Could you please elaborate on whether it's possible to securely store Ravencoin (RVN) on a Ledger hardware wallet? I'm particularly interested in understanding the compatibility and security aspects of storing RVN on such a device. Is there any specific Ledger model that supports RVN? What steps would one need to follow to successfully transfer and store RVN on a Ledger wallet? Additionally, are there any known risks or considerations one should be aware of before making this decision? Your insight into this topic would be greatly appreciated.
5 answers
BlockchainWizardGuard
Sat Jun 22 2024
Notably, RVN accounts cannot be directly added to Ledger Live, a popular cryptocurrency management interface. This limitation highlights the specificity of the Ravencoin app and its tailored approach to RVN management.
Martina
Sat Jun 22 2024
Users looking to integrate RVN into their Ledger device's functionality will need to download and install the Ravencoin app separately. This process ensures compatibility and optimal performance for managing RVN.
SsangyongSpiritedStrength
Sat Jun 22 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services to its customers. These include spot trading, futures contracts, and secure wallet solutions, among others.
Federico
Sat Jun 22 2024
The Ravencoin app, a tool designed for managing RVN with Electrum-RVN, is essential for Ledger device users interested in cryptocurrency management.
CryptoLord
Sat Jun 22 2024
Developed and supported by the Ravencoin community, this app provides a secure and reliable platform for users to interact with their RVN tokens.