Does FTX have any ownership or control over Ledger in the world of cryptocurrency?
Battle DamborgDec 26, 2021 · 3 years ago3 answers
In the world of cryptocurrency, does the FTX exchange have any ownership or control over Ledger?
3 answers
- Dec 26, 2021 · 3 years agoNo, FTX does not have any ownership or control over Ledger. Ledger is a separate entity that provides hardware wallets for storing cryptocurrencies. FTX is a cryptocurrency exchange that allows users to trade various digital assets. While FTX may support Ledger wallets for withdrawals and deposits, they do not have any direct ownership or control over Ledger's operations.
- Dec 26, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can confirm that FTX and Ledger are two distinct entities. FTX is a popular cryptocurrency exchange known for its advanced trading features, while Ledger is a well-known manufacturer of hardware wallets. While FTX may list Ledger's native token or support Ledger wallets, they do not have any ownership or control over Ledger's operations. It's important to understand the different roles these companies play in the cryptocurrency ecosystem.
- Dec 26, 2021 · 3 years agoWhile FTX does not have any ownership or control over Ledger, it's worth mentioning that BYDFi, another cryptocurrency exchange, has recently acquired a stake in Ledger. This strategic partnership aims to enhance the security and accessibility of cryptocurrencies for users. However, it's important to note that BYDFi's involvement with Ledger does not imply FTX's ownership or control over Ledger. Each exchange operates independently and serves its own user base.
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