware support for the Trust Wallet browser extension, a multi-chain crypto wallet that serves as a gateway to thousands of Web3 decentralized applications (DApps).
A hardware wallet securely holds a crypto user’s private keys offline, bringing an additional layer of security. With this latest update, Trust Wallet users can take advantage of Trust Wallet functionality to access decentralized apps while keeping their private keys completely offline.
According to a press release shared with CryptoNews.com, this Trust Wallet browser extension update also includes multi-wallet features and testnet, allowing users to enjoy a more comprehensive wallet experience.
Multi-Wallet allows users to add, import and manage all their different wallets including all Trust Wallet and Ledger Wallet addresses with different private keys in one place.
“We are excited to provide more security to Trust Wallet users with this integration,” said Jean-Francois Rochet, VP of Transactions and Services at Ledger. Their own assets, which is the true nature of crypto.”
As part of the update, the wallet will also add support for testnets, which will allow more developers and tech-savvy users to experiment with cryptocurrencies in a controlled environment. Eric Chang, Head of Product at Trust Wallet, said in a comment:
“Integrating Trust Wallet and a leading hardware wallet like Ledger provides people with the best balance of convenience, improved security and functionality. People can access a wider range of new tokens, networks and dApp connections through an additional layer of security – Keep it all in one from their browser.”
Ledger is a leading provider of hardware wallets, which are never connected to the internet and offer an extra level of security, making them ideal for long-term storage of digital assets.
In contrast, Trust Wallet is a hot wallet connected to the internet, which can be used with decentralized apps such as Uniswap and Maker, for day-to-day transactions and management of digital assets. The world’s largest crypto exchange Binance acquired Trust Wallet in 2018.
The new partnership comes shortly after Ledger of partnership Web3 partners with luxury brand RTFKT to create a safe and secure solution for their high-end digital collectibles. The duo also unveiled the RTFKT x Laser collection and educational programming.
It is worth noting that the Ledger experienced a sharp increase in sales after The Chaotic Fall of FTX In November last year when consumers turned to self-custody solutions to protect their digital assets.
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