C
Chris Smith
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Samsung started supported cryptocurrencies like bitcoin on its mobile phones with the Galaxy S10 in 2019. The built-in Samsung Blockchain Wallet allows users to manage and transact various digital coins, not just bitcoin — ethereum, ERC tokens, tron, and TRC tokens are all supported on Galaxy phones. But Samsung is ready to double down on crypto coins this year and support hardware wallets like the Ledger Nano S and Ledger Nano X. That’s hardly a surprising decision considering the year cryptocurrencies had so far. Bitcoin and ethereum soared to record highs, taking with them most of the other digital coins, many of which have already hit new all-time highs. Additional blockchain-related phenomenons, like the increased popularity of decentralized finance apps, NFT, and the involvement of various institutions, have also propped up bitcoin and cryptos this year. All of this helped fuel enthusiasm for cryptos, increasing demand from retail investors, who have immediate access to crypto trading from their phones.
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Galaxy phones now work with hardware cryptocurrency wallets originally appeared on BGR.com on Fri, 14 May 2021 at 07:31:40 EDT. Please see our terms for use of feeds.
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