Selling Crypto with Ledger – A Complete Crypto Journey

11/25/2020 | Blog posts

ledger sell crypto bitcoin

As of today, you can sell your Bitcoin directly through Ledger Live! This addition empowers you with all the tools for a successful (and secure) crypto experience, all through Ledger’s solution.

What matches with our recent buy crypto and swap features? That’s right: today, we proudly announce that you can now sell your Bitcoin directly through Ledger Live! This brand-new addition is operated by our partner Coinify and allows Ledger users to sell their Bitcoin.

You no longer need to send your crypto out to an exchange to cash out your Bitcoin. As a matter of fact… you don’t even need an exchange at all! Swapping, buying and selling, all can be done directly through Ledger’s solution with our partners.

However… selling crypto?

Selling Crypto: Why?

Most people will understand what selling your crypto refers to. In a nutshell, it’s turning your digital assets back into our usual currencies, like the US dollar, Euro, Yen etc.

The more burning question: why on earth would you want to get rid of your crypto assets? Aren’t they the future of money? Well, there can be some reasons…

Many joining the crypto movement take their first steps as an investment. Similar to buying stocks, at some point you might want to take profit and see the returns on these investments. Also if you’re in a tough spot and need to pay some bills, you might find yourself in a position where you’d need to sell your beloved cryptocurrencies.

Interested in learning more about the How, What and Why of selling crypto? Check out this article. So now let’s get into the big question.

Why sell directly through Ledger?

Let’s get the biggest thing out of the way: keeping your financial independence intact.

Today, crypto exchange platforms are the most used method of selling your cryptocurrencies. The unfortunate reality is that many people leave their crypto assets on these platforms for convenience, since they’ve got the buy, sell and swap features on them. The problem is that you are not in full control of your own assets as you are not the one in charge of your private key. The exchange could limit what you can do with your own funds, thus limiting your freedom. On top, there’s the risk of the crypto exchange getting hacked or someone figuring out your login details.

With Ledger, you remain completely in charge of your own crypto. No one can tell you what you can and cannot do with your own funds through our solution. Thanks to today’s release, you don’t need to first send your cryptocurrencies elsewhere to start selling them. They can stay secured by our market-leading hardware wallets, making sure you don’t have to sacrifice ownership or security.

Most of all, with the addition of the sell feature you have the complete package.

Ledger’s Solution: The Full Cycle of your Crypto Journey

We’ve always had a vision of Ledger’s solution being the only thing you need for a successful, convenient, secure and amazing adventure into the world of cryptocurrencies. Want to start digging into cryptocurrencies? You can buy them directly through our platform. Swapping them for another asset? No problem, we got you covered. And now, with the new sell release, you’ve now got everything you need for your journey.