Ledger Live to offer crypto swap, instant-buy services through MoonPay

Companies • April 22, 2024, 3:14PM EDT

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Quick Take

Ledger Live will offer new crypto instant-buy and swap services through MoonPay, as the latter invests in the hard wallet company.
As part of the partnership, the companies are also collaborating on educational content for cryptocurrency traders.

Ledger and MoonPay are rolling out several digital asset-focused services for customers as the latter pours funds into the hard wallet company.

The companies said Monday in a statement that Ledger Live will offer instant processing of crypto purchases through Moonpay and add support for the payment servicer’s token swaps. As part of the collaboration, Ledger Academy will launch new self-paced crypto trading tutorials and other learning resources for its users, including content focused on MoonPay's services.

"We are constantly working to bring better ease of use and access to crypto to Ledger users, while maintaining our industry-leading hardware security." Ledger CEO Pascal Gauthier said Monday in a statement.

A Ledger x MoonPay Nano X hard wallet is also hitting online stores, commemorating the companies’ collaboration. The limited-edition purple hard wallet comes with a $25 crypto voucher from MoonPay. It will also soon include a one-year subscription to Ledger Recover, an ID-based key recovery service for hardwallet owners, according to the companies.

This is the latest collaboration between Ledger and MoonPay. In 2021, the companies partnered to launch a Moonpay-enabled crypto buy option in Ledger Live.

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About Author

Elizabeth Napolitano is a data reporter covering business and technology news, with a focus on cryptocurrencies. Prior to joining The Block, Elizabeth reported on BigTech, AI, crypto and videogames for CBS Moneywatch. As a CoinDesk reporter, she covered DeFi, NFTs and U.S. courts. She holds an MA in Journalism from CUNY. Follow her on X: @LizKNapolitano