Acala Now Supported on Ledger Devices
Acala Are Now Supported on Ledger
Acala Now Supported on Ledger. Holders of Acala’s native governance and utility token ACA can now use Ledger devices for securing or transferring assets. Other Acala-based tokens like aUSD, LDOT, and tDOT are supported, as well as Karura-based tokens like KAR, aUSD, LKSM, and taiKSM. You can also use your Ledger device with any app on the Acala and Karura blockchains, including for DOT liquid staking (LDOT) or using the DOT synthetic from Tapio, tDOT.
Generally considered among the safest methods of managing cryptocurrencies, hardware wallets allow users to keep their private keys stored safely offline. Ledger, the leader in cryptocurrency and blockchain security, now supports Acala and Karura.
Acala’s integration with Ledger means users can get the security benefits of keeping their private keys secured on a Ledger hardware device while also being able to manage accounts, perform transactions, and facilitate DApp activity all in one app.
About Ledger
Ledger one of the leading providers of secure hardware wallet solutions. Generally considered among the safest methods of managing cryptocurrencies, hardware wallets allow users to keep their private keys stored safely offline. Ledger’s popular Nano S and Nano X wallets have sold over 1.5 million units. Ledger Live is Ledger’s all-in-one cryptocurrency management application.
About Acala
Acala a decentralized finance network powering the aUSD ecosystem. The core product, Acala USD, is a decentralized, multi-collateral, crypto-backed stablecoin serving as the native stablecoin of the Polkadot ecosystem. Acala’s Ethereum-compatible blockchain has built-in DeFi protocols for application developers to leverage, including a trustless staking derivative. A decentralized exchange, and the EVM+, a hybrid EVM offering fully Ethereum-compatible development environment plus full compatibility with Substrate.
