Re: Question regarding hardware wallet (Ledger Nano S)

Regarding my 2nd question, if I send all my BTC balance to the address in my Ledger Nano S with a new seed. Then my electrum would have 0 BTC in it. So I import my electrum seed to other BCG and BCD compatible wallet, then I would still see those fork coins right even I have 0 BTC on that electrum seed?

Yes. You probably have 3 balances in your Electrum wallet:

X Bitcoins
X Bitcoin Gold
X Bitcoin Cash

And I say "probably" because this is only true if you had Bitcoins before both forks.

- If you had 1 Bitcoin while the Bitcoin Gold fork, you now have 1 Bitcoin Gold;
- If you had 1 Bitcoin while the Bitcoin Cash fork, you now have 1 Bitcoin Cash.

When you send all your Bitcoin balance to a new wallet, the remaining coins will stay there. They are all different coins.

Thanks. This has cleared up my confusion

Last question, should I set up a Segwit or Legacy address? Or it doesn't matter?

Mate you can do some research and it take less than five minute to find your answer. To answer your question. I also received my nano Ledger a few days ago. Personally, I set up a Segwit address because it is very fast to receive your bitcoin and the fee are lower than those of Legacy. The Segwit address starts with number 3. And you can also send your bitcoin to Legacy or Segwit. If you do not like the Segwit address, you can switch to Legacy.