As a part of the launch, Coinbase has partnered with Ledger to unharness a limited-edition Coinbase-branded Nano X hardware case.
Coinbase billfold, an in-house billfold service offered by outstanding crypto exchange Coinbase, has extended browser extension support for Ledger hardware wallets.
The Coinbase billfold extension, offered within the Chrome net Store, may be a noncustodial wallet that enables users to store and interact cryptocurrencies and nonfungible tokens (NFT). By adding support for Ledger, Coinbase users will choose to use a physical Ledger device to store the personal keys to their wallets offline.
Coinbase senior product manager Adam Zadikoff highlighted the event as being a method to providing a further layer of security and bigger peace of mind for users. He said:
“We want to empower everyone to use DApps and access Web3, and that requires building the easiest-to-use and most accessible self-custody wallet in the ecosystem. Today’s release solves [..] the ability to use a hardware wallet for enhanced security.”
As a locality of the launch, Coinbase has partnered with Ledger to unleash a limited-edition Coinbase-branded Nano X hardware case on Ledger’s official web site.
As Cointelegraph previously rumored, Coinbase reportedly stores regarding 12% music of all crypto across over 150 quality varieties, with the company’s chief treasurer, Alesia Haas, stating at the time:
“Nearly 50% of our transacting customers are doing something other than buying and selling crypto, which indicates to us that crypto is moving beyond its initial investment phase into the long-expected utility phase.”
( Arijit Sarkar, Cointelegraph, 2022 )