Ledger is an industry-leading name when it comes to secure crypto storage solutions. When you buy cryptocurrency on exchanges, it’s strongly recommended you send them to a crypto hardware wallet. Doing this ensures only you can access your cryptocurrency. With Ledger’s hardware wallets, you can do this. Read below to learn more about Ledger.
Ledger is a company that builds security and infrastructure solutions for cryptocurrencies and blockchain technology. Its Ledger hardware wallets line are sold all over the world. The company was founded in 2014 and has won a string of awards for its Ledger hardware wallet products.
Ledger offers two crypto hardware wallets. The first is arguably the most purchased crypto hardware wallet in the world: the Ledger Nano S wallet. The second is a new-and-improved version of the Nano S: the Ledger Nano X wallet.
Many people buy the Ledger Nano S wallet for its reputation and exceptional track record when it comes to security. Another reason why the Nano S is so widely sought after is that it can hold over 1,500 cryptocurrencies including bitcoin (BTC), ether (ETH), and Ethereum-based ERC-20 tokens. The device itself is protected by a PIN and connects to your computer via USB.
The Ledger Nano X delivers various improvements over the earlier Ledger Nano S device. This includes Bluetooth compatibility, additional storage, and a larger screen. Because of these improvements, you’ll typically see the Nano X retailing for nearly double that of the Nano S.
Ledger has also built an app called Ledger Live. By downloading Ledger Live on your desktop or mobile phone, you are able to safely interface with your Ledger hardware wallet device. The release of the Ledger Live app was welcome news for many Ledger owners, because crypto hardware wallets are typically a lot less user-friendly than other crypto wallets such as web wallets and mobile wallets.
Ledger Live has various handy features that make it easy to view your cryptocurrency balances and transfer cryptocurrencies. You can also stake certain cryptocurrencies through the Ledger Live app.