![Ledger Nano S Hardware Wallet Review [Best Crypto Wallets 2021]](https://gadgetfever.org/wp-content/uploads/2021/10/ledger-nano-s-box-review-764x1024.jpg)
The Ledger Nano S Hardware Wallet is one of the best and most secure Bitcoin wallets on the market. Whether you want to get into crypto and find your best first wallet or if you already own coins and want to move them to a secure wallet, the Ledger Nano S could be the perfect solution for you.
The Ledger Nano S is a Bitcoin, Ethereum and Altcoins hardware wallet designed for the secure storage of cryptographic assets and the secure transaction of digital payments.
It can be easily connected to any computer (USB) and embeds a secure OLED display. Each transaction can be checked and confirmed with a single t on the buttons on the side.
Ledger Nano S includes Bitcoin, Litecoin, Ethereum, and Ethereum Classic Companion PS, and other blockchain-based cryptocurrencies, so you are covered when you own the most popular and significant crypto coins.
How safe is the Ledger Nano S?
The Ledger Nano S is without a doubt the most secure hardware wallet I’ve tested, and it takes first place by far on my list of secure wallets.
The Nano S uses two physical buttons to protect you from accidentally sending cryptocurrency. The first button is used to confirm transactions and the second button to cancel.
If you try to send cryptocurrency while your wallet is not unlocked, the Nano S will display a warning message asking you to check your settings. The Nano S also supports a so-called passphrase, which is not identical to a PIN code. The passphrase is a 24-word phrase that you can set up when you set up your wallet. The passphrase is used to protect your wallet when you are not using it. So if your device is stolen, it cannot be used without the passphrase. You can also create a 24-word recovery phrase that can be used to recover your wallet if you lose it.
What is in the box with the Ledger Nano S when you order it?
1) The Ledger Nano SA USB cable to connect to your computer
2) A key fob and a lanyard
3) A recovery sheet to write down the seed phrase for the backup
4) A card with the 24-word seed phrase
The features and specifications of the Ledger Nano S:
Display: 128 x 32 OLED screen Connectivity:
USB operating system: Google Chrome p
Supported cryptocurrencies: Bitcoin, Ethereum, Ripple, Litecoin, Dash, Zcash, Stratis, Dogecoin, Komodo, PoSW, ARK, Expanse, UBIQ, PIVX, Vertcoin, Viacoin, Stealthcoin, Namecoin, NEO, Stealthcoin, Bitcoin Gold, Stellar, Hcash, Digibyte, Qtum, Bitcoin Private, Bitcoin Gold, Horizen, Trustcoin, Bitcoin Cash, Bitcoin Diamond, Bitcoin Atom, Ravencoin, Vechain, Pura, Groestlcoin
How do you secure the Ledger Nano S wallet?
In order to secure the Ledger Nano S wallet, you will need to use your 24-word recovery phrase. The Ledger Nano S recovery phrase is the only way to access the wallet. Hence, it is necessary to write down the 24-word recovery phrase on the recovery sheet that came in the box when you received your Ledger Nano S.
To write the 24-word recovery phrase, you need to put the correct order of the words in the order in which they were given on the recovery sheet. When you write them down, make sure that you write them down in the correct order.
Important: The Ledger Nano S recovery phrase should be written down and kept in a safe place so that it is not lost. Never give it to anyone. Beware of scammers and phishing attacks over email that may ask you for it. Ledger will never ask you for the seed code.
Make sure it is kept safe. This is the only way to recover your account if you lose your Ledger Nano S or get a new device. Suppose you lost your Ledger Nano S and you haven’t written down the Ledger Nano S recovery phrase or transferred your cryptocurrencies to another device or wallet. In this case, you will permanently lose your cryptocurrencies. I strongly recommend using a seed plate that you can purchase from Ledger store or directly from Amazon. What I love about these seed plates is that they protect your 24 words from water or fire incidents.
What is Ledger live?
The Ledger Live software is the bridge between your Ledger hardware wallet and the Internet. It allows you to manage your cryptocurrency through your ledger wallet, no matter where you are. With hardware wallets, you have to connect them to your computer in order to see your cryptocurrency. With ledger live you can access your wallet from your computer or from your phone while on the move. It’s pretty easy to use. All you have to do is install the software and you’re in business. Even if you’ve never used a ledger wallet before, there is still a lot to do with it. It’s pretty easy. Because of its simplicity, you no longer have to worry about using different wallets for different cryptocurrencies. With Ledger live you can use any of your cryptocurrencies through the software.
How to restore your Ledger Nano S hardware wallet
Restoring your Ledger Nano S wallet is very easy. First, you need to select the „Restore Wallet” option on the device. Then you need to enter your 24-word recovery phrase. After entering the 24-word recovery phrase, the Ledger Nano S will search the blockchain over the internet for transactions made to your address. When the Ledger Nano S finds the transaction, it will display your balance. After that, you will be promptly prompted to confirm the restore. In the next step, confirm the recovery, you will be taken to the next screen where you have to enter your PIN code.
Finally, enter the PIN code, your Ledger Nano S will be restored with all your cryptocurrencies.
The Ledger Nano S vs. Trezor One
The following information will give you a much better understanding of how the Ledger Nano S compares to the Trezor One: (Please also read our full review of the top crypto wallets and the Trezor hardware wallet in particular)
The Nano S is thinner, lighter and looks slimmer than the Trezor One.
The Nano S is also smaller than that Safe one. It has a higher resolution display but it has a smaller screen size. The Nano S only has one on / off button, while the Trezor One has two buttons. The Nano S has a micro USB port for both data transfer and power supply, while the Trezor One has a full-size USB port for both data transfer and power supply. Both devices come with software but are different.
The Nano S has a P called “Ledger Manager”, with which the native applications of the Nano S are installed. It also enables firmware updates. The Trezor One has the „Trezor Manager” software. This software has a similar purpose to the Nano S, but it supports more different cryptocurrencies.
Overall, I would recommend choosing the Ledger Nano S over the TREZOR ONE. However, both are great crypto wallets, and you can’t go wrong with either.
The Ledger Nano S vs. The Ledger Nano X
The Nano X is the newest Offer from the Ledger team. Both devices have support for most of the same cryptocurrencies, but the Nano X has some additional features. It has a bigger screen, two buttons, but no micro-USB port. However, it has a USB-C port that can be used for power or data transfer. The Nano X also has a touchscreen that the Nano S doesn’t have.
The Nano X has a significantly longer standby time than the Nano S because it has a rechargeable battery. Another thing is that the Nano X can be charged using USB-C, while the Nano S uses a standard micro USB cable.
Nano X has a multi-colored LED that indicates when it is being used, when it is in standby mode, and when an error occurs. It also supports FIDO2, which is a security protocol that can be used to log into websites and PS. The Nano X also has a desktop p, unlike the Nano S. Finally, the Nano X has a native p called “Blockchain” and there is a web version of the p. The blockchain p enables the user to easily manage his cryptocurrencies. The Nano X also supports Bitcoin, Bitcoin Gold, Bitcoin SV, Bitcoin Cash, Bitcoin Diamond, Litecoin, and Dash.
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In summary, it can be said that the Nano S from Ledger is a great crypto wallet. It’s a very secure wallet and the user interface is fantastic. This is a high quality hardware wallet that protects your money from theft and you can even use it to store other cryptocurrencies besides Bitcoin. You can buy it directly from the Ledger website here.
