Ledger Nano S Unboxing Experience
As a self-proclaimed minimalist, I seldom buy things. It’s therefore very unlikely there will ever be any physical product reviews on this blog.
However, I’m also a cryptocurrency fanatic.
As my cryptocurrency portfolio grows, I’ve been looking for more secure ways of storing them. And arguably, the most secure way of all is hardware wallets.
What are hardware wallets?
Before talking about hardware wallets, we first have to understand how cryptocurrency wallets work.
They are nothing more than a set of cryptographic keys. The private key and the public key.
The public key is what other people on the blockchain sees. That is also your wallet “address” that you’d give people when you want them to send you coins. What you have on your device is the private key that is unknown to anyone except yourself.
Whenever you want to make a transaction from your wallet, you’ll need both the private key and public key to sign it. Therefore, you are the only one who can make transactions from the wallet, thereby owning it.
A hardware wallet such as the Ledger Nano S is a device that stores your private key. It does not store your actual cryptocurrencies as those are on the blockchain.
Ledger Nano S Unboxing
I have been looking at the Nano S for a very long time. If purchasing from the official website (which I highly recommend for security reasons), it costs S$120.57 including shipping. I have been really procrastinating on that.
During the recent 11.11 sale on Lazada, I saw that it was on sale by Geekbite. It was selling for only S$53.41 with free shipping! I could not resist any further and decided to pull the trigger.
Before doing so, I made sure to check that Geekbite was a certified Ledger Singapore distributor. My friend over on Twitter, SideHustleRich also recommended checking the seal when the package arrives to ensure that the device has not been tampered with.
Fast forward 2 days and the package arrived. What a fast delivery service by Geekbite and Ninjavan, so a huge shoutout to them!
Here are some photos of the packaging and product so enjoy!
Upon opening the box, you’ll be greeted by the slick silvery device. How classy.
The device itself is no larger than an ordinary flash drive. Very portable and easy to carry around.
These are some of the accessories that comes with it. A micro-USB cable, lanyard, ring and lanyard strap.
There are also some cards for you to fill up the 24 seed phrases which can be used for account recovery.
This is just an early unboxing post of the Ledger Nano S device. I’ll be spending the next couple of days to weeks playing with it.
Once I’m ready, I’ll post a full review and my thoughts of it so stay tuned!
Meanwhile, if you already have some cryptocurrencies and are wondering where you can store them, you can check out my review of Celsius Network. You can earn up to 15% pa on your Stablecoins and 22% on your cryptocurrencies!
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