The Ledger nano s is a hardware wallet that is frequently used to store digital assets in the form of crypto currency or crypto currency in cold storage. Nothing negative will happen to your coins as long as no one has your private key. If your hardware is broken or stolen, you may keep the coins safely up to the third layer of protection, which includes Password, PIN, and Recovery Seed. The Ledger Nano is constructed of durable aluminum and has a beautiful appearance. However, there have been allegations of its devices having insufficient security, making it possible to infect them with malware.