Best Bitcoin Wallet For 2017 And On
Our favorite bitcoin wallet is the Ledger Nano S, a bitcoin, Ethereum, Litecoin and other altcoin hardware wallet. It has robust safety features that allow the device to store your cryptocurreny assets. As a new year approaches it is very important to think about safety and protecting your coins. We have seen and heard about countless “bitcoin hacks” where people are hacking into your wallet and draining all of your assets out. There are other hardware wallets available put some are still flawed and can be easily hacked, the best way to make sure your cryptocurrencies are safe is with a “cold wallet” like the Ledger Nano S because it is similar to a USB port and can be stored offline in the device. As hackers continue to perfect their craft of stealing from others on the blockchain, anyone and everyone should consider in protecting their private keys and investing in a hardware wallet such as the Nano S. The device connects to any computer as long as it has a USB port. The Nano is small in size 98mm x 18mm x 9mm and light weight only weighing 0.6 ounces. The wallet is made from brushed stainless steel and plastic and requires 1 lithium ion battery to operate. The Ledger Nano S has been available for purchase on Amazon since July of 2016.
Protect You Bitcoin
If you own cryptocurrency, it is very important to keep them safe. Since they are an asset and worth money you don’t want someone to steal your money. With the Ledger Nano S, your private keys are never exposed and your intangible coins are safe and secure. Being that all cryptocurrencies are digital and are stored on the blockchain they are vulnerable to hackers, who can come in a take all of your coins. With the Nano S your coins are isolated inside the hardware wallet with hi-tech technology that is locked away with a unique PIN code. With a hardware wallet like this no one can alter or tamper with a transaction because they physically need to be verified on the embedded screen that displays when the device is plugged in.
Use Your Wallet For Payments
The Ledger Nano S can be used to store bitcoin and over 20 other altcoins. You can send/receive payments, check your account balance and manage all your cryptocurrency addresses from this one device. Using the Ledger Nano S will save you time and money because you will only need one hard wallet to store your coins rather than buying multiple for each altcoin.
Ledger Nano S Advantages
The Ledger Nano S supports many different altcoins as well as bitcoin all in the same hardware wallet.
With it’s built in display you can check and confirm every transaction using physical buttons on the device.
State-of-the-art security your confidential data will never be exposed. The cryptocurrencies are secured inside the device and locked by a PIN code. If you don’t share the PIN code with others your assets will be safe.
The Nano can be backed up and restored; your accounts are protected if something should happen. The accounts can be recovered since they are backed up on “recovery sheets”.
Ledger Nano S Security Features
Malware proof: The configuration of the device is done on a fully secured environment. The Nano is never exposed to the outside world.
Pin Code: The Ledger requires a 4 digit code be entered each time you wish to plug in the device and access your account.
Privacy: Your cryptocurrency private keys are never held or known by the Nano or any third party user. The private keys are hard locked in the secure element. The wallet is fully decentralized; you are essentially your own bank.
What’s Included with My Purchase
When you purchase the Ledger Nano S you will receive the hardware wallet itself, a USB cable, a fully list of instructions on how to use the device, a recovery sheet in case you need to restore it, and a battery.
Ledger Nano S Appearance
The device is pretty straight forward and easy to use. First plug the USB cable into the hardware wallet. While looking at the device there will be two buttons on the top (left and right of the screen). The button are used to navigate to different choices, make decisions, and change features. When you hold the two buttons down together this means you are confirming or wish to continue to the next screen.
How To Use A ledger Nano S
The first step is to connect the USB cable into the Nano S and plug it into your computer’s USB port. Next you will need to follow the instructions on the small screen of the physical wallet. Your options will be to create a new wallet, or to import a current cryptocurrency account. To make a decision use the buttons on the top to hover over your choice and hold both buttons in to confirm.
The next step is to choice a 4 digit PIN code. Make sure you remember and write this code down somewhere safe because you will need it every time you turn the device on. Once you have the PIN created make sure you confirm it. If you enter the code wrong 3 times in a row the device will reset so make sure this doesn’t happen.
Use the recovery sheet that was supplied in the box to write down the 24 words in order of appearance. This step is crucial to guarantee that you can recovery your wallet in case you lose it or if it is stolen. You also will not be able to step up your device without confirming that you copied the 24 words. Keep the sheet in a safe place.
Once you see “Your device is now ready” appear on your screen your Ledger Nano S is configured. Now you just have to install the Ledger Apps on your laptop or computer to begin using the wallet. In your browser (Google Chrome), download the free app called “Ledger Wallet Bitcoin Chrome App” or the “Ledger Wallet Ethereum Chrome App”. Head to the Apps page to install, it only takes a few seconds to install, and any new upgrades are free.
Your Ledger Nano S can now be used with your Chrome apps on any computer. Make sure to keep your PIN and your 24 word password safe. You can now use the wallet to store your private keys and to make/receive payments.
Conclusion
We believe the Ledger Nano S is one of safest bitcoin hardware you can get. In 2017 we saw a lot of hacks and I believe it will only get worse as more people try to hack and steal other people’s cryptocurrencies. You’ve worked hard for your money so now you should protect it, buy your Ledger Nano S today!
Source: https://www.ledgerwallet.com/products/ledger-nano-s
Source: https://www.ledgerwallet.com/start/ledger-nano-s
Our favorite bitcoin wallet is the Ledger Nano S, a bitcoin, Ethereum, Litecoin and other altcoin hardware wallet. It has robust safety features that allow the device to store your cryptocurreny assets. As a new year approaches it is very important to think about safety and protecting your coins. We have seen and heard about countless “bitcoin hacks” where people are hacking into your wallet and draining all of your assets out. There are other hardware wallets available put some are still flawed and can be easily hacked, the best way to make sure your cryptocurrencies are safe is with a “cold wallet” like the Ledger Nano S because it is similar to a USB port and can be stored offline in the device. As hackers continue to perfect their craft of stealing from others on the blockchain, anyone and everyone should consider in protecting their private keys and investing in a hardware wallet such as the Nano S. The device connects to any computer as long as it has a USB port. The Nano is small in size 98mm x 18mm x 9mm and light weight only weighing 0.6 ounces. The wallet is made from brushed stainless steel and plastic and requires 1 lithium ion battery to operate. The Ledger Nano S has been available for purchase on Amazon since July of 2016.
Protect You Bitcoin
If you own cryptocurrency, it is very important to keep them safe. Since they are an asset and worth money you don’t want someone to steal your money. With the Ledger Nano S, your private keys are never exposed and your intangible coins are safe and secure. Being that all cryptocurrencies are digital and are stored on the blockchain they are vulnerable to hackers, who can come in a take all of your coins. With the Nano S your coins are isolated inside the hardware wallet with hi-tech technology that is locked away with a unique PIN code. With a hardware wallet like this no one can alter or tamper with a transaction because they physically need to be verified on the embedded screen that displays when the device is plugged in.
Use Your Wallet For Payments
The Ledger Nano S can be used to store bitcoin and over 20 other altcoins. You can send/receive payments, check your account balance and manage all your cryptocurrency addresses from this one device. Using the Ledger Nano S will save you time and money because you will only need one hard wallet to store your coins rather than buying multiple for each altcoin.
Ledger Nano S Advantages
The Ledger Nano S supports many different altcoins as well as bitcoin all in the same hardware wallet.
With it’s built in display you can check and confirm every transaction using physical buttons on the device.
State-of-the-art security your confidential data will never be exposed. The cryptocurrencies are secured inside the device and locked by a PIN code. If you don’t share the PIN code with others your assets will be safe.
The Nano can be backed up and restored; your accounts are protected if something should happen. The accounts can be recovered since they are backed up on “recovery sheets”.
Ledger Nano S Security Features
Malware proof: The configuration of the device is done on a fully secured environment. The Nano is never exposed to the outside world.
Pin Code: The Ledger requires a 4 digit code be entered each time you wish to plug in the device and access your account.
Privacy: Your cryptocurrency private keys are never held or known by the Nano or any third party user. The private keys are hard locked in the secure element. The wallet is fully decentralized; you are essentially your own bank.
What’s Included with My Purchase
When you purchase the Ledger Nano S you will receive the hardware wallet itself, a USB cable, a fully list of instructions on how to use the device, a recovery sheet in case you need to restore it, and a battery.
Ledger Nano S Appearance
The device is pretty straight forward and easy to use. First plug the USB cable into the hardware wallet. While looking at the device there will be two buttons on the top (left and right of the screen). The button are used to navigate to different choices, make decisions, and change features. When you hold the two buttons down together this means you are confirming or wish to continue to the next screen.
How To Use A ledger Nano S
The first step is to connect the USB cable into the Nano S and plug it into your computer’s USB port. Next you will need to follow the instructions on the small screen of the physical wallet. Your options will be to create a new wallet, or to import a current cryptocurrency account. To make a decision use the buttons on the top to hover over your choice and hold both buttons in to confirm.
The next step is to choice a 4 digit PIN code. Make sure you remember and write this code down somewhere safe because you will need it every time you turn the device on. Once you have the PIN created make sure you confirm it. If you enter the code wrong 3 times in a row the device will reset so make sure this doesn’t happen.
Use the recovery sheet that was supplied in the box to write down the 24 words in order of appearance. This step is crucial to guarantee that you can recovery your wallet in case you lose it or if it is stolen. You also will not be able to step up your device without confirming that you copied the 24 words. Keep the sheet in a safe place.
Once you see “Your device is now ready” appear on your screen your Ledger Nano S is configured. Now you just have to install the Ledger Apps on your laptop or computer to begin using the wallet. In your browser (Google Chrome), download the free app called “Ledger Wallet Bitcoin Chrome App” or the “Ledger Wallet Ethereum Chrome App”. Head to the Apps page to install, it only takes a few seconds to install, and any new upgrades are free.
Your Ledger Nano S can now be used with your Chrome apps on any computer. Make sure to keep your PIN and your 24 word password safe. You can now use the wallet to store your private keys and to make/receive payments.
Conclusion
We believe the Ledger Nano S is one of safest bitcoin hardware you can get. In 2017 we saw a lot of hacks and I believe it will only get worse as more people try to hack and steal other people’s cryptocurrencies. You’ve worked hard for your money so now you should protect it, buy your Ledger Nano S today!
Source: https://www.ledgerwallet.com/products/ledger-nano-s
Source: https://www.ledgerwallet.com/start/ledger-nano-s
Disclaimer: This is not investment advice; these are just my own opinions. Only invest the money you can afford to lose. You can lose it all so invest wisely. “We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.”