Ledger Live will provide instant-buy and cryptocurrency swapping services via MoonPay

  • Ledger Live will use MoonPay to provide new cryptocurrency instant-buy and swap services as the latter makes an investment in the hard wallet provider.
  • The companies are working together to create teaching materials for cryptocurrency traders as part of their cooperation.

While MoonPay continues to invest heavily in the physical wallet company, Ledger and MoonPay are launching a number of services aimed at digital assets for their clientele.

In a statement released on Monday, the firms announced that Ledger Live will enable token exchanges for the payment servicer and provide instantaneous processing of cryptocurrency purchases made through Moonpay. As part of the partnership, Ledger Academy will provide its customers with additional learning tools, including courses on self-paced cryptocurrency trading and content that highlights MoonPay’s offerings.

Ledger CEO Pascal Gauthier stated in a statement on Monday that “we are constantly working to bring better ease of use and access to crypto for Ledger users, while maintaining our industry-leading hardware security.”

To honor the companies’ partnership, a Ledger x MoonPay Nano X hard wallet is also making its way into online retailers. Along with the limited-edition purple hard wallet is a $25 MoonPay cryptocurrency ticket. According to the firms, it will also soon come with a one-year membership to Ledger Recover, an ID-based key recovery service for owners of hard wallets.

This is Ledger and MoonPay’s most recent partnership. The businesses collaborated to introduce a Moonpay-enabled cryptocurrency buy option in Ledger Live in 2021.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Puskar Pande

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