This month, March, Cryptocurrency Market Capitalization has reached $450,501,200,428 with a daily trading volume worth of $17,546,645,725 and it seems that there are high chances to recover its fame from December when market had a capitalization of $900 billions. This fact may attract the attention of many hackers interested in obtaining free Bitcoin or other cryptocurrencies.
First step and maybe the most important one when you decide to take your chances and invest in Bitcoin, Ethereum or any other cryptocurrency is to ensure that your investement is safe and secure.
Bitcoin is different from what you know and use every day. Before you start using Bitcoin or other cryptocurrency for any serious transaction, be sure to read what you need to know and take appropriate steps to secure your wallet. Always remember that it is your responsibility to choose your wallet carefully and adopt good practices in order to protect your money. There are different types of wallets for cryptocurrency : for desktop, for mobile, web wallet and hardware wallet. Our recommandation is to use a hardware wallet to store and trade Bitcoin because there is no risk to get attacked by hackers.
Ledger Nano S – The most recommended Bitcoin hardware wallet
Ledger Nano S is a Bitcoin, Ethereum and Altcoins hardware wallet, based on robust safety features for storing cryptocurrencies and securing online payments. It connects to any laptop (USB) and embeds a secure OLED display to double-check and confirm each transaction with a single tap on its side buttons.
Latest generation hardware
When you own cryptocurrencies, you need to protect your confidential data and the access to your funds. With Ledger Nano S wallet, secrets like private keys are never exposed: sensitive operations are isolated inside your hardware wallet within a state-of-the-art Secure Element, locked by a PIN code. Transactions can not get tampered with, they are physically verified on the embedded screen with a simple press of a button.
Pay and authentificate
Ledger Nano S includes Bitcoin, Litecoin, Ethereum, Dogecoin, Ripple and other blockchain-based cryptocurrencies. You can send and receive payments, check your accounts and manage multiple addresses for each currency from the same device. Nano S also supports the FIDO® Universal Second Factor standard that simplifies the authentication process on compatible online services such as GMail, Dashlane, Dropbox or GitHub.
Multi-currency – Ledger Nano S supports Bitcoin, Litecoin, Ethereum and altcoins: hold different assets in the same hardware wallet.
Built-in display – Check and confirm transactions on the display and confirm with using the physical buttons (anti-malware second factor).
Security – Your confidential data is never exposed: it is secured inside a strongly isolated environment locked by a PIN code.
Back-up and restoration – Your accounts are backed up on a recovery sheet. Easy restoration on any Ledger device or compatible wallets (BIP39/BIP44).