This partnership allows users to buy cryptocurrencies on Ledger Live and withdraw directly to Ledger hardware wallets using Crypto.com
Paris, France, June X, 2024 – Ledger, the world leader in digital asset security for consumers and enterprises, today announced a strategic integration with Crypto.com Pay, Crypto.com’s payment solution. The new partnership brings the Crypto.com Pay functionality directly into the Ledger Live companion app – streamlining the process for users to purchase cryptocurrencies using their Crypto.com accounts and enabling users to automatically withdraw funds to their self-custodial solution with secure Ledger Nano X wallets and Ledger Stax, available for new purchases this summer.
Until now, transferring cryptocurrencies from Crypto.com to a Ledger hardware wallet involved a multistep manual process of copying and pasting wallet addresses across different applications. This created potential points of failure and vulnerability to user errors. The integration of Crypto.com Pay eliminates these risks by enabling users to seamlessly purchase and transfer cryptocurrencies to their Ledger devices in just a few clicks, all within the intuitive Ledger Live experience. It also enables users to retain their preferred payment methods including ACH, Visa, Mastercard, Maestro and Crypto.com Pay.
“At Ledger our goal is to allow users to do everything they want to do with crypto ownership without ever compromising on security or self custody,” said Ian Rogers, Chief Experience Officer at Ledger. “Ledger users can now easily purchase crypto with Crypto.com through the Ledger Live app, and instantly secure those assets in their Ledger device with one simplified workflow. This is just the first step in our partnership to give Ledger users access to the excellent services Crypto.com provides.”
Crypto.com’s 100M global user base alongside 6.5M Ledger wallet holders will mean millions of crypto holders can keep their assets safe in their self-custody wallets. This collaboration represents a significant milestone in Ledger’s 2024 growth trajectory and aligns closely with Crypto.com’s vision of Cryptocurrency in Every Wallet™.
Key features of the Ledger and Crypto.com integration include:
- Convenient: No need to buy on Crypto.com and then send coins to your Ledger. It’s all in one transaction (buy BTC, ETH, USDC, XRP, SOL, ADA, DOGE and more)
- Fast: Instant transactions without additional Know-Your-Customer (KYC) procedures if you already have a Crypto.com account
- Secure: Enhanced security with no risk of errors in fund withdrawal or wallet address copy-pasting.
- No extra fees: buy with Crypto.com Pay on Ledger Live at the same price as on Crypto.com
- Global availability: Access in all countries supported by Crypto.com (excluding Japan)
“Bringing increased utility and greater efficiencies without sacrificing safety and security is critical for further mainstreaming crypto,” said Eric Anziani, President and COO of Crypto.com. “This integration of Crypto.com and Ledger brings together the leading capabilities to provide users with the most comprehensive and effective crypto purchasing and transferring functionality.
The recent approvals of BTC and ETH ETFs in the U.S. illustrate a new era of crypto. With this partnership, Ledger and Crypto.com aim to drive broader adoption of cryptocurrencies by bridging the gap between trusted centralized exchanges and self-custody solutions. The seamless experience empowers more individuals worldwide to take control of their digital assets journey.
The new Crypto.com Pay integration is available immediately within the latest version of Ledger Live for desktop and mobile platforms. Both existing Crypto.com users and new users can create or link their accounts through the app to begin purchasing cryptocurrencies and transferring them securely to Ledger hardware wallets.
About Ledger
Celebrating its 10 year anniversary in 2024, Ledger is the world leader in digital asset security for consumers and enterprises. Ledger offers connected devices and platforms, with more than 6M devices sold to consumers in 180 countries and 10+ languages, 100+ financial institutions and commercial brands. Over 20% of the world’s crypto assets are secured by Ledger.
Ledger is the digital asset solution secure by design. The world’s most internationally respected offensive security team, Ledger Donjon, is relied upon as a crucial resource for securing the world of digital assets. With over 14 billion dollars hacked, scammed or mismanaged in 2023 alone, Ledger’s security brings peace of mind and uncompromising self-custody to its community.
LEDGER is a trademark held by Ledger SAS.
About Crypto.com
Founded in 2016, Crypto.com is trusted by more than 100 million customers worldwide and is the industry leader in regulatory compliance, security and privacy certifications. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation. Learn more at https://crypto.com.
