supports more coins than its two competitors: trezor and KeepKey. If you want to know how to get some BCH as you owned BTC on your Ledger device before / during the fork, please consult this guide. If, for example, it asks for the 10th word of your seed, scroll through the words and press both buttons when you see the 10th word of your seed. Here is the Nano S compared to the other three popular hardware wallets: The real question is: Does the Ledger Nano Ss lower price tag come with any security tradeoffs? However: Since your phone is connected to the internet, its very possible that someone could hack into your phone to 1) steal your bitcoins or 2) snatch your recovery phrase. The Open Bitcoin Privacy Project ranked Ledgers wallets as the most private Bitcoin wallet in their 2016 report. If you didn't install yet, follow this guide. Ledger Nano S vs KeepKey The main difference is that the Ledger Nano S uses two secure elements/chips, while KeepKey is essentially a mini computer. The Ss screen helps with a few things: When you setup your Nano S, the wallet generates a recovery phrase.
Anyone who was holding, bitcoin before 1st August got a chance to enjoy free money in the form of BCH (.
Quick and simple steps to claim your free.
Bitcoin Cash on, ledger Nano.
Learn how I did it and you can get your share of the crypto coins now.
My ledger nano S gave me bitcoin cash address as given below: Is this a valid address format?
First, plug it into your computer to turn. All Ledger seeds are 24 words, so select 24 words : Mycelium will have you enter the words one at a time. Words will show up one at a time, just click the right button to see the next word. Buyer sends money to the device, but the thief has the backup code. Make sure you dont share your seed with anyone!