1 Level
11 Review
17 Karma
Review on Ledger Nano S Wallet by Roger Sandoval
Complete Review of Ledger Nano S
Ledger nano s wallet is cool, good looking, good build quality and secure device/hardware wallet. In ledger nano s you will see a display and two buttons are given on device. screen is for checking address before sending coins and for seed words while setup of device and the two buttons are for setup pin, device / control device and authorize transaction.
Ledger nano S supports many coins and more than 1100+ coins and tokens. we can use ledger nano s by installing Ledger Live software in PC and after installation connect the device with PC and follow the commands and thats it. make sure to write seed and store at 3-4 safe places.
Ledger nano s Storage is quitely low because you can use atmost 3 coins app at one time if you want to do transaction on other coin then you need to delete any one app. and deleting and installing is very long process, which is quite drawback of ledger nano s.
You can use Binance Dex using Ledger nano S securely. Ledger nano s is overall great hardware wallet but recently ledger nano x which is great and adds more coins and feature than nano S. I will recommend to buy ledger nano x but if you want hardware wallet in low and best price then Ledger nano S is perfect for you.
Leave your opinion or points if that i missed in this review. 👍🏻
Updated 5 years ago
Rating has not been changed
While using Ledger Nano S on Binance Dex it faces many problems and each & every time we need to authorize transaction for making buy or sell orders, which is much lengthy process.
Pros
- Ledger nano s has very ligh level security and cold storage wallet and it is certified by ANSSI, the french cybersecurity agengy.
- Ledger nano s supports multiple cryptocurrencies which is more than 1100+ cryptocurrencies.
- Ledger nano s is very simple and it has 2 buttons for control and authorise the transaction.
- Ledger nano s gives 24 words backup seed for security, so all of your funds are in your hands.
- Ledger nano s looks and build qulity are very cool and edg cutting finish with steel outer cover.
Cons
- Ledger nano s memory space is very low. where we need to uninstall first coin app to install other coin app.
- Ledger nano s setup is quite hard for new user and need to write down seed words and safely store to 3-4 places, otherwise funds are gone.
