It is a very affordable hardware wallet ($59), giving a very high-value proposition.
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You must remember the PIN code because you will need to remember it each time you connect your Nano S. When you choose the option to create a new wallet, you will need to confirm the PIN code. To activate the Nano S, you need to connect it to the computer via the USB cable. Recovery sheet for writing down the seed keyword.Lanyard for wearing the device around the neck.Ledger Nano S comes in a neat little package which contains the following: It is roughly the size of a small flash drive, measuring 39 x 13 x 4mm (1.53 x 0.51 x 0.16in) and weighing in at just 5.9g. In terms of hardware, the Ledger Wallet Nano is a compact USB device based on a smart card. If you are not that well-versed in coding and technical details, the hardware wallet is a great way to store the majority of your cryptos. The cryptocurrencies stores in the wallet are stored offline, so they can’t be hacked. At the heart of Ledger’s innovation lies a distinct operating system called BOLOS, which they integrate to a secure chip for their wallets. A hardware wallet is a type of cryptocurrency wallet where you can store your private keys in a secure physical device. Ledger Nano S is a widely-used hardware wallet developed by the French company Ledger. 9 of the Best Ethereum Wallets #1 Ledger Nano S