Bitcoins are the type of currency that is trending nowadays but they are not at all like the real-time currency. They are virtual and cannot be printed. They are more secure and are convenient. However, they are a type of currency and need to be protected by the cold hardware wallets. There are several wallets available in the market to help secure the cryptocurrency and among them, hardware wallets are considered to be the cheapest and safest option.
Hardware wallets are actually the small devices that are plugged into the computer or the phone and generates the private keys securely in an offline environment. So, if you are looking for a decent physical wallet for the secure storage of your Bitcoins, you have come to the right place. Read on to know.
Ledger Nano S – A Decent Cryptocurrency Hardware Wallet
One of the decent options for the cryptocurrency secure storage is the Ledger Nano S that is convenient and economical as well. It is a Bitcoin, Ethereum and Altcoins hardware wallet featuring secure digital payments and cryptographic assets. It is the best thing that you can get for your Bitcoins because of the following features.
1: Multi-Currency Support
One of the biggest reason to get this hardware / cold wallet for cryptocurrency is that it supports multi-currency. From the bitcoins to Ethereum, from Altcoins to Litecoin, from Zcash to Ripple, the Ledger Nano S supports different assets in the single compact device.
2: Built-in Display
The Ledger Nano S comes with the built-in display that allows the users to check and confirm transactions on the go. There are also physical buttons for the purpose that are used for confirming the transactions without any hassle.
As a matter of fact, owners use hardware wallets for the security of their currency and the Ledger Nano S offers the next level security. The confidential data is never exposed to this wallet as the chip is secured inside a strongly isolated environment locked by a PIN code.
4: Backup and Restoration
Backup and restoration of the data have never been easy before. All the accounts of the users are backed up on the recovery sheet and are really easy to restore on any Ledger device or compatible wallets.
5: Malware Proof
As for the added security, the Ledger Nano S comes with the malware proof feature that offers the fully secure environment of your confidential data. All the initialization or restoration of the configuration is fully done in the fool-proof environment, ensuring owners the security of their cryptographic secrets.
The Ledger Nano S also runs multiple companion apps to offer the benefits and security features. These companion apps include Bitcoin Gold, HCASH, DIGIBYTE, NEO, KOMODO, UBIQ, HELLO, STRATIS, PIVX etc.
So if you are looking for hardware wallets for your Bitcoin or AltCoins, Ledger Nano S is the best option to consider. Make sure to check out the Video Guide to Setup and Configure Ledger Nano S. If you have any other option in your mind, let us know in the comments section below.