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❕NEWS Coinbase announces support for hardware wallets, starting with Ledger

L

LutherKing

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Major exchange Coinbase has announced it will begin to supporting crypto hardware wallets, starting with Ledger. The two companies made the announcement at the Ledger Open conference, which is taking place in Paris on Dec 9 and 10.


Users of the Coinbase Wallet browser extension will be able to connect their Ledger hardware wallets, maintaining self-custody and full
controlover their assets.

According to news the company will roll out the tech features for the users in the 2022

All users on coinbase along with on the app will be able to store coins on the with private keys

Coinbase said that the cryoto is now moving into utility phase and not just buying and selling
 
Coinbase is always setting the pace for other exchange platforms to follow. The fact is that cryoto has now moved into utility phase and not just buying and selling and things like this need to be put in place. This is just a great development from Coinbase and I'm sure a lot of people will love to take advantage of this because of its benefits
 
It is very good that they are adding this support because it is news like this that will actually be able to show the people the support that the added security measures are getting from these exchanges and in turn i think that this will help them in trying to promote the hardware wallets as well.
 
not just buying and selling ,it's true that crypto is moving into utility phase , people needs a proper ledger wallet to store their keys and others , because we have seen cases of misplacement and others of the keys good to see Coinbase contribution on the development to me it's all good
 
That's good because people will now be able to transfer their assets much securely than having to rely on third party tools

This thing will allow significant investors having more trust on the platform and it will have more chance and room.for growth so that is a welcome development for the company to be honest actually in my opinion .
 

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