Ledger and Binance team up to facilitate your cryptocurrency purchases

The announcement was made yesterday to great fanfare On Ledger’s website and the group’s Twitter account. The World’s number one cryptoasset carrier. has partnered with Binance to facilitate access to cryptocurrencies. In particular, it will be possible to buy more than 80 different directly using the desktop version of Ledger Live, the Ledger Companion application.

.@binance now available on Ledger Live Desktop!

Use your #Binance Within Ledger Live to securely purchase cryptocurrencies and receive them directly into your Ledger account, without the need to switch apps or manually transfer funds.

Read more: pic.twitter.com/jp7DFY1BHV

– Ledger (@Ledger) November 2, 2022

“ Binance and Ledger are true global leaders in the digital asset ecosystem, so this partnership is a natural fit. Our users now have all the benefits of buying cryptocurrencies with Binance on Ledger Live, and Ledger’s industry-leading security. “, said Jean-François Rochet, Vice President of Transactions and Services at Ledger.

However, certain conditions are required to take advantage of this service as easily as possible.

Without Ledger S or X, there is no salvation.

To access this new service, the user will have to (and this is quite normal, one might say), have a Nano S or Nano X storage key.. Then it is necessary to to have an account on Binance, to have registered your KYC there. (mandatory in Europe), to then be able to purchase cryptocurrencies directly in the Ledger Live app, through the “Discover” section. Acquisition of cryptocurrencies can be made by Visa or Matercard credit cards..

This partnership ” transorme “The Web3 experience, Ledger says, no longer requires copying and pasting addresses or manually transferring Binance funds to the Ledger key.

New operations already announced

This partnership is only the first act of a collaboration which will push the two companies to go further in the future. New avenues are already being explored, such as opening up the service to the mobile version of Ledger Live and ” new forms of payment “Although no information on the latter point has yet been made public.

As a reminder, Ledger is now a leading French unicorn in his field.The company sells between 2 and 3 million devices a year and in the first half of 2022 achieved a 15% growth compared to the same period last year.

A meteoric rise Done in the nose of the current bear market.. According to anonymous sources but quoted by BloombergLedger is said to be looking for Still looking to raise another $100 million. to fund its growth projects.