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If you have more than $5,000 in crypto and you are using the terra station extension or the terra extension wallet, you HAVE to watch this guide in order to learn how to use decentralized apps on Terra like Mirror Protocol with ledger and protect your assets.
You are basically going to connect your hardware wallet to your Terra Station Extension and sign the transaction on the ledger itself, the terra station is not aware of the private key, and the private key never touches the computer memory, but is living in a secured and encrypted way inside the Ledger device.
If you don't have a ledger yet and you like my content, this video helped you, and want to support my work, please consider using the affiliate link below to purchase a new ledger :)
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Related Videos:
Why Your Funds Are At Risk If You Don't User Ledger:
• DEFI Hacks in 2022 How To Protect Y...
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Timestamps:
00:00 Intro
00:55 Ledger Live App Setup
02:00 Install Terra On Ledger
02:50 Install Terra Wallet Extension
03:30 Connecting The Ledger To Terra Wallet
05:10 Example: Swapping Tokens With Ledger
07:00 Outro And Summary
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⚠⚠⚠ #Terra #Station #Luna #Wallet #Ledger #HardwareWallet #DEFI ⚠⚠⚠
The content in any of Johnny's Youtube videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information.
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
I am just sharing my knowledge and my findings.
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Until next time,
Johnny Time