My First Cryptocurrency Hardware Wallet

I bought my first hardware wallet. I did not plan to get one until my older son mentioned that it would be good for me to get one to safeguard my investment.

It was really a learning process in having a hardware wallet Ledger Nano S especially for someone who had never used it before like me.

Good that we can easily get help online nowadays by simply going youtube and find a videoclip.

https://www.youtube.com/watch?v=GPpZxOjvU10 Video Source

After setting up my password as well as writing down my 24 recovery words, I had to learn how to get the cryptocurrency app into this wallet.

The good thing is now ledger has ledger live so it makes things a lot simpler.

I managed to install one cryptocurrency app and make a transfer into this hardware wallet as a little test.

It did work but the transfer was not really that fast when I compare with my usual transfer speed for chrome extension wallet.

I found out that the advantage of getting a hardware wallet is our crypto is kept offline so that no one can get our private key to access our crypto.

I guess it is still a really good thing to have since we are in the crypto world.

I was also given a gold-plated metal bitcoin keychain.

I guess in the crypto world, there are always new things to learn if we want to stay ahead.

I have also found out that we can stake our cryptocurrencies to earn reward using ledger too. It is like a wallet that we keep our money while having an interest.

Thanks for reading this short post!