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Ledger Wallets - an investment in the security of your coins

Ledger hardware wallets are the most common of their kind, with over 4 million units worldwide. With a Ledger Wallet, you protect your crypto assets on one of the most secure and well-known multi-currency hardware wallets currently available on the market.

How Ledger Wallets work

The phrase "Your coins, your keys" has become a household name. This means: Your cryptos are only truly safe when they are in your hands. Long-term depositing of Bitcoins, Ethers & Co. on a centralized exchange like Binance, Kraken etc. is not a good idea, because these can be hacked or the exchange can disappear from the net overnight. In both cases, your coins and tokens are irretrievably lost. This cannot happen to you if you keep the private keys of your crypto addresses in a safe place. There is no safer place for this than a hardware wallet like the Ledger S or the Ledger Nano X. You can easily store your private keys on these hardware wallets in the format of a USB stick. This ensures that only you, as the owner of a Ledger wallet, have access to your coins. By owning the Ledger, you have sole responsibility for your coins, so you should keep this digital safe in a secure place - after all, a wallet can contain a fortune. With the private key of your coin assets, only you have access to your tokens in the blockchain - no one else! Therefore, this data belongs on a Ledger Wallet.

Functions of Ledger Wallets

Ledger Wallets feature state-of-the-art encryption technologies in a compact space. Even the inexpensive Ledger S has a dual-chip design, which allows the integrity of the contained firmware to be secured by cryptographic attestation (the wallet is absolutely certainly what it claims to be to the blockchain). This makes your private keys in the Ledger absolutely secure from hacker attacks, especially since the Ledger wallet is not constantly connected to a potentially unprotected PC. The safest keys are offline keys!

Ledger Nano X, Ledger S, Ledger Flex and Ledger Stax - these are the differences

The Ledger Nano X is the all-rounder among hardware wallets. With it, you can securely store well over 1000 cryptocurrencies, yet the device with its display and only two buttons is extremely easy to use. In case of loss or defect of the device, your private keys can be easily restored via a 24-word backup phrase. The inexpensive variant is the Ledger Nano S, with which the most well-known coins (BTC, ETH etc.) find a secure home. All Ledger Wallets have in common that they can work with Linux, MacOS and Windows computers via USB.

Buying a Ledger is not a luxury, but an important investment in the security of your crypto assets!