Cryptocurrency IOTA announces compatibility with popular hardware wallet Ledger

Cryptocurrency IOTA announces compatibility with popular hardware wallet Ledger

IOTA

Cryptocurrency IOTA revealed a compatibility with popular hardware wallet Ledger. IOTA coin holders will be able to store their coins (MIOTA) on the ledger Nano S device.

According to IOTA’s blog, “the Ledger hardware wallets integrate with the IOTA Trinity and Romeo Wallets and isolate user’s seeds (the key for their account) from their computer or smartphone, providing another layer of security from hackers”.

Eric Larchevêque, Ledger CEO explained in IOTA’s blog release, that “providing the highest level of security and quality is a major focus at both Ledger and IOTA,” said Eric, CEO at Ledger”.

IOTA is going for scalability and free transactions, as well as Internet of Things (IoT) application. MIOTA is also a top twenty cryptocurrency in terms of market cap.

In July, IOTA partnered with Fujitsu, “a Tokyo-based multinational IT equipment company”,.  IOTA also made notable headlines with its Bitfinex listing in June.

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