I liked it so much I got two.
These seem to be the go-to cold storage devices lately, and they are not easy to get quickly unless you want to pay a premium over what it costs to order them from the manufacturer. It took about 6 weeks to get it, but once it was shipped it arrived in only a week.
Even though I knew it would be a small device, it still looked dramatically small upon opening the box. See the quarter for size comparison.
One thing to note about buying these if you have questions about tampering by third parties, there is a card included with the question "Did you Notice?" at the top. It clearly explains that the Ledger Nano S is specifically designed to be tamper proof, so there is no need for tamper resistant packaging.
You need a cold storage hardware wallet to store your cryptocurrencies.
If you have Bitcoin or altcoins that exist wholly and only on exchanges or online wallets, you should at the very least be planning to move them eventually to where you own them without question. The beauty of these new currencies and technology tokens is that they are yours, they cannot legally be taken from you, and you decide what you want to use them for unlike fiat currencies regulated by the private banking system. These are also anarchist fundamental principles, promoting economic freedom that countries built on capitalism should adhere to even though under scrutiny they do not.
I have not started to use this device yet, but if I learn something worth sharing in the process I'll share the information here and only here on Steemit.
Do you use this hardware wallet or another one? What do you like or dislike about them in particular?
I'm currently waiting for mine, it should arrive this month! I have quite a few cryptocurrencies, it will be interesting to see how storing multiple assets works.
From what I understand, the most complicated part will be implementing your choice of wallet that you may already have on a desktop and transferring that to the Ledger Nano, which has a list of recommended wallets for supported currencies.
Ive been looking into these for the last couole weeks , thanks for posting . Definatly need a cold device for the cryptos .
I was just like you, pretty much decided on these but didn't order them until weeks later when I realized it would take over a month to get it.
There are naitive Ledger Nano S apps for BTC, XRP and some others in the google app store.
For ETH and ETC20 tokens I would recommend to use MyEtherWallet together with Ledger.
The tricky part is to get the browser support settings on Ledger to work together with the particular browser. For naitive Google apps (e.g. BTC), I use Chrome and for MEW ETC20 tokens Opera seems to work best. Never got it to work properly on Firefox.
The security on this device is insance, not only do the private keys never leave it (you can even use it on a compromised computer) - but there is are also tests of the firmware integrity everytime the device starts up and for each login through the naitive apps.
Would advice to only use the ledger when there is a need to transfer funds - to check balances, just use the blockchain explorer for whatever coin you have.
Thanks for all this great info, much needed :)