Store Your Crypto and NFTs Safely with Ledger

ledger hardware wallet store crypto nfts safely

Ledger is super safe, easy to use and gives you complete financial freedom

To store your digital assets like crypto tokens and NFTs, Ledger offers one of the safest and convenient solutions. Over 4 million Ledger users worldwide can be sure that their assets are super safe, while they can still use them as they please. 

Within the crypto space Ledger has become one of the most trustworthy and pioneering hardware wallets on the market. A password and a 24 words recovery phrase secured hardware wallet keeps all your assets safe, while an additional app, Ledger Live,  allows you to manage your cryptocurrencies and NFTs. The hardware wallet supports thousands of coins and gives you full ownership over all those assets. You have the keys, and nobody else.

Cryptocurrencies are becoming a more integral part of our lives, slowly but surely. At the same time we’ve seen the rise of NFTs, good for $16 billion in trading volume in January alone. NFTs revolutionize the way we look at digital ownership. Like all digital assets, also NFTs need to be protected and secured. Of course, this is also possible with Ledger. 

Thanks to Ledger, you can secure NFTs on Ethereum blockchain and manage or display them on your app. always securely. Send them to friends and family, while Ledger will soon even introduce NFT minting, selling and buying directly from within Ledger Live thanks to the integrated services from the Rarible NFT marketplace. 

Ledger Live and Crypto Life cards

Using both your Ledger hardware wallet and the Ledger Live app (mobile or desktop), check your balance and portfolio, buy, sell, send receive cryptocurrencies. and get direct access to decentralized applications (dapps) like the exchange aggregator 1inch and soon lending protocol Aave. Ledger is thus a one-stop shop for those who want to trade and store their assets. Keep in mind that buy, exchange, lend, and other crypto transaction services are provided by third-party partners. Ledger provides no advice or recommendations on use of these third-party services.

To make things even more interesting for crypto traders and especially mainstream users, Ledger partnered with Baanx to launch the new Crypto Life card (CL card)This card allows you to convert crypto to fiat when making a purchase. This means you stay in crypto until the very last moment. This also allows you to receive your paycheck in crypto, while managing all spending limits and other card options from the Ledger Live app. You can now join the waitlist for these new CL cards, and make crypto a part of your daily life.

Why you should use a Ledger hardware wallet

Using a hardware wallet gives the owner full control over the cryptocurrency wallets in that particular hardware wallet. This means one hardware wallet can contain multiple wallet addresses. Users use a mnemonic or seed phrase to create a backup of their wallet addresses and private keys. As always, never share your private keys or mnemonics with others.

Hardware crypto wallets like the Ledger provide more safety from viruses and hackers than software wallets. This is because they keep one’s private keys (used for accessing the crypto assets) completely offline, away from a network-connected computer that could potentially contain harmful or vulnerable software.

When storing digital assets like NFTs and cryptocurrencies, a Ledger hardware wallet is a necessity. DappRadar has listed the Ledger Nano X and the Ledger Nano S among the best crypto hardware wallets for 2022. And the new LNS Plus will come soon in April… keep posted!

Disclaimer — This is a sponsored article. DappRadar does not endorse any content or product on this page. DappRadar aims to provide accurate information, but readers should always do their own research before taking action. Articles by DappRadar can not be considered as investment advice.

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