Ledger Live's desktop application now features a significant integration with Binance, marking a new chapter in their partnership. This collaboration allows you to use a credit card to securely purchase over 80 different cryptocurrencies. You can effortlessly diversify your portfolio across multiple blockchains while maintaining complete control and top-tier security for your assets.
If you have already completed Binance's Know Your Customer (KYC) verification, you can now use your existing account to buy crypto directly through Ledger Live in just a few clicks. This integration streamlines your Web3 experience by eliminating the need to switch between apps, copy-paste addresses, or manually transfer funds from an exchange to your hardware wallet. This initiative is only the first step; support for the Ledger Live mobile app and additional payment methods will be added soon.
Why This Integration Matters
Binance, with its leading global fiat-to-crypto payment infrastructure, supports major payment methods like Visa and Mastercard. It is a trusted platform for millions of users worldwide. The collaboration brings together two giants in the digital asset space to provide a seamless and secure onboarding experience.
"Binance and Ledger are true global leaders in digital assets," said Jean-Francois Rochet, Ledger's Vice President of Transactions and Services. "It only makes sense to join forces to offer users the benefit of purchasing crypto from Binance within Ledger Live, backed by Ledger's uncompromising world-class security."
How to Buy Over 80 Cryptocurrencies Easily and Safely
You can now enjoy greater financial freedom by purchasing a wide variety of cryptocurrencies with just a few clicks, all while your private keys remain securely stored on your Ledger Nano device. If you have already completed Binance's KYC process, no additional verification is required to make a purchase.
For Existing Binance Users
This integration simplifies your workflow. There's no need to buy crypto on Binance and then manually transfer it to your Ledger. If your Binance account is already verified, you can use it to fund your Ledger Live account directly, all within a single application.
For New Users
New users get the best of both worlds: access to Binance's competitive fees and user-friendly platform, combined with Ledger's industry-leading security and self-custody model. Please note that if you do not have an existing Binance account, you will need to complete the KYC verification process within Ledger Live.
👉 Explore secure purchasing options
Step-by-Step: How to Purchase Crypto via Ledger Live and Binance
The process to buy cryptocurrency is straightforward:
- Navigate to the "Discover" section within Ledger Live.
- Select the Binance service from the list.
- Choose the cryptocurrency you wish to add to your wallet.
- Specify the amount you want to purchase.
- Your Ledger Live address will be auto-filled since you are using Binance through the app.
- Confirm the transaction directly with your Ledger Nano device.
That's all it takes. Your newly purchased cryptocurrencies will be sent directly to your secure Ledger wallet, eliminating manual transfers and the associated risks.
Ledger as Your Secure Gateway to Web3
Ledger continuously partners with leading brands, crypto exchanges, NFT projects, and payment service providers. The goal is to provide both security and convenience for everyone entering the dynamic world of Web3 and digital assets.
The integration with Binance is just the beginning of a long-term collaboration. Users can expect more services and features designed to let them fully leverage Binance's offerings while enjoying the unparalleled security and self-custody provided by Ledger.
Frequently Asked Questions
What is the main benefit of the Ledger and Binance integration?
The key benefit is a seamless and secure user experience. You can purchase over 80 cryptocurrencies using a credit card directly within Ledger Live, and the assets are sent straight to your hardware wallet, removing the need for risky manual transfers.
Do I need a separate Binance account to use this feature?
If you already have a verified Binance account, you can use it directly. If you are new, you will need to complete the KYC verification process within Ledger Live to create and use a Binance-powered account.
Is my cryptocurrency secure when using this method?
Yes. Your private keys never leave your Ledger Nano device. You maintain self-custody of your assets throughout the entire purchasing process, combining Binance's ease of access with Ledger's robust security.
What payment methods are currently supported?
The integration initially supports major credit and debit cards, such as Visa and Mastercard, through Binance's payment infrastructure. More payment options are planned for the future.
When will this feature be available on Ledger Live Mobile?
Ledger has announced that support for the mobile application is in development and will be released as soon as possible. Users should follow official announcements for updates.
Are there any fees for using this service?
Standard network and processing fees associated with Binance's platform will apply. It's always best to review the fee schedule presented at the time of your transaction within the Ledger Live interface.