Palak Zatakia

Ledger Nano S - A secure Bitcoin and Ethereum hardware wallet

Ledger Nano S is a Bitcoin, Ethereum and Altcoins hardware wallet, based on robust safety features for storing cryptographic assets and securing digital payments

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Niv Dror
Not sure why we haven't featured this yet... The Ledger Nano S is one of the best hardware wallets out there.
Justin Wu
@nivo0o0 Haha was going to say the same. How did this not get listed!
Russell Smith
@nivo0o0 make sure if you get one you set it up and test it right: https://medium.com/@rhs/setting-...
Niv Dror
@rhs great post
Nikita Blanc
Quick question here. I have purchased one for myself but just got this paranoid thought: how do we know that the software which is sort of pre-installed on the flash drive is 100% secure? Is there a guarantee that when I plug it into my computer in 5 years there wouldn't be a "hidden" automatic transaction which transfers my coins somewhere else? That might sound nooby, but I want to protect my money not just from hackers, but from Ledger makers as well. Let me know what you guys think...
Jesse Ditson
@akimovnv According to the Ledger site (https://www.ledgerwallet.com/pro...), the initialization is done locally, and requires pressing hardware buttons to activate. While I'm sure there's at least a small degree of trust you're giving Ledger, I'd assume they have more to lose than gain by creating a backdoor. I'd also recommend treating it like a hot wallet - keep your primary store in a cold wallet (ledger makes a neat one: https://www.ledgerwallet.com/pro...), and transfer only the amount you need to spend to your (easily losable or stealable) thumb wallet.
Jesse Ditson
@akimovnv Also, make sure you take the proper steps to back up and secure your thumb wallet PK! Guide here: https://medium.com/@rhs/setting-... h/t @rhs
Anthony Da Mota
Best hardware wallet imo. Also, they recently support Stellar ($XLM), which is an awesome altcoin :)
Ghost Kitty
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Philippe Dame
Great product. It's a must-have if you want to protect your crypto assets from potential hackers of those major exchanges.
Izzy Piyale-Sheard
Didn't this come out months ago?
Gerbz
Totally bloated with fork jargon. I prefer trezor these days.
Valentin Commenge

Very nice product, it's very slick ! Easy to use and support lot of coins !

Support team is very nice and the website got a rich FAQ.

Pros:

Very easy to use, nice product, great team

Cons:

Apps are on Chrome App Store

Matt Galligan
Absolute must-have if you’re investing in cryptocurrency. Your assets aren’t explicitly safe unless you hold the private key yourself. Even better if it’s on hardware like the Nano.
Fahim Sachedina

When I first bought bitcoin, I kept an eye on how best to secure my investment and any future investments I decide to make.

I kept hearing about the Ledger Nano S and decided my investment was worth approx €75.

The Ledger basically adds a secondary security layer on what is pretty much a secure USB for cryptocurrency.

The product has given me a great level of security for a small price. Even if the Ledger Nano S decides to wander off, my coins won't be lost, as I can just purchase a new Ledger wallet and put my coins in the new wallet by using the Chrome plugin. Easy :).

You get a unique set of 24 words and have to enter 4-8 character passcode, so as long as you have those, you'll be fine.

Highly recommend.

Pros:

• High level of security;

• Easy to setup and use on any desktop computer;

• Affordable (cheapest hardware wallet with a screen);

Cons:

• No passphrase support;

iMikey
Hey Fahim. I just got mine this past week as well. Great device at a decent price. In regards to the lack of passphrase support, it actually does have it. Just navigate to the settings menu and you can add a passphrase from there. I've added it for an additional level of security. https://ledger.zendesk.com/hc/en...
Anesti Tsiourantanis

sounds like an amazing idea!!

Pros:

awesome

Cons:

getting lost

Jesse Ditson
One note on these: The amazon links are all back-ordered and don't exactly look the most trustworthy. Also, their prices are way higher than US based distributors. Ledger themselves will cost you over $100 due to shipping from france, but I've recently ordered from All Things Decentral: https://allthingsdecentral.com/p... - they're also sold out at the moment, but they seem like the cheapest & most trustworthy US-based distributor I could find.
Andy Chiang
I love my Ledger Nano S. In total, I have 2 and gift these to friends from time to time! I haven't used other hardware wallets, but I can say that Ledger is easy to use, it has a sturdy build, and their support is pretty good. They cover ERC20 tokens and the major cryptocurrencies as well, so no problem for me.
Emmitt Snowden
the most common?