Cryptocurrency partnerships are crucial for growth and reaching wider communities. Today, we notice a significant partnership catching the eye in the crypto world. The development involves Ledger and MoonPay.
Cryptocurrency Trading Made Easy on Ledger Live
Ledger, a crypto payment company, will now offer its Ledger Live users instant access to cryptocurrency purchases through its latest partnership with MoonPay.
According to details shared in a press release on Monday, this development is part of an extended collaboration with the hardware wallet manufacturer MoonPay.
MoonPay announced that the platform will become a Ledger-enabled partner, facilitating instant cryptocurrency purchases. The partnership also brings MoonPay Swap and MoonPay Sell to Ledger Live, enabling crypto to fiat transfers as well as crypto trading and selling.
The cryptocurrencies available for trading include leading digital currencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
Other milestones for the two companies include the launch of a special Nano X for MoonPay. The limited edition “Ledger x MoonPay” Nano X will include crypto vouchers and a Ledger Recover subscription.
Leveraging Seamless Web3 Solutions
MoonPay co-founder and CEO Ivan Soto-Wright stated, “Expanding our partnership with Ledger allows more people to benefit from MoonPay’s seamless Web3 solutions and take advantage of Ledger’s security offerings, enhancing the crypto experience for current and future users.”
Ledger and MoonPay first made headlines in 2021 with the launch of MoonPay-supported Ledger Live’s crypto purchase feature. Now, their new initiatives show an expansion of that initial partnership.
In December, Ledger was in the news due to a hacking incident. Following the hack, Tether CEO Paolo Ardoino made a statement, emphasizing measures taken by Tether to freeze the associated address to prevent misuse.
