Crypto.com was formerly mentioned as Monaco, a well-known crypto platform promoting cryptocurrency worldwide. Crypto.com is focused on making cryptocurrency user-friendly and accessible to a broader audience. The platform provides a wide range of products and services, including an MCO visa card, mobile crypto.com wallet, investment services, debit cards, and crypto.com tokens by harnessing the power of blockchain.
As per the Crypto.com review, one of the main features of crypto.com is its integration with the Ledger wallet. Users seek a secure experience when interacting and transacting with dApps by importing the ledger wallet to a crypto.com wallet extension. Also, this integration helps users physically confirm transactions on their ledger wallet, offering an added layer of security. With its broad range of offerings, it is the best for both new and advanced crypto users.
How to import Ledger Wallet
If you want to import a ledger wallet to a crypto.com wallet extension, a few steps need to be followed:
- The first step is, in the extension, to go to the side menu and choose “Import Wallet,” and select the network you want to import your Ledger; currently, the wallet extension supports crypto.org chain, EVM-compatible networks, and cosmos.
- The second step is physically connecting your ledger wallet and entering your PIN. You should note that you must have a live ledger installed with the app compatible with the network from which you import your wallet.
- When you connect your ledger successfully to the extension, you must choose the wallet address you need to import. Later the selected wallets will be accessible in the extension, and they can be opened using the side menu.
- For security purposes, you should physically connect your ledger wallet to confirm transactions and unlock using your PIN. This provides an added layer of protection for your cryptocurrencies and ensures that the transactions are secure and safe.
Summary of Crypto.com’s DeFi Wallet
In summary, crypto.com is a noncustodial DeFi wallet intended to provide users easy access to DeFi services. Using this wallet, You can securely
- Manage more than 1000 tokens over 30 blockchains
- Earn token rewards
- Swap token seamlessly
- Connect with other dApps in seconds
- Manage NFTs and more.
One of the advantages of using DeFi Wallet is it has multi-layered security features that safeguard the user’s assets. This feature offers users security when transacting their assets, irrespective of time and day. This wallet is available in Android and IOS and can be accessed through the Google Chrome browser or the DeFi Desktop wallet app. Users can browse the extensive FAQ section regarding the wallet for further assistance.