Looking for a New Crypto Exchange Because of MiCA? Switch to a Hardware Wallet Instead and Get Free BTC with a New Ledger

The European Union’s MiCA (Markets in Crypto Assets) cryptocurrency regulation has come into full effect as of July 1, causing quite a bit of commotion among Europe-based crypto users. 

Exchanges who were not able to fully comply with MiCA by the July 1 deadline have been forced to stop offering their services in the EU. The most notable example is Binance, a crypto industry titan that has over 300 million registered users across the globe. 

European users on these exchanges are now scrambling to find a new home for their crypto assets, and MiCA-compliant exchanges like OKX and Coinbase are enticing users who are looking to migrate their funds with deposit bonuses and other promotions.

Meanwhile, hardware wallet manufacturer Ledger is going with a different approach, taking this opportunity to urge users to rethink if they should even be storing their crypto on exchanges at all. 

For a limited time, Ledger is offering up to $40 worth of Bitcoin plus a 10% discount on three of its touchscreen-based wallets. Here’s a quick breakdown of Ledger’s offer:

• Ledger Nano Gen 5: $20 worth of Bitcoin + 10% discount (applies to Matcha Green, Cherry Red and Glacier White colorways)
• Ledger Flex: $30 worth of Bitcoin +10% discount (applies to Ferro Fuchsia, Crimson Magenta, Oxidate Green, BTC Orange and Solana Edition colorways)
• Ledger Stax: $40 worth of Bitcoin + 10% discount

Get 10% off on a Ledger Wallet + free BTC

To get the 10% discount, make sure to enter the code “MICA10” during checkout.

What’s the problem with keeping crypto on exchanges?

Keeping crypto on an exchange is convenient, but it also means you are trusting someone else to hold your assets. With a Ledger device, you control your private keys directly, which means you truly own your crypto instead of relying on an exchange to safeguard it for you.

Ledger also adds an important layer of protection by letting you verify transaction details before approving anything. This helps reduce the risk of hacks, phishing attacks, and malicious smart contracts. Combined with Ledger’s user-friendly app, tutorials, and security guidance, it gives crypto users a safer and more reliable way to manage their assets while staying in control.

Get 10% off on a Ledger Wallet + free BTC

Which Ledger wallet should you pick?

If you’re not sure which Ledger wallet is the best choice for your needs, here’s a quick comparison of the wallets featured in Ledger’s MiCA promo:

Ledger Stax

The Stax is the most premium device in Ledger’s lineup. It has the most screen real estate of any Ledger hardware wallet, and features an elegant design by iPod creator Tony Fadell. The E Ink touchscreen-based interface provides a vastly superior user experience to traditional hardware wallet designs, which is very valuable for those that use these devices on a regular basis.

We recommend the Stax to those who have no problem with paying more to get the most refined experience.

Ledger Flex

The Flex is best understood as Stax’s little brother, offering a very similar E Ink touchscreen interface in a slightly smaller package and at a more competitive price point. 

Ledger Nano Gen 5

The Nano Gen 5 is the most affordable Ledger touchscreen device, featuring an entirely plastic build but keeping the most important features including the EAL 6+ Secure Element and wireless connectivity via NFC and Bluetooth. If you want the smoothness of the touchscreen experience but don’t care much about premium materials, the Nano Gen 5 is the way to go. 

If you still can’t decide, check out our full reviews of these three hardware wallets:

• Ledger Nano Gen 5 review
• Ledger Flex review
• Ledger Stax review