Ledger: Hardware Wallet For Android and iOS

3.00 out of 5
(1 bitcoiner review)

83,00 

Ledger offers hardware wallets which store bitcoin offline in physical USB-like devices. Ledger is a hardware wallet that provides high-level security to manage bitcoin private keys. The robust hardware wallets designed by Ledger are easy and safe for storing bitcoin.

Description

Ledger offers hardware wallets which store bitcoin offline in physical USB-like devices. Ledger is a hardware wallet that provides high-level security to manage bitcoin private keys. In addition, it supports the Lightning Network.

Unlike hot wallets, Ledger allow users to see coins without internet or a computer. Ledger users can access built-in bitcoin exchanges to buy, sell, or exchange coins when using their hardware wallets. Ledger also allows users to buy bitcoin directly.

The Ledger hardware wallet functions like a little computer and validates all transactions within it, making it possible to verify amounts, recipient, and other details anytime

Pros and Cons of Ledger Wallet

Pros

  • Mobile app for Android and iOS
  • Bluetooth connection
  • Compatible with third-party applications such as MetaMask, EtherWallet and MyCrypto
  • Tough steel case
  • 8-hour battery life in standby mode
  • Ledger is not expensive compared to other hardware wallets

Cons of Ledger Wallet

  • Not air-gapped
  • Small screen and no touchscreen
  • Proprietary (not open source)
  • There was a data breach in July 2020. No funds were stolen
https://youtu.be/NW9j_oFo9T0

Additional information

Bitcoin Only

Source Code

,

Wallet Type

Lightning Network

Multisig

2FA

SegWit

Replace by fee (RBF)

Mobile App

Yes

Dekstop App

Yes

Operating System (OS)

, , , ,

Built-in Exchange

Yes

Duress Wallet

Yes

Battery

Yes

Bluetooth

Yes

Color Display/Touchscreen

Yes: Ledger Stax, No: Ledger Nano X and Ledger Nano S Plus

USB-C Connector

Yes

Air-gapped

Tor Support

No

microSD card

No

QR Code

No

NFC

No

Physical Keypad

No

Year Launched

2014

Made in

France

1 review for Ledger: Hardware Wallet For Android and iOS

  1. 3 out of 5

    Ariel

    While Ledger is a popular hardware wallet, it’s worth noting that it also supports many other cryptocurrencies which may not be ideal for Bitcoin maxis or purists. Additionally, there have been some concerns about privacy breaches in the past, with email addresses being leaked. It’s also important to note that the software isn’t open-source. While Ledger may work well for some users, those who prioritize Bitcoin-only and open-source solutions may want to explore alternative wallets.

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