Binance will become an intermediary in the purchase of cryptocurrencies by holders of Ledger wallets

Two major players in the digital asset industry, Binance and Ledger, have teamed up with the promise of making digital assets more accessible to the general public.

Cryptocurrency exchange Binance has partnered with French crypto wallet operator Ledger to make buying digital currencies faster for its customers. The exchange promises that owners of physical Ledger wallets such as Nano S or Nano X will be able to buy cryptocurrencies directly from their Ledger Live application, thanks to Binance as an intermediary.

The new feature allows each wallet owner to purchase more than 80 different cryptocurrencies by paying with a Visa or Mastercard credit card. The team of the largest crypto exchange is trying to show that the partnership agreement is more than just a business:

“Partnering with Ledger will allow us to bring together several aspects of the Web3 ecosystem.”

In the future, the companies promise to add more collaborative features to the wallet and develop new projects. First, companies expect to hear user feedback on their new initiative.

Earlier, Ledger announced that it was looking for new sources of funding for the development of the company – the company hopes to raise at least $100 million by increasing its market valuation.

Source: Bits

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