What is the purpose of a Ledger wallet? Ledger Nano S Keychain
On the other hand, the Nano S scores points for supporting popular cryptocurrencies such as XMR, eos and xrp. Overall, is a budget-friendly and intuitive wallet that allows you to pick from a broad range of coins, however, it’s ideal just if you have a restricted portfolio, due to the small number of coin apps you can have set up on it concurrently. Have you tried the S?
hardware cryptocurrency wallet provides top-level security via a safe chip and a proprietary operating system. It gives investors manage over their private keys and is backed by the biggest name in the industry.
Financiers can keep more than 1,100 cryptocurrencies and tokens on the S, with 23 cryptocurrencies supported straight by and the rest supported by installed third-party applications.
Pros Discussed
A budget friendly cold wallet: At $59, is less expensive than a number of other hardware wallets, making it an excellent low-cost, extremely safe and secure option.
The private keys never leave the device: Unlike hot wallets through cryptocurrency exchanges, Nano S users hold their personal secrets. They’re never removed from the gadget or available via the web.
It supports more than 1,100 tokens and coins: Investors can save lesser-known and popular coins and tokens on gadget.
Cons Discussed Ledger Nano S Keychain
Limited storage space for crypto apps: A lot of cryptocurrencies require a crypto application, and the Nano S only holds up to six apps, depending on the size.
The display screen is small and isn’t a touchscreen: The device screen is less than an inch tall, as the entire gadget is just 17.4 mm high (0.685 inches). It includes 2 physical buttons instead of a touchscreen.
Not as mobile-friendly as other wallets: isn’t geared up with Bluetooth, so it needs a USB cable to connect to a computer system or Android gadget.
Supported Cryptocurrencies
supports about 107 cryptocurrencies and more than 1,000 tokens. Although users can’t save fiat currencies on the S, stablecoins are supported. Financiers utilize the hardware to keep popular cryptocurrencies, such as:
hardware wallet is $59 on the site. The company periodically offers free shipping to the U.S. and many international areas. Otherwise, shipping costs may be more than $19. Partners with several resellers, and you might discover the device cheaper elsewhere.
For instance, on Amazon is $59 with free shipment, whereas it’s $46.99 at Walmart (as of January 2022). Delivering times differ depending upon where you buy the gadget, however generally, you’ll get it in less than two weeks.
Inside the box is device in addition to a micro USB-B cable television. Bundles might also come with sheets to write down your 24-word recovery expression and a neck strap. also uses a pack of 3 devices for cost savings of approximately 21%.