Holding altcoins on ledger nano s

holding altcoins on ledger nano s

Leave a Comment Cancel Reply Your email address will not be published. Later, I realized that it supported many other cryptocurrencies as well. If your Ledger has been lost or stolen, your funds can still be accessed by importing the recovery seed into Mycelium for Android.

1,000+ Supported Coins

The Ledger Nano S is a cryptocurrency hardware wallet, to be more specific you can store your Bitcoins, Ethereum and pretty much any other altcoins on this hardware wallet. The reason you need a hardware wallet in the first place is because cryptocurrencies are very different from traditional fiat currencies. In the case of paper money, your bank acts as an intermediary and charges you a service charge for putting your money under their care. And in turn, they offer you services and security. However for cryptocurrencies, you do not need a middle man.

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holding altcoins on ledger nano s
The Ledger Nano S read our review is one of the most popular and secure ways to store Bitcoin and other cryptocurrencies. When you own cryptocurrencies, you need to protect your confidential data and the access to your funds. View Entire List of Coins. You can also use other compatible software wallets from the following list:. MyEtherWallet is a popular online Ethereum wallet which you can use as an alternative to the Ledger Ethereum Chrome application. It supports natively the Nano S on Chrome and Opera, without the need to install any app or plug-in.

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Words will show up one at a time, just click the right button to see the next word. Buy a Ledger Nano S. Of all the different wallet types, the mobile wallet space seems to be the most competitive. Adviced to use one as you will be required to take care of one private key only this way. The Ledger Najo S read our review holding altcoins on ledger nano s one of the most popular and secure ways to store Bitcoin and other cryptocurrencies. Ledter ever since then, knowing that has opened up numerous opportunities for me because it cleared my doubt on how to keep all of them secure.

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