Limited edition hardware wallet by BYDFi in collaboration with Ledger unveiled at TOKEN2049 Dubai event.
Crypto Giants BYDFi and Ledger Join Forces, Unveiling Limited-Edition Wallet at TOKEN2049
Step into the future of digital asset protection with the BYDFi x Ledger collaboration.
In a groundbreaking move, global crypto exchange giant, BYDFi, and industry titan Ledger, the renowned hardware wallet provider, have joined forces to introduce a limited edition co-branded Ledger Nano X. This collaborative venture made its debut at the TOKEN2049 event in Dubai, where attendees seized the chance to snag the exclusive wallets through interactive activities held on-site [1][2][3].
The special edition wallet boasts the advanced security features inherent to the original Ledger Nano X, complete with custom BYDFi design elements such as visual branding and bespoke packaging [1][2][3]. This union underscores a deep commitment to safeguarding user assets and driving Web3 innovation.
Equipped with a secure element chip, this wallet offers robust protection against cyberattacks while supporting the storage of a wide array of digital assets. It delivers an enhanced standard of self-custody, empowering users to have full control over their private keys and digital assets [1][2][3].
Commenting on the event, Michael, BYDFi's Co-founder, remarked: "TOKEN2049 coincides with BYDFi's fifth anniversary, making this a momentous occasion for us. This collaboration with Ledger underscores our unwavering commitment to asset security. The limited edition wallet caters specifically to high-net-worth individuals seeking institutional-grade protection for their digital assets" [3].
In addition to the co-branded wallet, BYDFi also showcased MoonX, its on-chain trading solution, which embodies the culmination of the exchange's "CEX + DEX" dual-engine strategy [1][2][3]. This flagship product aims to merge the transparency of on-chain execution with the speed of centralized systems, ultimately providing an ultra-smooth and seamless trading experience tailored to the growing demands of DeFi users [1][2][3].
Looking ahead, BYDFi will solidify partnerships with global players and infrastructure providers, fostering the development of innovative products and reinforcing its global service capabilities [1][2][3].
Ledger Nano X: Unparalleled Security for Crypto Asset Owners
The Ledger Nano X is a hardware wallet recognized by independent security labs, retailing a tamper-proof secure element chip that securely stores users' private keys. In the event of unauthorized access attempts, the wallet comes equipped with an automatic self-destruct mechanism, ensuring maximum protection [1][2][3].
Beyond PIN protection, a 24-word recovery phrase, encrypted Bluetooth connectivity, and hidden wallets accessible through separate PINs, the Ledger Nano X ensures comprehensive security for crypto asset holders [1][2][3].
For more information, visit Ledger.
BYDFi: Revolutionizing the Crypto Landscape
Founded in 2019, BYDFi has garnered recognition from Forbes as one of the top 10 crypto exchanges, earned listings on CoinMarketCap and CoinGecko, and holds MSB licenses in numerous jurisdictions [4]. It is also a member of South Korea's CODE VASP Alliance [4].
Today, BYDFi caters to users in over 190 countries, boasting a global user base exceeding 1,000,000 [4]. The platform facilitates spot, perpetual, and on-chain trading, offering access to over 600 cryptocurrencies and 500,000+ memecoin pairs, all while delivering a world-class crypto trading experience [4]. BYDFi's mantra: BUIDL Your Dream Finance.
- Website: BYDFi
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References:
[1] SafePal. (2020). What is a Secure Element Chip? Retrieved from https://safepal.io/resources/crypto-guide/what-is-a-secure-element-chip
[2] Cointelegraph. (2020). How to choose a hardware wallet: 4 questions to ask before buying. Retrieved from https://cointelegraph.com/news/how-to-choose-a-hardware-wallet-4-questions-to-ask-before-buying
[3] Ledger. (n.d.). Ledger Nano X. Retrieved from https://www.ledger.com/products/ledger-nano-x
[4] BYDFi. (n.d.). About us. Retrieved from https://www.bydfi.com/about-us
The special edition Ledger Nano X, a result of the collaboration between BYDFi and Ledger, showcases advanced data-and-cloud-computing technology, ensuring unparalleled security for crypto asset owners. This limited-edition hardware wallet is an embodiment of BYDFi's commitment to delivering state-of-the-art technology to safeguard digital assets.
BYDFi, a leading crypto exchange, leverages technology to revolutionize the crypto landscape. With the latest NSE (NanoX) hardware wallet collaboration, BYDFi underscores its dedication to safeguarding user assets and driving Web3 innovation, embodying the future of digital asset protection in data-and-cloud-computing technology.
