Ledger Nano S wallet: the most complete review, instructions on how to buy a Ledger on the official website
The Ledger Nano S is a cryptocurrency hardware wallet that is the most reliable way to go about it. Allows you to safely and conveniently store over 30 crypto assets such as Bitcoin, Ethereum, Litecoin, Dash, Ripple and others. The Ledger Nano S wallet is designed as a small flash drive with two buttons and a display. For ease of management, the Ledger Live application has been created, which is installed on a computer and allows you to easily manage cryptocurrencies in your wallet. The editorial staff of Profinvestment.com has prepared a detailed review of the wallet, based on personal experience with it. Attention: since December 2021, a promotion has been carried out, so you can buy Ledger with a significant% discount.
The official website is www.ledger.com.
Ledger is the most popular hardware multicurrency wallet for cold storage of cryptocurrency. At the beginning of August 2018, 1.3 million devices were sold. With delivery to virtually anywhere in the world, the Ledger Nano S has already been owned by customers in 100 countries. The device is shipped to Russia, Ukraine and other countries. Delivery time is on average 2 weeks.
Order delivery to Belarus through Russian services for the delivery of goods to the Republic of Belarus (for example, this one). They will provide a Russian delivery address. Checkout the product on ledgerwallet.com using a modified IP (not Belarusian). To change the IP, you need to download the TOR browser, Psiphon or buy a proxy, VPN. Because Ledger stopped sending wallets to Belarus. Another alternative is Trezor wallets.
The Ledger Nano S costs € 83.32 + 20% vat. The final price with delivery is 99 euros. You can buy it in various ways: by paying with a bank card, cryptocurrency, PayPal and Qiwi accounts. The main characteristics are shown in the picture:
How to buy a Ledger Nano S
To buy a Ledger Nano S, you need to go to the official ledger.com website and select your wallet under the “Products” section at the bottom of the site or in the top menu.
After reviewing the characteristics of the product for purchase, you must click the “Buy now” button. On the new page, specify the required number of Ledger wallets and add them to the “Add to card” basket.
As you can see, there is a Ledger in the shopping cart with a full price tag of 99.99 euros. To complete the application and pay, you need to click “Checkout”.
Nuance. Since the information may be out of date, the current cost and conditions are best viewed on the official Ledger website.
Then fill out the application form, indicating all the necessary information:
✅ Email address.
✅ Name, surname (First, Last Name).
✅ City (City).
✅ Postal Code.
✅ Telephone (Telephone).
It is recommended to write words in the Latin alphabet (for example: Moskva, ul. Naberezhnaja). The main thing is that the mail is sorted out and delivered to the exact address. To translate text into transliteration, it is better to use special services, for example translit.net.
After filling in all the lines, you need to click “Continue to shipping method” and check the correctness of the entered data for the delivery of the parcel (“Shipping Address”). The cost will already be displayed in the national currency of the recipient’s country. At the time of this writing, the full price of the Ledger Nano S cold wallet was 7,990 Russian rubles. The ledger is shipped from France, delivery is free and by regular mail. As stated on the official website, the term for receiving a crypto wallet is 5-11 business days.
To pay for the order, you need to click “Continue” and choose a convenient payment method:
✅ Bank cards Visa / MasterCard (credit card).
✅ Using the cryptocurrency Bitcoin or Bitcoin Cash through the Bitpay payment processing service. You need to make a payment within 15 minutes after invoicing, since the rate is fixed. During this time, transfer the specified amount of cryptocurrency to the recipient’s address, which is presented in the form of a QR code. Payment is possible from a crypto wallet on a mobile device by scanning a QR code. You can also pay to a URL or using payment protocol compatible wallets: Bitcoin Core, Copay, Electrum, Bread Wallet, Airbitz, Mycelium
✅ Through Paypal.
✅ Using the Qiwi wallet.
At the end of the payment, click on the square opposite the words “I agree to the Sales Terms”, thereby agreeing to the terms of sale and use. The warranty period is 2 years.
Getting the Ledger Nano S and package contents
The Ledger wallet comes in a box like this:
The complete set consists of:
- Actually the Ledger Nano S.
- A sheet for saving a 24-word mnemonic phrase to restore access to the wallet.
- USB cable for connecting to a computer.
- Accessories (cord, ring).
Advantages of the Ledger Nano S wallet
Ledger is classified as a cold wallet for storing cryptocurrency. This is the safest and most reliable way.
The main advantages of Ledger:
⭐Supports the most popular and liquid cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, Bitcoin Gold, Dash, Litecoin, Ripple, Zcash, Neo and others. No need to download and install a wallet for every coin, Ledger allows you to store assets in one place.
⭐Safety. All Ledger wallets have a secure chip similar to that used in bank cards and other highly secure devices. The proprietary BOLOS operating system is used. Private (private) keys can never be retrieved from the device. Representatives of the company do not have access to them either, since they are created locally on the device and are not transferred anywhere. The device also controls the integrity of the firmware using cryptographic attestation. All transactions are carried out in a secure environment and are confirmed by a PIN.
⭐Simplicity. For control, only two buttons and a display are involved. Also, the Ledger Live application was created to manage cryptoassets, check balances, set up a cold wallet and other functions. You need to download the application from the official website ledger.com.
⭐Recovery. In the event of the loss of the Ledger Nano S, control over the cryptocurrency can always be restored thanks to a mnemophrase (seed) of 24 words. A piece of paper is supplied in the kit, where these words must be entered and kept in a safe place (put in a safe).
⭐Integration with other cryptocurrency wallets: Electrum, Bitgo, Mycelium, Copay, MyEherWallet and others.
⭐PIN. For any connection to a computer, you must enter a code consisting of 4-8 digits.
Instructions on how to work with the Ledger wallet
Before starting work, company representatives recommend that you verify the authenticity of the device. To do this, you need to check the box for opening, the status of the wallet, etc. It is recommended to buy Ledger on the official website or from resellers. When shopping elsewhere, it is important to inspect your device carefully before paying to make sure it has not been used.
Step-by-step instructions for setting up and working with the Ledger Nano S wallet:
- Connect the device to the computer (any other 5 volt power supply can be used) using the USB cable that is included in the package.
- Step 1. The display will show the message “Press both buttons to begins”. You need to press two buttons at the same time. Read the inscription “Configure as new device?”, That is, “Configure the device as new or restore?”. Press the right button as the Ledger hasn’t been used yet.
- Step 2. Set a PIN-code (“Choose a PIN-code”). Press two buttons simultaneously and enter arbitrary 8 digits. Repeat (“Confirm”) the entry.
- Step 3. After setting the PIN, the message “Write down your recovery phrase” will appear on the screen. Write the proposed words on the sheet strictly under the same numbers. record phrase to restore ledger
- Step 4. Repeat recovery phrase. A number will appear, you need to choose which word corresponds to it. If everything is done correctly, the message “Your device is now ready” appears, indicating that the device is initialized.
Setting up a Ledger wallet for the first time is very simple, so there shouldn’t be any difficulties at this stage.
To confirm the action, you need to press two buttons at the same time, to select – left or right.
Installing the Ledger Live app
For further work with the wallet, we recommend downloading and installing Ledger Live. Using this application, you can update the Ledger wallet firmware to the most current one, add or remove cryptocurrency, receive or transfer it.
✅ Go to the official website ledger.com and download Ledger Live.
✅ Start installation.
✅ At first start select “Initialize a new Ledger device”.
✅ Select the desired device – Ledger Nano S and step by step perform the initialization step by step, there are only 6 of them.
- On the 4th step, confirm that the PIN-code and recovery phrase have been saved. In the 3rd sub-item, click “Check now”, the message “Allow Ledger manager” will appear on the device, confirm the action with the right button. The label will change to “Your device is genuine”. Synchronizing ledger with the application.
- 5th item. Enter the password for the Ledger live app. This completes the connection and binding of the wallet.
Sync Ledger Wallet and Ledger Live
You need to launch the Ledger Live application, select the “Manager” item. To synchronize, connect the device to the computer, enter the PIN-code, in the main menu, confirm the connection to the manager with the right button (there should be an inscription “Allow Ledger manager?” On the screen). A check mark should appear in front of all the items.
Then the Ledger Nano S wallet manager will open. You can update the firmware and add a new cryptocurrency to the device with the “Instal” button. To delete unnecessary coins, just click on the trash can icon.
How to receive and send cryptocurrency
✅ You need to sync your Ledger wallet with the Ledger Live app, select Portfolio and click Add account.
✅ Choose a cryptocurrency. It must be installed on the Ledger via the “Manager” item.
✅ Connect the wallet to the computer, enter the PIN, click on the cryptocurrency icon.
To receive cryptocurrency, click “Receive”:
Complete the sync stage:
Read the warning that the addresses in the application and on the device must match. Press “Verify” and the right button on the device, respectively:
At the last stage, the address of the wallet will appear, to which the cryptocurrency should be transferred from a cryptocurrency exchange or other storage.
To transfer cryptocurrency, you need to click “Send”, select a cryptocurrency account, specify the wallet address, quantity, commission. Then connect the Ledger wallet and confirm the transaction.
If you have any questions, ask them in the comments or go to the official Ledger website and use the help information.