TL;DR
- Ledger and Crypto.com have launched an integration that allows for easy purchase and transfer of cryptocurrencies.
- The partnership simplifies the transfer process. Eliminating manual steps, verifications, and reducing the risk of human errors.
- The new functionality is available globally, except in Japan. Supports multiple payment methods without additional fees.
Ledger and Crypto.com have announced a new partnership that will facilitate the purchase and transfer of cryptocurrencies, merging security with convenience. From now on, Ledger Live users will be able to buy cryptocurrencies and transfer them directly to their hardware wallets using Crypto.com Pay. Eliminating the need to copy and paste wallet addresses and reducing risks associated with common human errors.
Until now, transferring cryptocurrencies from Crypto.com to a Ledger device required several manual steps. Presenting potential points of failure and vulnerability. With this integration, users can make purchases and transfers in a single operation within the intuitive Ledger Live application. This advancement simplifies the process and enhances security by minimizing the possibility of errors during transfers.
Exciting update – @cryptocom Pay is now officially available as a buy provider in Ledger Live! 🔥
Starting today, 50% of Ledger Live users can enjoy this integration, with access expanding to all users by the end of the month.
Experience seamless crypto purchases with… pic.twitter.com/CF7Wx8s9a4
— Ledger (@Ledger) June 4, 2024
Ian Rogers, Chief Experience Officer at Ledger. Noted that the company’s goal is to enable users to carry out all activities related to cryptocurrency ownership without compromising security or self-custody. Thanks to this collaboration, users will be able to buy and secure their assets on their devices with a streamlined workflow. Rogers clarified that this is just the first phase of a partnership aimed at providing access to Crypto.com’s excellent services to Ledger hardware wallet users.
Ledger and Crypto Bridge Gaps in the Industry
The integration will have a global reach, except in Japan. It will allow users to employ payment methods such as ACH, Visa, Mastercard, Maestro, and Crypto.com Pay without incurring additional fees. Users will be able to purchase a variety of cryptocurrencies. Including BTC, ETH, USDC, XRP, SOL, ADA, and DOGE, and transfer them instantly to their Ledger wallets without additional KYC verification procedures if they already have a Crypto.com account.
Eric Anziani, President and COO of Crypto.com. Emphasized the importance of this integration in increasing the utility and efficiency of crypto transactions without sacrificing security. Both companies aim to drive broader adoption of cryptocurrencies by bridging the gap between trusted centralized exchanges and self-custody solutions.
The new Crypto.com Pay functionality is now available in the latest version of Ledger Live for desktop and mobile platforms. Existing and new users can create or link their accounts through the app to start buying and transferring cryptocurrencies securely.
