How To Protect Your Bitcoins and Altcoins

How To Protect Your Bitcoins and Altcoins. Hardware wallets are probably the most robust form of security you can have for your Bitcoins or any other cryptocurrency. They allow you to send and receive Bitcoins on any computer, even one that is compromised with malware, with the knowledge that your transaction will still go through as intended.

Ledger Nano S is a Bitcoin, Ethereum and Altcoins hardware wallet, based on robust safety features for storing cryptographic assets and securing digital payments. It connects to any computer (USB) and embeds a secure OLED display to double-check and confirm each transaction with a single tap on its side buttons.

How To Protect Your Bitcoins and Altcoins

Latest Generation Hardware

When you own cryptocurrencies, you need to protect your confidential data and the access to your funds. With Ledger Nano S, secrets like private keys are never exposed: sensitive operations are isolated inside your hardware wallet within a state-of-the-art Secure Element, locked by a PIN code. Transactions can’t get tampered with, they are physically verified on the embedded screen with a simple press on a button.

Pay and Authenticate

Ledger Nano S includes Bitcoin, Litecoin, Ethereum and Ethereum Classic companion apps, and other blockchain-based cryptocurrencies. You can send and receive payments, check your accounts and manage multiple addresses for each currency from the same device. Nano S also supports the FIDO® Universal Second Factor standard that simplifies the authentication process on compatible online services such as GMail, Dashlane, Dropbox or GitHub.

Companion Apps

Bitcoin, Ethereum, Litecoin, Ripple, Dash, Stratis, Zcash, FIDO U2F, Dogecoin.

Integrations

Ledger Nano S operates with its own cryptocurrencies wallet interfaces: Ledger Apps (free Google Chrome applications). You can also use other compatible software wallets from the following list.

Electrum, MyEtherWallet, Copay, BitGo, GreenBits, Mucelium,

Ledger Wallet Bitcoin, Ledger Wallet Ethereum, Ledger Wallet Ripple.

Conclusion

Ledger was founded in 2015 in France. The company has since gained substantial traction in the Bitcoin and cryptocurrency sphere and has grown to be a worthy competitor to SatoshiLabs.

Paris and San Francisco offices

Ledger SAS, 35 rue du Caire, 75002 Paris – France

Ledger Technologies Inc., 121 2nd street – Suite 5, 94105 San Francisco – United States

The way the hardware wallets achieve maximum security is by storing your private key and signing your Bitcoin transactions offline so someone trying to “hack” your wallet remotely won’t be able to do so. Most hardware wallets also use a second screen / device to verify actions on your wallet such as signing transaction. This way, if a hacker gain control over your computer, he still can’t do any harm since he requires access to the physical device connected to your computer as well. Ledger solves this major security issue and protect your Bitcoins and Altcoins.

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