Header banner
Revain logoHome Page
Sudais Quadri photo
Monrovia
4 Level
216 Review
1967.5 Karma

Review on Ledger Nano S Wallet by Sudais Quadri

Revainrating 4 out of 5

Using Ledger Nano S Wallet......

Ledger Nano S wallet is a very prominent wallet for storing and keeping cryptocoins and assets safe from hacking and negative manipulation. Not to be confused, there's a little difference between the S version of Ledger Nano and the X version(though I was confused about the difference too). The S version supports less cryptocoins than the X version. The S version doesn't support bluetooth while the X version does. Nevertheless, Ledger Nano S wallet is a very useful wallet, it stores users private keys offline this will totally reduce the vulnerability of the wallet to unauthorized manipulation. I actually didn't find it easy to use initially, because of its looking I had to research about it before I able to properly use and since then Ledger Nano S wallet has been a very helpful hardware wallet. When I ordered for my wallet it took a little while before it was delivered to me(I dont know if I am the only one though). Apart from the delivery time, acquiring your own personal wallet is quite expensive. This wallet is not very user friendly, so it requires expertise and great knowledge before use. It takes a lot of time for transfer of funds, hence it is quite unreliable interms of speed. To prevent it from fatal impact and physical damage, Ledger Nano S wallet is built with tamper proof materials. Considering hardware cold wallets, I can say personally that Ledger Nano S wallet is one of the best cold wallet any trader can ever



Pros
  • It is built with the best tamper proof material to prevent it from physical damages and harm
  • It is very secure, since it is a hardware wallet
  • To increase its security, Ledger Nano S wallet stores private keys offline
  • It can store Litecoin, Ethereum and Tron
Cons
  • It is expensive to get your own physical wallet
  • It requires great inital knowledge before it can be used
  • It is not as fast as some hot wallets
  • It is not very user friendly
  • It takes time to get your own wallet after placing an order

Similar reviews