Post
Topic
Board Wallet software
Re: Best way to use Ledger Nano S
by
Bitfort
on 23/11/2017, 13:36:58 UTC
Buddy, thanks for the answer.

Then I will use MEW I think because this extents the usability because of much more tokens supported.

What if somebody steals my PC with the wallets on it as well as my Ledger? Can I still access my funds?

Yep. MEW + Ledger is ultimate combo.

When he steals your device you just need to use your seed to restore your wallet ( incl. funds).


Quote
And what if somebody gets his hands on the recovery phrase?

Then he has full controll of the wallet. (he does not need to know the PIN ).
i'm sorry for ask about this, in case i'm newbie.
is ledger nano a wallet? why also you talk about price, should i buy it, and how much the price to be able use nano ledger.?

Yes. It is HW (hardware wallet) ... for price check: https://www.ledgerwallet.com  (once you have it usage is free)
I don't think it's necessary for ordinary users to have it. But it's great security for your funds so it's up to you. If you have lot of BTC (or other coins) I highly advise you to purchase some.

Alternatives are Trezor or keepkey.  
thanks for the answer, what are trezor and keepkey then?
if i want to buy nano ledger, should i have euro or maybe it accept cryptocurrency to use to pay for ledger nano itself.?

Those are also HW wallets. Do some googling and check youtube how to use them.
I bought ledger using EUR, but I'm pretty sure all of them accept bitcoin (would be weird if not).