Ledger Nano S is one of the most popular hardware wallets that provides access to most of the leading cryptocurrencies. It is affordable and offers a wide selection of cryptocurrencies which is why it quickly emerged as one of the leading providers of hardware wallets in the crypto market.
Founded in 2016, this hardware wallet allows you to store Bitcoin, Ethereum and a lot of altcoins. As a device, this wallet is great because it features an OLED display with USB connection and multi-currency support.
It’s a small and compact wallet that has a metal casing around it in order to make it more durable. The wallet fits perfectly in your pocket or your purse which means it is easily transported. Nano S works just as similar to other hardware wallets. When you first turn it on, you need to choose a PIN to protect your device. Next, you will receive a 24-word that will be used to create your private keys. It would maybe be best to write it down on a piece of paper and keep in somewhere safe or writing it down using a crypto steel device. Ledger Nano S has two buttons and this is why it is easy to control it. This should take no more than 3 minutes.
Ledger Nano S uses an open source code for its apps and proved to provide great customer support. You can find this wallet for about 60 Euros which is a pretty decent and attractive price. Ledger was among the first wallets that claimed its position on the crypto market by making clear how important is to have an independent third party certification that will attest the level of security of its offering and also explains that the CPSN means for Ledger Nano S a new beginning of an overall effort for further certifications of their products.