Hey guys I've made a new complete video guide for the community on how to use Uniswap with a Ledger device and secure your DEFI assets:
https://www.youtube.com/watch?v=9QW8gXNaw2I
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 in order to learn how to use decentralized apps like UniSwap with Ledger.
Once the hacker has your private key he can steal all your funds (all the different blockchains).
In the video, We will understand how hackers operate and how we can level up our security in order to avoid such incidents.
By using a hardware wallet-like 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 also 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 will be sent to UniSwap Smart Contracts by the RPC nodes that are 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.
Let me know what you think about the guide and if you have any questions.
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