Everything you need to know about Ledger Nano S

Over the past years, people have learned about cryptocurrencies and their benefits in our day-to-day life. Therefore, they also felt the need to find a secure way to store their tokens. They can store the cryptocurrencies in various types of crypto wallets, hot or cold. Here we want to discuss Ledger Nano S and what you need to know about this cryptocurrency wallet.

We will explain how using a Ledger Nano S will help you store crypto easily. We will also discuss the benefits of using Ledger Nano S and how to use it. Then, in other parts, we will also discuss what you can choose as an alternative for Ledger Nano S.

You can also read about The Differences between a bull trap and a bear trap.

But, we have to first discuss what Ledger Nano S is. Then, we can talk about what are the different types of Ledger Nano S wallets. Therefore, let’s don’t waste much time and begin our discussion on Ledger Nano S. 

The Different Types of Ledger Nano S

Here we want to discuss what Ledger Nano S is. Then, we will discuss what are the different types of Ledger Nano S wallets. 

The Ledger Nano S is a crypto hardware cold wallet, which we will break down further. Cryptocurrency wallets can be cold or hot. The hot wallets can easily connect to the internet. Therefore, they are perfect for users who use cryptocurrencies daily, for example, to buy products.

The cold wallet, like Ledger Nano S, is a crypto wallet that won’t connect to the internet. Therefore, the user will be sure that they are storing their assets in a safe place. This is because hackers and scammers can’t have access to your wallet when it’s offline.

Ledger Nano S is also a hardware wallet, which also adds another benefit. Then, let’s discuss the benefits of using Ledger Nano S. 

The Benefits of Ledger Nano S?

As we mentioned above, Ledger Nano S is a cold wallet which makes it more secure. It is also a hardware wallet, so you won’t lose it that easily. Many users lost their crypto wallet software when they lost or broke their phone. 

By using Ledger Nano S, you can easily have access to your assets through an app. Then, the Ledger Nano S is also an easy-to-use wallet. Which makes it perfect for newcomers who want to store their crypto assets safely. They are also great for any kind of crypto user who wants to store their assets.

How to Use Ledger Nano S?

To use the Ledger Nano S, you should connect to the Ledger Live app. You can connect to Ledger Live through Windows, macOS, or Linux. But in Ledger Nano X, you can also connect to your wallet using Android and IOS.

In the next part, we will put Ledger Nano S vs X to find out the differences between them. You can pick the one you’re most comfortable with and buy it. No matter the outcome of Ledger Nano S vs X, they are both great wallets.

Ledger Nano S Alternatives

If you are interested in purchasing Ledger Nano S there is only 1 model which is the Ledger Nano S plus. There is also the Ledger Nano X model which you can purchase. Therefore, we will put Ledger Nano S vs X to find out which one is better. 

Ledger Nano S Vs. X

Let’s put Ledger Nano S vs X to find out how they are different. We will also check out the Ledger Nano S website to check out the crypto wallet. You can also visit the website here.

As you can see there are 2 different models, Ledger Nano S Plus and Ledger Nano X. The first thing that you will notice when you put Ledger Nano S vs X is the price point. 

You can buy Ledger Nano S Plus for around 79 dollars. But you have to pay around 149 dollars for the X model. Which is almost twice the price of what you have to pay for the Ledger Nano S Plus model. The battery is larger in Ledger Nano S Plus. 

Ledger Nano S Plus and Ledger Nano X use the Ledger Live app to connect. They are both great cryptocurrency wallets that you can use to store your assets. The difference is that the Ledger Nano S Plus will only connect to the Ledger Live through desktops. 

Whereas in the Ledger Nano X model you can also connect to android and IOS. When you put Ledger Nano S vs X you will notice the Ledger Nano S Plus also looks older. But they both support the same amount of tokens. 

And no matter the difference in Ledger Nano S vs X, they are both great wallets. Therefore, you can pick either one that you are more comfortable with.

Conclusion

The series of Ledger wallets are great and secure crypto wallets. Ledger Nano S is a cold hardware crypto wallet that is super safe and easy to use. You can also pay a little more and buy the Ledger Nano X model. We have put Ledger Nano S vs X and discussed their differences.  Either way, the Ledger Nano S is a great crypto wallet to have.