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The best Bitcoin wallets for safe and secure storage!

Ledger Nano S

The Ledger Nano S will be the first Among the first hardware wallets ever created, it followed shortly after the first creation of the Trezor. Like its successor, the Nano S is compatible with tens of thousands of cryptocurrencies. The Nano S does not come with a USB type-C cable, so users using more modern smartphones might have difficulty connecting to their apparatus.

The Nano S is essentially the same as Both support the same list of cryptos and also have access to the Ledger Live software. Unlike the Nano X, Nano S lacks Bluetooth connectivity, and it only stores around 18 wallets versus the 100 wallets that can be simultaneously stored with Nano X.

The Nano S only has sufficient storage to Create pockets for a limited number of cryptocurrencies at one time. If you were to delete a pocket to be able to bring another kind of cryptocurrency, then you wouldn’t lose the cryptocurrency in the wallet you deleted. This is because that cryptocurrency is saved directly on the blockchain.

The deposited pocket, and crypto inside It, may nevertheless be seen in Ledger Live, however the wallet will not be seen on the Ledger device . This means that if you would like to ship or receive to the wallet you’ve deleted, you may need to delete a different pocket to make more room.

That said, at only $59, the Ledger Nano S is a fantastic wallet for those seeking to keep their cryptocurrency safely for a fair price. It is also quite user friendly with Ledger Live, making it an perfect product for a novice searching for secure and simple storage for a handful of cryptocurrencies.

Pros

  • Safe storage for a low price
  • Open-source applications with added benefit of customer and community service
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