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If you are using MetaMask "hot wallet" while interacting with UniSwap decentralized exchange, your crypto tokens are at risk.

If you have more than $5,000 in crypto and you are using Metamask Extension, you HAVE to watch this guide to learn how to use decentralized apps like UniSwap with the ledger.

Once the hacker has your private key he can steal all your funds (all the different blockchains).
If you use a metamask extension wallet to swap tokens in UniSwap or maybe provide liquidity the hacker can remove the liquidity and steal all the tokens, the same applied to NFTs.

We will understand how hackers operate and how we can level up our security to avoid such incidents.

The solution is using a hardware wallet (Ledger device for example) when you interact with DEFI apps and smart contracts.

By using a hardware walletlike ledger device you are making the hacker's life much harder since the private key doesn't exist in the computer itself but is stored in a secured way in the ledger operating system memory.

We will learn how to connect your ledger to the Metamask Extension and sign the transaction on the ledger itself. The transaction will be signed on the ledger and sent to UniSwap Smart Contracts by the RPC nodes configured in the MetaMask Extension.
The metamask extension 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.

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Useful Links:

Ledger Purchase Link (Affiliate Link):
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UniSwap:
https://app.uniswap.org/#/swap

Metamask Website:
https://metamask.io/
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Related Videos:

Using PancakeSwap with Ledger (Hardware Wallet):
   • How To Use PancakeSwap With Ledger (H...  

How to Use Mirror Protocol With Ledger:
   • How To Use Mirror Protocol With Ledge...  

How To Connect Metamask To Ledger:
   • Connect Ledger To MetaMask Extension ...  

Your DEFI money is at risk learn why and how to protect it:
   • DEFI Hacks in 2022  How To Protect Y...  
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Time Stamps:
00:00 Intro
01:15 Why it's important
03:00 How to buy and setup Ledger
05:40 Downloading the "Ledger Live" app
06:05 Installing Ethereum app on the Ledger
07:04 Enabling smart contracts on the Ledger
07:50 Connecting the Ledger to MetaMask
09:40 Interacting with UniSwap using the Ledger
13:30 Outro And Summary
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⚠⚠⚠ #UniSwap #Ledger #HardwareWallet #Metamask #DEFI #Protect #Crypto ⚠⚠⚠
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