Binance has announced its partnership with Ledger, one of the leading hardware wallet manufacturers. The objective is to make cryptocurrency more accessible and expand the Web3 ecosystem.
Thanks to the partnership, users with verified Binance accounts can now easily buy cryptocurrencies through Ledger using their bank cards, including Visa and Mastercard. Coins are automatically transferred to a user’s Ledger address after every purchase.
Through this partnership, users are now able to purchase digital assets using fiat currency. The partnership is adopting a new accessibility level through the technology implemented by Ledger.
Binance also announced its new partnership on Twitter.
#Binance partners with @Ledger!
In an effort to increase the interconnectedness of the Web3 ecosystem, this partnership will allow verified Binance users to purchase crypto directly through the Ledger Live app.
Read more ⤵️https://t.co/wZdnyaP52D
— Binance (@binance) November 2, 2022
Binance verified accounts can be created directly in the Ledger Live application by Ledger users, and it’s available on the desktop version of Ledger Live. The Ledger app is available in ten different languages, and users can purchase more than 80 cryptocurrencies.
Binance said in a statement:
“Users can now purchase more than 80 different cryptocurrencies via the Discover section of the Ledger Live desktop app using their bank cards, including Visa and Mastercard. The whole process takes just a few clicks:”
The Ledger VP of transactions and services, Jean-Francois Rochet, commented on the partnership:
“Binance and Ledger are truly global leaders in the digital asset space, and it only makes sense to combine to provide our users the benefits of buying crypto from Binance within Ledger Live, offering Ledger’s uncompromising world-class security.”
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