Ledger Live’s 1.5 million users will now be able to access StackinSat’s services from the app. After its launch in Switzerland, Belgium and Luxembourg, StackinSat, the first French platform for the automatic purchase of bitcoins announces its international opening, particularly to other European countries. These announcements were presented exclusively as part of the third edition of Surfin’ Bitcoin at the end of August in Biarritz, the largest Bitcoin conference in Europe, organized by StackinSat.
About StackinSat
StackinSat is the company that created the Bitcoin Savings Plan (PEB). It launched its automatic bitcoin delivery service for recurring purchases (Auto DCA Bitcoin) in France on October 1, 2020. More than 12,000 users have been won over since then. In June 2022, the platform launched its digital proof-of-reserve safe. This made it possible to affirm the final goal: to facilitate the adoption of bitcoin by everyone. This proof of reserves, a first in Europe, assures StackinSat users and regulators that all funds on deposit are kept in its vaults.
About Ledger
For its part, the French unicorn Ledger offers a solution for storing digital assets using a physical wallet. The company claims more than 5 million wallets sold and secures around 20% of cryptoassets worldwide through its two flagship products. These are the Nano X and the brand new Nano S Plus. About thirty applications are available in the Ledger Live catalog, a tool that facilitates the interaction between the physical wallet and the Bitcoin blockchain.
Flagship announcement at Surfin’ Bitcoin 2022
The two companies took advantage of Surfin’ Bitcoin 2022 to announce their strategic partnership. Ledger will now be able to offer StackinSat’s services to all of its customers, including overseas.
They will have the choice of securing their bitcoins on their Ledger Nano wallet or using the “StackinSat Vault”, StackinSat’s proof-of-reserve custody service.
” Thus, new StackinSat customers won over through Ledger Live will no longer have to manually enter their Bitcoin receiving address when creating the PEB, which greatly streamlines the automatic purchase-delivery subscription process. It should be noted that customers will also be able, if they wish, to buy-hold and leave the responsibility for the custody of bitcoins to StackinSat said Jonathan Herscovici, CEO of StackinSat.
“We are excited to offer StackinSat directly from Ledger Live. The automatic recurring bitcoin purchase feature has been much requested by our European customers. DCA is the simplest and most effective investment method to gain long-term exposure to Bitcoin which I consider to be the best store of value that exists in the market.», specifies Pascal Gauthier, CEO of Ledger.
StackinSat evolves
This strategic partnership is part of StackinSat’s long-term vision to drive widespread bitcoin adoption. First in Europe, as a store of value, before considering its use as real money in the longer term in the geographical areas where people need it most.
After opening up to Switzerland, Belgium and Luxembourg a few months ago, StackinSat is continuing its international deployment, particularly to other European countries. The company recruited Victor Le Barbier asHead of Sales & Partnershipsto accelerate the platform’s international distribution partnerships.
StackinSat’s flagship product, the Bitcoin Savings Plan “PEB”, is now available in all SEPA countries for individuals, and businesses thanks to StackinSat Pro. The site and the platform are now available in French and English. However, for the moment only customers with a bank account in SEPA countries can open an ILL. New functionalities will be announced in the coming months: instant purchases (with display of the bitcoin price in real time), payment by debit or credit card, pre-financing of its StackinSat account in euros to avoid interbank delays for one-off purchases , etc.
StackinSat is still working on other bitcoin-related products and services, including payment through its Lightning Network R&D program with the University of Pau (South-West France), whose first work will be published during the half-day scientific research “Toward Better Bitcoin” organized by Surfin’ Bitcoin 2022 on Saturday August 27 in the morning.
StackinSat’s vision remains the same. The company now offers a platform allowing savings in bitcoin in France and in all other European countries, then African countries as a means of payment. StackinSat is preparing a new fundraiser to finance this medium/long term strategic vision based on bitcoin payments.
Conclusion
This new partnership between StackinSat and Ledger, announced at the Surfin’ Bitcoin 2022 conference, will delight more than one. It also makes it possible to once again claim France as a stronghold of the cryptosphere. Stay tuned for new announcements!
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