Ledger launches crypto hardware wallet with enhanced NFT support

Quick Take

  • The new Ledger wallet will feature clear signing for NFT transactions.
  • Ledger has already sold 10,000 units of the wallet pre-launch.

Ledger has unveiled the latest version of its crypto hardware wallet called the Ledger Nano S Plus which, among other new features, prioritizes the needs of NFT collectors.

According to the announcement issued on Tuesday, the new hardware wallet offers support for clear signing via the company’s web app to ensure the safety of NFT collectors when signing transactions. Clear signing is part of a new trend by both hardware and software wallet makers to ensure that users are aware of the nature of transactions that they are executing.

Ian Rogers, chief experience officer at Ledger, explained the clear signing feature will help to prevent collectors from falling for NFT scams.

“Billions of dollars in transactions happen via ‘blind signing,’ monthly and those are all vulnerable transactions. Fortunately, the Nano S Plus connected to Ledger Live allows users to see their transaction details when signing, ‘clear signing,’ and users should avoid signing transactions when they can’t see this information,” Rogers told The Block

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