Last year, Ledger Live introduced a new feature – cryptocurrencies swap directly in your Ledger hardware wallet. Changelly integration is one more step to an all-in-one application. Ledger Live encompasses essential features for every crypto investor – you can buy, send, receive, stake, lend and exchange cryptocurrencies in one app.
In this guide, we want to take a closer look at the exchange process to help you explore the world of Ledger.
How Does the Ledger Solution Work?
Ledger company was established in 2014 and aimed to provide secure storage for all crypto users. Since that moment, the company has launched two hardware wallets – Ledger Nano S and Ledger Nano X.
After a while, Ledger offered an all-in-one solution – Ledger Live. The app allows users to securely swap and access all the other services they need: buy, manage, sell, grow… securely thanks to the hardware wallet.
What Are the Benefits?
- High-end security. Exchange one crypto for another in a secure environment using your Ledger hardware wallet.
- Control your funds. No need to leave your crypto in someone else’s hands while swapping. You’re the one in control.
- Wide range of coins. More than 40 crypto assets to swap directly through Ledger with Changelly.
- All-in-one app. Ledger is the gateway to swap crypto securely and more: buy, sell, manage, grow… all in one place!
How to Swap Crypto in Ledger Live?
First of all, you need to purchase a device. Explore your local retailers on the Ledger website. If you already have one, then you need to set it up. Use the Ledger app Manager to install coin applications on your Ledger hardware wallet.
In order to swap crypto, you need to install the Ledger Live app and the wallet applications of the coin you want to exchange.
In the Ledger Live app Swap tab, select your crypto assets and accounts of origin and destination. Enter the amount you want to swap. Select a swap option and check the rate.
Open the Exchange application on your device. After verifying the information on your device, you can confirm the swap – that’s it!
Changelly is a crypto exchange platform that aims at making your access to crypto easy.
It provides users with speedy transactions and a wide range of supported cryptocurrencies.
Trusted by 2.5 million customers and six years of market experience, Changelly applies transparent, reasonable fees and offers reactive 24/7 support.
Choose the option that suits you best. A fixed swap rate to know in advance how much you are going to receive. Or a floating rate to swap crypto at market price, with lower fees.
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