Founded in 2014 by a team of crypto enthusiasts, Ledger is a leader in security and infrastructure solutions for cryptocurrencies and blockchain applications. The team behind the company is developing a variety of products and services to safeguard cryptocurrency assets for individuals and companies.
They have different hardware wallets but the most popular and cost friendly option is their Ledger Nano S. It supports over 40 cryptocurrencies at the time of writing, including Bitcoin , Ethereum , XRP , XLM , allowing users to manage multiple assets with the same hardware wallet at the same time maintaining the highest security and protection levels.
As Leonardo Da Vinci said “ simplicity is the ultimate sophistication” , Ledger Nano S has been designed as an easy-to-use and easy-to-understand product, yet satisfying even the wildest tastes in design. The device is controlled by only 2 buttons, and user’s actions can be verified on its build-in screen. Users can easily manage their crypto transactions by using the Ledger Live companion app which keeps the same simplistic features as the hardware wallet and includes step-by-step processes to help the users interact with their Ledger device easily and securely.
First of all, let’s not forget that by keeping cryptocurrencies on online wallets, PC desktop wallets or mobile wallets, users could lose their coins because many of these systems have vulnerabilities in security (a simple search on Google on the matter can provide you with significant information) that often hackers take advantage of to steal coins. Since cryptocurrencies have become so popular so have the attempts of hacking the systems and services related to them. Ledger Nano S wallet comes with integrated security features to help you send and receive payments as safely as possible. It connects to any computer through USB and embeds a built-in OLED display to double-check and confirm each transaction with a single tap on its buttons. It distinguishes itself from other wallets by offering you:
The Ledger Nano S set-up process is straightforward. By following the steps below, you’ll be ready to start sending and receiving payments.
Using a hardware wallet may not prevent you 100% from all risks as it’s also up to all of us to safeguard our private keys, but, so far Ledger Nano S has proven to be “unhackable” and the most effective and secure choice for managing user’s cryptocurrencies. Also, the company behind it is a trusted manufacturer with a solid reputation in the industry.
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