Wallet Type
  • Hardware Wallet
  • Supported Cryptocurrencies
    Number of Currencies
  • 1100(Show More)
  • Recovery Option
  • Yes(Show More)
  • Private Key Access
  • No
  • Storage Type
  • Cold Storage
  • Security Level
  • High(Show More)
  • User Friendliness
  • Requires Experience (Show More)
  • Price
  • €59 / $59 / £54.50 + Free Shipping Worldwide

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Ledger Nano S Review

The Ledger Nano S has built its reputation as a favored and reliable hardware wallet, highly favored by both fledgling and veteran traders for keeping digital assets secure. It accommodates multiple currencies, supporting a broad spectrum of cryptocurrencies including Bitcoin, Ethereum, and Litecoin. The Ledger Nano S promises top-notch security due to its secure chip, akin to those in credit cards, shielding your digital wealth.

Ledger Nano S Matte Black

Equipped with a display screen, the Nano S allows you to keep an eye on transactional data. It operates through two buttons that effectively manage the entire wallet processes. Noteworthy is that this wallet functions without the need for charging, as it draws power directly from your PC when connected.

Within our Ledger Nano S review, we aim to shed light on both its standout features and potential drawbacks. We'll guide you on its safe use, alongside discussing the expenses linked to owning and using this hardware wallet.

How does the Ledger Nano S stack up against the array of other crypto wallets in circulation today?

  • Ledger Nano S
  • Ledger Nano X
  • Wallet Type
  • Hardware Wallet
  • Rating
  • 4.5/5
  • Security
  • High
  • Supported Currencies
  • Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Tether (USDT), TRON (TRX), Monero (XMR), EOS, Stellar (XLM)..
  • User Friendliness
  • Requires Experience
  • Price
  • €59 / $59 / £54.50 + Free Shipping Worldwide
Ledger Nano S Review
  • Wallet Type
  • Hardware Wallet, Mobile Wallet
  • Rating
  • 5/5
  • Security
  • High
  • Supported Currencies
  • Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Tether (USDT), TRON (TRX), Monero (XMR), EOS, Stellar (XLM)..
  • User Friendliness
  • Easy To Use
  • Price
  • €119 / $119 + Free Shipping Worldwide
  • Wallet Type
  • Mobile Wallet
  • Rating
  • 4.5/5
  • Security
  • Medium
  • Supported Currencies
  • Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Tether (USDT), Stellar (XLM), 0x (ZRX), Litecoin (LTC),
  • User Friendliness
  • Easy To Use
  • Price
  • Free

eToro X Limited ('eToro X') facilitates Wallet and Exchange services. Incorporated in Gibraltar, with company ID 116348, eToro X operates from 57/63 Line Wall Road. As a regulated DLT provider, eToro X holds a licence from the Gibraltar Financial Services Commission under FSC1333B.

  • Wallet Type
  • Hardware Wallet
  • Rating
  • 4.5/5
  • Security
  • High
  • Supported Currencies
  • Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Tether (USDT), Monero (XMR), EOS, Stellar (XLM), Cardano (ADA)..
  • User Friendliness
  • Requires Experience
  • Price
  • Model T €180 / $205 / £162 + Shipping
  • Wallet Type
  • Desktop Wallet, Mobile Wallet, Web Wallet
  • Rating
  • 4.5/5
  • Security
  • Medium
  • Supported Currencies
  • Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Tether (USDT), TRON (TRX), Monero (XMR), EOS, Stellar (XLM)..
  • User Friendliness
  • Easy To Use
  • Price
  • Free
  • Wallet Type
  • Hardware Wallet
  • Rating
  • 4/5
  • Security
  • High
  • Supported Currencies
  • Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Tether (USDT), DASH, 0x (ZRX), QTUM, Litecoin (LTC),
  • User Friendliness
  • Requires Experience
  • Price
  • $49 + Shipping
  • Wallet Type
  • Hardware Wallet, Mobile Wallet
  • Rating
  • 4.5/5
  • Security
  • High
  • Supported Currencies
  • Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), 0x (ZRX), Litecoin (LTC),
  • User Friendliness
  • Easy To Use
  • Price
  • $99 + Possibly Free Shipping
  • Wallet Type
  • Desktop Wallet, Mobile Wallet
  • Rating
  • 4.5/5
  • Security
  • Medium
  • Supported Currencies
  • Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Tether (USDT), TRON (TRX), Stellar (XLM), DASH, NEO..
  • User Friendliness
  • Easy To Use
  • Price
  • Free
  • Wallet Type
  • Desktop Wallet, Mobile Wallet
  • Rating
  • 4/5
  • Security
  • Medium
  • Supported Currencies
  • Bitcoin (BTC), Ethereum (ETH), 0x (ZRX), QTUM,
  • User Friendliness
  • Easy To Use
  • Price
  • Free
  • Wallet Type
  • Web Wallet
  • Rating
  • 3.5/5
  • Security
  • Medium
  • Supported Currencies
  • Bitcoin (BTC),
  • User Friendliness
  • Easy To Use
  • Price
  • Free
  • Wallet Type
  • Mobile Wallet
  • Rating
  • 4.5/5
  • Security
  • High
  • Supported Currencies
  • Bitcoin (BTC), Ethereum (ETH), 0x (ZRX),
  • User Friendliness
  • Easy To Use
  • Price
  • Pricing varies with a Tiered Plan Approach to better suit your needs.

The Ledger Nano S offers formidable security with an unconnected secure chip, making crypto theft extremely challenging for hackers. Priced at €59, it comes in diverse hues like Matte Black, Saffron Yellow, Lagoon Blue, Flamingo Pink, Jade Green, and Transparent. To cap it, Ledger also offers two advanced models: The Ledger Blue, priced at €279.99, is tailored for seasoned users—and their most recent introduction. Ledger Nano X Express worldwide shipping is provided free of cost on all purchases.

Ledger Blue

A staggering 1.35 million Nano S wallets have found buyers thus far. For enhanced security, purchase directly from Ledger’s official site is advised.

In 2020, over two years post its introduction, the Ledger Nano S retains its popularity. This hardware wallet consistently earns its place among the top players in the ledger spectrum. The Ledger Nano X may provide slightly superior transactional safety, but the Nano S remains unbeaten for safeguarding your cryptocurrency portfolio. best wallets Ledger Nano S wallet currently extends its support to more than 1,100 cryptocurrencies and tokens, including:

Supported Cryptocurrencies

Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Ethereum Classic (ETC), Litecoin (LTC), Cardano (ADA), Dogecoin (DOGE), XRP (XRP), Zcash (ZEC), Dash (DASH), Stellar (XLM), Qtum (QTUM), Bitcoin Private (BTCP), Tron (TRX), Waves (WAVES), EOS (EOS), IOTA (IOTA), Stratis (STRAT), Komodo (KMD), Ubiq (UBQ), Viacoin (VIA), Ark (ARK), Expanse (EXP), Neo (NEO), Stealth (XST), Hcash (HSR), Digibyte (DGB), Horizen (ZEN).

These were the accessible cryptocurrencies at the time of penning this Ledger Nano S review. By the time you're reading this, anticipate the list to have grown.

Specific ERC-20 tokens, like Monero and Binance Coin, necessitate alternative software to transact through the Nano S. Tools like MyEtherWallet or MyCryptoWallet facilitate smooth transfers to and from your wallet.

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For a comprehensive list of digital assets supported by the Ledger Nano S wallet, simply...

...navigate to the concluding sections of their homepage. click here Connect the wallet to your computer using a USB 2.0 port. It harmonizes well with several operating systems, embracing Windows (7+), Mac (10.8+), and Linux.

Ledger Nano S Assets

Connectivity

Upon receiving your order directly from the official manufacturer, ensure the box includes the following:

Ledger OTG Kit

Setup & Configuration

2 Paper Cards (labeled 'Getting Started' and 'Did You Notice')

  • Ledger Nano S
  • Micro USB Cable
  • Key Chain
  • Should any component be absent, reach out to the seller without delay. Incorporated in Ledger Nano S is an anti-tamper mechanism designed to identify any unauthorized modifications from the moment it leaves the factory. Detecting unusual marks or scratches requires further verification with the manufacturer before initiating funds transfer to your wallet.
  • Recovery sheet
  • Lanyard

Prior to initial use, confirm the wallet's authenticity and that it is indeed brand new by conducting the following checks:

The Recovery Sheets should be unmarked.

  1. As the device powers up for the first time, look for the display message with 'Welcome'.
  2. The PIN code should also be unselected. Should this not be the case, contact Ledger Support without delay.
  3. For utmost safety and to thwart purchasing counterfeit products, always opt for purchasing the Ledger Nano S through the official Ledger website.

To get your new Ledger Nano S up and running, you will need to follow two pivotal steps: assigning a PIN and documenting the recovery seed. To accomplish these tasks:

Initial Configuration

Plug the Ledger Nano S into your computer via the USB cord.

  1. Follow the on-screen instructions, using both buttons on the device to proceed. Ensure you’ve elected for the 'Configure as a new device' route.
  2. Establish a PIN code, whose length can differ based on the firmware iteration. If the firmware stands at 1.2 or less, the PIN supports only 4 digits. Else, expect a range between 4-8 digits.
  3. To set the PIN code, utilize both buttons . Use one button to increase or decrease the digit value or both to switch digits. Pick a unique code devoid of any known numbers like birth year or house number.
  4. Upon entering your selected digits, confirm the PIN code by pressing both buttons.
  5. The subsequent step entails writing the 24-word recovery phrase off the recovery sheet into use. Start by entering the first word and continue, ensuring each is diligently written on your recovery sheet.
  6. Lastly, secure the recovery phrase (using both devices) to wrap up the setup process.
  7. Guard the recovery sheet safely. This acts as a vital tool for retrieving your assets should the wallet ever become lost, damaged, or stolen.

To transact your crypto assets through your Ledger Nano S, install the Ledger Live Software on your computer. Fetch it from

Install Ledger Live

Connect your Nano S and run the Ledger Live app on your PC. here .

  1. Here, make your selection from the options available:
  2. Utilize an already initialized device
    • Initialize a new Ledger device
    • Restore a Ledger device
    • In this walkthrough, we assume you’ve previously initialized the device, as listed from step 1 to step 7. Thus, option 3 is selected.

Identify Ledger Nano S and click to proceed.

  1. You'll be faced with some security queries, during which Ledger Live attempts device authentication as stipulated; upon passing, the security checklist concludes.
  2. Use Ledger Live to set a password if systems are shared. Through Ledger Live, users can easily update their Ledger Nano S's firmware to the latest version.

To transact, the pertinent crypto app must be downloaded through Ledger Live . Below’s a guide on acquiring the Bitcoin (BTC) app for BTC transactions:

Download The Apps

Ledger Live and Apps

Located on the left, open the Ledger Live app, and select 'Manager'.

  1. Connect the Ledger to your PC, and unlock the device. Consent by clicking 'Allow' when prompted.
  2. In the Ledger Manager, look for the Bitcoin app from the app list.
  3. Exploring the Ledger Nano S: A Comprehensive Review on Cryptimi
  4. The Ledger Nano S reigns supreme as the most popular hardware wallet globally, earning the trust of investors everywhere. But what makes it a must-have? Dive into our detailed review to find out!

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Receiving Digital Assets

The Ledger Nano S is not just popular; it's a fortress of security trusted by traders of all levels to guard their digital treasures. This versatile wallet supports a multitude of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, ensuring optimal security through a chip comparable to those in credit cards.

  1. Equipped with a display for transaction information and two buttons for navigation, the Nano S offers simplicity in control. No need for charging, as it powers up when connected to a computer.
  2. In this breakdown of the Ledger Nano S, we’ll highlight its strengths and areas for improvement, guide you on secure usage, and cover the costs tied to owning and maintaining this wallet.
  3. How does the Nano S stack up against other cryptocurrency wallets on sale today?
  4. eToro X Limited ('eToro X'), structured as a limited liability entity in Gibraltar with the registry number 116348, operates wallet and exchange services from its Gibraltar headquarters at 57/63 Line Wall Road. It’s a regulated DLT provider, accredited by the Gibraltar Financial Services Commission per the Investments and Financial Fiduciary Services Act, holding licence number FSC1333B.
  5. Tiered Monthly Pricing Plans
  6. Thanks to its fortified chip and offline setup, hacking the Ledger Nano S is virtually a herculean task. Available at €59, it comes in various colors like Matte Black and Saffron Yellow. Ledger further offers models like the advanced Ledger Blue at €279.99, crafted for the seasoned user.

. Fast, worldwide shipping is complimentary for all purchases.

Sending Digital Assets

With more than 1.35 million units sold, the Nano S’s safety credentials are proven. We highly advise purchasing from Ledger's official website to prevent any security mishaps.

  1. Despite being over two years old since its launch by 2020, the Ledger Nano S remains a bestseller in the hardware wallet category, appreciated for its unmatched crypto storage security against its technically superior sibling, the Ledger Nano X.
  2. Supporting an impressive array of over 1,100 cryptocurrencies and tokens, the Ledger Nano S excels at versatility.
  3. This includes heavyweights like Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and many others, providing a comprehensive support range for digital assets.
  4. With each passing year and software update, the number of supported currencies grows, offering even broader coverage for the Ledger Nano S.
  5. Click the ‘Continue’ button.
  6. For ERC-20 tokens, like Monero and Binance Coin, special software is indispensable for transactions, with MyEtherWallet or MyCryptoWallet being reliable choices.
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Security

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The entire array of digital currencies compatible with Ledger Nano S can be reviewed by CFD trading navigating to the bottom section of their homepage.

Compatibility of the wallet extends to USB 2.0 connections with various operating systems, such as Windows 7+, Mac 10.8+, and Linux.
Upon receiving your purchase from the official source, verify that the package includes the essentials:
Two informational paper cards labeled 'Getting Started' and 'Did You Notice'.
Should there be any discrepancies, contact the retailer immediately. The Ledger Nano S integrates anti-tamper software to ensure it's uncompromised as it leaves production. Be vigilant for any suspicious markings and confirm legitimacy with the manufacturer before committing assets to the wallet.

Recovery Options

It's crucial to ascertain the originality of your Ledger Nano S upon first use by checking:

  1. The Recovery Sheets, which must be void of any pre-written data.
  2. When powered on initially, the display should greet you with a 'Welcome' message.
  3. Verify that the PIN setup is blank. If pre-populated, immediate contact with Ledger support is advised.

To steer clear of counterfeit products, procure your Ledger Nano S solely from Ledger’s sanctioned website.

Integrated Services

Once you have your Ledger Nano S, you’ll need to initiate its setup through PIN creation and recovery seed note-taking:

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Link your Ledger Nano S to your computer using the accompanying USB cable.

Ledger Nano S vs. Trezor

Both the Ledger Nano S and Trezor Adhere to on-screen directions and advance through the setup by pressing both device buttons while selecting 'Configure as a new device'.

Set a security PIN, noting that its length is dictated by your device’s firmware version: pre-1.2 users have a limit of 4 digits, whereas newer versions allow up to 8 digits.

Ledger Nano S vs. KeepKey

Utilize both buttons for PIN adjustments: a unique code avoids sequences tied to personal information, like birth years.

Rating

4.5

Portability – 4.8

Security – 4.8

Ease of use – 4.5

Cryptocurrency Support – 4.5

Pros and Cons

Ledger Nano S Wallet

Confirm your PIN selection by inputting all numbers and pressing both buttons again.

The next task is to record the 24-word recovery phrase from the provided recovery sheet, crucial for configuration completion.

Where can I the buy Ledger Nano S?

If done correctly, confirm the recovery phrase using both button inputs to finalize your setup.

Can I reset my Ledger Nano S?

Guard your recovery sheet strategically to recover assets if the device is damaged, lost, or stolen.

What happens if I lose my wallet?

To execute transactions on your Ledger Nano S, install the Ledger Live software on your PC, which you can access via

How many coins can it hold?

Connect your device and launch Ledger Live.

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