Ledger’s update enhances support for 1inch Fusion

A recent update to Ledger will soon make 1inch Fusion swaps even safer and more convenient for users of the popular hardware wallet.

In a keynote presentation at EthCC in Brussels, Charles Guillemet, CTO of Ledger, showcased an upgrade to the device, using 1inch Fusion as an example of how the Clear Signing feature enhances the safety of signing transactions in the hardware wallet for users.


Concordium LEDGER 4.1.2 Update


Thanks to enhanced support for 1inch Fusion in the recent update, Ledger users can take advantage of 1inch Fusion’s functionalities in a safer way on their hardware devices.
1inch Fusion, our flagship product, was recently upgraded to version 2.0. Launched in December 2022, 1inch Fusion allows users to swap tokens across various networks without paying gas fees, while accessing liquidity throughout the entire crypto space and enjoying protection from maximal extractable value (MEV). All Fusion swaps are executed by resolvers — professional and verified traders who compete to execute swaps, offering users the most favorable rates.



Installing Concordium LEDGER App


Proper security and management of digital assets is essential in the cryptocurrency arena. Ledger, recognized for its robustness in the cold wallet arena, presents itself as an optimal solution for those looking to safeguard their Concordium CCDs. Here are the main reasons why:
◾️Advanced Security: Ledger operates as a cold wallet, which means it is not constantly connected to the Internet. This intrinsic feature significantly minimizes the risk of cyber-attacks and exposure to malware.
◾️ Total User Control: A fundamental premise in the cryptocurrency world is the possession of private keys. With Ledger, users maintain full control of their keys, guaranteeing ownership and autonomy over their assets.

◾️ Intuitive Interface: Despite its technical sophistication, Ledger offers a simplified user experience through its Ledger Live application. This tool allows you to manage, purchase, send and receive assets efficiently.
◾️ Transaction Verification: The Ledger device is equipped with an integrated screen that displays transaction details, allowing the user to securely verify and confirm transactions.
◾️ Transaction Verification: The Ledger device is equipped with an integrated screen that displays transaction details, allowing the user to securely verify and confirm transactions.
◾️Recovery Mechanisms: In the event of loss or damage to the device, Ledger provides a recovery phrase that allows all assets to be restored to a new device.


Security


In conclusion, for those seeking a secure, reliable and efficient solution for the custody of their Concordium CCD assets, Ledger is a highly recommended option. It is essential to purchase the device through official channels to ensure its authenticity and optimal performance.