By Nermeen Nabil Khear 
With this partnership, you can trade your assets without needing a centralized exchange.
With THORChain, users can exchange assets across different blockchains right from their Ledger Live Desktop app.
Seamless Crypto Swaps Right in Ledger Live
Using Ledger’s hardware wallet, you can make what are called non-custodial swaps. This fancy term means that you don’t have to hand over your private keys to anyone else, which helps keep your funds safe.
THORChain is known for being a cross-chain decentralized exchange. This means it allows you to swap different types of digital coins, like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), DAI, and Wrapped Bitcoin (WBTC), all from one place. Users will soon be able to swap even more ERC-20 tokens.
Great news – @THORChain via @swapkitpowered is now 100% rolled out on Ledger Live Desktop!
This means that Ledger Live users can now swap assets across multiple blockchains using @THORChain via @swapkitpowered, directly from within the security of your Ledger device.
Get… pic.twitter.com/nswazrGDRA
— Ledger (@Ledger) October 31, 2024
Because THORChain is a non-custodial exchange, you don’t have to rely on a third party to handle your transactions. This helps minimize risks, like losing your money due to exchange failures or hacks.
With Ledger Live Desktop and the Ledger Exchange app, you can make high-value swaps without worrying about a thing. This integration streamlines the entire process, so users can swap their assets quickly and with confidence. There’s no need for lengthy sign-ups or complicated procedures.
More About THORChain
THORChain pools have generated a solid $2.8 million in liquidity fees, averaging about $84,000 each day. This fee income reflects the platform’s popularity and the high demand for cross-chain swaps without a central exchange.
In October, @THORChain pools generated $2.8M in liquidity fees with an average of $84K per day. pic.twitter.com/S9FzrGG8dP
— Datarun (@Abbas_ra21) October 30, 2024
By using THORChain’s decentralized liquidity pools, users contribute to the ecosystem while earning rewards, and this steady activity shows strong interest in secure, non-custodial asset exchanges.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
The post THORChain Now Available on Ledger Live appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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