Ledger hardware wallet users will soon be able to convert fiat currency into cryptocurrencies and vice versa directly on their devices.
This means users with Revolut accounts could buy cryptocurrencies on Ledger Live instead of resorting to indirect methods like transferring to a crypto exchange. Users will also enjoy fast transaction times because the need for additional identity checks will be eliminated.
Pascal Gauthier, Chairman and CEO of Ledger, stated,
“Cryptocurrency adoption is inevitable. Ensuring users can securely buy and sell digital assets with self-custody is crucial as more people enter the market. This partnership with Revolut underscores Ledger’s ongoing expansion in transaction services.”
Gauthier further noted that Revolut’s alignment with Ledger’s commitment to enhancing security and accessibility in the crypto space will enable more users to confidently transition from Web2 to Web3 and embrace self-custody benefits.
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