Nuvei Joins Ledger to Enable Direct Crypto Services

Nuvei Joins Ledger to Enable Direct Crypto Services

The online payment platform will give Ledger customers direct access to crypto purchases with fiat currencies.

According to the official press release, Nuvei will give Ledger "on-ramping" solutions that will enable the hardware wallet users to purchase cryptocurrencies without needing to access external crypto exchanges.

Through Ledger Live, which is an "all in one" crypto management app for Ledger's hardware wallets, customers will have several funding options for their cryptocurrency needs and will be able to pay with Visa, Mastercard, amongst several other fiat payment options.

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Vice President of International Development at Ledger Jean-François Rochet spoke on the partnership with Nuvei, stating:

"Ledger Live is the gateway for digital assets and Web3, and we're excited to broaden the on-ramp offering on Ledger Live. Simplex by Nuvei is bringing more choice to Ledger customers and focuses on making it easier to enjoy all of the benefits of crypto without centralized custodians."

With Nuvei’s Simplex technology, transactions coming from Ledger’s hardware wallets will be protected from a malicious activity like fraud, and resistant to chargeback attempts.

According to the CEO of Nuvei Philip Fayer, Nuvei’s payment solutions will provide top-of-the-shelf security for Ledger hardware wallets, and give customers easy access to "onramps within the wallet" for direct crypto purchases.

Dom Z. - Crypto Analyst

by Dom Z. - Crypto Analyst, BitDegree


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