Ledger Nano S -- What You Should Know
Ledger Nano S
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If you haven't heard of the Ledger Nano S by now, where have you been?
Ledger Nano S is the most advanced cryptocurrency hardware wallet. In partnership with Intel, Ledger has created perhaps the most secure, and easy to use, hardware wallets on the market.
Ledger boasts support for the most cryptocurrencies as well. You can check out the full list by visiting https://www.ledgerwallet.com/cryptocurrencies.
When you first receive your Ledger Nano S you will take it out of the box and read the instructions. You will be guided in the setup of creating your 24 word recovery seed. Take the time to carefully write these words down for safe keeping and ensure that no one ever sees them (these 24 words give the holder full access to your funds even without your Ledger device).
After setting up the wallet and testing your backup, swing by the https://www.ledgerwallet.com website and download the Ledger Manager application. Through the Ledger Manager, you will be able to add wallet apps for every supported cryptocurrency.
I personally recommend purchasing 2-3 of the devices so that you will always have a backup available when needed.
MAKE SURE YOU BACKUP THE RECOVERY PHRASE!!!
Well, that's all for now. Let me know if you have any questions about the Ledger Nano S that you haven't been able to find an answer to. Or even if you just want to share your experience using the Ledger Nano S.
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A hardware wallet is a real must have these days. Ian’s big fan of the trezor and have t used the ledger before but this looks awesome!
Thanks for sharing. I was thinking of getting a ledger nano S soon. Got to wait til the alts go up because I'm currently broke (;
Just my advice, NEVER buy a used Ledger or buy one from anywhere but the official site. You're coins will be gone so fast if you do.
its good post @netuoso
Thanks for the post was not sure whether to go Trezor or Ledger Nano seems like this is the bollox.
I would recommend buying it from the original manufacturer in France. Yes when you pay with credit card you are charge an addition foreign exchange fee. However the peace of mind it will bring is worth the cost. I remember a story where someone got it from a 3rd party with the seeds already set up. Let just say he lost all his crypto. So be careful, set your own seed phrase from the start. Also I remember they had a black friday sale when I got my nano s(doesn't hurt to check if the company is offering a discount of some kind). Its one of the best investment yet, the peace of mind that my crypto is offline and i'm the only one able to access it.
interesting posts and strong character mister. thanks for the knowledge. I'm worth
Very nice wallet. DO NOT BUY USED!!!
I only actually heard about it because another Steem user got one and posted pictures and a review of it. Definitely something that I may have to buy soon...