It was announced that Switcheo, a cryptocurrency exchange based on NEO, have integrated Ledger devices for use with their exchange platform. Hardware wallet integration has been one the most frequently requested feature for Switcheo to adopt.
This is due to the fact that hardware devices are the inherently safer options among wallets. The internal testing showed no issues with either the TestNet or the MainNet.
Switcheo affirmed in a week by week refresh that NEO Ledger application v1.3.1 is presently accessible on the Ledger Manager. Moving up to the new Ledger application will permit clients of the Switcheo Exchange to transfer tokens from the exchange to their Ledger Nano S upon the arrival of its UI update on 12th June.
Keeping in mind the end goal to utilize the Ledger gadget with the trade, clients will likewise need to guarantee they have updated their Ledger firmware to rendition 1.4.2. Switcheo will release a guide on the most proficient method to utilize the Ledger wallet with their trade on June.
NEO supports Switcheo to an extent where they posted an article on this collaboration and quoted:
“Switcheo also announced details of its Community Giveaway segment of its V2 Launch Event. The launch events will offer the community the chance to win prizes through a range of different contributions.”
NEO has been running a few exercises keeping it low-key. NEO Foundation and Ontology Foundation signed a MoU agreeing to co-fund a Joint Task Force, its purpose being API standardization and shared ecosystem of smart contract.
A month ago NEO was the only double-digit gainer in the top 20. NEO has better plans coming up as it tries to make its way in the top 10. At the time of writing, NEO has a trading price of $52.96 and a market cap of $3 billion. The coin has a growth of 1,07% in the past 24 hours but it is running red with 6.25% as its weekly cap.