Ledger Nano S Wallet - Ledger: Hardware Wallet & Cold Wallet
An introduction to the Ledger Nano S wallet for Newbies
Using a hardware wallet is a little more difficult than a software wallet. The interface of the software wallets is built differently and it also guides the users who are new about the features of it. But on the other hand, no such thing happens for a new hardware wallet user. The hardware device just has a small screen with two buttons placed on it. How can a new user know about the process of getting started with the wallet?
So, to help our beginners we are presenting this article about the ledger Nano S wallet including the setup, login, some common issues, and the solutions of it. If you are not a Ledger Wallet user yet and are looking for the link to purchase one then you can use this link https://shop.ledger.com/products/ledger-nano-s-plus and it will redirect you to the direct purchasing page of the wallet.
The developers of the ledger hardware wallet have launched a browser extension for the users to provide more accessibility to the users of their accounts. However, it is still a new feature and has not been available on every platform. The wallet extension is supported on the Safari Extension on iOS 16+ and MacOS 12+ along with the Safari 16+. As per the recent announcements the developers are planning to launch the Chrome Extension soon. So, for now, let us learn the downloading process of Ledger Extension if you have any of the devices stated above:
Use this link https://www.ledger.com/ledger-extension.
Press the ‘Download for Safari’ button.
Select the device you are using.
Install the extension and pair your Ledger Wallet with it.
You can now begin the trading of NFTs or the crypto assets dealing.
Set up Ledger Wallet on PC
Before moving forward with the setting up process of your Ledger Nano S Wallet there are some basics that you should know before operating the ledger device. Both the buttons on the side of the wallet device are used for navigating to the left and right. And if both the buttons are pressed together that will result in confirming something presented on the screen.
Now, let us start with the setup process:
Use the USB Cable given with the wallet and then connect your computer or PC to the hardware device.
Now you have to set up your PIN that would be needed every time for the login purpose.
The device will now generate a Mnemonic phrase (backup phrase) for the new wallet.
You have to write down your recovery phrase in the same sequence as shown on the small display screen of the wallet. You can also use the card you have gotten with the box of the Ledger wallet.
After you have stored the seed phrase you will have to confirm though providing the confirmation might feel a little tedious to you. But it is important to verify that the seed phrase stored by you is correct.
Once the confirmation is done, you can start using the Ledger Nano S wallet.
Connecting Ledger to the Mobile
You can manage your transactions and account just with your mobile after performing the connecting steps of mobile with the ledger wallet sequentially:
Install the Ledger Live Application on the mobile phone. You can install the application using this link https://www.ledger.com/start
Via using the OTG cable you will have to connect the ledger with the mobile.
Now, unlock the ledger device.
And that’s all, your Ledger Nano S Wallet has been connected successfully to your mobile device.
Account Login
The next topic in the article is the login procedure. You should know about this procedure since it is required every time you want to access your account. The steps are:
Connect both the devices with the USB cable.
Turn on the hardware wallet.
Then enter the passcode to the hardware wallet by using the buttons.
Your Ledger Nano S wallet is now logged in and you can begin the crypto trading.
Common Wallet issues
Sometimes the wallet incurs a few issues that place a hindrance in the trading of the users. However, the issues are not and are just a common error that every wallet faces once in a while. Some of those issues are listed below:
The device is not getting connected.
The price of the token shown on the screen is not correct.
Issues related to the management of ERC-20 Tokens.
Problem in account synchronization.
These are examples of a few problems might have incurred with your or could have in the future. There are some other issues as well but that does not mean that the Ledger Nano S wallet isn’t worth using. Because nothing can be perfect. So, similarly, all the wallets have a few issues here and there.
How to solve the wallet issues?
In this segment of the content, we will try to provide common troubleshooting steps that might help you out if you are facing any of the above issues.
If the device is not getting connected, then try to replace the USB Cable you are using or use any other USB port.
There are several reasons you are viewing a different price of the coins and you can get to know about it by visiting the blog page of Ledger Nano S Wallet using https://www.ledger.com/ledger-live link.
Some of the tokens are not supported by this wallet and it could be a reason you are having trouble in managing the ERC-20 tokens. However, you can use third-party applications to get access to the currencies not supported by it.
The synchronization error occurs maybe because your Ledger live application is not updated, so, update it first.
If none of the methods works, the only option left for you would be customer support.
Concluding Views!
Through this article, we tried to provide you with a bit of everything that might be useful for the users. The users who are still deciding whether they want to use this wallet should try the hardware Ledger Nano S wallet as it will keep the funds secure. If you are not convinced, then visit the official website of the wallet and review the features explained in detail.
We hope that the users who have already purchased the wallet were able to set up the wallet through our guidance. But if there is any problem then the helpdesk of the wallet is always available to take you out of the trouble.