Security Update Available — Wallet v4.1

When you buy crypto like Bitcoin and Ethereum, you’re issued two keys: one is public and the other is private.

The public key can be compared to a bank account number that you can share with third parties to receive crypto without worrying that your assets will be compromised.

The private key signs transactions and allows you to send and receive crypto. It's crucial to keep your private keys secure and secret.

A crypto wallet stores your private keys and gives you access to your assets.

There are different types of crypto wallets, each with its own benefits and drawbacks.

Hot wallets are connected to the internet and usually convenient to use, however, they are also vulnerable to online attacks.

Cold wallets keep your private keys offline and out of reach of online threats.

Wallets can also be categorized as custodial or non-custodial depending on who holds the private keys.

Hot wallets store private keys on systems connected to the internet, which makes them susceptible to online attacks.

Keeping your crypto on an exchange also means you have no true ownership or control over it.

Hardware wallets store your private keys offline, giving you full control and enhanced security.

Even if you misplace or lose your hardware wallet, you can get a new one and use your Secret Recovery Phrase to access your assets.

Ready to get started? Here are the steps for getting your crypto wallet:

1. Get a Ledger hardware wallet. It stores your private keys in a secure offline environment.
2. Pair your Ledger wallet with the Ledger Wallet app to manage your crypto and access dApps securely.
3. Add crypto to your Ledger wallet using integrated providers to buy, swap and manage assets securely.