Ledger Nano S Review - Hardware Wallet For Cryptocurrency ( Digital Currency )
The Ledger Nano S is another popular hardware wallet for bitcoin. My KeepKey review found here - https://steemit.com/bitcoin/@bitcoinflood/keepkey-review-bitcoin-hardware-wallet is another popular hardware wallet for digital currency.
The Pros
- Easy recovery granted you log your recovery sentence and keep it safe
- Malware and Virus Proof
- Lower price point then keepkey comes in at about $60
- As of 7-18-2017 This hardware wallet can store
Bitcoin
Dash
Dogecoin
Ethereum
Fido U2F
Komodo
Litecoin
Stratis
Zcash
The Cons
- You can only activate so many of the above coins for some reason the thumb drive is not able to handle them all at once to me this seems to me a major flaw.
- I feel like I could easily break it including the two buttons at the top you use often
How It Works
Ledger Nano 2 is a little more complicated to setup it honestly took me some time to figure it out so this is a quick recap of the major steps you need to take to get your ledger nano s up and running.
Ledgers startup can be found here - https://www.ledgerwallet.com/start/ledger-nano-s
The part you most likely will get hung up on is step 4 install ledger apps.
I recommend using chrome and here is the link for the apps - https://www.ledgerwallet.com/apps
You will need Ledger manager first to install the apps (coins) remember only so many can fit on to the ledger nano s so you will need to pick what ones you want and install them.
After this is complete you will need to download need for the Ledger wallet apps there are 3.
Each of these apps will be located in your google chrome account and will need to be accessed from here.
Depending on what wallet you want to login to depends on what app needs to be opened. From here you need to plug in to your ledger nano 2 into your usb drive, enter your pin number and make your way to the wallet you want to access then press both top buttons. This will log you into your wallet where you can get your address from.
I hope you found this article helpful on the Ledger Nano S please feel free to leave a comment below of any tips, or other wallets you enjoy.
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how long did the shipping take - they seem to be sold out now!
Thanks @bitcoinflood i need this info.
Useful information @bitcoinflood. I think about buying one.
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I can't wait to buy one, once they're back in stock.
Right! I bought keepkey and ledger a few months ago before everything went wild its now worth its weight in gold and then some.
Is there actually a wallet that holds like a lot more?
a lot more such as other types of cryptos ?
Yea, more altcoins or is this so far the only option?
Informative post to all crypto user..
Newbie here..
It can also hold Ripple (XRP)!
As I accrue more and more crypto, I'm definitely going to be getting one of these.
A smart move you for sure do not want them in an exchange I learned my lesson on that a few years ago when crypsty crashed along with all of my alt coins I had at the time :/
how to buy this one ?