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Stellar arrives on Ledger
Stellar arrives on Ledger
Blockchain

Stellar arrives on Ledger

By Alfredo de Candia - 30 Apr 2020

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Stellar has officially announced that it has been added to the Ledger Live platform of the famous hardware wallet.

Indeed, XLM was still missing from this platform, despite Stellar dating back to 2015.

Users will now be able to manage XLM directly from smartphone or computer and then send and receive Lumens without complications.

This asset joins the 25 cryptocurrencies and over 1500 tokens that Ledger allows to manage with a single password. Among other things, Ledger also allows users to perform other operations with their assets, such as staking.

Moreover, this positive news adds to the long wake of the last months: for example, the rapper Akon has chosen this blockchain to launch his Akoin token; and recently the price of XLM has risen by more than 140%.

Even Ledger hasn’t stayed still in these months and this month managed to bring Algorand on its wallet by collaborating with the development team of this project.

As a hardware wallet, Ledger is among the most famous and secure in the industry, something that should never be underestimated considering that there are often direct attacks, such as those occurred on decentralized finance (DeFi), or centralized platforms such as exchanges.

Only yesterday, for example, there was news of a DDoS attack on Binance, an attack that did not allow users to access their funds, which is why it is better to use an external wallet, non-custodial, and avoid leaving funds on exchanges or centralized platforms.

 

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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