What are Ledger Wallet and its types?

Are you aware of Hardware Wallets? Hardware Wallet is a type of bitcoin wallet which stores Bitcoin currency in a hardware device providing additional security to such currency. These days’ people have started buying bitcoins due to its increasing price and uses.

According to increase in the market of bitcoins, there has been an increase in crime related to the hacking of hot wallets and theft of bitcoins. So, if you own Bitcoin currency, you must prefer Ledger Wallet as it is the safest way of storing, receiving and to spend bitcoins.

Types of Ledger Wallets

Ledger Blue

Ledger blue is the most expensive type of ledger wallet. Ledger blue is a tablet like electronic device with a touch screen providing benefit of easy to use. One of its features is that unlike other wallets it supports Bluetooth connectivity.  The price of ledger blue is $256 USD being Ledger wallets elite product.

Ledger Nano S

Ledger Nano S is a more likely a USB drive if we talk about looks. Ledger Nano S is considered to be cheapest hardware wallet with a small screen. One of the benefits of this wallet is that it is easy to setup this kind of wallet and it includes security benefit of two buttons which are to be pressed at the same time for any transaction.

Other types of ledger wallet are Ledger Nano and Ledger HW.1. These are also hardware wallets. So if you are looking for providing higher level security to your bitcoins you must prefer ledger Wallets.

Leave a Reply

Your email address will not be published. Required fields are marked *