Bitstamp has announced integration with the Ledger hardware wallet platform, allowing users to send their BTC directly to and from cold storage.
Also read: A $99 Trezor Could Have Prevented the $70M Bitfinex Theft
Bitstamp Integrates Ledger Wallet’s BOLOS Protocol
This summer’s Bitfinex hack, resulting in the loss of $70 million USD in bitcoin, has shaken the entire community. However, it has also led some exchanges to use better security methods.
Most recently, popular bitcoin exchange Bitstamp announced on September 19 that its platform is now tethered with Ledger software.
Bitstamp said users can safely store their funds with the Blockchain Open Ledger Operating System (BOLOS). The exchange said it wants users and traders to feel safer by being able to transfer their BTC into a secure environment.
Bitstamp’s website states:
Dear Bitstamp Customers, we are now offering