Ledger Nano S is one of the best hardware wallets available out there. With no time, it’s become the first choice of cryptocurrency investors. Since Cryptocurrencies have gathered media attention, their demand is skyrocketing. Majority of people are seeing it as a quick way to get rich. Yes, many have become millionaires by doing so but now it could be difficult, however, some smart investors still can earn significant profit. To earn real money, one has to hold his/her coins for long time. It’s obvious that an exchange is not a good option for long term holding. Paper wallets are a good way to store Bitcoins or altcoins but the sweeping charges make it less likable (I paid $26 or Rs. 1700 to sweep a private key that had Bitcoin worth $150 or Rs. 10000 only. Do you think charges were reasonable?). So we left with only one option and that is hardware wallet. A hardware wallet lets you store Bitcoins and other altcoins and you can directly spend your coins from that wallet. A Bitcoin hardware wallet costs you money but it safes your coins with highest level of security. I think you already aware of best hardware wallets and now you’ve chosen Ledger Nano S. In this post, I’ll be showing you a list of Ledger Nano S supported coins or cryptocurrencies.
Before buying a hardware wallet, you should know that which cryptocurrencies are supported by your hardware wallet. Probably, you’re buying a hardware wallet to store Bitcoins but always buy a hardware wallet that supports altcoins. Because when you start knowing more about these virtual currencies you start investing in others too. So in case you buy other coins you can transfer them to your hardware wallet; if your hardware supports altcoins.
I did a research before buying Ledger Nano S and found that it’s one of the best hardware wallets that support altcoins like Litecoin, Ripple, Ehtereum, Bitcoin Cash and the like. Now it’s competing with Trezor, first hardware wallet and still maintaining the first position. Its security is almost equal to the Trezor and its price tag is luring the customers. Ledger Nano S supports many prominent cryptocurrencies like Zcash, Bitcoin, Bitcoin Cash, Bitcoin Gold, Ehtereum, Ethereum Classic, Litecoin, and Ripple etc. And its team actively works to add more coins. But at a time, you can use only 4 wallets. To install a new wallet on it, you’ll need to uninstall an existing wallet.
Ledger Nano S and Ledger Blue are designed in a such way that anyone even non-techie can use them readily. You can read Ledger Nano S review post to know about it more or you can read how to buy Ledger Nano S from official website of Ledger wallet. Below is a list of Ledger Nano S supported coins or cryptocurrencies.
List of Ledger Nano S Supported Coins or Cryptocurrencies
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Bitcoin Gold (BTG)
- Ethereum (ETH)
- Ethereum Classic (ETC)
- Litecoin (LTC)
- Dogecoin (DOGE)
- Zcash (ZEC)
- Ripple (XRP)
- Dash (DASH)
- Stratis (STRAT)
- Komodo (KMD)
- Ark (ARK)
- Expanse (EXP)
- Ubiq (UBQ)
- Vertcoin (VTC)
- Viacoin (VIA)
- Neo (NEO)
- Stealthcoinc (XST
- Stellar (XLM)
- Hcash (HSR)
- Digibyte (DGB)
- Qtum (QTUM)
- PivX (PIVX)
Ledger Nano S has also started supporting Ethereum tokens like ERC 20 Tokens.
No doubt, as of now, Ledger Nano S is one of the best options to store cryptocurrencies safely. Currently, it’s supporting above list of cryptocurrencies but in the future it’ll be adding more virtual currencies. The Ledger Nano S is on pre-order on official website of Ledger Wallet for €79 ($95) globally excluding delivery charges. You can pre-order Ledger Nano S (next batch is scheduled to March 20).
I’ve paid €59+€60(international delivery charges)+€34 (Customs charges) to order it from India. If you see delivery charges then you’ll realize that delivery charges are more than the actual product cost. However, I still saved around 800 INR because this product is also available on Amazon at the cost of 13000 INR or $206. Instead of ordering it from Amazon, I’ve purchased it from Ledger Wallet website and this way I’ve saved around 900 INR or $15.
Benefits of ordering Ledger Nano S from Ledger Wallet website:
- You’ll receive a 100% genuine product (I’m not saying that Amazon sells fake products but purchasing a product from its official website gives you extra assurance that you’ve a genuine product).
- You can save few bucks by directly ordering Ledger Nano S from its official website. Here is a link to buy Ledger Nano S.
We’ll keep updating above list of Ledger Nano S supported coins or cryptocurrencies. You can come back to this page to see updated list.