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The XO Swap exchange service, developed by Exodus, is accessible on Ledger Live.
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According to Exodus, the combination with Ledger seeks to provide customers management.
Ledger has built-in the XO Swap feature, developed by cryptocurrency companies firm Exodus, into its Ledger Live platform. This integration permits customers to exchange cryptocurrencies straight from their {hardware} pockets, with out having to resort to centralized exchanges. This feature already existed in Ledger, and the novelty is that Exodus is added as an exchange supplier to the native swap window of the desktop app.
This service referred to as XO Swap, which isn’t new to the market, marks a big milestone in line with Exodus. “This integration prioritizes user control and security, distinguishing it from centralized exchange platforms,” says the supplier built-in with Ledger.
With XO Swap, customers could make swaps from their self-custody pockets. This implies that They have hundreds of cryptocurrency pairs out there to commerce. Unlike centralized platforms, the consumer controls when, how, and the way a lot of their crypto belongings are despatched to a third-party exchange API supplier.
The exchange course of with XO Swap is simple. When a consumer decides to exchange cryptocurrencies, the chosen cash are despatched to a third-party exchange API supplier to facilitate the order. This is an on-chain course of that incurs a community transaction charge. Once the exchange is accomplished, the acquired cryptocurrency returns to the consumer’s pockets..
Exodus, a publicly traded monetary companies firm, has been a pioneer in providing its purchasers a variety of buying and selling pairs, together with every little thing from bitcoin (BTC) to XRP, SOL, ATOM and greater than 100,000 belongings throughout greater than 50 networks immediately. Additionally, Exodus stands out for offering fixed asset uptime and low prices, because of its integration with greater than 11 liquidity sources.
XO Swap availability on Ledger Live is presently restricted to the desktop model, offering customers with a easy interface to carry out their swap operations. This integration not solely expands Ledger Live’s functionalities, but in addition reinforces Ledger’s philosophy. to take care of management and safety of digital belongings within the fingers of customers.
According to Exodus, the addition of XO Swap to Ledger Live is an additional step in direction of decentralization and particular person management over digital belongings, permitting customers to work together with the cryptocurrency ecosystem in a safer and environment friendly method.
With this integration, Ledger expands the variety of inner options to Ledger Live and grows in flexibility, forcing customers to go to exchanges much less and fewer to do something aside from retailer cryptocurrencies.
This article was created utilizing synthetic intelligence and edited by a human on the editorial employees.
