Are there any limitations on the types of coins supported by Ledger?

3 answers

• Ernstsen KayaApr 17, 2024 · a year ago
  Ledger has certain limitations on the types of coins it can support. While it does support a wide range of cryptocurrencies, it may not support every single coin available in the market. The supported coins are determined by Ledger's development team and are based on factors such as market demand, security considerations, and technical feasibility. Therefore, it's important to check Ledger's official website or contact their support team to verify if a specific coin is supported before making any transactions.
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• tomcatuserJun 14, 2023 · 2 years ago
  Yes, Ledger does have limitations on the types of coins it can support. However, it supports a vast majority of popular cryptocurrencies, including Bitcoin, Ethereum, and Ripple. The team behind Ledger continuously works on expanding the list of supported coins, so it's always a good idea to check their website for the most up-to-date information on supported coins.
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• g.shiva9605Jan 01, 2021 · 5 years ago
  As an expert in the field, I can confirm that Ledger does have limitations on the types of coins it can support. However, these limitations are not unique to Ledger and are common among hardware wallets. It's important to understand that Ledger focuses on supporting the most widely used and established cryptocurrencies to ensure the highest level of security and reliability. If you're looking to store a less popular or newly launched coin, you may need to consider alternative wallet options or check if Ledger plans to support it in the future.
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