Ledger Hardware Wallet Tutorial – Safe Crypto Wallet

One of the most popular Hardware Cryptocurrency wallets is that of Ledger Nano S. The Ledger hardware wallet provides a secure offline solution for cryptocurrency traders to store their digital data. 

Commonly knowns private keys the Ledger hardware wallet gives users a multi cryptocurrency offline storage solution. Because of essential, these hardware wallets are similar to that of a USB key, it provides security by hosting the private keys offline making them difficult for hackers to access your cryptocurrencies.

It hosts some of the more common crypto coins but also some fewer know Altcoins Bitcoin Gold, Ark, Bitcoin, Bitcoin Cash, Digibyte, Dash Dogecoin and Ether. Protect your Bitcoin with the Ledger Nano S here

Disclaimer: I am not a finical advisory. I do earn a small commission if you choose to purchase any of the recommended products below. Please make sure that you do your research before you purchase any Cryptocurrencies related products or services.

1.Get Ledger Live to set up and use your Ledger device

Ledger Wallet Sett up 2022

Available on: Mac OS, Windows, Linux, iOS, Android

2. Choose a PIN code and write down your recovery phrase

3. Install apps on your device using the Ledger Live Manager

How To Transfer Crypto Assets From Binance to Ledger

How To Transfer Crypto Assets From Coinbase to Ledger

By using a service that holds your crypto assets, you are putting trust in the service to keep the private keys secure from theft and to send your crypto assets when you request so. As long as you’re not managing your own private keys, you don’t really own your crypto.

Manage your private keys. Securely

Ledger hardware wallets enable easy and secure private key management. When you set up your device, a unique master private key is created by Ledger’s secure hardware and software. As all your private keys and public addresses arise from your master private key, you can manage many accounts and crypto assets with a single device.

You transact by verifying and signing transactions on the device. To withdraw from an exchange, you request your crypto assets to be sent to a public address provided by your hardware wallet. That’s how you become the legitimate owner of your crypto.