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Type of review

Among the most secure portable storage today can be identified Ledger. Recently, it occupies a leading position for the storage of tokens. It is the only full hardware wallet.

Pros
  • Material weaknesses in the Ledger, but it is possible to note the advantages that it possesses. The purse has many useful features. This is not just a way to store cryptocurrency, it is equipped with many special features. Here they are: You can set a two-factor authorization, which will protect your money from hackers on the exchange and sites where you make purchases using cryptocurrency; There is a possibility of payment on the exchange Edanelt, it does not use any additional services. Pay for purchases can be immediately. It is for this reason that many people order this device; There is integration support Macaferri, which is important for those who buy Ethereum. Another advantage is that there is no need to enter a password using a hardware key. This greatly facilitates the work with the device. You can also note the safe operation of the wallet, as it is completely protected from hacking. A special chip is used to protect the operation of the device. The computer does not store passwords, all operations are carried out from the memory of the device, so hackers can not use passwords to crack it. With three pin errors, the device is locked, so your money will not be accessed. Reliable protection against hacking is one of the key advantages of Nano S, as well as all other hardware wallets. Here it should be remembered that the previous version of Ledger was the first in the OBPP rating, although it received only fifty points out of a hundred possible. The presence of the LED-display and the control button of the new model allows you to set security settings directly from the wallet bypassing the computer to protect against phishing. This has become the basic know-how of the model S regarding safety.
Cons
  • None

Despite the cons of the Ledger Nano S Wallet, I recommend those of you who are not fully protecting your assets to purchase your first new Ledger Nano S Wallet. I've been using it for about a month now and I wish I've would of purchased it earlier on. However, if you are looking to get an upgraded version of the Ledger Nano S, then you should wait until the Nano Ledger X comes out, I believe shipping starts in March of 2019.

Pros
  • Ledger Nano S is great, it provides you with a two-button ease of use set-up within every transaction. On the other hand, the Ledger Nano S Wallet is also known for it's encrypted security which protects your wallet from hackers. Upon setting up your Ledger Nano S you will have the convenience of installing new assets, also you will have the ability to manage a selected asset individually. All of these great features make Ledger the go to company for securing your crypto assets. You'll never misplace your private keys to any of your assets that you have stored on your Ledger Nano S, as Ledger Nano S automatically stores your only private key that you'll need to access your assets.
Cons
  • Ledger Nano S needs to add more manageable crypto accounts. There are lots of cryptos that you can install to ensure that you have your cryptos in an secure wallet, however, when it comes to managing some of those same cryptos that you've installed, they are not even available for you to do so. This is the only problem that I can identify thus far that Ledger needs to update. This will allow for users to mange any new crypto asset that they've installed on the Ledger Live Application.