News

Ledger Collaborates with Coinbase for Direct Cryptocurrency Purchases through Hardware Wallets

single-image

The collaboration makes the once difficult process of moving cryptocurrency from Coinbase to Ledger Live simpler.

Stay in the know on crypto by frequently visiting Crypto News Today

Ledger and Coinbase have announced a strategic partnership that will see Coinbase Pay integrated into the Ledger Live app. Through this partnership, users will be able to buy cryptocurrency directly onto Ledger hardware wallets, which will expedite the process of transferring cryptocurrency and completing transactions from a desktop or mobile device.

Crypto transfers from Coinbase to Ledger Live used to be difficult and prone to mistakes. According to a recent blog post by Ledger, this new feature allows users to receive cryptocurrency purchases directly from Coinbase on their Ledger device while keeping their preferred payment options, which include ACH, Visa, Mastercard, and Maestro.

CryptoCaster Quick Check:

Without requiring additional Know-Your-Customer (KYC) procedures for current Coinbase users, users can purchase cryptocurrency through their Coinbase account for the same price as on Coinbase.com and withdraw it to their Ledger device in a matter of clicks. Moreover, the new feature allows for immediate transactions.

Advertisement

Chief Experience Officer Ian Rogers of Ledger emphasized the common goals that Ledger and Coinbase have in common, emphasizing their shared commitment to ensuring that cryptocurrency is safe and easily accessible for users.

“Coinbase and Ledger are two of the only companies in crypto for longer than ten years, and it’s already the case that we share both values and customers,” said Rogers. “Both Ledger and Coinbase are focused on making crypto easy-to-use and keeping consumers secure. Now Coinbase users can easily buy crypto right within Ledger Live, and Ledger users can easily buy with Coinbase. Ledger is proud to give this experience to Coinbase customers and option to Ledger users through this partnership.”

Coinbase Developer Payment Services’ Head of Product, Lauren Dowling, expressed excitement about the partnership by saying:

“At Coinbase, we’ve focused on building the most trusted, scaled, and reliable onramps and infrastructure for onchain builders that expand access to crypto and help drive an updated financial system. We’re delighted to collaborate with Ledger to allow users to more seamlessly purchase crypto with Coinbase Pay straight into their self-custody solution.”

The feature is being launched in major markets, such as the US, UK, EU, Brazil, New Zealand, Australia, Canada, and Singapore.CRYPTOCASTER® - DECENTRALIZED FREEDOM!


W

e hope you enjoyed this article. Before you move on, we invite you to consider supporting CryptoCaster’s journalism.

Billionaire owners like Elon Musk, Larry Fink (BlackRock), and Jamie Dimon (JP Morgan Chase) often have a strong influence on the hidden agendas surrounding the paradigm shift brought about by cryptocurrency and emerging Web3 technologies. CryptoCaster stands apart. We have no billionaire owner or shareholders to please. Our journalism is dedicated to serving the public interest in crypto development and institutional disruptions, not profit motives.

We avoid the pitfall of much U.S. and global media, which often resorts to false equivalence in the name of neutrality and retail consumer protection. While fairness and transparency guide everything we do, we recognize that there is a right and wrong stance in the fight against fiat global banking interests and the monetary reconstruction driven by the emerging crypto ecology.

When we report on issues like the FTX, Binance, and Ripple crises, we’re not afraid to name names and uncover the truth. As a crypto sentinel, we offer a fresh, outsider perspective on global monetary disruption—something often missing from the insular American and European media bubble.

CryptoCaster’s paywall-free journalism is accessible worldwide thanks to our unique reader-supported model. This is made possible by readers like you. Your support keeps us independent, free from outside influence, and accessible to everyone, regardless of their ability to pay for news and information.

We are grateful for the ongoing monetary support from our readers. If you haven’t yet considered supporting CryptoCaster, please consider contributing just once from $1 or more in Bitcoin (satoshi) or Ether, or even better, support us monthly with a bit more. Scroll further down this page to find CryptoCaster’s wallet addresses.

Thank you.

Kristin Steinbeck
Editor, CryptoCaster


Please Read Essential Disclaimer Information Here.
© 2024 Crypto Caster provides information. CryptoCaster.world does not provide investment advice. Do your research before taking a market position on the purchase of cryptocurrency and other asset classes. Past performance of any asset is not indicative of future results. All rights reserved.


Contribute to CryptoCaster℠ Via Metamask or favorite wallet. Send Coin/Token to Addresses Provided Below.
Thank you!
BTC – bc1qgdnd752esyl4jv6nhz3ypuzwa6wav9wuzaeg9g
ETH – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
SOL – DLvdMu85dW6pZMhw2E4S3pp81qQQGpy5UcdTsFEFBu4b
LITECOIN – ltc1qxsgp5fykl0007hnwgl93zr9vngwd2jxwlddvqt


CRYPTOCASTER HEATMAP


You may also like