Ledger Nano S wallet Review | Features, Pros, and Con

If you’re looking for a wallet that provides you with an affordable currency selection, then Ledger Nano S is just the right deal for you. Ledger Nano S wallet offers you an attractive value via storing most of the world’s leading digital currencies. The company has emerged as one of the leading providers of hardware wallets for the digital currency.

Ledger Nano S is a hardware wallet that provides access to the world’s leading digital currencies. The company launched the Ledger Nano S, a hardware wallet that allows you to store Bitcoin and other digital currencies. One major thing about the Ledger Nano S is the fact that it’s considered the cheapest hardware wallet with a screen. All you need to know about Ledger Nano S wallet has been packaged for you on this site.

You can use Nano S wallet in Windows 7 above, Mac 10.8 above, Linux, or Chrome. It’s also important to note that Nano S can also connect to any computer using USB as the connection means. If you connect the Nano S to your computer, it will eventually sign in to transactions inside its secure environment.

How to Make Transactions with Ledger Nano S Wallet

By following these steps, you’ll be ready to start sending and receiving payments.

  1. The first thing is to connect your Ledger Nano S to a computer using a USB cable provided.
  2. After that, choose a PIN code.
  3. Then backup your recovery phrase.
  4. You’ll then have to install the Ledger Apps or integrate with the software wallet.
  5. Once you’re done with that, you’ll then start sending and receiving payments.

Note: The Ledger Nano S is available on the Ledger Wallet website for EUR79 excluding VAT.

Blockchain tracks these currencies which serve as a digital ledger to record transactions. The lists of the currencies are; Dash, Bitcoin Cash, Ethereum Classic, Litecoin, Dogecoin, Stratis, Hello, Komodo, etc. Nano S equally runs with Ledger wallet Bitcoin, Ledger wallet Etherum, Ledger wallet Ripple, Copay, Electrum, Mycelium, GreenBits, BitGo, MyEtherWallet. But the fact still remains that Ledger Nano S wallet doesn’t allow your digital currencies to be stored directly on your device.

The Nano S wallet security is quite active making it as reliable for its users. It offers integrated security features such as; Offline storage, Secure PIN code, Backup and Restoration, and Advanced Passphrase options, in order to help you send and receive payments as safely as possible. The Nano S equally holds and protects the private data needed to access and manage your digital currencies.

All you need to know about the Pros and Con of Nano S wallet have been detailed for you below:

Pros

  1. It is considered as one of the most affordable OLED-based hardware wallets.
  2. It also allows storage of the world’s leading digital currencies.
  3. Nonetheless, it equally integrates with a multitude of software wallets.

Con

One major Con of Nano S is that it’s not yet as reputable as some of the leading hardware wallets, such as TREZOR.

The Nano S is available on the official Ledger website as well as Amazon.com. You also have to keep in mind that the Nano S price is more than double on Amazon.com. So if you want to avoid the huge make-up, it’s best to buy the wallet on the official Ledger website.

If you want to get started with Nano S wallet, just click on this link for the official page >>>