Thanks for stopping by to read our Ledger review.
A Bitcoin wallet is the first step to using Bitcoin.
Without a wallet, you can’t receive, store, or spend bitcoins.
You can think of a wallet as your personal interface to the Bitcoin network, similar to how your online bank account is an interface to the regular monetary system.
Bitcoin wallets contain private keys – codes that permit you to spend your bitcoins.
It’s not bitcoins that need to be safe and secured, but the secret keys that permit you access to them.
Here is an evaluation of the 3 different kinds of hardware Bitcoin wallets made by the popular Bitcoin wallet company Ledger.
What Is Ledger Wallet?
The Ledger brand name of Bitcoin wallets are among the “Big 2” of the hardware Bitcoin wallet market. The other one of course being the initial hardware Bitcoin wallet, Trezor.
The beginner KeepKey may end up being a force to be considered in the market in the coming future, however it is too costly to compete with the Ledger Nano. Should it be the brand that you opt for to protect your hard-earned cryptocurrency? If so, which type wallet should you get? Keep reading to get more information.
Three Available Wallets
Ledger Blue
This is the “elite” hardware Bitcoin wallet offered. It costs a massive $256 USD and is clearly seen as Ledger's flagship product. This item is seen as something that only cryptocurrency fanatics with big sums of cryptocurrency would buy and use. Even though the majority of you are unlikely to buy this version, We will still review the functions.
State of the art encryption. Anything and everything you store on the Ledger Blue will be protected with impossible to break encryption worthy of the $256 price tag. Rest easy, understanding that your pile of Bitcoin or any other cryptocurrency can not be hacked into and stolen.
Has a touchscreen. The Ledger Blue feels and looks like a little tablet and is operated by a small touchscreen. This makes it exceptionally easy to run the gadget and as I will discuss later on, you can even use other apps on it.
It Can link to other devices by means of USB and Bluetooth. The ability to connect by means of Bluetooth provides the Ledger Blue a leg-up over its competitors, although its competition are over 100 dollars less expensive than it. Still, having Bluetooth compatibility is extremely useful particularly for those who dislike needing to handle wires.
It Can fill other applications without affecting the main firmware. You can introduce other applications on the Ledger Blue and easily add other cryptocurrency that you have without disrupting your primary wallet.
Easy to bring around and has a cool style. Despite the cost and all of the features and innovation jam packed into it, the Ledger Blue is surprisingly light. You can quickly and easily bring this device with you any place you go and it will not take up much space or weigh you down.
Optimum compatibility. You can safely store every essential cryptocurrency on this device. Whether it be Bitcoin or Litecoin or Dogecoin or any other cryptocurrency, all them will be secured.
And if somehow you lose your Ledger Blue and somebody else sees it (or takes it), you will not have to worry about them accessing your funds.
Why? Because when you first set-up your Ledger Blue, you will have to designate a 4 to 8 character PIN code that you will have to get in to access your device each time you want to access it. The individual who takes your gadget would have to attempt a very difficult task to crack the code.
You can pick yours up by CLICKING HERE.
Ledger Nano S
The mid-range priced Ledger cryptocurrency wallet is the Ledger Nano S. It runs similarly to the Ledger Blue, however is not as loaded with technological functions. You can only link it to other gadgets through a micro-USB to USB cable, you cannot load other apps, and it has no touchscreen.
It has a great and intense OLED screen to take a look at so you see and understand what you are doing when pressing the side buttons on the gadget.
As far as security goes, the Nano S is great. Much like the Blue, you will have to set a 4 to 8 character PIN key and go into that PIN each time you want to access the device. In addition to that, it utilizes Secure Element to protect any cryptocurrency transactions you make from hacking or other sort of tampering.
You can pick yours up by CLICKING HERE.
Ledger Nano
The Ledger Nano hard wallet is the least expensive hard wallet of its kind on the marketplace. It is really light and is thinner than many USB sticks. It is simply a smartcard that gets placed into a device's USB port. No micro-USB to USB cords needed and no Bluetooth compatibility.
It is a very simple device, however when you look at the price, you will know why. This item is for individuals who do not have a great deal of Bitcoins or other cryptocurrency but just need a safe offline place to store it.
It has no user interface on the device itself, however you utilize and operate it by plugging it into your computer and then installing the plugin on the Google Chrome browser.
Even with its tiny cost, the Ledger Nano offers you a fantastic level of security. If you end up misplacing your wallet, your cash won't be lost (as is the case with all of the Ledger wallets). You can just buy a brand-new wallet and use the Chrome plugin to put your cash in the new wallet. Easy!
In addition to that, the Ledger Nano utilizes EAL5+ smartcard innovation that numerous top-level businesses use to protect their details and other sensitive information. This item might be inexpensively priced, however it was not cheaply made at all.
And here is the very best part– all of your information is saved on the smartcard itself. Absolutely nothing is managed or owned by another company or even Ledger itself. It is your wallet.
Purchasing Ledger Wallet
The Ledger Blue hardware Bitcoin wallet will cost you about 256 USD (or 229 euros). The Ledger Nano S can be purchased for about 65 USD (or 58 eur). And the Ledger Nano will cost you about 32 USD (or 29 euros).
You can pick yours up by CLICKING HERE.
Company Information
The Ledger Blue, Nano, and Nano S Bitcoin wallets are made by a company named Ledger. The company's head offices are in Paris, France, but they also have an American workplace in San Francisco, California.
Verdict
We think all three of the Ledger Bitcoin wallets are extremely well-made (especially the two cheaper designs). They really know how to give its consumers a real bang for their dollar.
One downfall is that they put a lot technology in the Ledger Blue that it simply needed. This caused it to have a high cost. If you have the money and have large amounts of cryptocurrency to protect, I truly recommend getting the Ledger Blue.
It is the ultimate Bitcoin wallet hardware and has a stunning smartphone-esque GUI that makes it incredibly simple to use. The Nano and Nano S don't have a GUI, the Ledger did make a really good Google Chrome web browser app to make using those gadgets easy as pie even for those who are not real good at using computer systems.
You can pick yours up by CLICKING HERE.
I strongly advise that, if you do not have a lot of Bitcoin or other cryptocurrency, you ought to take look at the Nano and Nano S.
After you examine the features and the price points of those, you need to take a look at their rivals like Trezor and see if the lower cost and the sacrifice of some innovation makes them a better deal. Everything depends upon your requirements, really.
You can pick yours up by CLICKING HERE.
Follow Us on Social Media Below (We are a Real People :)):
Subscribe To Our YouTube Channel Here
Thanks,
Leave a Reply