Categories: Tech

Ledger Users Can Now Buy Assets From Coinbase Without First Transferring Assets Out of Their Wallet

Hardware wallet provider Ledger has announced an integration with Coinbase payments platform, Coinbase Pay. The collaboration will allow users to easily purchase cryptocurrencies and transfer them into self-custody storage.

Integrating Coinbase Pay directly into Ledger’s interface allows users to buy and transfer digital assets swiftly within a single, unified environment. According to Ledger’s Ian Rogers, crypto’s next wave of adopters following spot ETF launches will likely start their journeys on exchanges. His team hopes seamless integrations like Coinbase Pay will persuade more retail investors to embrace self-custody through Ledger as the market matures.

The Coinbase Pay integration provides newbies the option to choose digital ownership through self-custody via Ledger’s market-leading hardware wallets, Rogers explained. With the Coinbase Pay integration, users can now buy crypto instantly within Ledger Live and receive it directly on their Ledger devices.

The wallet manufacturer touts this as giving users the choice of true ownership alongside the convenience of centralized exchanges. Rogers likened the innovation to how Skyscanner simplified booking travel. He told CoinDesk that crypto self-custody is currently used by an estimated 10 million people—less than 2% of cryptocy owners globally.

Ledger views this integration as an opportunity to showcase self-custody to the hundreds of millions of individuals just entering the crypto realm.

Terron Gold

Recent Posts

Putin Signs Landmark Crypto Law Legalizing Regulated Retail Trading in Russia

Russian President Vladimir Putin has signed a landmark cryptocy law establishing the country's first comprehensive regulatory…

3 days ago

Coinbase Brings 24/5 U.S. Stock Trading to UK Users as It Builds an Everything Exchange

Coinbase has launched 24-hour, five-day-a-week trading for nearly 4,000 U.S. stocks for eligible customers in the United Kingdom, marking another major…

4 days ago

Eliza AI Founder Declares Token Dead as Foundation Shuts Down After Lawsuit Settlement

Shaw Walters, founder of Eliza Labs, has declared the project's native ELIZA token "dead" and confirmed that the Eliza…

4 days ago

Step App Shuts Down After Four Years as FITFI Token Collapses to Near-Zero Market Cap

The Web3 fitness platform Step App has announced it will permanently shut down after four years in…

4 days ago

CLARITY Act Faces Critical Senate Deadline as Lawmakers Race Against August Recess

The Digital Asset Market CLARITY Act is running out of time in the U.S. Senate as lawmakers scramble to…

4 days ago

Cloudflare Launches Stablecoin Wallets Giving AI Agents the Ability to Pay Across the Internet

Cloudflare has unveiled Cloudflare Wallets, a new programmable stablecoin wallet system that allows AI agents to independently pay for…

5 days ago