![]() ![]() Ledger also offers a pack of three devices for savings of up to 21%. Packages may also come with sheets to write down your 24-word recovery phrase and a neck strap. Inside the box is the Ledger Nano S device along with a micro USB-B cable. Shipping times vary depending on where you purchase the device, but typically, you’ll receive it in less than two weeks. Ledger also partners with several resellers, and you may find the device cheaper elsewhere.įor instance, the Ledger Nano S on Amazon is $59 with free delivery, whereas it’s $55.99 at Walmart (as of October 2022). Otherwise, shipping costs may be more than $19. The company occasionally offers free shipping to the U.S. The Ledger Nano S hardware wallet is $59 on the Ledger website. Investors use the hardware to store popular cryptocurrencies, such as: Although users can’t store fiat currencies on the Ledger Nano S, stablecoins are supported. The Ledger Nano S supports about 107 cryptocurrencies and more than 1,000 tokens. Not as mobile-friendly as other wallets: The Ledger Nano S isn’t equipped with Bluetooth, so it requires a USB cable to connect to a computer or Android device.It features two physical buttons instead of a touchscreen. The display is small and isn’t a touchscreen: The device screen is less than an inch tall, as the whole device is only 17.4 mm tall (0.685 inches).Limited storage space for crypto apps: Most cryptocurrencies require a crypto application, and the Nano S only holds up to six apps, depending on the size.It supports more than 1,100 coins and tokens: Investors can store popular and lesser-known coins and tokens on the Ledger Nano S device.They’re never removed from the device or accessible via the web. The private keys never leave the device: Unlike hot wallets through cryptocurrency exchanges, Nano S users hold their private keys. ![]() An affordable cold wallet: At $59, the Ledger Nano S is less expensive than several other hardware wallets, making it a good low-cost, highly secure option.Investors can store more than 1,100 cryptocurrencies and tokens on the Ledger Nano S, with 23 cryptocurrencies supported directly by Ledger and the rest supported by installed third-party applications. It gives investors control over their private keys and is backed by the largest name in the industry. The Ledger Nano S hardware cryptocurrency wallet provides high-level security via a secure chip and a proprietary operating system. This article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies nor can the accuracy or timeliness of the information be guaranteed. Consult with a qualified professional before making any financial decisions. Investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. ![]()
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