Finally, after months of waiting, the Ethereum Merge arrived. And Ledger decided to take out an offer to welcome it. As previously explained in NFTuloan News, the merger should not affect the assets that remain on the network. However, for security, one of the recommendations is to leave ether in a self-custody wallet.
Those users with ether (ETH) have the opportunity to purchase the Ledger Nano X hardware wallet and the Billfodl, a steel case for storing seed phrases, at a 20% discount.
This is Ledger’s offer for the Ethereum Merge.
Reactions to the Merge were mixed, some are for it, some are against it. But there is one thing that everyone who owns ether shares: they want to keep their digital assets safe.
And cold wallets (those that are offline) represent one of the best options when it comes to storing cryptoassets safely.
Those with an ETH address can take advantage of Ledger’s offer to purchase not only a hardware wallet, but also a case designed to protect the seed phrases.
The offer will be available for one week, until Thursday, September 22 or while supplies last. With the 20% discount, the price of the Ledger Nano X and Billfodl goes from USD 248 to USD 198.40 (excluding VAT), according to Ledger’s website.
Features of the Ledger Nano X and the Billfodl
The Ledger Nano X is made of stainless steel and plastic, and weighs 34 grams. Its connector is USB type C and it is compatible with 64-bit desktop computers (Windows 8.1+, macOS 10.14+, Linux). On the other hand, it is also compatible with smartphones with operating system from Android 7 or iOS 13.
As for the Billfodl, it is a case made of stainless steel to hold the 24 words that make up the seed phrase. According to Ledger, it is fire, impact and water resistant, and represents an alternative to replace that notebook or paper on which many write down the recovery key.
With Ethereum’s switch from Proof of Work (PoW) to Proof of Stake (PoS), uncertainty reigns in the ecosystem. Will it have a big impact on the price of ETH? Does it jeopardize the decentralization of the network? Only time will tell. For now, what users can do is take steps to protect their cryptocurrencies.