Ledger Wallet
The Ledger Nano S, commonly known as the Ledger wallet, is a hardware cryptocurrency wallet that lets you keep your coins safely. It also lets you transmit and receive a variety of other cryptocurrencies. The firm behind Ledger is a French start-up that initially produced a wallet in 2014. Since then, they’ve risen to the top of the hardware wallet market. The Ledger wallet is so popular that it has sold over one million units!
It accepts over 1,150 different cryptocurrencies. It’s made to use the Hierarchical Deterministic (HD) Wallet structure’s security, versatility, and ease of backup. By generating and keeping your wallet’s private keys offline, the Nano S enables cold storage. To manage ERC-20 tokens, you can link them with third-party wallets. The Ledger hardware wallets are the only ones on the market that ANSSI, the French cybersecurity organization, has completely approved.
Features
- CC EAL5+ Security
- Backup Via BIP39 Recovery
- Passphrase Support
- High Quality Packaging
- Bluetooth connectivity
Pros
- User Friendly
- Multi-Signature Support
- Ongoing Development Ledger
- Supports more than 1100 coins
- Long-lasting battery
- It is easy to set up and use
- Has a tamper-proof
Cons
- Limited App Capacity
- It is expensive
*You can always consider other Ledger Wallet alternatives if the services are not satisfactory.
