Blog posts, Product news | 12/17/2021

Polygon added to Ledger Live: Manage, Buy & Swap MATIC & its Tokens with Security & Convenience

crypto Ledger Live polygon

Things to know:

– You can now securely manage, buy and swap MATIC and its tokens through your Ledger Live* app while keeping your assets secure with your Ledger hardware wallet.

Polygon (MATIC) is a full-stack Ethereum scaling platform allowing fast transactions and low fees.

Ledger Live enables you to easily manage your MATIC and its tokens while enjoying the safety of your hardware wallet.

As part of our objective to enable the best and most secure user experience, we are happy to share that one of the world’s leading blockchain, Polygon (MATIC) has been added into your Ledger Live* app.

Manage, send & receive MATIC tokens through Ledger

You can now create a MATIC account in your Ledger Live app, buy MATIC with our partners (MoonPay), swap them (1inch or Paraswap) and send them through your Ledger Live app, with no need for another wallet! It’s convenient and safe.

In other words, you can now enjoy a full MATIC journey through Ledger Live. And it’s easy. All you need to do is:

  1. Create a Polygon account in your Ledger Live Account tab
  2. Buy through Ledger Live or transfer MATIC to your Account
  3. Swap it with Paraswap or 1inch to discover new coins or tokens on the Polygon Chain

Polygon: the full-stack Ethereum scaling solution the crypto industry needs

As you may know, Polygon is a full-stack Ethereum scaling platform. It depicts itself as a protocol “for building and connecting Ethereum-compatible blockchain networks” and “aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.” In simple terms, it’s an user-friendly platform which aims at transforming Ethereum into a full-fledged multi-chain ecosystem.

The MATIC token secures the system and enables a structured governance. To create new MATIC and secure the network, Polygon uses a proof-of-stake consensus mechanism.

Click here to read our Ledger Academy article and learn more about Polygon.

Enjoy ultimate Security & Convenience when managing your Assets

Whether you are a beginner or a seasoned investor, a crucial step for investing in crypto is to securely store your private keys to keep your digital belongings safe. With Ledger, your private keys are offline, stored within your Nano hardware wallet, enabling a hack-proof experience… Reassuring, right?

And while security is absolutely crucial, it’s not all. Convenience and ease-of-use should be at the center of your experience. While the current crypto ecosystem is difficult to navigate, Ledger Live is an all-in-one app where you can access a full range of Web3 services under the same roof. Here, you can securely buy crypto with MoonPay, make the most out of your coins with Bitrefill, stake ETH with Lido, display your NFTs with Rainbow.me, manage your DeFi portfolio with Zerion… And much more. 

You can find our growing list of Ledger Live partners in your Discover Section

*Disclaimer: Swap, lend, and other crypto transaction services are provided by third-party partners. Ledger provides no advice or recommendations on use of these third-party services.

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