How To Use Ledger Nano S: Everything You Need to Know

So you’ve decided to take the plunge and invest in a Ledger Nano S to keep your crypto safe. Firstly, well done for taking your crypto security seriously. Now, let’s get your shiny new device setup. We’ll show you how to use your Ledger Nano S in this article and give you a few top tips along the way.

For those of you sitting on the fence and trying to decide if buying a Ledger is worth it, you should know that the device supports over 700 coins and that’s more than any other hardware wallet. Furthermore, the team is constantly adding support for more coins. So if your favorite crypto is not currently supported, there is a decent chance it will be added in the future.

Top Tip: There are sellers on the likes of Amazon who are tampering with hardware wallets to steal your crypto. We recommend that you protect yourself and only get your devices from the official Ledger store.

The Ledger Nano S Setup

Once your shiny new device has arrived, the first setup is making sure the box is sealed. If there looks like there has been any tampering then we advise you return it straight away.

When unboxing your new device, make sure that everything is there. Contents should include:

  • Ledger Nano S.
  • A blank recovery sheet.
  • Manual.
  • USB connection cable.
  • Accessories like lanyard and keyring to make it easier to carry your crypto around.

Top Tip: If your 24-word recovery phrase card has the words written on them already, do not use your device. It’s almost certainly been tampered with and someone is just waiting for you to load it with all your crypto and then steal it.

Getting Started: How To Set Up Ledger Nano S?

We all remember how tricky it used to be to set up a hardware wallet for the first time. The good news is that Ledger has made is relatively simple to do. However, do put aside at least 30 minutes to get everything set up properly.

  1. First, open up your hardware wallet and insert the small end of the USB cable into it.
  2. Then plug the USB into your computer. You’ll then see a welcome screen flash up and be told to press the top two buttons of your device to begin.
  3. Next, you want to configure your new device, so click the button above the tick on your screen.
  4. You will then be prompted to create a ‘new PIN code’; hold down both buttons on your device to be taken to the PIN code screen.
  5. Then input the 8 digit code you want and press the two device buttons down to select each number. Remember, you will have to use this code whenever you want to unlock your device.
  6. For the last part of this step, you will be asked to re-enter your pin code.
  7. In the next step, you will want to pull out your ‘Recovery Sheet’ and click both buttons on your Ledger at the same time to say you’re ready to write down your recovery phrase.
  8. All 24 of your recovery words will be displayed one by one, write these down on your sheet of card.
  9. Once done, click both buttons on your device and you will then be asked to confirm your recovery phrase.

Congratulations, you have done it. Your new device is now ready to use.

Top Tip: Make sure you keep your recovery phrase safe. It literally allows anyone in possession to access your funds.

How To Install Ledger Nano Apps?

Now that you have set up your recovery phrase, your hardware wallet will say that ‘your device is now ready’. The good news is that the hardest part of setting up your Ledger has been done. The bad news is that there is still another hoop to jump through: You will need to install some apps to use your device properly.

Head over to Ledger Live on the official website and download the app onto your computer.

Key Info:

  • Supports Mac OS, Windows & Linux.
  • Download apps to enable you to store your crypto on your device.
  • The official gateway into the Ledger App ecosystem.

Download Ledger Live & Store Your Crypto Securely.

Once downloaded, install the app on your computer. On Mac OS, you just need to move the Ledger Live icon over to your applications folder.

Then open up the app and select ‘Initialize a new device’.

How to get started Ledger Live

Select Ledger Nano S and hit ‘continue’.

How to select your device on Ledger Live

You will then be taken through a series of instructions to ensure that you have set up everything correctly, including steps like ensuring you have set up a pin and recorded your recovery phrase. On the ‘Security Checklist’ section, you can also verify that your Ledger Nano is indeed genuine.

How to test if your Ledger nano S is genuine

Once you have set your Ledger Live password, you will then be ready to install some apps on your device.

How To Use Ledger Live Manager?

Once you open up the app, you will see an option to ‘Open Manager’. Hit that button.

You will then be taken to the official app catalog. Scroll down and find the cryptos you want to store and install the app for each one.

How to install apps on Ledger Nano S

Once the app has been installed, you will see a confirmation on your computer screen.

You will also see icons for the installed apps on your device as well. To open the Bitcoin Wallet, search ‘Ledger Wallet Bitcoin’ in ‘All My Files’ and open the app. Next, you will be asked if you want to select Bitcoin or Bitcoin Cash.

Selecting Bitcoin or Bitcoin cash on Ledger wallet Bitcoin

If you select Bitcoin, you’ll be asked what sort of address you want. We recommend you choose the newer Segwit address type.

Selecting wallet address type on Ledger wallet bitcoin

Your Bitcoin wallet will then be set up and you are ready to send or receive transactions using your device.

How to send and recieve Bitcoin using Ledger Wallet Bitcoin

How To Setup Store The Most Popular Coins On Ledger?

We know most people are getting their hardware wallet to store cryptocurrencies other than Bitcoin. We’ll quickly run you through the basics of storing some of the most common altcoins on the device.

How To Do It: Ledger Nano S Ripple

So, how do you store XRP on your brand new device? First, open up Ledger Live on your computer and head to the ‘manager’ section. After entering your PIN on your device, you will see the list of apps available for the device. Find XRP and hit the install button.

This will install the Ripple app on your device. The next step is to install the Ledger Wallet Ripple on your computer. This allows you to set up and manage your Ripple wallet on your computer.

Key Info:

  • Supports Mac OS, Windows & Linux.
  • The official XRP Ledger App.
  • Create and manage your Ripple wallet on your computer with Ledger.

Get The App Now!

Once downloaded, open up the Ripple app and go through the installation process. Once successful, search ‘Ledger Wallet Ripple’ and click on the XRP icon.

Next enter the Ripple app on your device by navigating to the XRP icon and pressing both device buttons down at the same time.

Your XRP wallet will then open and you are ready to send and receive Ripple to your device.

How To Do It: Ledger Nano S Litecoin

There’s no doubt that many Litecoin fans will want to store their coins securely. If that’s you, just head over to the Ledger Live manager and install the app on your device.

How to install Litecoin app on ledger Nano S

The next thing you need to do is to install the Ledger Bitcoin Wallet app. No, that’s not a typo.

Litecoin clear logo

Key Info:

  • Supports Mac OS, Windows & Linux.
  • The official Bitcoin Ledger App also supports Litecoin too.
  • Send, receive and store LTC using your device.

Get The app & Store Your Litecoin Safely.

Once the app is installed, search ‘Ledger Wallet Bitcoin’ on your computer and click on the app.

You’ll see that your device is not yet connected to the app.

Pick up your ledger and select the Litecoin app on your device. The Bitcoin app will then verify your device and open your Litecoin wallet on your computer.

Once open, you’ll be ready to send and receive Litecoin with your device.

How To Do It: Neo Ledger Nano S

A common question we hear is: How do I store Neo on a Ledger Nano S? To do this, hop into the Ledger Live app on your computer, select manager and find Neo in the list of apps. Then click the install button. This installs the Neo app on your device.

How to install Neo Ledger nano s app

The next step is to download the Neon wallet. This is the most popular way to store NEO and has Ledger integration too. When this wallet is set up, your device will store your private keys and keep them securely offline.

Key Info:

  • Supports Mac OS, Windows & Linux.
  • Send, receive and manage your NEO wallet securely.
  • The most popular way to store NEO.

Combine The Most popular Neo Wallet With A Hardware Device.

Once you have downloaded the Neon wallet, move the Neon icon to your applications folder to install.

How to install Neo Neon wallet on MacSearch for Neon in your finder and click on the Neon icon.

How to open Neon wallet on Mac OS

You may get a message saying “Neon 2” can’t be opened because it is from an unidentified developer.” Head over ‘system preferences’, click ‘security & privacy’ and click ‘open anyway’. The reason why this happens is that the Neon wallet is not yet officially listed on the Apple store.

Open Neon wallet on Mac

Once the Neon wallet opens up, click the Ledger button and make sure you have opened up the Neo app on your hardware wallet. Once your device is connected, you’ll then be able to login.

Login to Neon wallet with Ledger nano S

Your Neo wallet will then open and you’re ready to send and receive NEO using your device.

Neon wallet home screen

Final Word

To us, the Ledger Nano S is the best hardware wallet on the market right now. It’s not only cheaper than it’s main rival Trezor, but it also supports more cryptos.

The team at Ledger is also constantly adding support for more crypto assets and we love this dedication to providing hardware wallet support for as many coins as possible. The TotalCrypto team cannot praise this device enough and we use it ourselves to store our own cryptocurrency.

For some people, the initial cost of a hardware wallet is too much to stomach. It all depends on where you think the crypto market could go in the future and how seriously you take security. To us, it’s not worth the risk of storing coins in anything but a hardware wallet. We like to treat our crypto as if it’s worth the millions of dollars that it could well be worth one day. If you are thinking the same way, then we don’t think you can go wrong with this hardware wallet device.

Further Reading At
1) Still Not Sure On The Best Way To Keep Your Crypto Safe? We Weigh Up the Competition In Our Ledger Vs Trezor Comparision Article.

2) Storing Your Crypto In The Best Way is One Thing, Ensuring You Don’t Fall For A Scam Is Another. Learn About What Went Down In The $2.6Bn Bitconnect Ponzi Scheme.

3) There Is More To Crypto Than Just Hodling. Learn About The Opportunities In Crypto Trading.

DISCLAIMER: Be aware that the activity of cryptoassets mentioned in this article is unregulated. This article must not be construed as investment advice. Always do your own research.

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