• 23 November, 2024
Market News

Ledger Live Resolves the Glitch Impacting XRP Transactions

Ledger Live Resolves the Glitch Impacting XRP Transactions

Ledger Live suffered a glitch affecting the XRP transaction, which has now been resolved. The price-performance ratio of XRP has matched the earlier forecasts, thereby increasing the confidence of traders and investors for potential price appreciation. Ledger Support, the official account of Ledger, posted on X about resolving the glitch on Ledger Live.

Ledger said that they detected an issue with XRP’s backend services and are looking for a fix. They claimed that, in the meantime, users may not be able to add an XRP account or send XRP from Ledger Live. Furthermore, they assured that the glitch wouldn’t affect any of the user’s funds. Ledger allowed users to connect Ledger Nano to the XRP toolkit to view and manage the XRP until the issue was fixed.

Ledger is an ecosystem that allows users to control and manage their crypto assets with absolute security. It is an all-in-one app that lets users trade various coins like Bitcoin (BTC), Ripple (XRP), Tether (USDT), Aave (AAVE), etc. It also has the ability to store and manage over 1,800 types of tokens. One main advantage of Ledger Live is that it automatically sends all the crypto directly to the Ledger hardware wallet, providing full control and ownership of crypto assets to the users. 

In the world of crypto, the common way to swap crypto is through centralized exchanges; however, it has a huge disadvantage. These exchanges use custodial wallets, which makes it impossible to hold complete control of the assets. However, the Ledger Live wallet allows the swapping of Bitcoin, Ethereum, Litecoin, and other altcoins while providing full ownership of private keys to the users. 


Recently, in August, Ledger Live collaborated with PayPal to allow users to buy crypto assets using the global payment app. This collaboration underpins Leger Live’s commitment to building an easy-to-use and secure platform.

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