Ledger Integrates with Coinbase Pay to Improve Crypto Transactions

Ledger, a manufacturer of hardware wallets, announced that the Ledger Live app now has  Coinbase Pay features, enabling users to move their current cryptocurrency holdings and perform transactions straight from their desktop or mobile device. 

We’re excited to announce that @Coinbase Pay is now available as a buy provider through Ledger Live!Use your Coinbase login to buy crypto, and have it immediately secured with your Ledger Read more:

— Ledger (@Ledger) February 13, 2024

Additionally, it lets customers keep using the ACH, Visa, Mastercard, and Maestro payment methods that they choose within Coinbase. As of right now, the US, UK, EU, Brazil, New Zealand, Australia, Canada, and Singapore can all access this new function.

In the past, moving cryptocurrency from Coinbase to Ledger Live was a laborious procedure that exposed customers to possible mistakes.

The Coinbase Pay connection with Ledger Live’s buy section streamlines the cryptocurrency buying process by allowing customers to purchase using their Coinbase account for the same price as Coinbase.com and withdraw funds to their Ledger with a few clicks. 

Ian Rogers, Chief Experience Officer of Ledger, predicts that when spot ETF debuts, exchanges will probably be the first stop for the next wave of cryptocurrency enthusiasts. As the industry develops, his team believes smooth interfaces like Coinbase Pay will encourage more retail investors to adopt self-custody via Ledger.

According to Rogers, newcomers can select digital ownership through self-custody using Ledger’s industry-leading hardware wallets, thanks to the Coinbase Pay connection.

Users may now instantly purchase cryptocurrency via Ledger Live and get it directly on their Ledger devices thanks to the Coinbase Pay integration. This offers customers both the ease of centralized exchanges and the option of actual ownership, according to the wallet maker.

“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,” said Lauren Dowling, Head of Product, Coinbase Developer Payment Services. 

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2024-02-13 21:24