07.07.2022

FTX Integrates Crypto Swap Functionality on Ledger Live

07.07.2022
FTX Integrates Crypto Swap Functionality on Ledger Live

By Ledger:

Things to know:

– With the integration of FTX services into the ‘Swap’ section of your Ledger Live* app, you can now swap 120+ digital assets with low fees, self-custody and world-class security. It’s a world first.

– Thanks to our new partnership, swapping your coins with FTX through Ledger Live and securing them with your Ledger Nano now only involves a single transaction with your swapped funds automatically sent to your Ledger.

– FTX is one of the world’s leading crypto exchanges “built by traders, for traders” by the famous founder Sam Bankman-Fried. FTX strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users.

COMBINE LOW FEES, SELF-CUSTODY AND SECURITY WHEN SWAPPING YOUR CRYPTO

You can now easily and securely swap 120+ digital assets (50+ for US customers) and 7000+ possible combinations of pairs (1200+ combinations for US customers) through your Ledger Live app with low fees.

On top of that, swapping your digital assets with FTX and securing them in your Ledger Nano is now much easier. Initially, you needed to trade on FTX.com and then transfer your funds to your Ledger device. With our new integration, this whole process is completed with a single transaction, making your crypto life seamless, secure and built on true digital ownership.

For Pascal Gauthier, Chairman & CEO at Ledger, “There is no better combination in crypto than the combined security and ease-of-use brought when FTX and Ledger join forces. Ledger secures 20% of the world’s crypto assets on more than 5 million Ledgers. Combined with FTX, one of the world’s leading crypto exchanges, our new partnership will combine the best of both worlds: low fees when swapping your crypto, with self-custody and world-class security.”

WHY SHOULD YOU USE FTX THROUGH LEDGER LIVE?

Combining your Ledger Live app with FTX means that you can now experience the smoothness of a leading exchange with the world-class security and self-custody enabled by your Ledger products. It’s the best of both worlds!

And we’ll never say it enough: security is non-negotiable when venturing into Web3. Whether you are a beginner or a seasoned crypto investor, a crucial step is to securely store your private keys. Using Ledger Live with your Nano X or Nano S Plus allows you to manage your digital assets while securely keeping your private keys offline, away from hacks.

WHAT IS FTX?

FTX is one of the world’s leading cryptocurrency exchanges offering a wide range of products, from spot trading, future trading, leverage, tokenized stocks, derivatives**, options and an NFT marketplace. FTX strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users.

FTX is backed by strong fundamentals. It already has 5M+ users since its launch in 2019. 200+ crypto currencies are currently tradable through this platform.

*Buy, swap, 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. 

**Subject to eligibility and restrictions pursuant to applicable law.

Source: Ledger

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