Nuvei Corporation has announced that its Simplex by Nuvei solution has joined with Ledger, the premier hardware wallet provider, to offer access to over 125 fiat-crypto assets. Furthermore, users will enjoy the convenience of a broad spectrum of fiat currencies on Nuvei. Importantly, the integration means that Leger users will access fiat currency without engaging third-party exchanges.
Ledger Live currently offers income generation through staking, access to DeFi and better management of NFT assets. Therefore, coupling these with the services on Simplex by Nuvei will increase earning opportunities.
Following the development, Ledger customers will be able to buy cryptocurrencies using Visa, Mastercard, SEPA, SWIFT and other popular payments platform. In total, there will be over 100 other fiat financing alternatives for a variety of worldwide currencies through Ledger Live. Users can now look forward to enjoying the intuitive UI and safety offered by Ledger.
Additionally, it is crucial for hardware wallet users to maximize security. Also, there’s the safe use since it avoids the extra steps of communicating with exchanges and momentarily forsaking the device’s security. Notably, will Ledger users access a variety of fiat in different combinations, but they will also access a wider range of trading and arbitrage opportunities.
Notably, not only will Ledger users access a variety of fiat in different combinations, but they will also access a wider range of trading and arbitrage opportunities. Furthermore, Simplex by Nuvei offers a greater cushion from chargebacks, fraud, and other inconveniences. This will allow Ledger to focus on attracting new users and giving value to existing customers.
“With the number of possible verified uses of crypto in the ecosystem ever-increasing, having easy onramps within the wallet is key for the continued growth of the sector,” said Philip Fayer, Chair and CEO of Nuvei.
Nuvei is a Nasdaq-listed company that offers institutions payment technology and financial consulting services. Specifically, it bridges the existing market payment barriers, improves operation costs efficiency, and optimizes acceptance rates. The company has a vast payments network spread across more than 200 countries.
Founded in 2014, Ledger is a global leader in offering secure handling of crypto assets. Its cutting-edge security has seen it dominate the market, holding over 15% of all crypto assets. Its premier products include Nano S and Nano X, which are hardware wallets. These hardware wallets integrate with the Ledger Live App to offer users an intuitive experience under a secure environment.