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