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Topic: Reasons to chose nano ledger hardware wallet (Read 512 times)

sr. member
Activity: 826
Merit: 250
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October 04, 2019, 12:31:35 PM
#45
Hardware wallets are better than any wallet in security mater. But whatever it is ledger or treazor its always safe to have one. But the main problem is limitation of space. You have to pay bigger amount to get extraa features. I think ledger nano x is better.
sr. member
Activity: 1050
Merit: 377
I think you will agree that when working with cryptocurrency assets, the main thing is security. And cold wallets are the safest of all wallets existing at the moment. I think already this reason should be enough to purchase such a device. Although for me it is safer to have a private key written on a piece of paper lying in a safe hidden in the ground. However, this method is too inefficient and is suitable only for those who decide to buy cryptocurrency and forget about it for many years.

sr. member
Activity: 854
Merit: 257
I read a lot about these e-wallets, and thought several times about buying this. the only question is, if I lose it or it burns, how can I then recover my funds? or is recovery no longer possible?
full member
Activity: 1022
Merit: 106
The hardware wallets are safest wallets to store your cryptocurrencies. The hardware wallets have high security. The Trezor and Nano Ledger S are most famous wallets right now. I personally recommend hardware wallets are best.
If you have the large cryptocurrency assets, then it is reasonable to use a ledger. But its cost doesn't correspond to my total assets, so I can only dream of purchasing it and use ordinary wallets on the websites.
member
Activity: 1204
Merit: 38
In the event that security is basic to you, at that point you will need to know top reasons why you should claim a Ledger Nano Hardware Wallet which is by and by the most secure and least expensive you can discover in the market.

1. The Ledger Nano Wallet can't be open through your PC neither would it be able to be duplicated. This leaves your private keys safe appropriate on the gadget for your eyes alone to see through its OLED screen.

2. The Ledger Nano Wallet uses another level of security,you will have to set up a passcode known to you only so even if the wallet was stolen or lost it will be useless to the ones that steal it.

These are the best advantages hardware wallets has over other wallets available like paper wallet or mobile wallets
We can keep it offline is the best advantage but it is still have some other disadvantages of buying a clone wallet so we will lose all our funds when we deposit it to them.
sr. member
Activity: 882
Merit: 258
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ledger or trezor the choice is your but for me ill go for trezor s for least expensive because i might used to store bitcoin and ethereum only but if it has some space left i might store other altcoin. using hardware wallet is much more preferrable by me why because it is better that you can hold it and access it directly from your wallet
member
Activity: 574
Merit: 18
Making Smart Money Work
I heard that trezor hardware wallets are better than nano ledger wallets but i personally don't see any difference because i have friends around me that are using both and i haven't heard any complains from both sides any ways, i prefer any kind of wallets that gives users private keys or recovery seed and its the same with hardware wallets too, you still have to keep them safe
full member
Activity: 274
Merit: 100
What is good about wallets hacking is the new methods of protection it causes afterwards. I hope yours is resitent enough Wink I've been hacked twice.
sr. member
Activity: 793
Merit: 250
September 29, 2019, 02:09:13 PM
#37
I personally have Ledger Nano S and I am satisfied. It supports many cryptocurrencies and I do not see any reason why I should upgrade to new Ledger Nano X that is twice as expensive than the old one.
full member
Activity: 980
Merit: 132
September 23, 2019, 02:07:40 PM
#36
Whatever trezor or ledger wallet you buy, you can be sure that your funds are in a safe place.
And although many people write that there is no sense with a small balance in it, I strongly disagree, because today it is a small means, and tomorrow it is wealth.
Buy a trezor Smiley or a ledger Angry (choose the one that you like more, but I chose a trezor Smiley.
And use it as a piggy bank, buying more and more new coins, and when the season comes, feel free to use them. Roll Eyes
full member
Activity: 1190
Merit: 111
September 23, 2019, 12:59:31 PM
#35
Investing in a nano wallet will be the greatest thing you will do on your cryptocurrency adventure.
If you own an investment more than 500 bucks  then it is a call to have that wallet.
One of the safest wallet that you can ever have.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
September 23, 2019, 05:49:12 AM
#34
2. The Ledger Nano Wallet uses another level of security,you will have to set up a passcode known to you only so even if the wallet was stolen or lost it will be useless to the ones that steal it.
I see a loophole within this feature, the passcode completely resets after 3 mistakes and to access your wallet it will now be through the recovery phrases/mnemonic words that you have saved.

Why I've said about it as a loophole? if someone got those recovery words, they can gain access to your wallet and bypass the passcode that you have set before because it's already been reset but as long as no one knows those important words, you are fine.

This happened to me when I forgot my passcode but I can also be wrong on this part.

However, I'm a ledger nano S user and I feel secure with this wallet very recommended.
full member
Activity: 952
Merit: 104
September 22, 2019, 05:04:49 PM
#33
I choose a trezor but not a ledger. It seems to me that the trezor is more convenient to use and I see no reason to pay 2 times more expensive when buying a ledger


That's right mate trezor is also have strong safety security syatem keys, but ofcourse people choices what wallet they want to use to stored their coins in the safe way that they know.
 But ne thing I advise choose wallet where you are comfortable to use and understand to avoid risk or loses.
full member
Activity: 154
Merit: 250
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September 07, 2019, 01:39:02 AM
#32
I've got both Ledger Nano S and Trezor wallets and they're both excellent hardware wallets. I did actually consider buying the Ledger Nano X a few weeks ago, but I figured my current Ledger units work just fine and I mostly just use the BTC app on them, so I really don't need the additional space the newer units offer. Both have good interfaces as well, being simple enough for beginers but with enough features for more experienced users as well. I got my first Nano S a couple years ago and it's still going strong.
I really like the Ledger wallet. I think that it is the most convenient and easy to use. Now they added support for Zilliqa (ZIL), I am very happy about this.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
September 03, 2019, 06:25:58 PM
#31
I've got both Ledger Nano S and Trezor wallets and they're both excellent hardware wallets. I did actually consider buying the Ledger Nano X a few weeks ago, but I figured my current Ledger units work just fine and I mostly just use the BTC app on them, so I really don't need the additional space the newer units offer. Both have good interfaces as well, being simple enough for beginers but with enough features for more experienced users as well. I got my first Nano S a couple years ago and it's still going strong.
jr. member
Activity: 132
Merit: 3
September 03, 2019, 06:19:24 PM
#30
Cryptocurrency hardware wallets are always cool especially when it comes to the security of funds and the protection of private keys of holders from hackers or any form of malicious attacks.  The huge advantages associated with ledger Nano are obvious but it is unfortunate many people can't afford it since it is too expensive.
full member
Activity: 560
Merit: 102
September 03, 2019, 06:01:47 PM
#29
I have nano ledger, but not much to use it. Because i not much have bitcoin in my wallet and use my local exchanges so i can convert it with fiat when i want. And now i focus to save my tokens in Myetherwallet. I think when i have a lot of bitcoin and Ethereum maybe, i will use my ledger nano. Until now i still save it in it's box because still comfort with online wallet for now.
That is, Nano Ledger is more effective if used for long-term investment, hodl, right?
So far I also only use an online wallet, it is quite safe if we use multiple security keys and authorization. I avoid storing crypto in the wallet exchange because there is a big risk if the exchange is hacked.
copper member
Activity: 210
Merit: 0
KNL Ecosystem - Invest. Trade. Earn.
September 03, 2019, 01:59:44 PM
#28
It is a great opportunity to keep your crypto safe, but is it really worth it? I mean, I am trying to diversify my portfolio and to keep crypto on different exchanges and wallets, which is also very helpful. Moreover, Ledger does not support all crypto currencies that I need.
hero member
Activity: 938
Merit: 500
https://youengine.io/
September 03, 2019, 01:35:08 PM
#27
I also use a hardware wallet and I can assure you that this is really a very useful thing. So I agree with every word you say. In addition, it is one of the most authoritative and common wallets.
For me, a hardware wallet, this is at least what I can use in the field of cryptocurrencies. In this market you need to be very careful and always think about security. I recommend everyone to buy a Ledger.
sr. member
Activity: 686
Merit: 250
September 02, 2019, 05:07:40 PM
#26
I also use a hardware wallet and I can assure you that this is really a very useful thing. So I agree with every word you say. In addition, it is one of the most authoritative and common wallets.
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