Ledger, a Paris-based digital asset company, reported increased buying and trading activity due to recent market volatility. The company shared its statement in an August 6 post on X.
"With yesterday's volatility, we saw a lot of people taking advantage of Ledger's many options to buy and trade with our partners," said Ledger. "Scroll down for a reminder of what's available to you inside Ledger Live! You can buy a wide variety of coins, such as $BTC, $ETH, $SOL, $ADA, $USDT, and many more, easily and securely through Ledger Live. Our buying partners include @Paypal, @coinbase, @Moonpay, @btcdirect, @sardine, @coinify, @BanxaOfficial, @cryptocom and more!"
According to an interview with CoinShares CEO Jean-Marie Mognetti, Bitcoin and the crypto market have been volatile lately because they trade 24/7, making them "more sensitive to macro events" around the world. This volatility has led many people to take advantage of Ledger's options to buy and trade on their Live app.