Review on Ledger Nano S Wallet by Paul Maduagwu
Nano S stands for Security
The Nano S is a great way to store crypto. Though I always advice new crypto users to start with a more user friendly software wallet.
My best feature overall is that it holds only your crypto, therefore protecting funds from 3rd party malicious software. It's easy to carry around or store, a real definition of being your own bank.
Setting up the wallet for the first time is a bit of a hassle, but after that it becomes second nature. The wallet in my opinion, is not designed for everyday transactions or use. It is a good idea finally to have one sooner or later.
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My
Pros
- 24 passphrase security.
- Access to private keys.
- Stores only crypto, for extra security.
- Portable, easy to carry around.
- Can connect to android devices.
- Multi-cryptocurrency wallet.
Cons
- Not compatible with iphones.
- Not the best user experience for users new to crypto.
- Device becomes almost useless if button stops working.
