Ledger Nano S Wallet Review

Ledger Nano S – State-of-the-Art Security

Protect your Bitcoins and Altcoins with the most popular multicurrency hardware wallet on the market!

The first thing that comes to mind if you’re thinking of buying a hardware wallet should be security and Ledger Nano S has this point covered like no other hardware wallet. Like all Ledger hardware wallets, Ledger Nano S features a secure chip with a custom developed operating system named BOLOS. There is no compromise made between security and convenience. Your private key, giving you access to your coins and allowing you to make transactions, will never be exposed. Your key is protected in a secure chip locked by your personal PIN code.

Smartcard Chip

Unlike many other hardware wallets on the market, that feature a simple chip, all Ledger hardware wallets contain a “Smartcard Chip” including a secure element. Smartcard Chips are mainly used for highly secure applications, like protecting biometric data on IDs and passports or to protect credit card information. Sounds secure? Well, that’s because it is! Secure element chips are extremely difficult and very costly to hack, while simple chips require much less effort. With a Ledger Nano S wallet, your cryptocurrency assets can resist even sophisticated attacks!

There is no need for an anti-tampering sticker to protect your Nano S! The secure chip checks the integrity of your device each time when it is powered on, much better than any sticker ever would.

NEVER buy a Ledger Nano S or any other hardware wallet from eBay!

 

 

Ledger Nano S Multi-currency Support

The Ledger Nano S supports more than 700 cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum and Ripple, allowing you to manage all your assets with the same hardware wallet.

Ledger continuously expands its crypto asset coverage. The tiny Ledger Nano S can simultaneously run between 5 and 18 device applications. Even if you uninstall an application, the private keys to access your crypto assets remain secure. You will always be able to manage your assets by simply re-installing the application on your Ledger Nano S.

Ease of Use

Two Buttons One Screen Zero Confusion!

If you’re just starting up with storing your cryptocurrency assets, things can sometimes get a bit confusing. Ledger Nano S has been developed to be as straightforward and easy to use as possible while incorporating highly sophisticated security to protect your coins.

Whatever you do on the Ledger Nano S is visible on the screen. You have complete control over what is happening at any moment and you can securely verify every transaction you make. All actions are controlled by only two buttons.

Ledger Nano S Back Up and Restore

Your crypto assets will stay safe and sound even if you lose your Ledger Nano S! A confidential 24-word recovery phrase is used to back up your Nano S, allowing you to easily restore your accounts on any other Ledger device.

Your Ledger Nano S stores your private keys, which enable you to authorize transactions while your assets remain on the blockchain.

In case your Ledger Nano S gets stolen or lost, or in case you lose access to your cryptocurrency accounts, you can simply restore your accounts instantly by using the 24-word recovery phrase provided during the initialization of your device, on any other Ledger hardware wallet.

Ledger Nano S Price

The price for a Ledger Nano S is $95, slightly less than its counterpart Trezor. Buy your Ledger wallet only on the original Ledger website! Never buy a hardware wallet from eBay or other sources to be sure that the device hasn’t been compromised by a third party! Follow this link to go directly to the Ledger shop.