Where to Store Cryptocurrency Securly(Step by Step Tutorial with Videos)

in ledgernanos •  6 years ago 

Hello Friends!
Today we are going to Discuss about LEDGER NANO S, a hardware wallet used to store our cryptocurrencies offline and securely as compare to other type of wallet or exchanges. But before that we are going understand couple important thing in crypto.
In Cryptocurrencies we are always scarred about, where to store our coins/token? In exchanges to store our coins are most risky place, we don’t know when will exchange be shut down or hacked and we lost our all money.
So friends; today we are going to discuss about most safe place where we can store our all of the Coins/token in our hands, before that we understand about type of wallet available in market, which will help us to easily understand about safety of our cryptocurrencies.
There are two type of wallet available in market HOT & COLD wallets. Hot wallets are less secure as compare to Cold because of these are used online with internet. Cold wallets are a crypto wallet type used for the “cold storage” of cryptocurrencies, and are stored offline for improved security and a cold wallet used for long term holding.
In my Channel I had created couple of tutorial Videos on (COLD) Hardware Wallet “Ledger Nano S”. In this article i will share all of my video with step by step info, what is Ledger Nano S, How to use 1st time & all technical parts. So lest begun!

Watch all step by step tutorials on “Ledger Nano S”

  1. What Type of Wallet Available in Market:- Basic Information about type of wallet available in the market & which is secured one.
    Link:- https://goo.gl/qubxBy

  2. Ledger Nano S un-boxing, In this video we will check how does look like this device & packaging, so if you purchase from 3rd party website, you should aware about this, how does look & what contain in the package?
    Link:- https://goo.gl/r9hVWj

  3. How to Use 1st time “Ledger Nano S”:- In this Video we will check how to use 1st time this deivce & what is the security feature we have?
    Link:- https://goo.gl/vQnupN

  4. How to Reset “Ledger Nano S”:- In this Video we will check how to reset the device. “Note:- If your Purchase this device from unkown place or person Reset 1st before use, This is Mandatory”
    Link:- https://goo.gl/bjq6dR

  5. How to Restore Ledger Nano S using Recovery Phrase:- If you lost your device, don’t worry still you can recover your coins with Recovery Phrase.
    Link:- https://goo.gl/Np56Bs

  6. How to Transfer NEO using “Ledger Nano S”:- Step by step tutorial on how to transfer NEO coin into Wallet using “Ledger Nano S”.
    Link:- https://goo.gl/QVbTQU

  7. How to Transfer Steller (XLM) using “Ledger Nano S”:- Step by step tutorial on how to transfer Steller lumen (XLM) coin into Wallet using “Ledger Nano S”.
    Link:- https://goo.gl/r1kd8x

  8. How to Upgrade Firmware “Ledger Nano S Wllaet”:- In this video we can check how to update firmware (Software) in “Ledger Nano S”.
    Link:- https://goo.gl/d4HqC6

Note:- When you use this device 1st time, Don’t forgot to right down Recovery phrase on paper and make it multiple paper and save it different places, Because this paper is more important than your device, With the help of Recovery Phrase we can recover our all coins with different device, means if lost your device and you have recovery phrase & you can recovery your all coin with new device purchase from market again.

Official Link of the Website from where you can purchase this device
Link:- https://goo.gl/VWXXUg

Thanks to read this article
Team Business Booster

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Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
HOTHydro Protocol0.054$-6.94%-11.19%
NANONano3.985$-7.51%6.44%
NEONEO54.370$-5.32%8.33%
XLMStellar0.298$-2.67%11.98%