The original hardware wallet: securely hold your crypto assets. With the Ledger Nano S, all cryptocurrency transactions are processed in a secured environment hence allowing you to carry out cryptocurrency transactions even on a compromised computer.
Ledger Nano S gives you full control over your cryptocurrencies. This means no third party can freeze or lose your funds. You are however still responsible for securing and backing up your wallet.
This wallet is loaded from a secure specialized environment provided by the device. This provides very strong protection against computer vulnerabilities and malware since no software can be installed on this environment.
The Ledger Nano S supports various companion apps such as other cryptocurrency wallets and other crypto tools such as FIDO® U2F, GPG. It comes with a built-in display panel which lets you check and confirm your transactions.
Ledger has one of the most diverse support for different cryptocurrencies such as NEO, Vechain and Monero. Ledger Nano S supports 1100+ different assets, making Ledger the only hardware wallet available for many coins.
64-bits desktop computer (Windows 8+, macOS 10.8+, Linux) excluding ARM Processors. Also compatible with Android 7+ smartphones. You will need an OTG kit to connect your Nano S to your desktop or smartphone.
The Ledger Nano S hardware wallet is cold storage solution for those with substantial holding of bitcoin or who simply want maximum security for their coins. You should also consider using a wallet like Ledger when bitcoin (or other alt-coins) are about to fork. When you purchase your Ledger Nano S, you will get the following items in your box.
Download an App
Ledger Live is a companion app to your hardware wallet. If you want, you can install Ledger Live on your phone, too.
Here is a step-by-step guide on how to set up and configure your brand-new Ledger Nano S device.
Like other hardware wallets, you connect it to your computer using a USB cable. In looks, it resembles a standard storage stick, approximately 60mm in length when stored or 98mm when folded out during use. The outer protective surface is a nice brushed metal which gives the Ledger Nano S a feel of quality which its main rival lacks, making it a nice object just to hold.
The inner working section is a hard plastic which, again, feels good quality. Although the OLED screen on the Ledger Nano S is only 7mm x 25mm, the display is clear and easy-to-read through the use of blue text on a black background. Once set-up, you can change the screen brightness, rotate the screen or invert colours.
The latest firmware update really brings the Ledger Nano S device up to date with 2020, and a serious contender to other wallets in the market.
You can order a new one and restore your funds using your seed key. You can also restore your seed on any other popular Bitcoin wallet like MyCelium, GreenBits, Electrum, and CoPay.
No, you can store newly supported cryptocurrencies on your existing Ledger.
Ledger supports BTC, BitcoinCash, ETH, ETC, LTC, Dash, Stratis, Komodo, Ripple, and zCash. Also, support new cryptocurrencies are adding every few months. There are more than 1100+ cryptocurrencies/tokens right now supported by Ledger Nano S.
Yes. A single recovery phrase supports all cryptocurrencies. You can restore any cryptocurrencies (that you are using on your Ledger device) using the same recovery phrase.
You can reset your Ledger Nano S to its factory settings by entering the wrong pin 3 times. You will then need to restore your wallet using the 24-word backup key.
There are many people that think that they can use Bitcoin anonymously since they do not have their personal identities on the blockchain, but this is not correct since Bitcoin can easily be tracked back to the owner due to its permissionless protocol.
Cryptocurrency mining can be extremely rewarding if done right. Many people earn substantial amounts of money by running full mining nodes for various cryptocurrencies. This guide will share a few meaningful cryptocurrencies you, too, can mine via GPUs to earn rewards and contribute to their decentralization.
The mining itself has been greatly simplified with people developing simpler mining software that can be set up by almost anyone. And while the latest software with Windows-based GUI is probably a best option for a mining beginner, more complicated text-based mining programs are still available for experienced miners.
If you have been following banking, investing, or cryptocurrency over the last ten years, you may be familiar with “blockchain,” the record-keeping technology behind bitcoin. And there’s a good chance that it only makes so much sense.
