Binance smart chain is now live on Ledger wallet, transactions involving BNB and BEP20 tokens can now be carried out on Ledger’s platform.
Ledger, a leader in crypto and blockchain security and infrastructure solutions, has announced that it now supports Binance Smart Chain (BSC).
On August 13, the crypto business announced the news on its official blog. Furthermore, Ledger stated that users would be able to maintain and transact BSC two native tokens in a secure manner. BNB, the Binance Smart Chain native token, and the BEP20 tokens are included.
Ledger Live also allows users to manage BNB and BEP20 tokens, according to the company. Users could also utilize the Ledger hardware wallet to protect their crypto assets like Bitcoin and Ethereum.
Users simply need to download the Binance Smart Chain app to their Ledger hardware device. They can then go to the accounts menu and establish a BSC account from there. Users must, however, verify and validate the address before depositing their tokens.
The team explained why they use Ledger to access BSC:
At Ledger, we enable you to be in full control of your digital assets. Your private keys remain tightly secured within your Nano hardware wallet, guaranteeing a hack-proof experience. You can manage all your digital assets securely without compromising ownership & control of your private keys. Besides, while the current crypto ecosystem is strewn with DApps, exchanges, protocols, etc, Ledger Live is an ergonomic app with all you need to access a galaxy of Web3 services, under the same roof.
