About Ledger Wallet
Ledger Wallet fast paced, growing company developing security and infrastructure solutions for cryptocurrencies as well as blockchain applications for individuals and companies, by leveraging a distinctive, proprietary technology. They designed two wallets: the light Ledger Nano S and the touchscreen Ledger Blue, which can both support directly 23 cryptocurrencies, and dozens more via third party applications.
Ledger.com offer fully customizable infrastructure solutions safeguarding crypto assets for Banks, Hedge Funds and High Net Worth individuals. We also work together with big players in various industries on blockchain use cases. They are a unique digital security ecosystem that provides protection and is built on verifiable trust across our people, hardware and software. And in today’s world, we know that trust deserves proof. This is why they provide transparency into how our technology works.
Ledger was launched in 2014 by eight experts with complementary backgrounds in embedded security, cryptocurrencies and entrepreneurship, united around the idea of creating secure solutions for blockchain applications. We now have over 130 employees in Paris, Vierzon and San Francisco.
Ledger Wallet developed a distinctive operating system (OS) called BOLOS, which we integrate either to a secure chip for the Ledger wallet line, or to a Hardware Security Module (HSM) for various enterprise solutions. So far, Ledger has been the only player in the market to provide this technology.
Ledger Wallet aim at securing the new disruptive class of crypto assets: Financial assets like cryptocurrencies or Initial Coin Offerings (ICOs), Data assets like sensors, Internet of Things (IoT) devices or machine to machine, and Digital identities like second factor authentication or passwordless login.
When you own crypto, what you really own is a private key – you need to secure it. Ledger offers the best level of protection: your key remains protected in a certified secure chip.
Manage your crypto
Be in charge of your crypto with Ledger Live. Buy and Securely Manage 27 coins & more than 1500 tokens from your smartphone or computer with Ledger Live.
Securely manage your crypto on-the-go. Connect your Ledger Nano X to your smartphone with Ledger Live and start managing your assets everywhere.
Install up to 100 crypto applications at the same time on your Ledger Nano X. More than 1500 coins and tokens supported, including Bitcoin, Ethereum, XRP, Litecoin…
Your keys, your rules, your workflows, your business. Add new users, onboard new clients and counterparties, all in a matter of minutes. Add a whitelisted address, enhance an approval workflow for a given wallet. Revoke and edit permissions in the event of employee departure without creating a new wallet.
With the Vault, you can approve the governance and broadcast multiple transactions within minutes. All operations are made within a secured environment, without any point of failure.
Ledger never holds your keys or manages any of your points of control. A backup recovery mechanism ensures you can independently recover your funds at any time without needing to use the platform.
Ledger has obtained a pooled customized crime insurance program insuring crypto-assets for up to $150 million for the Vault Platform led by the prestigious Arch UK Lloyds of London syndicate.
Ledger Vault is the ultimate solution to secure your digital assets, without compromising your investment business agility, compliance, and enabling you to build the best service for your customers. What first started as an idea of building a secure element chip to safeguard digital assets for crypto enthusiasts has quickly evolved into the creation of a cutting edge security technology company serving individuals, institutional investors and enterprises. This goes beyond just crypto and bitcoin. From connected pacemakers to water supply systems to electric grids, there will be countless critical digital assets in the future that need security. If they’re not safe, they can be stolen or compromised, eventually hurting your wallet or even your life.
How To Secure Your Ledger Wallet?
There Are A Number Of Ways To Keep The “Bad Guys” Away From Ledger Wallet . And Although Cryptocurrency, As A Technology, Has Increased Anonymity And Encryption, The Devices On Which These Funds Are Stored (Phone, Pc, Tablet) Are Much More Susceptible To Hacking. Below Are A Number Of Simple Tips That Can Improve The Security Of Your “Crypto Wallet”.
Step 1 : Store Your Token Pocket Wallet Private Keys Offline: Print Them Out On Paper
The “Hunt” For Your Data Does Not Stop For A Minute, Regardless Of What Gadget You Use, Or What Network You Are Connected To. A Good Idea To Solve Some Of The Problems Associated With The Possibility Of Theft Of Personal Data Is Printed On Paper Keys For The Wallet — A Variant Of Replacing The Software “Assistant”. In This Case, You Will Only Need Paper And A Printer — No Additional Devices Or Gadgets. The Output Will Be A Kind Of Offline Wallet, Represented By A Pair Of Printed Keys. Some Enthusiasts Refer To This Approach As “Cold Wallets”, Because In The End, The Storage Process Takes Place Offline.Paper Wallets Are In Regular Demand, And You Can Test Their Functionality Yourself:
The Main Difference: The Creation Of Unique Addresses And Keys Through The Use Of Client-side Js Scripts. In Other Words, Keys Are Created Immediately On Your Pc, Without Requiring Data Transfer Over The Internet. And To Make This Process More Fun, The Developers Suggest That You Move The Mouse And Fill In Text Fields, Thus Obtaining Unique Data For Generating The Necessary Tools.
Step 2 : Setup Second Step Verification
Two-factor Authentication Requires The User To Enter An Additional Code From Another Source – Such As A Text Message Or Email. However, The Most Common Method Is Through The Google Authenticator App. Just Install It On Your Phone And It Will Generate A New 6-digit Access Code To Log In To Your Wallet Or Make Transfers.
We Recommend Using Only Those Web Wallets That Do Not Support Two-factor Verification. In Particular, The Cryptonator Wallet Offers To Activate 2fa Already At The Registration Stage.
Step 3 : Create A Strong Password For Your Ledger Wallet
If You Decide To Use A Web Wallet, Which Is Recommended Only For Small Transactions, Always Make Sure That Your Password Is Secure. Never Enter Your Date Of Birth Or Credit Card Pin As Your Password. Use Alphanumeric Combinations, Combine Cases, Use Underscores, And So On. But It’s Best To Use An Strong Online Password Maker Website.
Step 4 : Learn To Recognize Phishing Sites
Phishing Sites And Apps Mimic The Design Of Popular Crypto Wallets In The Smallest Detail — Only The Page Address Is Slightly Different. Before Entering Your Private Key Or Secret Phrase In Your Wallet, Make Sure That The Page Address Is Correct.
The Chrome Store Library Is Known For Its Abundance Of Phishing Extensions, Especially For Cold Wallets Like Ledger. Although Google Removes Dozens Of Such Fraudulent Products Every Month, New Ones Are Coming In Their Place. In March 2020, Fraudsters Stole More Than $ 250,000 In Ripple Coins From Their Wallets Using A Fake Extension, And In June 2020, Crypto Podcast Host Eric Savix Lost All Of His 12 Bitcoins By Entering A Secret Phrase In A Phishing Extension For Ledger.
Step 5 : Don’t Click On Links In Emails
Phishers Often Send Emails From An Address That Is Almost Identical To The Real Address Of The Wallet Support Service. For Example, If You Use A XYZ Wallet From xyz.cxom Then You May Receive An Email From A Fake Address Like [email protected] Instead Of The Present [email protected] These Emails Try To Scare The User Or Create The Illusion Of Urgency — For Example, You Will Be Informed That Your Account Has Been Hacked/Blocked And That You Need To Update Your Security, Change Your Password, And So On. The Link Leads To A Fraudulent Page That Will Either Steal Any Data You Enter Or Install A Virus On Your Device.
This Also Applies To Ads Above Google Search Results That Often Advertise Phishing Pages. Here Is An Example – Note The Difference In Just One Letter Between A Real Address And A Fraudulent One:
Step 6 : Install Or Use Trusted Antivirus
The First Thing You Should Do After Installing A Ledger Wallet Is Install A Reliable Antivirus And Update It. Most Cyber Attacks Attempt To Send Important Information From Your Computer, You Should Make Sure That Your Pc Or Mobile Is Protected From A Virus Threat. Regularly Update Your Antivirus To Minimize The Risks Associated With The Appearance Of New Virus Threats That The Old Version Did Not Protect Against.
Step 7 : Never Disclose Your Private Keys
Private Keys Are Intended Exclusively For You. You Should Not Disclose Them For Transactions Or Cryptocurrency Purchases
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