And Moonpay will prompt you to connect your Nano and confirm your Bitcoin address. Let us do it securely through Ledger Live with our partner, Coinify. To get started, open the app on your computer, connect your Nano and unlock it with your pin. Then decide which crypto you’d like to buy and make sure you have the app listed under the ‘Apps Installed’ tab. If you don’t, you can add it from the app catalog.
Choosing this strategy, it is really important to be well-informed, educating yourself, before investing and, ideally, to really believe in the cryptocurrency you invest in. Many people like to purchase some and put them to the side in the hopes that they will be worth more in the future. Bitcoin blockchain is a decentralized network that removes the need to trust third-parties.
Why buy crypto?
With Bitcoin, you have complete freedom to choose what you want to do with your assets. Here you can log in to an existing account or create a new one. If you have to create a new one, pause this video. Complete the account set up, in KYC steps, then come right back. If you already have an account, then log in here. Once that’s done, you’ll see the ‘Get Started’ page again; click ‘Continue’.
If this is your first time using Moonpay you’ll need to do a quick KYC check. Just pause this video here, complete the verification steps, and come right back. You can pay with either a bank card or with a bank transfer. You’re ready to securely and easily buy crypto assets through Ledger Live with our partner Coinify. A Crypto.com wallet helps you protect your private key, not storing your Crypto.com.
Besides, some providers are not available in some countries due to local regulations. By integrating several buying providers, Ledger aims at provides you with as much freedom as possible when it comes to crypto. Our hardware wallets are compatible with more than 1500+ different assets, including Bitcoin, Ethereum, Ripple and many more. There are different buying options, supported crypto, payment methods, and transaction fees depending on the buying provider selected in Ledger Live.
- Click ‘Buy/Sell’ on the left, then choose a crypto asset from the dropdown.
- Bitcoin is the first cryptocurrency ever created.
- Just pause this video here, complete the verification steps, and come right back.
- Provide information on your residential address and how you plan to use your account.
On this page you’ll learn how to Buy Bitcoin aka digital gold. Bitcoin is the first cryptocurrency ever created. Today, it is the most valuable and widely adopted crypto asset. Find out everything you need to know about buying, using, holding and securing your BTC. Enter the amount in fiat you want to spend in the top bar and you’ll see an estimate of how much Bitcoin you’ll receive in the bottom bar. Then press Continue.” In the next step, select the Bitcoin account you just created.
Scroll through and confirm the address on your device. Everything you need to wire funds from your accounts to Coinify is located here. Just copy and paste everything right into your bank interface. Once you send the funds from your bank, check the box at the bottom and click ‘Transfer Sent’. You’ll be brought to the order and progress page, which shows you where you are in the process. When you own cryptocurrencies, what you really own is a private key, a critical piece of information used to authorize outgoing transactions on the blockchain network.
Once synchronised, you will be given options on which new account you wish to add. Choose the account(s) to add then click “Add account”. Your new account will then be added and you can then choose to either add more accounts or close the window to finish. Provide information on your residential address and how you plan to use your account. Cash deposit is a fast and private way to buy bitcoin.
Is Bitcoin (BTC) a good investment?
Ledger hardware wallets are the smartest way to secure, manage and grow your crypto assets. You can buy bitcoin instantly by credit card or bank transfer using exchanges or Ledger Live. You’ll first have to create and validate your account before being able to buy. If everything looks good, accept the terms and conditions and click ‘Go To Payment’. If your Nano has timed out, just reopen the Bitcoin app on your device. Otherwise you’ll see an address has been generated, for receiving your Bitcoin.
Alternatively, you can add a new account for your cryptocurrency purchases- see our section titled “How to add new account for cryptocurrency purchases“. Ledger created a solution that enables you to secure and own your key. Our hardware wallet, combined with Ledger Live, is the best way to secure and manage your digital assets. Your private key always remains offline in the hardware wallet. We’ve tried out a lot of cryptocurrency hardware wallets and Ledger’s devices are definitely our preferred choice. In addition to Coinify, Ledger Live now also supports buying crypto through partners like Wyre (available only in the US), MoonPay, and BTC Direct.
Fast delivery, good online tutorials, the cold wallet has support for multiple apps and also supports ‘staking’ using Ledger Live. If you are a new Nano X or Nano S user, you would need to set up your device first and install the Ledger Live software. See here for our Ledger Nano S setup guide and Ledger Nano X setup guide. Depending on the provider you choose, you will be able to buy a different number of cryptos through Ledger Live. Supported crypto vary from one partner to another.
Also, some providers are not available in some countries due to local regulations. Then use the Manager in Ledger Live to install the coin application you want to buy on your Ledger hardware wallet. This is your gateway to securely and easily buy, exchange and grow your assets – all in one secure app. Let’s do it securely through Ledger Live with our partner Moonpay.
THE SMARTEST WAY TO SECURE YOUR CRYPTO
If you are fairly new to cryptocurrencies you might still be struggling with the concept of private key and why it’s so important. Perhaps you just get into cryptocurrency by purchasing coins on an exchange platform but didn’t even realize that they hold the private keys to your cryptocurrency. Crypto.com can be purchased on crypto exchanges by using fiat currencies.
- Many may use multiple exchanges and even skip from one exchange to another but at the end of the day your hardware wallet is where most of your cryptocurrency should be stored anyway.
- At Ledger we created a solution that enables you to secure and own this private key throughout your crypto journey – and to become the only person in charge of your coins.
- Enter your credit card details, double check your purchase details and click “Pay”.
- The main principle behind hardware wallets is to provide full isolation between the private keys and your easy-to-hack computer or smartphone.
If you don’t have a Bitcoin account or if you want to create a new one, you can do that here by clicking ‘Add Account’. Open the Bitcoin app on your Nano when prompted and Ledger Live will show the ‘Get Started’ page. Enter the amount, in fiat, you want to spend in the top bar and you’ll see an estimate of how much Bitcoin you’ll get back in the bottom bar. Click ‘Buy Now’ and the Coinify log in page will pop up. There are different crypto supported, buying options, payment methods and transactions fees depending on the buying provider selected in Ledger Live.
Your purchased cryptocurrency will be automatically deposited into your designated account on your Ledger device. When using the Buy feature on Ledger Live, the crypto you bought is automatically sent by our partners to the address created by your Ledger wallet. This makes sure your freshly bought bitcoin is kept secure and in your control from the moment you finished the purchase. You can buy Crypto.com with a credit or debit card on a crypto exchange like Coinbase or Coinmama. You’ll need to create a Crypto.com wallet (an account) and get it approved before being able to buy. To add an account, click “+ Add account” as shown in the above image.
Once the BTC has reached your account it will show as delivered in the app. Being a crypto investor requires taking security seriously and owning your private keys gives you much more power and control. The main principle behind hardware wallets is to provide full isolation between the private keys and your easy-to-hack computer or smartphone. The only people you can trust for storing your crypto assets is yourself. To get started with buying cryptocurrencies using your Nano S or Nano X, open up the Ledger Live application on your PC and go to “Buy crypto” on the sidebar.
Yes, you need to create an account with the partner of your choice. Due to regulations such as KYC (know your client), creating an account is necessarily. Depending on the partner, the buy feature is not supported in every country.
Ledger, the makers of the Ledger Nano S and Ledger Nano X has announced that their application, Ledger Live now supports buying cryptocurrencies with credit card or bank transfer. No more having to go through extra steps such as buying cryptocurrencies on exchanges and then sending it to your hardware wallet for safekeeping! In this guide, we give you step-by-step instructions on how to buy cryptocurrencies using Ledger Live on your Nano S and Nano X.