cETH wallet

The best cold wallet for your cETH coins

Secure your cETH tokens with the most trusted crypto wallet. Cold storage wallets are encrypted devices that store your cETH tokens offline, providing a layer of security against the evolving threats emerging from being connected to the internet.
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What is cETH?

cETH is the short form of “Compound Ether” issued by Compound as its name suggests. The Compound Protocol is one of the leading decentralized finance (DeFi) projects with a focus on loans. The platform allows users to borrow their cryptographic funds to earn interest.

When users lend cryptography to the Compound protocol, they can choose one of several loan pools depending on the currency they wish to lend their funds to. The largest pool is based on Ether loans. When you deposit your funds into Ether, you receive a certain amount of cETH. cETH is based on the ERC20 token standard and is available on the Ethereum blockchain.

Although your original investment is still in Ether, it is guaranteed by cETH and you earn interest in cETH. Your cETH funds can be traded freely, but your original Ether funds cannot be traded or transferred while your funds are held in protocol and earn interest. When you decide to redeem your investment and exit the protocol, the cETH you own is converted to Ether and your funds are returned to you in the original currency: Ether coins.

What is a cETH wallet?

To store and manage cETH, you need a compatible crypto wallet. Manage your coins with a compatible third-party wallet while keeping them safe with a Ledger device:

Ledger hardware wallet

Ledger hardware wallet stores your private keys and signs transactions offline, making them resistant to malicious attacks and threats.

Third-Party Wallet

Third-party wallet allows you to buy, send/receive, and swap cETH, view transaction history, and more, depending on its capabilities.

How to get a cETH cryptocurrency wallet?

01

Get Ledger Nano

Select and purchase a Ledger cold wallet of your choice. Beginner in the crypto world? Get started with Nano S Plus. Prefer a Bluetooth connection? Try with Nano X.

Get Ledger NanoCompare Ledger wallet

02

Download and install extension

Download and install a compatible third-party wallet that lets you manage your cETH.

Download extension

03

Connect your Ledger Nano to wallet

  1. Connect your Ledger Nano to a computer/smartphone and unlock it.2. Open your wallet extension.
  2. Connect your wallet to Ledger Nano.

You’re all set, you can now use wallet!

Buy, manage, and stake cETH at your fingertips

Ledger Live is your one-stop platform for smooth and complete asset management. With just a few clicks, you can buy, send/receive, (swap), and stake cETH to generate passive income. Buy, send/receive, swap, stake, and other crypto transaction services are provided by third-parties partners.

1

The best way to keep your cETH coins secure

Secure multiple assets, including cETH using a Ledger hardware wallet. Your private keys, giving access to your assets, remain safe in a certified secure chip.

Ledger Nano S

NEW

LEDGER NANO S PLUS

Protect your cETH assets with the first and only independently-certified cETH wallet on the market.

Discover our Nano S Plus
Ledger Nano X

BEST SELLER

LEDGER NANO X

The Ledger Nano X is a Bluetooth enabled secure and CES award winning device that protect your cETH assets.

Discover our Nano X

Choice of 5,000,000+ customers

Bertil A.

5/5

In order to secure cryptocurrencies, Ledger is the perfect tool.

Kevin L.

5/5

Simply a very elegant peace of hardware, with a gorgeous UI in the app.

James P.

5/5

ALL is good, all legal resources bought was as specified and compliant, party on.

Read more reviews

Frequently Asked Questions

When you first buy token, you’re issued with two keys: public and private.

  • A public key serves as an address that can be shared with other parties to perform transactions.
  • A private key represents a randomly generated number that signs transactions and protects your assets from malicious attacks. If it gets compromised or lost, you won’t be able to access your wallet to spend, withdraw, or transfer your cryptocurrencies.

To safeguard and keep track of your keys, you can use online or offline wallets. Online wallets, also known as hot wallets, store private keys on systems or devices that are connected to the internet. Hot wallets are easy and convenient to use, however, they come with several drawbacks. Besides being susceptible to attacks and a honeypot for hackers, with hot wallets, the custody of private keys is often entrusted to a third party such as a crypto exchange, which means you never have full control over your funds. The safer choice are specialized hardware wallets that store private keys offline. Stealing private keys from a hardware wallet would require physical access to the wallet and corresponding PIN or the recovery phrase. What’s more, with hardware wallet, you don’t need to rely on third party custodians.

Ledger Nano is the industry-leading hardware wallet. With more than five million customers, Ledger Nano wallets have several layers of security that protect private keys, and hence your assets:

  • Your private keys are stored on secure element chips.
  • A PIN code and a 24-word recovery phrase are required to access the wallet.
  • Ledger Nano hardware wallets have been built using highly durable materials for protection against physical damage.

With full isolation between private keys and your computer/mobile, Ledger Nano cryptocurrency wallets keep your keys secure and give you complete control over your assets.

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