Ledger Wallet Now Offers NANO & Nimiq Cryptocurrencies Support

Ledger Wallet Now Offers NANO & Nimiq Cryptocurrencies Support

One of the most important hardware wallets producer in the market, Ledger, announced support for the Nano and Nimiq cryptocurrencies. It is possible to download the 3rd party applications on the Ledger Manager.

The information has been released by Ledger on Twitter on June the 11th. Nano is currently the 37th most important virtual currency in the market with a market capitalization of $409 million dollars. Each Nano token can be bought for $3.07 dollars.

Nimiq, instead, is not so famous in the market. It is the 537 cryptocurrency according to its market capitalization ($6.5 million dollars) and it can be bought for $0.62 dollars.

Now, these two communities will be able to safely store their virtual currencies in the latest models of the hardware wallets produced by Ledger.

If you want to know more about the roadmap, you can do it here: https://trello.com/b/5nQ1mdzt/ledger-roadmap

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  1. Please don’t get confused between Nimiq (NIM) and Nimiq Exchange Token (NET). Ledger supports of course the NIM with its own blockchain that was launched this April and not the NET that is an ERC20 Token on Etherium Blockchain. NIM can be traded only on Trade Satoshi exchange at the moment and it is not listed on Coinmarketcap yet. The information mentioned in the article (market capitalization and USD price) is for the NET. 1 NET can be exchanged for a limited time still into NIM at a ratio of 1:100. In principle this is the sense of the NET but now the price in BTC of 100 NIM is much lower than the price of 1 NET. That’s amazing and I cannot understand it.


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