Today I finally had the time to setup my Ledger Nano S which I received after waiting a little over a month. See this post.
When it arrived I wrote this unboxing post for your viewing pleasure.
The Ledger Nano S currently supports the following cryptocurrencies:
- Ethereum Classic
Yesterday word got out that ARK will be supported soon as well.
I was very happy with that news because that’s 1 more crypto that I can manage with my Ledger Nano S. For now I will store Ethereum, Ripple, Stratis and ARK on it.
On with the setup proces!
After starting Chrome I went to start.ledgerwallet.com and I followed the instructions. I installed the Ledger App Manager and started it. It prompted me to connect the Nano S and it said welcome to me.
It then prompted me to press both buttons to begin.
After that it told me to choose a PIN code.
After pressing both buttons you can enter a PIN code of 4 to 8 digits. After having done so I pressed both buttons again and it then prompted me to confirm the PIN code.
Next step is writing down your recovery phrase. The Nano S showed me 24 words one by one. Make sure you make no errors when writing them down.
Last step is confirming the recovery phrase. You won’t have to enter all the words but it will ask you to confirm a few.
After this is done the setup process is sort of complete. I went back to the Ledger App Manager and from there I installed the apps that I needed: Ethereum, Ripple and Stratis.
This is how the Nano S menu looks.
From the Ledger website I installed the actual wallets for these cryptos. As you can see I installed the Bitcoin wallet because Stratis actually works on the Bitcoin wallet because they are both tracked on the same blockchain. Ethereum and Ripple do have their own wallets.
The rest works just as you would expect. Open the wallet that you wish to work with, connect the Nano S to your computer, unlock it by entering the PIN code and the wallet will open.
Want to start mining? Easy does it with Minergate.
Want to convert cryptocurrency? Easy does it with Changelly.
Want to buy cryptocurrency? Litebit is an excellent broker.
Or use an exchange like Binance.
The safest way to store your crypto is on a Ledger wallet.
By clicking on these links you will help me (affiliate links inside).