Ledger Nano SReview
Ledger Nano Sis cheaper compare to the other hardware wallets. It is a cryptocurrency hardware wallet that requires you to create a four digit PIN CODE to prevent the loss of bitcoins. Just in case you misplaced it or lost in any place, you don't need to worry even if someone finds it because he does not know your pin code and he can't send bitcoins without it. Plus, he only have three attempts to guess your pin. Once he ran out of attempt, the device will wipe itself.
This is good for the investors who are investing in many different cryptocurrencies.
Ledger Nano S stores your keys offline. This means your bitcoins are stored offline and hackers won't be able to reach it.
It also provides 24 word phrase or recovery phrase. You can write it down on the white paper provided by the Ledger Nano S. The purpose of the recovery phrase is to recreate your wallet once you damaged or lost it.
Lists of some coins that the Ledger Nano S supports:
- BTC
- XRP
- ETH
- BCH
- EOS
- XLM
- LTC
- USDT
- TRX
- ADA
- MIOTA
Ledger Nano S is:
- Hacker Proof
- Water Proof
- Fire Proof
- Shock Proof