Using Compound Finance with a Ledger Nano S | DeFi Security

If you have over $1,000 worth of value in your Compound Finance or other DeFi accounts, you need to add another layer of protection with a Ledger Nano S hardware wallet.

Purchase a Ledger Nano S with free shipping here: https://bit.ly/2Po8YKs (Thanks in advance for supporting this channel by using this link to purchase!)

Special thanks to Dave Craige for donating the 250 cDAI that is used for the demo in this video!

0:45 Hot Wallets vs Cold Wallets 1:25 Two reasons that hot wallets can get risky 3:45 Intro to Ledger Nano S 5:05 Connecting Ledger Nano S to Metamask 8:36 Moving cDAI from Metamask Hot Wallet to Ledger Nano S Wallet 11:14 Trying to send from Ledger Nano S when it's not plugged in 13:00 Sending tokens from Ledger Nano S via Metamask 15:06 Withdrawing from Compound Finance with Ledger Nano S ... https://www.youtube.com/watch?v=zqEVhLE_EfA