Frequently asked questions

Question 1

What is Ledger Nano S?

Accepted Answer

Ledger Nano S is a USB stick sized hardware wallet / cold wallet with a stainless steel cover, a small OLED screen, and two physical buttons. Ledger Nano S offers USB connectivity, wide blockchain support via Ledger apps, and offline key storage.

Question 2

Is Ledger Nano S safe & legit?

Accepted Answer

Ledger Nano S is non custodial and not fully open source. Ledger Nano S uses a CC EAL5+ certified secure element, a PIN code, an optional passphrase, and a 24 word recovery phrase. Ledger Nano S has no public device compromise on record, while Ledger experienced a 2020 customer data breach that exposed contact details and led to phishing risks.

Question 3

Who created Ledger Nano S?

Accepted Answer

Ledger Nano S was created by Ledger SAS a company founded by David Balland, Eric Larchevêque, Joel Pobeda, Nicolas Bacca, and Thomas France

Question 4

Where is Ledger Nano S's company based?

Accepted Answer

Ledger SAS the company behind Ledger Nano S is headquartered in Paris, France.

Question 5

How does Ledger Nano S work?

Accepted Answer

Ledger Nano S pairs with Ledger Live on desktop or mobile. Setup on Ledger Nano S creates a PIN and a 24 word recovery phrase. Ledger Nano S connects by USB to a computer or to Android with OTG. Transactions are prepared in Ledger Live then reviewed and approved on the device using two buttons and the OLED screen.

Question 6

When was Ledger Nano S launched?

Accepted Answer

Ledger Nano S was released June 20, 2016.

Ledger Nano S

Tags

Form

Storage

Platform

Software

Custody

Source

Security

Connectivity

Recovery

Features

Strengths

Weaknesses