Ledger, the company behind Nano S and Ledger Blue hardware wallets has announced support for two more crypto currencies – Ubiq and Expanse. Hardware wallet support is extremely important for the growth and security of users. It brings a new flux of users that usually buy crypto currencies that can be stored on their hardware wallets. Ledger and Trezor are two big names in industry for hardware wallets. Ledger Nano S features an OLED display that lets you the currency in use. It also lets you double-check and confirm each transaction with single tap on its side buttons.
Usually, such announcement causes a bump in price like it did in case of PivX, Vertcoin and Viacoin. Expanse and Ubiq were not so fortunate. Expanse price infact continued to drop.
Nevertheless, Ubiq’s and Expanse’s addition to supported list of crypto currencies will definitely enable current users to store their funds more securely. If you cannot afford a hardware wallet, consider using paper wallets which are (almost) equally secure.
Here is list of supported currencies by Ledger – Bitcoin, Ethereum, Litecoin, Fido, Dogecoin, Zcash, Dash, Stratis, Ripple, hello, Bitcoin cash, Komodo, Ethereum classic, Posw, Ark, Pivx, Vertcoin, Viacoin, Expanse and Ubiq. via @ledgerhq