Review on Ledger Nano S Wallet by David Olayide
Ledger Nano S One Of The Most Secure Options You Can Ever Choose
The Ledger Nano S wallet is often referred to as the best hardware wallet ever made because of the high level of security it provides to those using its services. I guess the most important feature any crypto holder takes into consideration before choosing a wallet is the security and control that such a wallet offers. Now because this Ledger Wallet is hardware it is not prone to fraudulent activities such as hacking, and so. The wallet gives a user full control over his funds at all times. Your bitcoins are secure and cannot be frozen or withheld from you.
I especially like the fact that even if you plug in your wallet into a computer that is vulnerable to hacking attacks, your wallet and crypto will not be affected, because the hardware wallet cannot install any apps on it. This kind of wallet is best used by large crypto investors who want to invest and trade in a great deal of coins. The ledger Nano S supports over 1000 different coins.
You will need an application in order to communicate with your hardware wallet device. I find it interesting that you can install software unto your wallet device from the application. You can install software for the different coins that you want to use. If you want to use this wallet always remember to secure your seed phrases and the recovery phrase that serves as a backup of your wallet.
Many people trust the wallet because it has never been hacked or tampered with. Even I personally trust the wallet to keep my crypto safe from theft or loss. To get the wallet, you will have to pay about $59 the last time I checked that was the price. It includes free shipping too. In conclusion, the wallet is a good one and if you can afford it the by all means get it so as to enjoy maximum security.
Pros
- It is currently one of the most secure wallets in the crypto world
- Considering the security features it is still more affordable than other counterpart wallets.
- Support for over 1000 different coins
- There is a software app you can use to communicate with the hardware wallet
- Your coins cannot be stolen or frozen
Cons
- Nothing that i have seen so far
