Ledger recently announced support for the dYdX chain and its native DYDX token in the Ledger Live application.
dYdX is a decentralized cryptocurrency exchange offering perpetual swap trading options for assets like Bitcoin, Ethereum, and USDC. The platform operates without KYC requirements, allowing users pseudonymous access to trading and lending pools.Charles d’Haussy, CEO dYdX Foundation.
This integration represents a continued push towards seamless, secure accessibility of Web3 applications for Ledger users. With private keys always kept offline, account takeovers remain extremely unlikely while still allowing users to earn yields through staking.
As decentralization technology matures, collaborations bridging hardware security and software accessibility help onboard new users and progress ecosystem growth.
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Author: Oliver Dale
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