Holding Nano? Keep it Safe with Ledger Nano X and NanoVault

Lightweight, fast and free! Nano is a fresh take on cryptocurrencies that is rapidly gaining popularity. Here’s how to secure yours.

Formerly known as RaiBlocks, Nano is an open-source cryptocurrency that is designed to make digital payments faster, more secure and more accessible than ever before.
Unlock Bitcoin which is based on a decentralized blockchain, Nano is instead based on another type of database, known as a directed acyclic graph (DAG). This imbues the platform with a variety of advantages over most other cryptocurrencies, including the ability to facilitate near instant payments with absolutely no fees.
Because of this, Nano is quickly gaining popularity as a payment platform, since users can use it to make payments of any size without incurring any fees, while the highly efficient nature of the Nano DAG means the network can handle a practically limitless number of transactions without getting clogged up — something that Bitcoin (BTC), Ethereum (ETH) and most other cryptocurrencies currently struggle with.
For those that are already holding Nano, or plan to invest in the future, then the safest way to do manage your funds is by using a cold storage solution such as the Ledger Nano X, in combination with the popular NanoVault wallet. Today’s tutorial will show you how to do exactly this.

Before you begin: You will need to have an initialized Ledger Nano X hardware wallet, plus the Nano **(NANO) **app already installed on your Ledger device. To learn how to install apps to your device, click here.

Update your Ledger Live application:

Ledger Live
Ledger Wallet
mac.app.zip)**

Connect your Ledger Nano X to NanoVault

(1) To begin you will need to load up the NanoVault web app, available here.

**(2) **Select the ‘Import an existing wallet’ option.

(3) NanoVault will then ask you to select an import type. Using the drop down menu, select ‘Ledger Nano S’ from the list.

Tip: It doesn’t matter if you are using a Ledger Nano S or Ledger Nano X, both will work with NanoVault after selecting this option.
Once your device has been detected, click the ‘Import from Ledger’ button.

(4) NanoVault should then confirm that your wallet has been configured. When you see this screen, click the ‘View accounts’ button to load your Nano wallet within NanoVault.

**(5) **Once loaded you will be able to manage and add new accounts to your NanoVault, and send payments, but you will need your Ledger Nano X connected and running the Nano app to do so.
On the other hand, changing the address book and most settings does not require the Ledger Nano X to be connected.
For more information about using the Ledger Nano X with third-party wallets for each unique cryptocurrency, click here.