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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.

Aaron S., Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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