Ledger hardware wallet supports peaq

In a nutshell: All Ledger hardware devices will support peaq from its launch. By integrating the leading hardware wallet in Web3, peaq is bringing a top-of-the-line private key storage solution to all members of its ecosystem. As soon as the $PEAQ token launches, you will be able to store it on your Ledger device. 

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Fortified security

We all know the saying: “Your keys, your crypto.” Sure, self-custody is what makes Web3 a lot safer than trusting your assets to third parties. Still, a hot wallet — one that’s always online — can make for a juicy target for hackers and scammers. So if you want your tokens to be extra safe, a cold wallet — storing your private keys offline — is a great idea.

The safest form of cold storage are hardware wallets, like Ledger. They keep your private keys offline, beyond hackers’ reach. And the great news is, all Ledger devices will support the $PEAQ token and peaq layer 1 as soon as it launches. 

The integration was handled by Zondax — a blockchain engineering company dedicated to advancing decentralized technologies. Thanks to their amazing work, you will be able to securely store your $PEAQ and other peaq native tokens, as well as sign transactions with a Ledger device from the moment the network launches. 

Ledger devices are renowned for their robust security features. At the core of Ledger’s technology is the Secure Element chip — a specialized hardware component often used in bank cards and passports due to its reliability. This chip stores your private keys in an isolated environment, ensuring they are never exposed to potential threats. Ledger devices also offer PIN protection, adding an extra layer of security. 

Ledger is compatible with over 50 software wallets, ensuring a wide variety of options for you to choose from. More importantly, Ledger ensures your peace of mind, giving you complete control of your assets. Even if your device is misplaced or stolen, a built-in recovery option allows you to restore your assets on a new Ledger wallet using your Secret Recovery Phrase, so your funds are safe and accessible at all times.

“We are excited to have peaq supported by Ledger devices from day one. This integration is a key step in ensuring all members of the peaq community can securely manage their assets with the highest level of protection. With Ledger’s industry-leading security features, members of the peaq ecosystem can have peace of mind knowing their assets are safe.”

— Leonard Dorlöchter, co-founder of peaq

“Collaborating with peaq to bring the peaq ecosystem to Ledger devices aligns perfectly with our mission to advance decentralized technologies. By integrating $PEAQ with Ledger’s robust security infrastructure and enabling clear signing we’re providing users with a reliable and trusted method to manage their assets, reinforcing the principles of self-custody and security that are central to Web3.”

— Juan Leni, Founder at Zondax

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