The reason behind the entirely safe crypto transactions is the encryption keys. Also known as primary keys, they crypt the information present on the chain and maintain safety. These keys act like normal keys we use to open a lock. Only the right key can open a lock specific to it. Similarly, these keys lock the information and reveal it only to the intended recipient.
Ledger Nano S Wallet and Primary Keys:
We must end the most prevalent misconception that we are in control of coins in crypto transactions. In reality, it is nothing to do with money or any kind of currency. What we actually have in our possession are the primary or encryption keys.
As we know how crucial these keys are, we cannot risk losing or sharing them with anyone else. Doing so can lead us to lose all our crypto assets. We need hardware wallets for this purpose. These wallets safeguard the keys by storing them in certified secure chips.
These wallets avoid the easiest way of corrupting the keys by storing them in external hardware wallets. Our smartphones and PCs can be easily compromised, and storing private keys in these devices means losing everything we have in the crypto world. محفظةليدجرنانواس is a widely used hardware wallet and millions of users around the world.
Advantages of Ledger Nano S Wallet:
Also known as the original hardware wallet from Ledger, the محفظةليدجرنانواس is home to various benefits apart from the keys’ security. Some of them are discussed below in detail:
- Single-app Functioning:
The significant advantage of Nano S is, it doesn’t require multiple applications to manage the crypto accounts. We can sell, buy, exchange, and do whatever we want to with our crypto assets with a single application! After purchasing the Nano S hardware wallet, we just need to download and install the Ledger Live app. Everything is at our fingertips!
- Flexible Transactions:
You guys would be startled to know that Nano S allows us to trade using twenty-seven different crypto coins and over fifteen hundred tokens. There is no need to download multiple applications as we can avail of all these benefits from the Ledger Live app itself. Now we know why this Nano S is known as a one-stop solution for cryptos!
- Capacity:
We can install up to twenty different crypto applications on this hardware wallet by using the Ledger Live application. Some of them are Bitcoin, Bitcoin Cash, EOS, XRP, Stellar, Ethereum, etc. We can install and uninstall these applications whenever needed. All these processes are entirely safe, and we do not have to worry about anything.
Nano S Wallet Specifications:
The package includes a hardware wallet and a USB cable. Since Nano S is the original hardware wallet, Bluetooth connectivity is not possible here. The device specifications are as follows:
- The desktop version works on a 64-bit desktop with Windows version 8 and above, macOS version 10.10 and above, Linux.
- The mobile version works on smartphones with Android version 7 and above.
One thing to remember here is, we will need an OTG kit to connect the Nano S wallet to our devices.
