The team behind the famous hardware wallet known as Ledger Nano S has announced the launch of the Ledger Live App for smartphones operating on iOS and Android. The app is currently compatible with devices running on iOS 9+ and Android Lollipop (5 and above) or higher. The smartphone software currently allows owners of the Ledger Nano S and the Ledger Blue to consult their balances and their real-time values. Owners of the Ledger Nano X have the added advantage of transacting wirelessly.
The announcement went on to explain how the mobile app will be synced with the hardware devices.
Ledger is excited to announce that the highly anticipated Ledger Live mobile phone application is now available. This allows Ledger Nano S and Ledger Blue users to view their balances by scanning a LiveQR code presented on the Ledger Live desktop version. Currently featured in consultation mode, the app enables you to check the value of your crypto assets anywhere you go.
App Supports Wireless Transactions
As earlier mentioned, owners of the bluetooth capable Ledger Nano X can now be able to transact wirelessly using the mobile app as a convenient user interface. In the future, this feature will become available for Ledger Nano S owners who have android powered smartphones. Transactions will be facilitated by the OTG (On-The-Go) cable since the Nano S does not have bluetooth capabilities. Due to technical limitations, this function will not be available for iOS devices.
With time, the team at Ledger plans on having the mobile app working exactly like the desktop version.
More on the Ledger Live App
The mobile app will allow owners of the hardware wallets to follow their portfolios in real-time wherever they are. The app enables investors to know the value of their holdings rather than going back to their hardware devices and desktop apps. It also offers a step-by-step on-boarding guide to take the users through the process of syncing to their hardware wallets. The Live app guarantees adequate security for the user with the added features of password protection and bio-metric authentification.
What are your thoughts on Ledger’s new Live App for owners of the hardware wallets to track their investments on the go through their smartphones? Please let us know in the comment section below.
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