Ledger Wallet Review

Ledger is one of the most popular cryptocurrency hardware wallet providers in the market today. Since it is a hardware wallet, it is a physical device which requires to be connected with the computer. It has been highly regarded as one of the most secured companies for storing and managing crypto keys.
Buy a Ledger Wallet!
Ledger has a selection of hardware wallets and currently, the most popular model is the Ledger Nano S. It is a very compact device that has a micro USB port which needs to be connected to a computer or mobile phone. The physical device holds the code which is a necessity to execute transfers of cryptocurrencies like Bitcoin and Ethereum.

Ease of Use


Once you have the device, you need to install their app for PC or mobile and set up your wallet. The steps are pretty easy to follow. The installation process is relatively straightforward and requires using Google Chrome. Simply plug the device into a USB port and go to my.ledgerwallet.com to automatically install the Chrome application which will then connect to Ledger’s API server and access the blockchain.

Security

You have the option to enter a PIN or use the suggestions from the installer. It will also generate a unique “seed” which are randomly generated words so make sure you write them down because you will be needing this in the event that you need to restore your PIN. Such features make the wallet safer and more secured.

Cost

The Ledger Nano S costs $58 for the device. While some may consider the price to be a little expensive, it actually is a worthy investment especially if you own cryptocurrencies that are high in value. Would you consider saving a few hundred dollars only to compromise the security of your digital coins? Adding a few extra bucks surely won’t hurt if it would give you peace of mind.

Conclusion

Ledger has efficiently added a physical element for storing your cryptocurrencies safely and protected from hackers. It practically has all the functions that is expected from a hardware wallet but with a number of value-added features. If you’re in search of a reputable hardware wallet provider the Ledger definitely wins in this category.

Ledger Wallet Overview

Website www.ledgerwallet.com
Wallet Type Hardware wallet
Supported Coins Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, Litecoin, Dogecoin, Zcash, Ripple, Dash, Stratis, Komodo, Ark, Expanse, Ubiq, Vertcoin, Viacoin, Neo, Stealthcoin, Stellar, Hcash, Digibyte, Qtum
Platforms Web, Mobile App
Price $58
Buy a Ledger Wallet!


( / ) ( / ) ( / ) ( / ) ( / ) ( / ) ( / ) ( / ) ( / ) ( / )