Ledger Wallet Nano S promo code 2018

You are at the right place if you are looking for a promo code for Ledger Wallet Nano S. To save on the original price at the time of checkout, you can use a promotional code and get the best deals available for the Ledger Nano S. But what is Ledger Nano S? 

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What is Ledger Nano S?

Unlike online wallet or paper wallet, it is a secure medium that allows you to receive bitcoins even when you are offline in a secure environment. In other words, you do not have to connect this wallet to the system to receive the digital currency.

The cryptocurrency market is booming, yet, it is not without risk. In the recent past, there have been instances of theft where digital currencies worth millions of dollars were stolen by the hackers. However, technology is constantly evolving in order to cater to these issues and Ledger Wallet Nano S is one example of the continuous evolution in the world of cryptocurrencies. Instead of using a conventional bitcoin wallet and storing the coins on bitcoin exchanges, you can use this hardware wallet in an offline environment that is a much safer option for investors and traders.

How Does it Work?

Ledger Nano S is a hardware wallet that serves as a storing medium for crypto assets, such as Ethereum, Bitcoin, or any other altcoins. You can connect this USB to any computer system. It has a secure OLED display, which allows you to confirm or double check each transaction by tapping just once on the side buttons.

Your private key is always kept safe and never exposed; in fact, all the sensitive activities are secure inside this wallet that is locked by a pin code. Each transaction is physically verified on the embedded screen of the USB simply by clicking the button on it.

Features Offered by Ledger Wallet Nano S

Ledger Nano S is a multicurrency hardware wallet that allows you to deposit or withdraw various digital currencies. In addition to blockchain based digital currencies, it includes ethereum, litecoin, bitcoin, and ethereum classic companion apps. Ledger Nano S allows you

  • To manage multiple addresses for a currency from the same device
  • To check the accounts, and
  • To send and receive payments

It is a very useful device that simplifies the authentication process with high compatibility on GitHub, Dropbox, Dashlane, or Gmail. Ledger Nano S supports the FIDO Universal Second Factor authentication standards on these platforms.

Moreover, it enables easy restoration on any device of Ledger available to the user or on any compatible wallet. You can also get a backup of the user account on a recovery sheet.

Safety and Security for your cryptocurrencies

This secure wallet is based on a dual chip architecture. Ledger Nano S offers a guarantee by cryptographic attestation on its firmware integrity.

Despite using the encryption technology, a good hacker can always hack into a wallet, which can lead to financial disasters. The decentralized nature of cryptocurrencies adds more to the risk of theft. Therefore, to prevent any hacker attack, the buttons on the Ledger Nano S are very crucial to confirm a transaction. It adds another layer of security to your payments and doesn’t let any hacker to confirm a payment.

In addition to that, you are required to enter a four-digit pin code every time you plug it into your computer. Neither Ledger nor third party can access the private key. Only you have an access to it as it is hard locked in the Secure Element. It keeps your wallet decentralized and you become your own bank.

All in all, Ledger Nano S provides a high level of security and allow you to store various currencies at one place.

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