Review on Ledger HW1 Wallet by SERDAR SEYLİYEV
If you are a small bitcoin investor, I recommend you use it.
Moving our cryptocurrencies in hardware wallets takes a lot of money. Because hardware wallets can be very expensive for small investors, I think this wallet price fits every budget. But it is available in sockets with better features.
Ledger is one of the first products of the company that produced hardware wallets. It was a bit expensive when it came out. I bought it by logging into the website. However, my order took a long time to arrive. Of course, this situation may depend on the country we live in. I think this hardware device is a small device similar to a flash memory in terms of appearance, making it easy to carry.
However, the fact that this device supports limited cryptocurrency is a downside. Because today there are better ones. Presumably only BTC could have been targeted when wallet hardware was produced.
We need a computer to manage the wallet, I find it very bad that it is not compatible with the phone.
After installing the software of the hardware on the PC, we connect the device to the computer and integrate it.
I think it uses technologies that are far behind in security. Because the security system is limited to a 4-digit password. I do not feel safe my existence.
Lastly, I want to add that this company stopped selling the hardware as a result of my research. However, if you still have this device and you are a small investor, I think it is a great piece of hardware. Keep using it.
Pros
- The price is cheap.
- Easy to set up the app and log in.
- It has a small body to carry.
- we can store our assets in cold storage.
Cons
- I think the sale has been stopped.
- There are better ones available today.
- It has very few features.
- It supports little currency.
