Crypto-to-crypto swaps, explained

It all begins by setting up your LEDGER hardware wallet in a few simple steps. The dedicated Ledger Live wallet means that you can install all of the latest coin applications in the tap of a button.

In order to swap one cryptocurrency for another, you’ll need to make sure you have access to the Exchange app — as well as applications for the two coins in your chosen trading pair.

Next, it’s time to go to the Swap tab and pick the two cryptocurrencies in question — as well as the account of origin and the destination. Enter the amount you want to swap and double-check the rate that’s on offer. Last but not least, verify the transaction details on your device, and get the swap confirmed.

6.

Any top tips for storing cryptocurrencies safely?

Always double-check the transaction before confirming and take precautions.

Of course, there are a few safety tips that you should follow. Be vigilant for phishing scams, and make sure that you’re using the official Ledger Live app.

Never share your recovery phrase, or store it in a computer or smartphone — and only trust the details that you see on the screen of your hardware wallet.

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