Ledger Nano S Review 2019 - Everything You Need To Know

Anisa Batabyal
| 27 February, 2019 | 2 min

The Ledger Nano S guarantees high security and a simple user interface. The Blockchain as a whole is a fascinating concept that offers limitless opportunities for growth and innovation across various sectors. As interest in cryptocurrency continues to increase, the desire for a quality hardware wallet that supports a wide variety of altcoins continues to heighten. This is where the Ledger Nano S comes in. The safety of our digital asset(s) is very important. Therefore, it is paramount to use only the best tools at your disposal. In this Ledger Nano S review, we will be highlighting the qualities that make this product unique.


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Ledger Nano S Review

The Ledger Nano S is a cryptocurrency hardware wallet, built to support a wide variety of altcoins including bitcoin that is fairly well-known. This hardware wallet offers a great user experience.

Should you buy a Ledger Nano S? Most definitely! Now, you may ask yourself, why? Making an order for this product right now is one of the best decisions you can make.

This wallet gives you high-grade security, and ease of use with an easy to use interface. Trust me, there is nothing more reassuring than the security of your assets and ease of access.

While storing your digital assets on your mobile device may seem easy at first, you risk losing them if your phone gets hacked. What do we hope to cover in this Ledger Nano S review? Let's take a look.

  • The Ledger Nano S road map.
  • Benefits of using the Ledger Nano S.
  • Ledger Nano S vs Trezor.
  • Ledger Blue vs Nano S.
  • Who makes Ledger Nano S?
  • Ledger Nano S Tether.

One important thing to note is that with this hardware wallet, you spend less time worrying about the safety of your assets. This leaves you with more time to invest productively in growing your assets or engaging in other activities. Now that we have our road map for this article sorted out, let's address ledger nano s road map.

The Ledger Nano S Road Map

The Ledger Nano S has come a long way. The Ledger Nano S road map is characterized with wider support for digital assets. As at the time of writing this article, this hardware supports 25 coins and digital currencies. They have developed into cold storage wallet that we now use, which enables your coins to be stored offline. It's just like going off the grid. But in this case, you are putting assets off the grid, independent of the internet. This goes a long way in crippling remote hacking attempts.

To fully understand Ledger Nano S road map, let's take a look at some of the digital currencies they have grown to support over the years :

  • Dash
  • Bitcoin
  • Bitcoin Gold
  • Ethereum Classic
  • Ark
  • Digibyte
  • Dogecoin
  • Ethereum
  • Bcash
  • Expanse
  • Hcash
  • Litecoin
  • Komodo
  • NEO
  • PIVX
  • Stellar
  • Qtum
  • Ripple
  • Zcash
  • Vertcoin
  • Stratis
  • Ubiq
  • PoSW
  • Viacoin
  • Stealthcoin

This product is one that promises to be even more resourceful. Taking a good look at the ledger nano road map, it can be observed that it has support for some major coins. We expect that more coins would be supported soon.

Benefits of using the Ledger Nano S

What makes this wallet unique? What are the stunning features that stand out? Let's find out.

  • The Ledger Nano S supports all ERC tokens when used with MyEtherWallet.
  • It works perfectly with Windows, Mac, Linux, and Chrome Operating system (OS)? What's more? You can connect it to your Android device with the aid of an OTG cable.
  • You can receive bitcoin in your ledger even when it's offline.
  • You can manage multiple cryptocurrency accounts on the ledger for all supported languages.
  • After an update and restoring your ledger, all your coins appear automatically without any special procedure.

Ledger Nano S vs Trezor

The Ledger nano s vs Trezor stand-off has always been a matter of debate. With both their ratings standing at an equal 4.5 stars, these companies are in a tight race for the best service provider. However, there have to be advantages and disadvantages of both. Let's check them out.

Coin and token Support

The TREZOR wallet has a downside as the interface doesn't support many coins directly. This gives the Ledger Nano S an upper hand in terms of coin and token support.

Design

Portability is key. And both wallets have this understanding as they can be carried around easily. But, the sleek, slender and metallic frame of the Ledger Nano S has a better feel to the hands.

User Experience

Both wallets are easy to use and have in-built screens that enable easy navigation and interaction.

Price

In terms of price, the TREZOR wallet takes the win, as it is more affordable than the Ledger Nano S which is slightly more expensive.

Final verdict

Being in operation since 2014, both companies have built a strong reputation for themselves. However, in terms of some technical advancements, the Ledger Nano S takes the lead. That sums up the Ledger nano s vs Trezor review.

Ledger Blue vs Nano S

The Ledger Blue vs Nano S comparison is one that is pretty close but worth the distinction. They are both amazing products produced by the same company. The bright ideas behind these two products are designed to serve customers with diverse preferences.

When it comes to the security of your coins, neither the ledger nano s or the ledger blue is better than the other. In terms of price, the Nano s is a better pick as its price is more budget friendly than that of the ledger blue. In terms of size, the Ledger Blue comes in the form of a tablet device while the Ledger S is more portable and can fit into your pocket.

The idea behind the price is more about providing premium services to individuals who don't mind throwing in extra bucks for one of the most advanced hardware wallet technologies available in the market.

The Ledger Blue vs Nano S is a fairly equal comparison. Truth is, if your primary focus is the security of your digital assets, the ledger nano is just adequate.

Who makes Ledger Nano S?

Ever wondered who makes Ledger nano s? Ledger, a company established in 2014 has earned a reputation for itself as a leader in providing hardware solutions to its users in terms of cryptocurrency storage, in a safe and easily accessible way. The Ledger hardware wallets line has recorded sales in over 150 countries. They have their headquarters in Paris, Vierzon and San Francisco. Their main aim is to ensure the security of your cryptocurrency and they have provided services and products to fulfill your needs.

Ledger nano S Tether

Want to know about Ledger nano S Tether? Does the idea of saving US Dollars on your Ledger nano s fascinate you? Well, with a stable coin, you can. Tether is a cryptocurrency, whose tokens are issued by Tether Limited. According to the company, each Tether token is backed by $1. The Tether token is designed to always worth $1.00 As regards ledger nano S Tether, it is now possible to save your Tether on a Ledger nano s.

Conclusion

The Ledger nano s is an amazing product that is worth every buck. With the requirement of cryptocurrency security in current times, this product has got you covered. Sleek design, very portable and easy to use, high-grade security, affordable price and more is what this product promises. So, what are you waiting for? Get your cryptocurrencies secure today with this innovative cold storage hardware device.

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