Cryptocurrency Q&A
Is it safe to connect Phantom Wallet to Ledger?
Is it safe to connect Phantom Wallet to Ledger?
ThunderBreezeHarmony
Sun Dec 08 2024
|
6 answers
1521
I'm considering connecting my Phantom Wallet to Ledger for better security, but I'm not sure if it's SAFE to do so. I want to know if there are any risks involved and if it's a recommended practice.
6 answers
KatanaBladed
Tue Dec 10 2024
Phantom does not have the authority to approve any transactions on its own.
Was this helpful?
377
85
Daniela
Tue Dec 10 2024
In the event that your Phantom wallet is compromised, your funds remain safe.
Was this helpful?
156
28
lucas_clark_artist
Tue Dec 10 2024
To proceed to Step 3, you need to connect your Ledger device to Phantom.
Was this helpful?
111
31
Dario
Tue Dec 10 2024
This is because transactions cannot be executed without your consent on the Ledger device.
Was this helpful?
278
39
ShintoSanctuary
Tue Dec 10 2024
By incorporating Ledger, you gain an additional layer of security for your cryptocurrency transactions.
Was this helpful?
380
75
Load 5 more related questions
