Ledger-to-Ledger? Hardware Wallet Integrates with Decentralized Exchange

Decentralized exchange Radar Relay has partnered with Ledger to allow for hardware wallet-to-wallet direct transfers.

AccessTimeIconJan 18, 2018 at 5:40 p.m. UTC
Updated Sep 13, 2021 at 7:23 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Decentralized exchange startup Radar Relay has announced that it has added support for the Ledger hardware wallet.

In a post published Wednesday, the Øx order book provider announced the integration with Ledger, allowing people who use the hardware to transfer ether (the cryptocurrency of the ethereum network) or supported ERC-20-based tokens directly to another Ledger wallet.

The move is notable as it marks one of the first instances where a decentralized exchange allows users to trade funds directly from one hardware – that is, physical – wallet to another. Radar Relay is already integrated with the browser-based wallet MetaMask.

Ledger wallet owners can connect their devices to their computers, open their ethereum apps, and then use the Radar Relay app to send funds as needed. From there, users can choose their gas prices and tokens, and transfer their coins using the Radar app.

Thus far, the integration has won plaudits from some quarters of the cryptocurrency community. Responses to Radar Relay's announcement were primarily positive, with Twitter users calling the move "amazing" and "a glimpse of the future."

Radar Relay is built on top of the 0x protocol, first introduced last year, which seeks to facilitate fee-less transactions on the ethereum blockchain. 0x formed as a non-profit, as well, in order to encourage users to begin using the protocol. In August, 0x raised $24 million in an initial coin offering (ICO).

The move comes just under a month after RadarRelay raised $3 million in venture funding.

Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Ledger and Radar Relay.

Ledger image via CoinDesk archives


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.