Ledger is one of the best hardware wallets on the market, that looks like a USB flash drive. It stores your private keys, (the secret codes that allow you to access your crypto) in a secure chip. Ledger also has a screen and buttons that let you verify and confirm every transaction. Ledger devices support thousands of cryptocurrencies with easy access to exchanges, DeFi applications and software wallets1.
Ledger devices offer many benefits for crypto users, such as:
- Security: Even if your computer or phone is compromised, Ledger devices safeguard your private keys from unauthorized access. Additionally, they are equipped with a PIN code and a recovery phrase, which enable you to restore your funds in the event of loss or theft.
- Ownership: LLedger devices provide complete control and ownership of your funds. This eliminates the need to depend on third parties like exchanges or custodial services, which have the potential to freeze, lose, or misappropriate your funds.
- Compatibility: LLedger devices work with multiple platforms and services, including Ledger Live, Metamask, Binance, and Coinbase. This enables easy connection to your preferred apps or websites for cryptocurrency management.
- Flexibility: Ledger devices can handle multiple cryptocurrencies simultaneously, allowing you to switch between various coins and tokens without needing separate wallets or accounts.
- Education: Ledger provides a comprehensive crypto education library to help you understand the technology, markets, and best practices. You can also access the latest news, updates, and expert advice from the Ledger team and community.
For those seeking a dependable, secure, and user-friendly solution to manage and store cryptocurrency, acquiring a Ledger device is a wise choice. Ledger devices are affordable, simple to use, and trusted by millions of users worldwide. By using a Ledger, you can benefit from the advantages of cryptocurrency without the associated risks of fund loss.
To purchase your own Ledger device, click here.
Secure your cryptocurrency with a Ledger and don’t worry about online hacks.
More information about crypto:
Cryptocurrencies like Bitcoin and Ethereum are digital assets that function on decentralized networks. Unlike traditional currencies, no central authority controls them, offering benefits such as resistance to censorship, transparency, and global accessibility. However, this also places the onus of securing your funds directly on you.
To manage and store cryptocurrencies, you require a wallet. A wallet can be either a software or hardware device that facilitates sending, receiving, and storing digital assets. Wallets generally fall into two main categories: hot and cold.
Hot wallets, connected to the internet, provide ease of use and additional features. They are ideal for holding small amounts of cryptocurrency meant for frequent transactions, such as trading or daily expenditures. Nonetheless, their online presence makes them susceptible to hacking, phishing, malware, and other cyber threats, risking the loss of your funds if the wallet is compromised.
Conversely, cold wallets operate offline and prioritize security and reliability, making them suitable for storing substantial amounts of cryptocurrency intended for long-term saving or investment. These wallets are resistant to online attacks but require careful handling. Losing a cold wallet or forgetting its password can result in permanent loss of access to your funds.
| Row 0 – Cell 0 | Ledger Nano S | Ledger Nano X |
| Price | $59 | $119 |
| Crypto assets | Up to 3 | Up to 100 |
| Bluetooth support | No | Yes |
| USB type | micro-USB | USB-C |
| Desktop use | Windows 8+, macOS 10.10+ and Linux, but systems with ARM processors are excluded. | Windows 8+, macOS 10.10+ and Linux, but systems with ARM processors are excluded. |
| Mobile use | Android only | Android and iOS |
| Battery | None | 8 hours of standby |
| Screen | 128 × 32 pixels | 128 × 64 pixels |
| Size | 2.2 × 0.7 × 0.36 inches | 2.8 × 0.7 × 0.5 inches |
| Weight | 0.6 oz | 1.1 oz |
You may be wondering, “Why is the Nano S more than half of the price of the Nano X?” Well, the most standout reason is that, according to the official Ledger website, the Nano S can only hold up to three cryptocurrencies — give or take. The Nano S only has 160kb of storage.
The Nano X, on the other hand, has 1.8Mb of storage and can hold up to 100 cryptocurrencies. It’s worth noting that the Nano S and X support over 1,000 tokens and coins, but you can only load up to three on the former and up to 100 on the latter.