- The ledger wallet has partnered with Uphold to enhance crypto purchases
- Ledger users will now be able to purchase crypto using Uphold’s fiat-to-crypto on-ramp Topper
- The partnership adds to other crypto-purchasing options offered by the wallet provider
Hardware wallet manufacturer Ledger has partnered with Uphold’s fiat-to-crypto on-ramp platform Topper to enhance crypto purchases for its users. The partnership adds another crypto-buying option for Ledger users who already have over 10 other ways to purchase crypto from their wallets. Ledger’s Jean-François Rochet clarified that the over 10 entities cater to different Ledger users’ needs, an indication that the crypto wallet manufacturer wants to expand from just helping users store their virtual wealth.
Ledger has Fewer Off-ramp Options
According to Rochet, the partnership aligns with Ledger’s mission to ease the use of crypto, adding that the collaboration won’t affect the security of users’ assets stored in Ledger wallets. Topper’s Frankie Picciano noted that the move “marks a significant step forward in providing seamless and secure user access globally.”
Rochet disclosed that Ledger is working to onboard more partners to cater to both buying and selling crypto directly from within the wallet application. He admitted that Ledger offers fewer off-ramp options, noting that there are more ways for users to buy than sell their crypto.
Topper Working on an Off-ramp Feature
Topper may also start offering crypto off-ramp services since it’s planning to launch an off-ramp feature before the end of the year. Although Topper also noted that they’re keen on enabling crypto purchases without abandoning the KYC process, it said that such processes don’t impact transaction processing times.
The partnership comes two months after Ledger announced its Flex wallet, a hardware wallet with a touchscreen and an advanced security system.
With Ledger partnering with Uphold’s Topper, it’s to be seen whether Ledger users will embrace the option instead of using the P2P option on crypto exchanges.
