Key takeaways:
- Ledger Live users can now select cryptocurrency exchange FTX.US as a crypto swap provider
- The international FTX crypto exchange became Ledger Live’s third-party swap provider in June
- FTX.US is among the largest US-serving crypto trading platforms
FTX.US is now listed among crypto swap providers within Ledger Live
FTX.US, one of the most popular trading platforms among US-based crypto investors, has announced a partnership with Ledger, a leading hardware wallet company. As a part of the deal, users can select FTX.US to convert their digital assets on the Ledger Live platform for lower prices.
The FTX.US team sent out an email to its users on July 15, notifying them about the new feature. “Users can now select FTX US as a swap provider within the Ledger Live app and directly swap more tokens at low fees,” wrote FTX.US.
Ledger is a crypto-focused company developing blockchain security and infrastructure solutions, allowing users to store their private keys on specialized hardware. In addition, the Ledger Live platform allows users to manage their hardware wallets and buy, sell, trade, and transfer crypto assets from a single place.
The news of FTX.US being selected follows the rollout of the FTX international cryptocurrency exchange as a third-party swap provider within Ledger Live in June.
In related news, FTX.US raised $400 million at an $8 billion valuation earlier this year, elevating the company’s market cap beyond that of its main rival Binance US, which raised $200 million in seed funding at a $4.5 billion valuation in April. It is worth noting that FTX.US surpassed Coinbase as the most liquid US-regulated crypto exchange in November 2021.
The price of the native FTX exchange token, FTX Token, increased +5.2% in the last 24 hours, and +16% in the past seven days. According to our algorithmically generated price predictions, FTT’s price could increase by an additional 20%+ in the coming weeks.
