a secure chip} system. Ledger Nano S Canada Review…. It gives investors manage over their private keys and is backed by the biggest name in the market.
Investors can save more than 1,100 cryptocurrencies and tokens on the S, with 23 cryptocurrencies supported directly by and the rest supported by set up third-party applications.
Pros Explained
A budget-friendly cold wallet: At $59, is more economical than numerous other hardware wallets, making it a good low-cost, extremely safe and secure option.
The private secrets never leave the device: Unlike hot wallets through cryptocurrency exchanges, Nano S users hold their private keys. They’re never eliminated from the device or available via the web.
It supports more than 1,100 coins and tokens: Investors can store lesser-known and popular coins and tokens on device.
Cons Explained Ledger Nano S Canada Review
Restricted storage space for crypto apps: Most cryptocurrencies require a crypto application, and the Nano S just holds up to 6 apps, depending on the size.
The display is little and isn’t a touchscreen: The gadget screen is less than an inch high, as the whole gadget is only 17.4 mm tall (0.685 inches). It features 2 physical buttons instead of a touchscreen.
Not as mobile-friendly as other wallets: isn’t equipped with Bluetooth, so it needs a USB cable to connect to a computer or Android gadget.
Supported Cryptocurrencies
supports about 107 cryptocurrencies and more than 1,000 tokens. Although users can’t store fiat currencies on the S, stablecoins are supported. Financiers use the hardware to store popular cryptocurrencies, such as:
Otherwise, shipping costs may be more than $19. Partners with numerous resellers, and you might find the gadget cheaper elsewhere.
On Amazon is $59 with totally free delivery, whereas it’s $46.99 at Walmart (as of January 2022). Shipping times vary depending on where you buy the device, however typically, you’ll get it in less than two weeks.
Inside package is device in addition to a micro USB-B cable television. Bundles may also include sheets to make a note of your 24-word recovery phrase and a neck strap. Uses a pack of 3 gadgets for savings of up to 21%.