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cETH wallet

The right hardware wallet for your cETH

Looking for a hardware wallet to secure your cETH? Join 6+ million customers who trust Ledger wallets to secure and manage their crypto.

  • Secured by Ledger™

Trusted by over 6 million customers

cETH wallet
Ledger Secured Solution

How to secure your cETH ?

Connect your Ledger hardware wallet to a compatible third-party wallet to secure and manage your cETH. 

Ledger hardware wallet

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

Metamask

With Metamask, you can send/receive, swap cETH, view transaction history, and more.  

How to get a cETH wallet?

1
Get a Ledger wallet

Get a Ledger wallet

Select and purchase a Ledger wallet of your choice.

  • Beginner in the crypto world? Get started with Ledger Nano S Plus™.
  • Prefer a Bluetooth connection? Try with Ledger Nano X™.

Buy a Ledger

2
Connect your Ledger device to Metamask

Connect your Ledger device to Metamask

  • Visit the official Metamask website and download and install Metamask.
  • Connect your Ledger Nano to Metamask.
3
Start your cETH journey securely

Start your cETH journey securely

With your Ledger hardware wallet connected to Metamask, you can review and sign transactions securely.

Choice of 6,000,000+ 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

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.

Frequently Asked Questions

When you first buy coin, 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 hardware wallet to spend, withdraw, or transfer your coins.

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 cold wallets keep your keys secure and give you complete control over your cryptocurrencies.

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